First, no matter what, as a trader it is your #1 job never to put yourself in a “panic” position. No trade, no matter what you think of its future potential, outweighs that rule. If you trade for a living, your goal is always to “live to trade another day” which means tight risk management and taking every step to avoid this situation.

On every trade I make, I know where I have to exit no matter what before I make the trade. If I can’t figure that out, then I don’t make the trade. I learned, like you are right now, that trying to figure out an exit after you’re down significantly in a position never is to your advantage. Right now, you’re emotionally connected to that trade, if not trapped by it. The fact that you’re thinking about “future job prospects” also suggests that you really are in very serious trouble. While it is difficult to say this, it is time for you to take ownership of your destiny and realize that you’re never going to survive in this environment doing what you are doing right now. So, my suggestion – move to cash and paper trade until you prove you can trade in a manner that has no element of panic. No market and no position should ever hold you captive to fear.