When I first started trading at the CBOT in the early 80's suicides were pretty common. I'd guess between 1980-83 a couple of dozen traders (even two women). A few "name" guys too. Chris Heymeyer's brother was Charmain of the Cotton Exchange and shot himself to death. Chicago news anchor Walter Jacobson's brother, Alan was a suicide after being blown out of a 650k losing bond long on the years low. There must have been something about that "era" that made suicide so prevalent because it's been uncommon since. When I came into the Bond pit a guy near me killed himself after losing 20 thou. No pun intended but that was a little bit of over-kill....
Hearing Chicago MERC trader commited suicide after blowing out
- Thread starter nitro
- Start date
Quote from nitro:
I am hearing of people dropping like flies and blowing their accounts. You are not alone and it happens to anyone.
I beg of people in trouble, no amount of money lost is worth your life, even if you see no exit plan out of money trouble.
You may not see alternatives, but give it a year.
nitro
What kind of hits to you hear about on Sept opex?
How about DRW?
Hey nitro. Unfortunatly I just heard the same rumor here. I havent heard any names. Its terrible. A clerk Im on the headset with came back from lunch and just told us this. He claims its from a very reliable source. damn jimQuote from nitro:
I am hearing of people dropping like flies and blowing their accounts. You are not alone and it happens to anyone.
I beg of people in trouble, no amount of money lost is worth your life, even if you see no exit plan out of money trouble.
You may not see alternatives, but give it a year.
nitro,
nice to see you back. Option mm funds are the only funds that are up huge this year. what are the concerns? based on the ones I know and am invested with, they are thrilled so far.
thanks,
surf
ps please pm me if you dont want the info public-- this is important.