How has the pursuit of trading impacted your life?

Probably some form of FDIC insurance but I don't know what it would take to make that happen. I don't hold out much hope of being made whole - the liquidator will probably soak up most of everything that is left at this point. It gutted me totally, still trying to catch up all these years later. It is the lost opportunity cost that really hurts.
 
RoscoeInTexas,

That is too bad as I read Madoff's investors got the majority of their capitals back mostly because they are getting their money from the deep pocket middlemen?

Anyway, don't give up and best wishes to you.
 
I usually try to change the topic but if pressed I say something like "I run a small private fund". It's weird: I am happy that I am a trader but the questions that statement elicits range from polite interest all the way to disbelief and the strangest of questions and comments. Because I really can't be bothered getting into a debate about what I do for a living I will often just say that I "do computer stuff at home" or something like that.
 
rin4et said:
Like what lessons did it teach you?
More...

Taught me to cut losses, not marry single projects ("trades") etc. Stuff that's common for trading makes your balls made of titanium so that you rock in the "real" world. :D
 
Negatively. I wasted years of my life and got disgusted with humanity because there is a whole industry that revolves around defrauding retail traders. Mostly in the "trading education" "sector". It's disgusting.
 
RoscoeInTexas said:
I might add that events like PFG stealing my account a few years back was pretty rough emotionally. (Still waiting for the last of that account, the liquidator is dragging it out as long as possible to maximize his fee.) The effect of that gutted me and it is still having an effect all these years later. The lost opportunity costs are incalculable.
More...

At least the trashbag who did it offed himself - good riddance :)
 
You must log in or register to reply here.
Back
Top