my trading is s**t lately!!!

Quote from Hoofhearted:

oldtime,
I am 38 yrs old and one thing I can tell you for certain is my brother who was a little over a year older than me, was able to own a firearm, and he shot himself in the head. He was probably the most talented, and loving man I'd ever known. He lost close to a million dollars in the market, because he could not shut his mind down or get off the roller coaster.

If there is anyone that you care about in life, or have anyone who cares about you, then please seriously consider getting off the roller coaster.

I know that quitting is probably not an option for you, but at least consider investing in a way that's longer term, with more modest gains and losses. It is possible to make lots of money investing without being strapped in the coaster all day, and every day. And don't accept that your history of failures will stand in the way of your future successes.

You can also call 1-800-273-8255 if you feel the need to talk to a real person.
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thanks for the story, I know it is sad for you, and it is sad for all of us that are human beings. I'm doing allright in forex, 80% of my money is invested very conservatively in index funds suitable for a little old lady. I can live off just the income from my bonds if I want to. I like living off trading, it was hard when I had kids to raise, and wouldn't want to do it again, but it is fun when you are old. Some months are tight, and that gets your head together, and some months you run out of things to spend money on.

.
 
Quote from Hoofhearted:

oldtime,
I am 38 yrs old and one thing I can tell you for certain is my brother who was a little over a year older than me, was able to own a firearm, and he shot himself in the head. He was probably the most talented, and loving man I'd ever known. He lost close to a million dollars in the market, because he could not shut his mind down or get off the roller coaster.

If there is anyone that you care about in life, or have anyone who cares about you, then please seriously consider getting off the roller coaster.

I know that quitting is probably not an option for you, but at least consider investing in a way that's longer term, with more modest gains and losses. It is possible to make lots of money investing without being strapped in the coaster all day, and every day. And don't accept that your history of failures will stand in the way of your future successes.

You can also call 1-800-273-8255 if you feel the need to talk to a real person.
More...

Why do you feel the need to tell someone to get off the roller coaster just because your brother didn't succeed. Trading is, like everything else in life, risky.
To most people, trading means money. To those people, it's just a job like any other. Most of these people will fail because they will grow to hate it. To some people, trading is a passion and a dream; money is just a way to keep score. To these people, trading is a part of them. It's the same reason some people study medicine despite the harsh and long hours...the reason people pursue art/philosophy, knowing that they might be unemployed for years after graduation.
You could argue that it's gambling or a game of statistics. Everything in life is. You only have one life to live...live yours the way you want to and let others live theirs.
 
Quote from koolaid:

Why do you feel the need to tell someone to get off the roller coaster just because your brother didn't succeed. Trading is, like everything else in life, risky.
To most people, trading means money. To those people, it's just a job like any other. Most of these people will fail because they will grow to hate it. To some people, trading is a passion and a dream; money is just a way to keep score. To these people, trading is a part of them. It's the same reason some people study medicine despite the harsh and long hours...the reason people pursue art/philosophy, knowing that they might be unemployed for years after graduation.
You could argue that it's gambling or a game of statistics. Everything in life is. You only have one life to live...live yours the way you want to and let others live theirs.
More...

Sorry about your brother, a real tragedy. But I gotta agree with this guy.
 
Quote from koolaid:

Why do you feel the need to tell someone to get off the roller coaster just because your brother didn't succeed. Trading is, like everything else in life, risky.
To most people, trading means money. To those people, it's just a job like any other. Most of these people will fail because they will grow to hate it. To some people, trading is a passion and a dream; money is just a way to keep score. To these people, trading is a part of them. It's the same reason some people study medicine despite the harsh and long hours...the reason people pursue art/philosophy, knowing that they might be unemployed for years after graduation.
You could argue that it's gambling or a game of statistics. Everything in life is. You only have one life to live...live yours the way you want to and let others live theirs.
More...

It may just be a simple misunderstanding. I think you are misunderstanding that I was trying to tell you and, "others", to stay off of roller coaster gambling sprees. I wasn't speaking to you or anyone else on this forum. I was addressing oldtime, a person who sounds like they may have been thinking about suicide. You see, sometimes when a person feels that way, it may just take knowing that someone else cares or understands.
I have known two people who have have taken their lives, after achieving drastic highs and lows in the stock market.

I only requested that he consider, and by no means was I telling him what to do or not do.


Of course I could be mistaken too, in thinking that oldtime was showing any telltale signs of suicidal tendency. He may have just been drunk or stoned and rambling.

Either way, I din't think that it could hurt much, letting him know there are others out there who can relate .
 
Quote from Hoofhearted:

Thanks for your sympathy, and your two cents.
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thats crazy.. ive lost most of my closest friends to drug overdoses.. my brother died of colon cancer.. i've found a way to be happy .. i'm not actually scared to own a gun.. i've watched alot of people do that to themselves in different ways.. i could never do that to everyone that knows me.. i've actually went from a complete suck the life out of everyone i know drug addict .. to a value creating resource to my family and all my friends..
i know exactly what its like to be at the "jumping off place" and i'm glad i'm still here.. i've never really had suicidal tendencies except for the way i lived my life in the past with drugs etc etc.. i'm 16 years sober.. i've sponsered hedge fund managers, professionals, gutter heroin addicts, a guy that was on "americas most wanted",the list goes on.. i put my one of my best friends in treatment he is still sober and one of the only ones alive.. life is a gamble and if you get to be compulsive about it you'll ruin it! if your looking for some kind of salvation in trading ,money, a girl etc.. it won't turn out good.

sorry about your brother..
 
Quote from cdcaveman:

thats crazy.. ive lost most of my closest friends to drug overdoses.. my brother died of colon cancer.. i've found a way to be happy .. i'm not actually scared to own a gun.. i've watched alot of people do that to themselves in different ways.. i could never do that to everyone that knows me.. i've actually went from a complete suck the life out of everyone i know drug addict .. to a value creating resource to my family and all my friends..
i know exactly what its like to be at the "jumping off place" and i'm glad i'm still here.. i've never really had suicidal tendencies except for the way i lived my life in the past with drugs etc etc.. i'm 16 years sober.. i've sponsered hedge fund managers, professionals, gutter heroin addicts, a guy that was on "americas most wanted",the list goes on.. i put my one of my best friends in treatment he is still sober and one of the only ones alive.. life is a gamble and if you get to be compulsive about it you'll ruin it! if your looking for some kind of salvation in trading ,money, a girl etc.. it won't turn out good.

sorry about your brother..
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Just like any good stock, there is always a bottom as long as you stay in the game long enough to find it. Good job on the turn around ,cd!
It is peculiar how some people have no problems with one failure after another, while others can't live with it. I've come to have a great respect for both. Thanks
 
Quote from Hoofhearted:

It may just be a simple misunderstanding. I think you are misunderstanding that I was trying to tell you and, "others", to stay off of roller coaster gambling sprees. I wasn't speaking to you or anyone else on this forum. I was addressing oldtime, a person who sounds like they may have been thinking about suicide. You see, sometimes when a person feels that way, it may just take knowing that someone else cares or understands.
I have known two people who have have taken their lives, after achieving drastic highs and lows in the stock market.

I only requested that he consider, and by no means was I telling him what to do or not do.


Of course I could be mistaken too, in thinking that oldtime was showing any telltale signs of suicidal tendency. He may have just been drunk or stoned and rambling.

Either way, I din't think that it could hurt much, letting him know there are others out there who can relate .
More...
appreciate it, yes I ramble all weekend, once mkt opens, not too talkative, nothing today worth even killing myself over, ended about where I started, I'm always spread, sometimes so well can't make money or lose money. otherwise, it's always important to hear how it hurts the survivors, because at times it can sound like a rational plan B.
 
Quote from oldtime:

appreciate it, yes I ramble all weekend, once mkt opens, not too talkative, nothing today worth even killing myself over, ended about where I started, I'm always spread, sometimes so well can't make money or lose money. otherwise, it's always important to hear how it hurts the survivors, because at times it can sound like a rational plan B.
More...

Both my brother and brother-in-law said to others while they were alive that they have thought about it, but could never actually do it, knowing how bad it would hurt others. I guess at some point the pain of failure and loss can overcome just about anything else that is going on inside. Many of the world's most powerful men have been toppled in a moment of weakness. Maybe had they just survived the moment, they'd still be here helping others or just getting along ok, but I guess we'll never know.
 
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