Need desperate help (Lost life savings)

Start reading investing books. It will teach you that which you need - patience. Since it takes time & mental effort.

Go straight for Intelligent Investor & Security Analysis

 

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Everyone I believe has missed the main point here. It has nothing to do with trading and everything to do with addiction and being totally irresponsible with handling money. You have to ask yourself if you are marriage material. Your girlfriend certainly should when she finds out that you just threw all your money away that you needed when you were preparing to spend a lifetime with her. She needs to have total control of your joint finances and you should never trade again. You could not be trusted with a trading account.
 
Needdesperatehelp said:
Have been trading for about 8 years. Last night and I revenge traded the fuck out of everything, deposited life savings after my ~25k account went to zero from revenge trading.

I think I might need help from gambling, I couldn’t stop until my account become zero and deposited all life savings. Well fuck.

I’ve read trading in the zone etc. But need desperate suggestions and help. I plan to at least work on my psychology for the remaining of this year before I get back to trading.

I’m 28 and was saving up for my wedding, literally lost everything that I’ve earned since I started working. Not a fucking clue on how I’m gonna tell my family.

What should I look into? Gambling or trading psychology. I’d still want to make it as a full time career (trading), but really need to spend at least this year fucking analysing my mistakes.

But, fuck. Me. Feels fucking horrible.
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You aren't a trader. Accept that and walk away. You have no ability to manage risk, a core component of trading. Please find another livelihood for your own sake. Good luck and I feel for you.
 
Needdesperatehelp said:
Have been trading for about 8 years. Last night and I revenge traded the fuck out of everything, deposited life savings after my ~25k account went to zero from revenge trading.

I think I might need help from gambling, I couldn’t stop until my account become zero and deposited all life savings. Well fuck.

I’ve read trading in the zone etc. But need desperate suggestions and help. I plan to at least work on my psychology for the remaining of this year before I get back to trading.

I’m 28 and was saving up for my wedding, literally lost everything that I’ve earned since I started working. Not a fucking clue on how I’m gonna tell my family.

What should I look into? Gambling or trading psychology. I’d still want to make it as a full time career (trading), but really need to spend at least this year fucking analysing my mistakes.

But, fuck. Me. Feels fucking horrible.
More...

Start going to Gambler's Anonymous.

Never trade again.

Press max on your 401k.
 
Jack1960 said:
Do not be discouraged. This is part if the course.
Be honest with your girl friend. If she does not understand, she is not the right girl for you.
Clear your mind for a few days. Do not paper trade. Develop an edge.Start again with small size like 1 share.
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stockpredictor said:
One must take a large leap in order to grasp Heaven!
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You want the guy to take out a big loan and meet up with you to "work something out with him". So what is in it for you? Since you are promising him "free money" don't you already have all the free money that you want? Maybe I should take out a loan and get some "free money" as well. But, the line is probably longer than the vaccination line hoping for "no shows".
 
Illini Trader said:
You want the guy to take out a big loan and meet up with you to "work something out with him". So what is in it for you? Since you are promising him "free money" don't you already have all the free money that you want? Maybe I should take out a loan and get some "free money" as well. But, the line is probably longer than the vaccination line hoping for "no shows".
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Yeah look at my prediction trading thread, then get back to me.
 
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