Once-richest Irishman declared bankrupt on wrong bets with CFD´s

Quote from oddsman:

there's gotta be an irish joke in here somewhere.

Somebody should be able to come up with something - beer, four leaf clovers, anything! It's the only reason I clicked on this thread to begin with!
 
The problem with having a long string of successes in life is that you start to think you have the magic touch and anything you do will work out. So the bets get bigger and bigger and risk management is thrown out of the window. Eventually, your luck runs out.

Once again, everything boils down to psychology and the need to curb your enthusiasm.

Traders: learn from this!!
 
Quote from Ghost of Cutten:

Yet prices right now are not bargain basement. Not expensive, but hardly screaming bargains either. Try to rent a decent city centre apartment in Dublin for <1k euros.

It's 2011 Brother.
 
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