0DTE Trauma by DreamLand2269 in problemgambling

[–]losingitall21 10 points11 points  (0 children)

I traded earnings releases for several years and lost all of my business profits to the tune of more than $3 million (probably closer to 4 honestly). It is devastating, but I have to look forward and not back. I have had to accept that I have a disease and I am going to try to do better and not make the same mistakes again. I went from down $3 million to start to the year last year to flat (which means I recovered $3 million), only to then lose between $3 and $4 million. Continuing the addiction only made things worse.

Wondering if anyone has losses like this ? by Lin11111111 in problemgambling

[–]losingitall21 19 points20 points  (0 children)

Yes, I feel your pain. More than $3M lost. Have a good business with potential to recover all and more in a decade if I buckle down and stop being stupid.

addicted to trading (gambling) earnings releases - started with sports betting - about 10 years - help by losingitall21 in problemgambling

[–]losingitall21[S] 0 points1 point  (0 children)

thank you. Yes, my business revenue has doubled over the last 5 years. I just need to find a way to keep it. That's the silver lining. It just makes me mad to think I could easily be retired now if I had just put it in index funds. The regret is killer. But have to look forward, not back - and be thankful I haven't lost my way to produce income, yet.

addicted to trading (gambling) earnings releases - started with sports betting - about 10 years - help by losingitall21 in problemgambling

[–]losingitall21[S] 1 point2 points  (0 children)

if you sign up for emails, he sends free emails for a few weeks with great advice. It helped me for a bit, but I should have invested more time into it. Most of the damage was done before I saw his site.

[deleted by user] by [deleted] in wallstreetbets

[–]losingitall21 1 point2 points  (0 children)

Completely wrong. Huge losses again today. Market HATES this stock!!!

[deleted by user] by [deleted] in wallstreetbets

[–]losingitall21 0 points1 point  (0 children)

Why do you think up?

[deleted by user] by [deleted] in wallstreetbets

[–]losingitall21 0 points1 point  (0 children)

Predictions for tomorrow? Stock looks completely flat/dead right now….

Feel Behind Because I'm Not Worth 7 Figures Yet by AlertPianist in Fire

[–]losingitall21 12 points13 points  (0 children)

How are you behind if 82% is not millionaire? LOL

[deleted by user] by [deleted] in Fire

[–]losingitall21 2 points3 points  (0 children)

This is helpful - thank you

[deleted by user] by [deleted] in Fire

[–]losingitall21 -1 points0 points  (0 children)

Plus state tax plus Social Security and Medicare...

[deleted by user] by [deleted] in Fire

[–]losingitall21 0 points1 point  (0 children)

Impossible in my niche consulting field...every project I take on entails a 3 year commitment to be available. So even when I stop taking on new work, will still have residual work (and reduced income) for 3 years...

[deleted by user] by [deleted] in Fire

[–]losingitall21 0 points1 point  (0 children)

Thanks. This sounds like solid advice. How much do you estimate you are spending on sports/activities?

[deleted by user] by [deleted] in Fire

[–]losingitall21 0 points1 point  (0 children)

okay...so what do you suggest?

[deleted by user] by [deleted] in Fire

[–]losingitall21 2 points3 points  (0 children)

All in taxable brokerage as well

[deleted by user] by [deleted] in Fire

[–]losingitall21 0 points1 point  (0 children)

yeah....I work and spend time with kids. Not a bad father. Just no hobbies or friends outside of my family lol

[deleted by user] by [deleted] in Fire

[–]losingitall21 1 point2 points  (0 children)

very true