It’s a near life experience.
You put up all of your money on a less than binary option… and it’s gone.
I remember how much I was always against gambling. My ex boss literally almost had to force me to throw some of his coins in random slots in Reno. Been to Vegas 4 times. Never gambled a penny.
The cabinet maker I knew lost 17k (all) on a single spin on Roulette. What an idiot – I thought.
Yet, before I left the US, in a span of less than a year I lost a total of 170k, two thirds of my savings. TNA plus Weekly Spy calls if you want details.
When you find yourself in a desperate situation, you reach after trading for a fix. I quit one job and lost the other. From monthly 4,500 savings to 2,200 shortfall. I became a wall street degenerate, and the addiction never went away.
Confusing luck for knowledge is a big one.
My only hope for a future in trading was always to specialize, so that’s the path I took.
All I know is that I am trading with debt now. Not a smart thing to do. Taking a holiday to St. Maarten & Anguilla, because I’m married, this year is a 20th, a 50th and an 18th anniversary. Epenses spiraling out of control, kid going to univ. , needing new comp & I’m buying ome 8-core for myself as well while at it.
On the plus side I have some tangible knowledge now that should translate to income. Luck is sure to run out. Understanding can last you for a while.
So who’s doing it right then?
I hate to say it, i hate to say it, but it’s probably Sting.


