Newby. Advice and help needed

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(@owfr9syx57)
Posts: 1
Topic starter
 

Hi all first time posting here and it won’t be the last nice to see I am not the only one struggling .

 

so here is my story so far…

 

I started gambling from a young age 17 and quickly found a problem with FOBT. This would go on untill I had my first job and I blew my weeks wage in one and I learnt me lesson the hard way!! so I decided there and then I would stop gambling which I did . ( had the odd gamble but was never a problem ).

now I became interested in investing / trading and had huge success I managed to take £.. to ...k at the age of 18 which was great (so I thought). Instead of withdrawing the money I went bigger in hopes turning ...k to ...k. And we know what followed I blew the rest and the gambling mind set kicked in!! So I done the same and curbed it.

now I managed to keep everything under control untill now . Fast forward 7 years I found myself financially in a good place very good savings for someone my age no debt no big bills so I deceived to have another go at trading . This time my friend set me up with broker who offered x1000 leverage . 

before I knew it I was hooked it was the same as playing online roulette the exact same feeling when your up or down . I deposited 2k which I lost and then I deposited 5k. I managed to turn this to ...k and successfully blew the lot being greedy. This then kicked of fight or flight which then drove me to over the course of a year blow all of my hard earned savings . I didn’t tell a soul until I eventually had a mental breakdown.

 

I have opened up to my loved ones which has helped tremendously and also signed up with Gamcare/Gamstop and spoken to a doctor .
the dark place I have been in for the last year.

 

after sitting down and talking to people I feel so much better and to come to terms with not getting that money back is also very helpful .

 

fortunately enough for me I put a gambling stop in place via my bank and also told them to stop taking any payments to the broker a year previous as I had outlined it as a problem which they did not flag at all and proceeded to carry on taking numerous payments from them. I fully understand it is me but also feel let down that they never flagged this especially being aware of the gambling problem so that is something I have been told to chase up and that I may have a good case. But hey Ho I’m coming to terms with the fact I’m not getting the money back and if i do it’s a bonus and will go to my family members for the stress I have out them through .

This topic was modified 1 year ago by Forum admin
 
Posted : 24th July 2023 5:16 pm
(@oranje01)
Posts: 195
 

Hi @owfr9syx57

Thanks for your post. I read all of it and really empathise with what you are dealing with. You are still very young and have your whole life ahead of you. This episode in your will pass and you can conquer it. Youve done many positive things to put you in the right direction so keep going.

Oranje 

 
Posted : 25th July 2023 8:00 pm

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