The hurt hurts so hard

4 Posts
4 Users
0 Reactions
752 Views
 Dan
(@w7tembyl30)
Posts: 1
Topic starter
 

Im a 43 yr old male who has an amazing wife and beautiful daughter . We live a good life and have all we need and more . I find myself on here as I have a problem with gambling in the past and now trading on stocks & shares.

i recently got some inheritance money and had not been gambling for many years now and was not even on the radar and thought I have cracked it until I started thinking how I would use the inheritance money.  My wife and I discussed that getting a camper van for us as a family would be amazing , so we started looking for the ideal match , I was drawn to many that was out of my price range so I took it upon myself to tray and make a few extra quid selling cars …. Didn’t work . Then a few other bit and pieces that just fell flat . 

At my work place a couple of my colleagues do a little trading and I overheard them taking about a great opportunity , so I looked into it myself . 

after doing a lot of my own research I dived in and started trading . Only small just to get a feel for things . Worked out ok so I moved onto bigger things . Real big . I took out a personal loan to help feed this new venture . 

I had an amazing vision in my head of driving down our road in this amazing camper van that we would all enjoy and surprise my family . 

this got shut down very quick as what I was trading in began to fall like a lead balloon . It was clear I was a total rookie and made some big mistakes. So there I was again getting out another loan to help me get back the original loan but the stock just did not do what I expected. 

in a nut shell I’m now heavily in debt and have revealed this to my wife who was obviously VERY MAD and clearly upset . I don’t originally look at it as gambling but looking back now it clearly is . 

i have been to some very dark places with my emotions with the worry of the effects it will have to my family life .

 

im currently seeking help in every way possible as i dont want this hurt and will do anything to get back to where we as a family was not so long ago. 

 

 
Posted : 23rd October 2024 12:45 pm
(@p6z38njbqm)
Posts: 500
 

Extremely sad story mate, but also extremely relatable. I was there 209 days ago. Lost everything. Sooooo much debt. Relationship on the rocks. I’m now living alone, working on my debts but happier than I’ve ever been. Gambling cost me everything and you are lucky you have the support of others. Make you family proud. Read all the diaries in here, contact the team, attend GA, block all access. Have a day of hard work and do everything you are advised on this site. The future is bright. The future is what you want, you need to make it work though. Hard work now and for the next few months and it’s yours.

Good luck mate 💪

 
Posted : 23rd October 2024 6:52 pm
 aj
(@3c8z6mp2ht)
Posts: 3
 

Hi firstly your health is your wealth at the end of the day money is materialistic...and what we generally buy is not needed....remember it's only money you can always get more...don't ever beat yourself up about a gambling or mistake losing money.. easy to do I know.. I like to gamble ...slots ..roulette etc... i lose all the time and am by no means rich... the loses will come back over time... your family will support you...look after yourself...you carnt take the money with you.. amd I certainly don't won't to be the richest man in the graveyard....take care....

This post was modified 1 month ago by Forum admin
 
Posted : 23rd October 2024 9:45 pm
(@287hzyl0pq)
Posts: 70
 

Problem with the stock markets is that their more rigged than Casinos

Retail traders can sometimes catch a lucky break or fumble their way onto the right side of a trade but there are thousands of algorithms in the market specifically designed to bleed retail traders dry 

I've thought about it before and come to the conclusion you actually have less control over "the position" than an actual bet 

You're often taking positions with a lot less information than the other side be that buy or sell so it inevitable your going to get cleaned out 

Over extended periods of time it looks like markets just go up and up and I guess thats the definition of a Ponzi scheme 

Personally I would stay well clear of stock trading 

 

Time is a great healer pull away from the easy money it will wreck you 

 

 

 
Posted : 23rd October 2024 10:53 pm

We are available 24 hours a day, every day of the year. You can also contact us for free on 0808 80 20 133. If you would like to find out more about the service before you start, including information on confidentiality, please click below. Call recordings and chat transcripts are saved for 28 days for quality assurance.

Find out more
Close