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Suicide and forex

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  • Post #2,021
  • Quote
  • Edited 7:23pm Jul 21, 2020 6:59pm | Edited 7:23pm
  •  LDFX
  • Joined Jul 2012 | Status: Member | 970 Posts
Quoting Deepak.Dubey
Disliked
{quote} You're right. Look at all the students that have committed suicide due to the evergrowing college fee debt. We only notice the cases that are linked to the field we are working in but in reality, all financial, educational, political etc. institutions are coming apart.
Ignored

That is not true. Suicide rates among students are the lowest on financial reasons if you take out the bullying many are victims off.

On other business sectors I kind of agree, the first example that comes in my mind is a restaurant owner that invested all his savings and go bankrupt, the emotional distress is very high.


But there is a noticeable difference however, in much traditional business such as a restaurant, a retail store, a retail website, a import/export company, a construction company, a service related company, etc..., a « failure » is easy to call it such, while how would you call it a failure in trading ?


Certainly not 1 blown up account (2/3/5/10?) or perhaps then a year trading without haven’t been able to bring home money ? Or 2 years ? 5 years ? 10 years ? Or a maximum capital ?


Many peoples are trading since many years, devoted much time, neglected many things for trading, lost tons of money and still continuing even though they aren’t making money, why aren’t they calling that failure ?


Trading is different than most business. Business is simple, it is a financial risk to get in the place then it is offer and demand, if not enough demand then you haven’t the good business because the demand is meaningless and you move on.


Trading on on the other hand is never over because short money is way to easy to make (1-12 months), so most peoples never stop because the problem is never that they weren’t successful, actually all traders are successful in a relative short time, again, making money from trading is VERY easy, keeping it is the hard part. They are just hooked and the more they invested the less they want to get away, same as the fallacy of a gambler in front of a slot machine.


Let’s take for example a import/export company, it is quite easy to manage as long as you understood the cost and minimum profit margin required, as long as you have demands and are not too dumb, no need to go school for it.


Trading is more like a surgeon that needs years of studying, but a Surgeon at least at the end of his scholarship get a degree and can start to work for a huge salary. Ever wondered why there is no school or degree to be a successful trader ? Because it doesn’t matter how good you are nor the knowledge you have, it is a zero sum game.


Only the smartest of the smartest make a living from it and if more smart peoples are coming into the game the market will just self balance itself making it only profitable for the smartest of the smartest of the smartest, and so on. It is not only about being smart and good but being the best, the Alpha. Which is not the case at all of most businesses where the idea/timing/risk/luck/innovation counts and rewards, which allows an unskilled/unexperienced business man to become a millionaire which is absolutely impossible in trading.


That is why Trading is one of the profession with the highest suicide rate.
LDFX Trading Ltd
 
 
  • Post #2,022
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  • Jul 21, 2020 7:25pm Jul 21, 2020 7:25pm
  •  Marcieny
  • Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,191 Posts
the person commits suicide because he has a weak mind, and does not love life, only God fills the void within each person with peace, so if each person does not find a way to balance in bad situations he will never be a strong person...or the person who commits suicide has a disturbance in the mind.

I think that this topic should not even exist is a very sad topic,because it can encourage people to try to do that.
Proverbs 18.15
 
 
  • Post #2,023
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  • Edited 8:12pm Jul 21, 2020 7:35pm | Edited 8:12pm
  •  LDFX
  • Joined Jul 2012 | Status: Member | 970 Posts
Quoting Marcieny
Disliked
the person commits suicide because he has a weak mind, and does not love life, only God fills the void within each person with peace, so if each person does not find a way to balance in bad situations he will never be a strong person...or the person who commits suicide has a disturbance in the mind.
Ignored

What prevents you to have a weak mind, ever ? Isn’t it your god that said to not throw the stone ? Do not judge, only your god can.

Mostly do not judge a person because of what he has done, anyone is capable of anything if he is trapped in a vicious circle. Isn’t it what your god should have taught you? Pity, compassion, humility instead of intolerance and arrogance ?

I didn’t judge anyone, just explained the big distress trading might have on one’s mind.

Your sayings are very horrific, especially for someone claiming to believe on a Holy Spirit because you certainly have no compassion nor spirituality in you. And the only one guilty to have made possible the weakest is god himself, yet you think that god is a sadist by having created the world we live in and all the humans just to condemn them once fallen, while we should help them without judgment. If you haven’t understood that then you are no better than Hitler.
LDFX Trading Ltd
 
 
  • Post #2,024
  • Quote
  • Jul 21, 2020 8:00pm Jul 21, 2020 8:00pm
  •  Marcieny
  • Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,191 Posts
Quoting LDFX
Disliked
{quote} What prevents you to have a weak mind, ever ? Isn’t it your god that said to not throw the stone ? Do not judge, only your god can. Mostly do not judge a person because of what he has done, anyone is capable of anything if he is trapped in a vicious circle. Isn’t it what your god should have taught you instead of intolerance and arrogance ? I didn’t judge anyone, just explained the big distress trading might have on one’s mind. Your sayings are very horrific, especially for someone claiming to believe on a Holy Spirit because you certainly...
Ignored
I have no compassion?
your comment is the type that supports the person to do this, I will never return to that topic again.
Proverbs 18.15
 
 
  • Post #2,025
  • Quote
  • Jul 21, 2020 8:16pm Jul 21, 2020 8:16pm
  •  LDFX
  • Joined Jul 2012 | Status: Member | 970 Posts
Quoting Marcieny
Disliked
{quote} I have no compassion? your comment is the type that supports the person to do this, I will never return to that topic again.
Ignored
I do not support it but who are we to judge someone who went so far ?

Especially if we believe in a god, we should be pitiful, compassionate about peoples no matter as weak as they have been leading to such horrible extreme instead of harshly coldly judging and condemning them.

Where is your love ?
LDFX Trading Ltd
 
 
  • Post #2,026
  • Quote
  • Jul 21, 2020 8:34pm Jul 21, 2020 8:34pm
  •  LDFX
  • Joined Jul 2012 | Status: Member | 970 Posts
Quoting Marcieny
Disliked
the person commits suicide because he has a weak mind, and does not love life, only God fills the void within each person with peace, so if each person does not find a way to balance in bad situations he will never be a strong person...or the person who commits suicide has a disturbance in the mind. I think that this topic should not even exist is a very sad topic,because it can encourage people to try to do that.
Ignored
Your signature being about Einstein (quite interesting for someone so narrow minded), what do you think he would answer to your post ?
LDFX Trading Ltd
 
 
  • Post #2,027
  • Quote
  • Jul 21, 2020 10:17pm Jul 21, 2020 10:17pm
  •  Pacmanpip
  • | Joined Jan 2012 | Status: Member | 52 Posts
Almost everything people do is suicidal and it only takes a life time
Happy trading
 
 
  • Post #2,028
  • Quote
  • Jul 22, 2020 1:32pm Jul 22, 2020 1:32pm
  •  AndyN
  • | Joined Jul 2020 | Status: Member | 22 Posts
Stop thinking about suicide and think about the future with optimism
 
 
  • Post #2,029
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  • Jul 24, 2020 5:05am Jul 24, 2020 5:05am
  •  Butterscotch
  • | Additional Username | Joined Mar 2016 | 578 Posts
According to the Centers for Disease Control and Prevention, suicide is the seventh leading cause of death for men, versus the 15th leading cause for women. Men are almost four times more likely to commit suicide than women. In an industry with a dearth of women, perhaps that could explain some of the discrepancy (if any) versus the broader population.
 
 
  • Post #2,030
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  • Last Post: Jul 27, 2020 5:37am Jul 27, 2020 5:37am
  •  kavanto
  • | Joined Dec 2019 | Status: Member | 189 Posts
Suicide in trading is an inexperienced and greedy trader. Look at gamblers who only want to be rich after 1 night. hahaa
 
 
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