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Attachments: Suicide and forex
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Suicide and forex

Quoting Rob Mondave
{quote} I'm sure you don't mean to, but you're inadvertently trivializing the reasons for suicide. The Actor Philip Seymour Hoffman, who killed himself a few years ago, was very successful, very popular and very wealthy. People who are suicidal very often feel painfully alone, and can even feel alone at their own birthday party surrounded by friends and family who sincerely love them.
My phone is glitching with the page. Can't get anything down properly.

Those feelings are trivial... We're all alone in this world and were since the day of our birth. Some people just do a better job of convincing themselves otherwise because they're afraid to stand alone. They also tend to lose money in the markets.

Your measurements of Hoffman's success are also trivial. "If your success is not on your own terms, if it looks good to the world but does not feel good in your heart, it is not success at all."

It's my assumption that you have never lost everything in the world that matters to you and mustered the strength to continue on. Alone. It actually makes trading easier by an incredible degree.

This game isn't dominated by people who don't lose. It's dominated by people who win. And to them it isn't dominated by people who win. It's dominated by people who can't lose. Just another piece of the paradox.
"The fun is in the hunt. Not the kill."
Quoting Rob Mondave
{quote} You don't get it, but it's a good thing that you don't get it. Edit: Pardon me, you added the second paragraph. There are different reasons for suicide, and certainly part of dealing with it is being tough, but that's a simplistic way of looking at it.
Whatever a person's reasons; they are their own. It doesn't make those reasons any less subjective or trivial. It has nothing to do with being tough and everything to do with them being unable to see the world beyond their own subjectivity. It just requires a bit of toughness to get there.

At the end of the day... What if Hoffman's reasons were wrong?
"The fun is in the hunt. Not the kill."
Great. Thanks for the laugh because reading these thoughts I am discouraged (not from suicide, just sorry to see the thoughts!).

The thing is: we are not alone, and relying on other people as the standard of whether or not you are getting understood is certainly a bad idea - that's in response to one idea I read. Also good grief have you not seen a fancy bird or beautiful fish? we have them here in this state of Hawaii and for me they're among the reasons it is impossible NOT to believe a creator exists - so we are creatures and we had a creator. YEP. Really. We did! We didn't just spring up like a mushroom. There is a Great Deal of optimism and creativity in the world, and it comes from .... our creator. We are even given the chance to create ourselves, in producing children. But we have a responsibility to help them to see they have a soul. We sure will die and we sure will live on. Forex is material. It used to be that people understood the difference between what they are seeing and themselves, meaning, imagination, or whatever.

Those who think that things related to trading are hopeless are not centered in the kind of mind that has some humility in spite of great over confidence and they don't have the patience to wait - there's saying in Hawai'i in pidgeon English, 'try wait' and it gets put on t shirts which a few wear. - Oh, as to why do not rely on others: they are just as flawed as you are. It took me a long time realizing the truth of original sin. Things are really a lot simpler than we make them...too bad that kind of knowledge has been rejected in favor of 'the authentic self.' The crucified self is more like it... - we do not have the right to end something we did not create and give up. And it is not impossible to cope but again, God forbid if you are relying on other people in some way to the degree that you are giving yourself away for ....nothing that compares with the creator. If you believe in miracles and I do, you even have a continuous supporter in Our Lady YEP... look up Lourdes, and Fatima - look for the video of the huge crowd that saw the miracle of the sun. She's on everyone's side and continuously compassionate. Too bad all that is lost to most.
Quoting lasty
{quote} Maybe they are highly strung
  • Post #24
  • Quote
  • Edited Jan 15, 2018 12:01am Jan 14, 2018 11:43pm | Edited Jan 15, 2018 12:01am
Quoting Greenstar
Great. Thanks for the laugh because reading these thoughts I am discouraged (not from suicide, just sorry to see the thoughts!). The thing is: we are not alone, and relying on other people as the standard of whether or not you are getting understood is certainly a bad idea - that's in response to one idea I read. Also good grief have you not seen a fancy bird or beautiful fish? we have them here in this state of Hawaii and for me they're among the reasons it is impossible NOT to believe a creator exists - so we are creatures and we had a creator....
Tell me... did you feel fear yesterday when you heard about the ballistic missile that was about to kill your entire family and yourself in a few minutes? I wonder if your creator spared you that sensation. The funny thing about the soul is that it feels fear over such trivial things. I doubt the fancy bird or beautiful fish felt anything. Or the mushroom for that matter.
"The fun is in the hunt. Not the kill."
look at the posting history of the OP and you will find he keeps trading yet keep talking negative about forex, this kind of thread can really affect traders mind set.


I dont understand why such people are even allowed on trading forums, there are lots of people who trade for living and live totally on trading based income.

I want mingary to apologist and FF to delete this thread ASAP.
Quoting 0toinfinity
look at the posting history of the OP and you will find he keeps trading yet keep talking negative about forex, this kind of thread can really affect traders mind set. I dont understand why such people are even allowed on trading forums, there are lots of people who trade for living and live totally on trading based income. I want mingary to apologist and FF to delete this thread ASAP.
A profitable trader loves to talk about their losses.
Ecclesiastes 1:9
Quoting newbegger
{quote} A profitable trader loves to talk about their losses.
yeah of course who denies that, losses are part of trading.
I do not think you will find any stats on retail Forex traders committing suicide because I doubt many exist. Most retail traders have other income sources so blowing their account is not a big deal. Unless they are dependent on income from taking money from the retail traders (sarcasm intended) they just keep toiling away and keep putting money into their accounts with crapping trading rules from gurus who are "retail traders". Eventually they go broke, and a new crop of suckers grow out of the forex plantation to keep us well fed and bills paid.
Ecclesiastes 1:9
“I'd swear to God, if I were a piano player or an actor or something and all those dopes thought I was terrific, I'd hate it. I wouldn't even want them to clap for me. People always clap for the wrong things. If I were a piano player, I'd play it in the goddam closet.”

― J.D. Salinger, The Catcher in the Rye
  • Post #30
  • Quote
  • Edited 10:55am Jan 15, 2018 6:19am | Edited 10:55am
http://nogamblingaddiction.com/addiction-statistics.htm

Retail forex traders are suffering in most cases severe gambling addiction. So it is reasonable to look at statistics related to gambling addicts...
Retail forex addiction is even worse, because still a significant portion of retail traders believe the marketing myth that it is possible to be profitable in retail forex, although every trustworthy source suggests otherwise.

No wonder that snake oil sellers like redeflect..... who works for or has a stake in the forex business..... is attracted to this thread to make sure the direct correlation between retail forex and suicide rates stays under the radar of the public.....

 

  1. The most innocent gambler has to remember that he has 5% of chances to risk something that will change his\her life.
  2. In the USA there twice as more addicted gamblers, than cancer patients.
  3. Americans that live within 50 miles near the casino, have the doubled rate of going there and becoming addicted.
  4. Each compulsive gambler in the USA just costs the economy approximately $16, 000 per year.
  5. 25% of addicted gamblers have tried to commit suicide, and Nevada has been the center for such attempts for the last 12 years.
  6. Harvard research presents that 92% of 80 addicted gamblers tend to relapse.
  7. Between 4% and 8% of American youngsters become addicted nowadays.
  8. 672, 000 American college students and 35 millions of teens are addicted to gambling.

This is way I hate this industry and continue to fight against it.... we need more marketing bans, strict leverage limits etc....
Regulators are slowly moving in this direction, so the worst out of this group are celebrating the current party within mostly unregulated cryptos.....
Look at suicide rates when the crypto maniacs are facing reality.

  • Post #31
  • Quote
  • Edited Jan 16, 2018 1:13am Jan 15, 2018 7:13am | Edited Jan 16, 2018 1:13am
Quoting HudithePfupf
http://nogamblingaddiction.com/addiction-statistics.htm Retail forex traders are suffering in most cases severe gambling addiction. So it is reasonable to look at statistics related to gambling addicts... Retail forex addiction is even worse, because still a significant portion of retail traders believe the marketing myth that it is possible to be profitable in retail forex, although every trustworthy source suggests otherwise. No wonder that snake oil sellers like redeflect..... who works for or has a stake in the forex business........
Thank you.

"This is way I hate this industry and continue to fight against it"
How can I help ?
Come on people-of-the-Bell-Jar let us hear your voice.
Quoting HudithePfupf
http://nogamblingaddiction.com/addiction-statistics.htm Retail forex traders are suffering in most cases severe gambling addiction. So it is reasonable to look at statistics related to gambling addicts... Retail forex addiction is even worse, because still a significant portion of retail traders believe the marketing myth that it is possible to be profitable in retail forex, although every trustworthy source suggests otherwise. No wonder that snake oil sellers like redeflect..... who works for or has a stake in the forex business........

Wow an amazing post !!!

This the truth

Retail forex is a casino.

I have a friend who works for IG markets accounts. He confirms this notion. The house has the edge ( IG)
Quoting Mingary
“I'd swear to God, if I were a piano player or an actor or something and all those dopes thought I was terrific, I'd hate it. I wouldn't even want them to clap for me. People always clap for the wrong things. If I were a piano player, I'd play it in the goddam closet.” ― J.D. Salinger, The Catcher in the Rye
Lol. At the height of my music career (half a lifetime ago...) I had developed great contempt for audiences. Although they were generally true music lovers they were generally clueless about what we were doing on stage. The music is always greater than the performers and the depths to which we delved inside the music was beyond what non- or occasional-musicians could grasp. Yeah, I know that's pretty arrogant... :-)
Quoting Mingary
{quote} Yes it does. Spot retail forex is a silent killer ... For a few, it's a cancer that takes time to grow over many years and that cannot be talked about. You can see the tip of the iceberg and all seems ok but below the water line is an enormous mass of dead bodies (many figuratively and a few literally)
The cure is simple. You just need to admit this guy was correct.

At least I think that was him. A long-time advocate of the fruitless passtime that is forex trading.

The avatar has improved ( grown-up ? ), used to depict a younger fresh-faced youth.
Carbon-Dioxide: the gas of life!
Quoting HudithePfupf
the marketing myth that it is possible to be profitable in retail forex, although every trustworthy source suggests otherwise.
can you post a trustworthy source that no one wins in retail forex please
...pretty disturbing people.
Quoting Ross88
{quote} can you post a trustworthy source that no one wins in retail forex please

Why not go for hedge funds ?


Retail forex is like las vegas.


https://agoraeconomics.com/2016/09/0...ds-lose-money/
Quoting Exodus
{quote} The cure is simple. You just need to admit this guy was correct. At least I think that was him. A long-time advocate of the fruitless passtime that is forex trading. The avatar has improved ( grown-up ? ), used to depict a younger fresh-faced youth.

Yeah that guy is correct

A quote from him

> Are you saying you make a living trading RETAIL FOREX, month after month, and have done so for the last 5 years at least?

Sorry, but I don't believe you.

According to official brokers stats for a period longer than 12 months, 99.6% of people trading RETAIL FOREX lose money in this scheme. (Almost identical numbers as in Gambling).

Nuff Said.

What helped someone to be profitable?

Just quit trading and work in a real business, selling a real product or service.

Retail Forex Trading is a Gambling Scheme, and you can't pretend to make money as a gambler.

The house (Casino / Forex Broker / Sports Betting Broker) always wins long term. Any PhD in mathematics can show this.

Nuff Said.

Consistent traders trading RETAIL FOREX long term?

Zero. 0. Nada. Cero. Null. None.

If you want to make money with FOREX, become a Broker (A bit complex) or a more realistic approach, become an affiliate. Open a blog, a forum, a youtube channel, etc.

To make real money in any business, you need to either sell a real product or a real service.

You can't make money trading thin air. (Wolf of Wall Street quote).

The guys from Forex Factory, for example, make between 30K-50K per month as affiliates, and selling banner ad spots. They don't make a cent trading the market, and we are talking about the most popular forum in the business. None of their owners or admins, make a cent trading the market. Neither Merlin the magician or whatever.

They know their stuff and they know they can do a lot of money with Forex, but not trading it.

To make money with Forex, you need to be smart enough to never waste your money trading the market, and to stay away from trading.
According to Official Broker Stats, 99.6% of Traders LOSE Money in FOREX...
Quoting goose4
{quote} According to official brokers stats for a period longer than 12 months, 99.6% of people trading RETAIL FOREX lose money in this scheme. (Almost identical numbers as in Gambling). Nuff Said.
but is that a real statistics?
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