Is it true? Another daytrader committed suicide and killed himself? Rumor has it that Richard Gerard from Palalk and www.elricardostradingroom.com killed himself after losing all his money daytrading? His website is gone, his paltalk room is gone, and he is gone. It must be true. For traders who remember "elricardo"(which was his online nickname), he was a 58 year old plumber turned daytrader. He lived alone with his 80 year old something mother because he could not afford to live on his own after losing his money trading. He had no choice other than to move back into his same bedroom he grew up in.