I confess, I blew out

Discussion in 'Trading' started by lundy, Nov 19, 2002.

  1. BCE


    Thanks for the link to the playboy story Htrader. Started to read it but need to get to bed. It's 1 AM and I live on the West Coast. Always enjoy reading about other traders.
    Have a good day trading Wednesday everyone.:)
    #21     Nov 20, 2002
  2. i agree with rs7. hopefully, lundy will tell us his story.
    #22     Nov 20, 2002
  3. Lundy,

    Life is about realizing today that you are somehow a little better of a person than you were yesterday. We all have problems and quirks, but it is life that allows us so many days to be a little better tomorrow than we are today.

    Don't take the comments by a lot of people here to heart -- many of them are vengeful and unforgiving. Any human can hate -- but only a truly unique individual can forgive another man.

    Has anyone lived so perfect a life that they have never wanted the forgiveness of another? I think not -- and those of you who lash out at Lundy need to learn that it takes a lot of character to publicly admit your own failures.

    "To that which I am, in blind truth and hushed lies, I find solitude and compassion in those things that are rooted in love and forgiveness. For if I have erred and hurt you, let my shortcomings as a person be known so that I can be more of a man tomorrow than I leave be as a man today."
    #23     Nov 20, 2002
  4. lundy


    I want to thank you all for your comments on this thread.

    To those who critisized me, you are correct. I definitely deserve it. To those with kind words, I lower my head in shame but thankful for your compassion.

    My story is coming, perhaps tomorrow. It's late, 12 midnight, just got off work.

    My story is more about my personal journey rather than specifics about losing money in the stockmarket.

    I'm going public about this only because I feel it will help me come to grips more with what I have done, and perhaps speed up or help me change. Not because I want to prove anything, teach anything, etc.

    I also want to apologize for deceiving the participants here by not saying I blew up earlier, and talking hocus pocus shit.

    Will I ever trade again? Maybe, maybe not. If I choose not too, it will be for other reasons besides no money, no confidence etc. It will be because I am too shamed by my actions.

    I have felt the importance of everything in life fade away. All except my character, what I have done, and how I have hurt others. Things which I have never considered important before.
    #24     Nov 20, 2002
  5. Humility is an underappreciated quality amongst traders.I guess thats why people don't understand why I am more willing to talk about my failures than my achievments.I've blown out 4 different accounts but still trade for a living (meager living)and never give up. "Nothing in the world can take the place of persistence.Talent will not;nothing is more common than unsuccessful men with talent.Genius will not;unrewarded genius is almost a proverb.Education will not; the world is full of educated derelicts.Persistence and determination alone are omnipotent." Calvin Coolidge
    #25     Nov 20, 2002
  6. Wow, what a story. I just finished reading the "Market Has Bottomed, The Trend is UP" thread that I dug up.

    This is better than ficition! It really brings to life the "if you don't know who you are, the market is an expensive place to find out" cliche my brothers have drummed into me.

    Thanks for sharing that lundy. I think you should take solace from the fact that you are not the first person in life to dig himself into a hole. History shows us countless examples of others who have done so and managed to work themselves out of it and into bigger and better things, and became better people doing it. Stiff upper lip, as the Brits say (I think).
    #26     Nov 20, 2002
  7. Ditch


    Persistence is a talent too. One of two talents that reaaly matter for a trader. The other one is the abililty to control your emotions.
    To Lundy: I wish you good luck and hope that you'l find in life what you're looking for.
    #27     Nov 20, 2002
  8. It retrospect my original response to Lundy was a bit harsh. I was projecting a personal experience w/ a profligate gambler and a thief onto Lundy's original post. Based on Lundy's short, post, I simply don't have a basis to do that.

    Good luck to you Lundy. If I were in your shoes right now I would begin building a plan to repay my 'friends' whether I owed them a real 'debt' or not. You will earn 10x more respect doing that than any you enjoyed for presumed market prowess.
    #28     Nov 20, 2002
  9. That was a lot for ol' Calvin to say!

    When placed with a bet at a dinner, a lady bet President Coolidge that she could get him to say at least three words. Calvin then replied to the lady, "You lose."
    #29     Nov 20, 2002
  10. Haha, Coolidge was even cooler than I thought apparently. Thanks for the story aphie. BTW, that quote about persistence is my absolute favorite and I live by it.
    #30     Nov 20, 2002