I should have trusted my gut

[BlakeIC]

In these last 2 days I have made the amount of money many people dream of to make in such a time

I made $2k, yesterday than another $15k today

I withdrew the money and told myself I was done for the time being but of course, i convinced myself and

re-deposited it 10 minutes later only only to have lost $14k in 10 minutes, i made $3k back quickly then lost it

again in a minute time

Man i am so bummed, i was so happy, at the rate i was making i would have been able to rent

out an apartment and not live in a cramped room where my head and feet touch the walls while i go to CC

My gut told me not to do it, and I didn't listen


edit: I now only have $3k which I plan to start a business of who knows what need

 

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[eekern]

Dude, what are your business model, stocks?

 

[theag]

Seems like you have a gambling problem.

 

[BlakeIC]

Seems like you have a gambling problem.

this eekern if you are serious

Dude, what are your business model, stocks?

 

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[theag]

this eekern if you are serious

Seems like you also have a writing problem.

 

[BlakeIC]

Seems like you also have a writing problem.

I have very many problems

 

[eekern]

gambling ? I feel for you, but you need to switch lanes. You know gambling will keep you in the slowlane, overtime you always loose what you earned. Build a asset, create a business. Start with asking local businesses what they need help with - and outsource the work on upwork.com !

 

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[Vigilante]

Calling @GrumpyCat

 

[tafy]

Sounds like Forex

 

[MKHB]

Sounds like Forex

The only thing worse than not getting it - is getting it and losing it.

Capital preservation is just as important to the budding entrepreneur as it is the successful entrepreneur; yet it's usually only the
successful ones who pay attention to it.

 

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[biophase]

Man i am so bummed, i was so happy, at the rate i was making i would have been able to rent out an apartment and not live in a cramped room where my head and feet touch the walls while i go to CC

This is your problem. You actually thought you could sustain this "rate" which means you thought that what you were doing was a viable method of making money. You had a one time windfall of money through "luck" but you thought you found a means to make money. This is why your brain keeps telling you you can make more.

 

[DeletedUser394]

Calling @GrumpyCat

Honored to be summoned by the great @Vigilante even though this is about me being an addict. lol.

Anyway.. What are you gambling where you lose 14k in ten minutes? If this is poker are you playing like 5k nl? That's ridiculous. If you're playing online table games, that's even more ridiculous.

You're in the USA, so I'm assuming you were playing on Bovada? They are extremely quick to ban you if you ask. Hell, any site will do it if you ask for a permanent self-exclusion.

Ban yourself from every USA facing site. Make it impossible to play.

This is one of few situations in life where you need to act without thinking. Don't give yourself time to convince yourself that you can somehow make it work. You can't.

I would lose a decent amount of money, swear to myself that I'd never do it again.. but lo and behold the next day I convince myself that 'I can do it this time.'

Request an immediate and permanent self-exclusion from every website that you have access to. Don't think about it, just do it.

It isn't worth it. Just be thankful you didn't end up in debt over this.

Ps: I honestly don't believe those numbers unless you were playing some kind of online blackjack or something of that nature. Even then most sites are capped at $500/hand.. were you really risking that much?

If this is forex or short term trading... or god help us all - binary options, then you also need to quit immediately.

None of these things are value added activities that will move you closer to your goals.

 

[BlakeIC]

Honored to be summoned by the great @Vigilante even though this is about me being an addict. lol.

Anyway.. What are you gambling where you lose 14k in ten minutes? If this is poker are you playing like 5k nl? That's ridiculous. If you're playing online table games, that's even more ridiculous.

You're in the USA, so I'm assuming you were playing on Bovada? They are extremely quick to ban you if you ask. Hell, any site will do it if you ask for a permanent self-exclusion.

Ban yourself from every USA facing site. Make it impossible to play.

This is one of few situations in life where you need to act without thinking. Don't give yourself time to convince yourself that you can somehow make it work. You can't.

I would lose a decent amount of money, swear to myself that I'd never do it again.. but lo and behold the next day I convince myself that 'I can do it this time.'

Request an immediate and permanent self-exclusion from every website that you have access to. Don't think about it, just do it.

It isn't worth it. Just be thankful you didn't end up in debt over this.

Ps: I honestly don't believe those numbers unless you were playing some kind of online blackjack or something of that nature. Even then most sites are capped at $500/hand.. were you really risking that much?

If this is forex or short term trading... or god help us all - binary options, then you also need to quit immediately.

None of these things are value added activities that will move you closer to your goals.

I can say it is in the grey area

edit: I have withdrawn everything to my bank account so theres a start

 

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[DeletedUser394]

I can say it is in the grey area if you know what i mean

edit: I have withdrawn everything to my bank account so theres a start

No, I don't know what you mean.

If this is pure gambling (sports, poker, casino, etc) then just send them an email asking for a permanent self exclusion and they will oblige. You don't have to speak to anyone, and it will completely eliminate your ability to follow through and lose more money if the urge ever comes back.

You are also a minor (based on your intro post in Jan. 2014), unless you just recently turned 18, so you are breaking multiple laws if this 'grey area' is a gambling website.

You are also breaking the law by transferring money to and from a financial institution to an unregulated offshore enterprise. This is illegal in the USA (I'm not american).

There is no situation where this ends well.

But cryptic posts about what it is that is actually going on isn't going to help you.

Good luck.

 

[BlakeIC]

No, I don't know what you mean.

If this is pure gambling (sports, poker, casino, etc) then just send them an email asking for a permanent self exclusion and they will oblige. You don't have to speak to anyone, and it will completely eliminate your ability to follow through and lose more money if the urge ever comes back.

You are also a minor (based on your intro post in Jan. 2014), unless you just recently turned 18, so you are breaking multiple laws if this 'grey area' is a gambling website.

You are also breaking the law by transferring money to and from a financial institution to an unregulated offshore enterprise. This is illegal in the USA (I'm not american).

There is no situation where this ends well.

But cryptic posts about what it is that is actually going on isn't going to help you.

Good luck.

i appreciate your advice, thank you grumpycat

 

[Mattie]

Any time you can lose that much money in ten minutes isn't the place to be. I suppose they've already said what you needed to hear. That would be my impression you're gambling and thinking it's the way to fast lane.

 

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[BlakeIC]

Any time you can lose that much money in ten minutes isn't the place to be. I suppose they've already said what you needed to hear. That would be my impression you're gambling and thinking it's the way to fast lane.

i was aware this wouldnt last forever and wasnt fastlane, i just felt i could keep it going for at least another week but that did not turn out well

 

[DeletedUser394]

If you don't want to share it openly, PM what it was you were doing. Because it doesn't make sense.

Did you have previous experience in whatever it is that you were doing? I don't understand how you go up +18k in two days out of the blue, wanted to do it for one week and then cash out.. I really don't understand what's going on here lol.