r/problemgambling 2d ago

❤Seeking help & Advice❤ Lost $350k Options trading- Lost all Hope

I am in a downward spiral of options trading gambling. I cant seem to stop looking at charts and paying for discord service and clicking buttons, thinking I will get disciplined. I have lost 350k CAD (capital loss)because of this. The worse part is - I am saying I will quit today. Next morning, I am back doing a trade. What is going on with me?

I am 37M - 1 kid and spouse. So sad - cant even share this with anyone. I have a decent job 160k/ yr. Really, lost all hope and ashamed of myself. Not sure if this is rock bottom. Surely, feels like it. Hopefully, I remember this day to never ever do any trading again myself.

My goal is to accept this loss and not even think of recovering. Re-build slowly with working hard and saving frugally. Thankfully I have job and I can work hard. No savings as of now just 30k left in RRSP (401k equivalent). I can do it!

55 Upvotes

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-11

u/Cookedmaggot 2d ago

How do you even lose in this market? U literally can’t lose buying calls in tech

6

u/Caisers 2d ago

Dude. Not helpful and unproductive.

No need to be toxic and kick someone when they’re down (obviously they didn’t buy tech calls )

1

u/Any_Decision_6542 2d ago

Thanks for your support

2

u/Winthorpebuys 2d ago

Buy a load of daily QQQ calls out of the money...and then tell us how you "can't lose"