RE: so22 Feb 2022 21:21
It’s happened to me a couple of times. Tech bubble 2000, I had a T20 on an aim stock in two weeks of opening the position. I was 50k up. By the time it came to close the t20 I was 20k down. I was 28 and 18k in debt. I chased it and opened another t20 only to lose another 16k. So total debt 34k, all on credit cards and then two weeks later lost my job. I was in a mess and called the Samaritans, not because I was going to commit suicide but I just had no where to turn. You think that’s it game over life gone not future. Any the Samaritans takes to me got the help I needed and reassured me it was only money and there would be a way back. Anyway 20 years later, I have four kids, a beautiful wife and live in a lovely house. Yesterday on paper I lost about 30k with SNG but I still hold. But it was always a gamble and I have learnt from experience to manage risk. However, I didn’t de risk because I like most of us believe it was and still is a compelling product.
My point is at this moment in time some maybe going through a difficult time financially, hopes and dreams crushed with what SNG would bring. But don’t beat yourself up, there is always a future and I promise from the lowest of the low you can and will come back from this.