Weird story about a Brazilian trader sneaking a gun past security and shooting himself in the chest.
I think SJ has it right to say it’s only money, but below are 10 more lessons I think we all must remember:
1. Cut your losses quickly and you won’t have to try to kill yourself.
2. Don’t use leverage and you won’t have to try to kill yourself.
3. Live a well balanced life and you won’t have to try to kill yourself.
4. Any American trader would have tried to commit suicide on their own time, not endangering the lives of other traders on the floor, the lesson is Latin American traders take on more risk. (it’s a stretch, I know)
5. Stop trying to pick the friggin bottom and you won’t have to try to kill yourself.
6. Base your trades on technical analysis you won’t have to try to kill yourself.
7. Yes, this is a rude post, but compassion isn’t up there in order to be a successful trader (I do feel bad for this guy, but just like tough losses, there are lessons everywhere)
8. No amount of security will ever be able to stop anybody who is willing to take their own lives (yup, you heard me)
9. Trying to kill yourself is just dumb, there’s so much easy honest money to be made, not even just in trading but in many ways thanks to the joke that is the finance industry…you guys just need to read more and find your angles, try my library.
10. If you try the real markets and fail, just come down to the gutter that is the penny stock market, if you have any intelligence whatsoever, you have a clear edge over all the rats down here.
Tags: Breakdowns
