Hey all, I’ve posted maybe once in a trading subreddit about my current predicament but this has gotten out of hand.
I am currently a 19 yr old Sophomore in Community College, with no debt or payments, and I’m living with my parents. I am also working a part-time job.
For context: I have lost roughly $20,000 day trading, sports betting, options, etc… I earned this money through long weeks during my Jr-Sr year of High School working during the summer, coupled with a small business that I ran during the time. I initially lost roughly 80%, with initial beginner luck in day trading, but then leading to that substantial drop. I got super lucky one day and struck big, doubling my initial contributions, then losing it all in the span of 2 weeks. I decided to put $1000 into sports betting for a weekend for fun, and turned that into 40k in the same weekend. Similarly, I lost it all to a combination of sports betting and stocks.
Recently, I had just won $17,000 from a mere $1000, but again.. as we can see history repeat itself.
I notice that each time I win, I lose a part of myself… like I’m not the same. I tell myself to pocket the winning and move on… but I simply want more and it never really ends. I’m also 99.9% sure I have a Gambling addiction, and l’a like to stop now before things get worse than they already are.
Most individuals say “dude just stop, it’s that simple” YOU DONT THINK IM TRYING?? and I’m sick and tired of hearing it because it hasn’t been that easy to do for me. This has literally broken me both mentally and physically, and I feel like I’m stuck in a Ditch. Sometimes I can’t even look at myself because I feel like such a failure. I plan on completely deleting robin hood, potentially Reddit, and any other related sports betting app I have. What are some things you recommend I do on here on out for those who have advice or prior experience with these sorts of things ?