Holy moly that's the most depressing thing I've read in a long time.......I don't drink, but after that I could use a shot of whiskey.....lol........
Yes, people lose it all & people get crazy rich......they key is to remember this is not a sprint......this is a marathon......learn to trade and the skills you learn will provide for you & your family for life.......
People need to learn to trade......learn to read the charts & technical analysis & the nightmare scenario you posted won't happen to you(whoever is reading this)......
We have a great educational board going teaching people how to read the charts & TA......link below my posts......all are welcome..........$$$