Anyone want to tell their horror story about day trading recently?
- Thread starter dcwriter2
- Start date
Wonder why he didn't simply call his broker on the phone, you know, make a phone call, which is what a phone is designed for.
Always gotta' have a landline phone, man.
Tru dat, but some millennials don't know what a landline is...
One more reason use OTO conditional orders so your stop/trailing stop is automatically set at the broker.
Back in 2001 I was so excited I spilled coffee on my keyboard right after getting a fill. Got bitchslapped when it reversed and I couldn't exit, coffee was NOT worth $380 a cup lol.
Or in 2000 after getting filled i had to take a leak. Said to myself surely it won't move much in 3 minutes. $220 down when I got back. Grrr
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cotdamn, you win at losing. I hope to never have to experience a potential 3.2 million miss
I don't see any number for Robinhood. So there's no-one to call I presume.
People trading using only their mobile connection are just asking for it. New generation being naive. Always have some sort of a backup.
Did not know that. That is sad.
Sad if he took his life due to the expected draw-down.
The topic of draw-downs is timely now. Some new and old traders are killing it and some new and old traders are getting killed. There are likely many more trading in the middle.
Different dollar amounts affect people differently. Keeping your health through draw-downs can be difficult if you don't have the experience or support.
I think a book that addresses new traders getting in over their heads would be beneficial. So many risks that new traders run into with little knowledge.
The topic of draw-downs is timely now. Some new and old traders are killing it and some new and old traders are getting killed. There are likely many more trading in the middle.
Different dollar amounts affect people differently. Keeping your health through draw-downs can be difficult if you don't have the experience or support.
I think a book that addresses new traders getting in over their heads would be beneficial. So many risks that new traders run into with little knowledge.
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Writers just need good stories, true or imaginary is not important. Readers just want to read spectacular things. And the main object for writers is to sell lots of books.