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Video of a trader blow up Today, NSFW lol
- Thread starter jtnet
- Start date
Quote from HolyGrail:
Wow. Did you see he owned 2440 shares of apple at 171? He hasn't posted for a few days. I wonder if he is still alive.
I guess he appreciate a little more about the choice his dad made.Making 1,000,000 by 36. Starting with 72k and 170k loan at the age of 32
...
The reason why I made this goal was I see my family (mostly on my dadâs side) work hard all their lives so they can retire at 63+. When they retire their standard of living is the same as most of their lives. This to me sounds like a poor outcome. Now I am not putting down people or etc but I canât see myself work for 40+ years to retire to the same standard of living as I lived while I worked.
Quote from nkhoi:
I guess he appreciate a little more about the choice his dad made.
It appears this dude in NC he mortgaged his house to start daytrading? This is sad. I wonder where HPT got his money. Maybe that has something to do with these losses or, losing so much when you can't possibly have a clue.
Quote from chrisofj:
Another blogger blowing out, I think he has more money in the wings, I guess the dollar amount is personal to each person and where they are starting from, and if they ever worked at McDonalds lol.
http://www.dehtrader.com/index.php?/archives/697-MAX.html
$62,146.88 :eek: :eek: :eek: :eek:
It'd be hard for me to keep the gun from my head.
Quote from TheAngryHermit:
$62,146.88 :eek: :eek: :eek: :eek:
It'd be hard for me to keep the gun from my head.
it's all relative..... for someone who has say $1m in long term holdings, a 30% draw down, which happens quite a few times, amounts to $300k.
One has to psychologically prepared for this, otherwise he'd be scared out of his holdings at the worst time.
All these people selling out of the positions. I see a giant BEAR on the cover of my fav news page today. Sounds like capitulation for now.
Steve
Steve
Quote from HolyGrail:
Wow. Did you see he owned 2440 shares of apple at 171? He hasn't posted for a few days. I wonder if he is still alive.
I was watching this thing bottom today (aapl), the bots rule; the low was under $125.00, I wonder where he puked probably $135.00. Drawdown like that in two days is why I like to be in and out fast.
People get blown out everyday. They don't need a crash as an excuse.Quote from chrisofj:
Another blogger blowing out, I think he has more money in the wings, I guess the dollar amount is personal to each person and where they are starting from, and if they ever worked at McDonalds lol.
http://www.dehtrader.com/index.php?/archives/697-MAX.html
Getting blown out during a crash is no big deal, it is only a blip on the screen. Real traders get over it and make a come back. Wannabes disappear into oblivion.