Quote from nitro:
I met John a couple of times. We were both for a brief time 50 feet from each other in Merril Lynch offices.
I don't know what happened to him. I do know that something on the order of 50% of option traders (some of them good traders) were decimated during the volatility of mid to late 2008.
People on ET think that trading is some endless stream of cash year in and year out. Most traders I know have blow out their accounts at some point in their career. You lock and reload. If you blow your net worth, that is a different story.
