DarterBlue Posted June 18, 2020 Report Share Posted June 18, 2020 A very sad ending to an out of control rookie. Be warned, if you don't manage risk you can get literally carried out. https://www.marketwatch.com/story/finance-isnt-worth-losing-your-life-over-the-heartbreaking-story-of-a-rookie-trader-who-racked-up-700000-in-debt-2020-06-14?siteid=bigcharts&dist=bigcharts 1 Quote Link to comment Share on other sites More sharing options...
TheMaximumHornetSting Posted June 18, 2020 Report Share Posted June 18, 2020 2 hours ago, DarterBlue said: A very sad ending to an out of control rookie. Be warned, if you don't manage risk you can get literally carried out. https://www.marketwatch.com/story/finance-isnt-worth-losing-your-life-over-the-heartbreaking-story-of-a-rookie-trader-who-racked-up-700000-in-debt-2020-06-14?siteid=bigcharts&dist=bigcharts Holy Shit... Gotta be careful... Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted June 18, 2020 Author Report Share Posted June 18, 2020 The broker was criminal. How could you let a beginner use so much margin that he owed them over $700,000? He should have been hit with a margin call days before and his account should have been sold out and frozen preventing further losses. 1 Quote Link to comment Share on other sites More sharing options...
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