Anyone want to tell their horror story about day trading recently?

For the average ET trader that is indeed a horror story. Losing so much money.

 

I don't believe the 700k - suicide guy had a "draw down". The story I read stated this young guy didn't have that much money. He should never have been in a position to lose 700k. It was implied that Robinhood gave him much more leverage/BP than he should have been given.

 

Thanks everyone. Pretty much goit what I need.

 

You are right. It wasn't a trader drawdown. Likely an unprepared new guy with stars in his eyes. Hard to blame the broker though for a bet gone wrong.

 

One of my first ever trades i lost 10k$ while taking a shit.

 

I just made some popcorn... let's hear it!

 

Here seems to be a recent movie about this story.

Billionaire Boys Club (2018)

https://www.imdb.com/title/tt5179598/