Congratulations! People said it couldn't be done. But Martin Grunin has proved them wrong. The $10,000 to $0 in four days challenge has been successfully completed.
I have to state it... what is sad is that even if the guy pulls his head out of his ass... this thread will live on... in infamy. Can you imagine googling his name if you were on the buy-side? I can't, but those are his aspirations.
LOL. I hate laughing at someone else's financial pain, but this was the most fun I've had on this site in a very long time.
Imagine that, he finally gets his shot at his dream job working for an IB being a trader. They do some googling and turn up this thread. DENIED!
"But you don't understand, the 10k I lost didn't even PHASE me. I could lose 10k in 2 days 10 times in a row before I started to even flinch!"
I can honestly state that I have never seen anything like this. Totals his BMW and then his Audi. A month after buying it. Shows us all to prove his trading prowess as if it shows anything but gross financial negligence. I use the term negligence as the guy is a danger to himself. wtf is his family during all this?
I don't know. I know he mentioned wanting to become a billionaire one day. That may not be hard if he is slated to inherit 999m from his folks. That being said, at this rate he might find a way to blow through 999m over the course of his lifetime.
Ed Sekota famously said, "everybody gets what they want out of the market". The OP clearly wanted publicity, and publicity is what he got. Day 1: 62% loss, from 10K to 3.8K Day 2: 15% loss, from 3.8K to 3.2K Day 3: 35% loss, from 3.2K to 2.1K Day 4: 100% loss, from 2.1K to 0 To the OP, I'll say, "take this loss as your tuition in the University of Humbleness and Risk Aversion".
you know he didnt buy that, this guy is bankrolled by his pops i bet. his friends all over twitter are saying how he's lucky his parents are so rich. And martin, major mistakes you made.. 1. averaging down 2. not honoring stop loss 3. poor posistion sizing (all ins? wtf) 4. going long after a fed announcement that was neutral/bearish, market tanked and you didnt take your small loss, you added. look up an economic calendar guy.. the market dosent only go up. 5. having no idea whats going on with the stock you were trading, ex; div date 6. trying to play catch up after days of market going down you decide to get short, but the move was already done and you got hit to the upside 7.your charts are bullshit, and all hindsight