It wasn't a loss if he never closed the trade at a loss. Unrealized is a powerful term. How rich I would be if I did not turn my unrealized losses into realized losses.
Oh yeah? When Trump gets re-elected this year? Watch what the fuck happens. Buy a VX future at 20 going out 2 years? You're gonna' make a killing. Where's poopy on this shit? He knows.
Supposedly the 25mm loss was confirmed by the Swedish IRS. Maybe Kris is trying to write off 3k per year for the next 8333 years.
"My risk on most trades is usually 0.25-1%. I rarely risk more than 1% of my account on any trade." Welp how does that get you to a $25 million loss - without a monster losing streak?
Most people who blow up do so doubling down on losing positions. Doubling down of course works great on mean-reverting markets, improves your % of winning trades, makes it easy to argue that you were just a bit early because you're smarter than everyone else ... It's the desire to be right, to prove something to whoever, etc.
Hello Picaso, I have a friend who just blew his account up in the NQ market trading like this. He is pretty upset with himself.
Curious why you would quote my post with a reply that has nothing to do with it? Which of course, on a sidenote, dimwit SML clicked like on it.