agip wrote:
Racket wrote:
Wait what happened? Did he get wiped out or something?
he lost everything in his trading account. In one week, apparently. He's not bankrupt, but it sounds like a good part of his net worth is gone. Some sort of options swing trade strategy went belly up.
read his three-part post - it might do you some good eh
Just read it on Twitter and I'm also surprised because like you said his whole thing is about how the market is unpredictable. He said it was his gambling account though which isn't bad. I learned that back in November : don't put up more money than you can afford to lose. All of this buying has been pretty low volume by perms-buyers and TINAers like Vangueard and BlackRock. I'm not worried, just avergaing down on puts. Small caps not participating in the fun today, USD is up, and the 10yr is up. Really weird day