This bloke isn’t the first and he won’t be the last
I urge every so called “trader” to read this story as an example of what happens if you don’t plan and manage your trades properly. I actually got quite angry reading the story because I’ve heard it a thousand times and know I’ll hear it a thousand more.
I’m sure that many people need to read this and then think about what the words “trader” and “trading” really mean.
This is an abject lesson in not taking or locking in a profit, not protecting against a loss and then trying to hedge out a loss while pretending to be smart and calling it hedging. ?