The Stock Market Ruined My Life
by Trader Rich
The video below takes place on Martin Luther King Day, one day before the market opens down Tuesday morning, January 22nd, 2008. The futures trader in the video went long 10 ER2 contracts (mini Russell 2000 index) the Friday before. Unfortunately, the market gapped down and took the poor guy for his life savings. The video is pretty disturbing to watch and contains a lot of profanity. If anything, it should teach us to expect the unexpected and also that the market is unforgiving.
The Traders Website