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+--- Thread: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos (/Thread-40yo-S-porean-lost-600K-trading-options-after-watching-Chicken-Genius-Videos)
40yo S'porean lost $600K trading options after watching Chicken Genius Videos - sgbuffett - 14-07-2022
https://financialhorse.com/40-year-old-lost-600000-options-trading-in-2022-heres-what-he-learned/
RE: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos - WhatDoYouThink? - 14-07-2022
watch too much of master loo, leong, kevin and etc, plus those anti china videos, very toxic.
RE: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos - Sentinel - 14-07-2022
Bullshit story
All paper trades
RE: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos - sgbuffett - 14-07-2022
(14-07-2022, 09:14 AM)FartSunKing Wrote: Idiot bought call options with no stops
Just like sgbuffett, bought stocks with no stops
Had I followed sgbuffett after I watched him average his losing SembMarine bets from $1.80 to $1.20 with no stops
I would have suffered 100% loss today, $1M in my CPF gone forever
Don't be a clown I explained to you many times.
Do you see Warren Buffett using "stops"? Of course not because it is an inferior way to manage risks...and used by traders.
RE: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos - Lukongsimi - 14-07-2022
Why need to watch all those conners to get rich ?
RE: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos - maxsanic - 14-07-2022
His story is quite a common one, except that perhaps due to his extremely frugal lifestyle he was able to amass $1 million by 40 years old. Too bad majority of it is gone simply because of one bad decision. Nevertheless the remaining $395k net worth is still commendable for someone at his age.
His reflections about not being able to retire early is good because otherwise it's a bad thing as retirees have nothing to do in life sound more like a self-defense coping mechanism than any genuine belief.
Unfortunately for him, although he tries to spin the whole saga as no big deal to his life plans, the reality is unless he's able to either 1) gain massive income increases through moving up the career ladder and/or 2) make >10% p.a. investment return by adopting yet another risky strategy and/or 3) ask that he and his family take up even steeper cuts in their lifestyle to squeeze out more money for investment, it is likely that he will only be able to retire normally at 62 years old.
RE: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos - drgn - 14-07-2022
at least he has $1000000 to start with
RE: 40yo S'porean lost $600K trading options after watching Chicken Genius Videos - [[ForeverAlone]] - 14-07-2022
there is on irriating ad keep appear on FB , Youtube , etc
is option trading show that local girl