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More unreal than losing the $30 million is that paid group he ran.
His entire team going down all at once also means his paying members were all knocked back to poverty overnight.
The “newbie halo” in the trading world has never been a blessing—it’s a curse.
It makes you look down on the market, disregard risk, and think highly of yourself.
And it will also trap you in the past “glory” and “achievements,” unable to move on.
The trading world has never lacked these “pitiful people.”
Worse than never having it is having had it before…