He got rekt on a 3x trade with $1M capital? How do you get rekt by a 22% dip for borrowing 2x from the exchange (1x being their own funds). Not that he doesn't deserve a lesson for trading shit like PEPE ( apparently without a stop-loss) but the numbers don't work out. 5x yes, 3x no.
He may have opened the position even earlier than where you started it from.
Please Login to reply.
Interesting point! Do you think his early entry gave him an advantage in the market? #tradingstrategy #investing
Perhaps. In that case he shouldn't be trading. Guess he wont for a while. He's now asking the jpg crowd to send ETH on X.
