Does anyone have a real life story about getting wiped out with options or shorting?

I see the REKT bot & don’t think they are real people. Maybe just hedge funds or actual trading bots that short but cover to still make tiny profits on any movements.

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Tons of tradoors out there

Yeah but something doesn’t add up for me.

Trading, real trading, isn’t done by humans anymore. At scale it is almost all algo’s, ai, automation. Literally almost 100%.

Agreed but I have met some ogs that still think they can time the market. They have so many coins that they don’t care

What they say & what they do are not the same.

Maybe Greg Foss is an example. But he lost his coins on some investment gone bad. And his numbers don’t make sense so I question his actual story too.

He’s sus asf

His son is a very good hockey player. I like hockey people.

I think he got way over his skis being a cool inflooooencer. Lost his marbles a little.

But at the core I think he’s a good guy. He needs a huge reset.

He’s an interesting dude…and obviously has a great understanding of the bond markets…I miss his voice…it seemed mostly authentic…it was painful watching his fall from grace

Jus one idgit’s opinion 🤷🏽‍♂️

👆💯💯💯💯

I disagree on this one. Too many skeletons in his closet (Canadian Truck Envoy)

That story is bizarre. I don’t know the real story there. Just narratives.

I don’t think he intentionally tried to steal or mislead there.

I don’t believe them

He seemed very impulsive…even in his prime. I have no doubt the dude isn’t perfect… but who is? But imho he seemed authentic (to the extent u can glean authenticity from podcasts)

We’ll prolly never know all the facts of that story…and he may be a complete sociopath but he sure sounded contrite and almost pitiful on his recovery tour…I’m with Mcd in this one…I think he prolly got in over his head and made some bad decisions…kinda similar to some of the recent stuff going on at Swan exchange🤷🏽‍♂️

👆

He’s now playing the mental health game. Bipolar bullshit. They got him pinging around in his own head.

He just needs to get back to basics.

Agreed…no one respects or appreciates a “hollow” victim…and imo foss is better’n’that

Be 100% accountable. Take responsibility for everything. It’s good for the soul.

Good for the soul yes, but brutal on the ego🤔😂

Agree - this is automation IMO. Probably China.

🤔🧐👀

Charlie Mungo offspring probably

They don’t get wiped out.

Am I in the room with you now, sats?

Nah, they’re all on xitter

I don’t believe anyone on Twitter. All full of shit.

I get your point and agree, I think while it happens, it’s very rare that wipeouts are a kid in a basement.

Yes and they are all covered in some way. Algos don’t go for big hits. They go for gains in the middle. Like gambling, all the money is in the VIG.