Tuesday, 14 April 2020

Possible To Lose 90% of Wealth Through Higher Leverages ???


Read? Margin Calls? No Scare! My Leverage Is Low And Far From Margin Call. Steady OK?

 Long time reader, Ray Ng shared this blog post with Uncle8888 to share it here!

 Hmm .. sound like Jesse Livermore!

I am so ashamed to admit that I lost about 90% of my wealth in the last few weeks when all my investment bankers forced sell a large portion of my wife and my holdings.

Read? My reply to Tradeview’s open letter - Koon Yew Yin


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1 comment:

  1. Createwealth888814 April 2020 at 16:31:00 GMT+8

    Margin calls followed by forced selling will turn paper losses into realized losses with no chance of recovery of losses even when market suddenly reversed and turned around in the following weeks or months.

    Burnt!

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