Sure but when it happened it was so sudden the kid didn't have a chance to bail before he was in a deep hole. Compounded by the fact he had such a large position.
doubt that, loos like sim. he maybe young but not stupid, lost money is ok but not by that much percentage wise.
What kind of leverage can you get to turn 1k into 400k in 13 days?? On a 1 percent move in the market he loses close to 90 percent of is account?? What does he trade??
Just like another youtiber selling courses and claims they turned 500 dollars in 5 million dollars.... Nothing but worthless content to make you believe if you follow and pay for their services that you to will become just as rich as they are. It's all make believe. Someone who can turn 500 to 5 million is not sitting on YouTube posting videos. With that kind of wisdom and track record you could open up a hedgefund a mint hundreds of millions being that skillful but nope, selling courses for hundreds of dollars a month to sucker's who actually believe that those trading courses work....
I'd be willing to bet $ it's real. O DTE options on SPY/QQQ/IWM. Buying Calls on SPY today at $20K per trade. ********************************************************** Remember this trader? https://x.com/MrZackMorris I talked about him over a year ago. https://www.elitetrader.com/et/threads/depression.366364/page-21#post-5731604 The SEC sued him along with other traders accusing them of a pump and dump scheme. The charges were all dropped a few months ago. It was proven in court he made more than $82M from trading. He also trades short term options on SPY.
You believe it, the cars and stacks of money with the mint green Lamborghini?? There is absolutely zero proof in that entire forum of posts. Anyone can mock up an imagine and photoshop these days.