🔥🔥🔥 James Wynn and 100 million lessons on leverage
After three consecutive liquidations, James Wynn changed his avatar on Twitter — and now it, according to him, "perfectly reflects his current state".
But he is not going to give up — "shaking the dust off old wallets" and preparing for a comeback.
"I made $100,000,000… and lost it in a week, trading with leverage like an idiot. Never trade with leverage".
Classic: rose quickly — fell quickly. And yes,
margin trading is not a game, especially at market highs.
We will watch how he returns to the game. Perhaps the lesson was beneficial?