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WARNING: Trader Loses $9 Million From $2400 Investment!

Here's one of the most wild stories I have heard in a long time. A trader ended up purchasing oil futures on the day that prices went negative for the first time. On a roughly $2,400 position in oil futures, he ended up with a margin call of $9,000,000 to Interactive Brokers! Here's the story.

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SOURCES!
Business Insider Article: https://markets.businessinsider.com/commodities/news/oil-trader-loses-millions-on-brokerage-glitch-2020-5-1029186688
Yahoo Finance Article: https://finance.yahoo.com/news/oil-trader-owes-9-million-210000529.html

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DISCLAIMER: Ryan Scribner, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Ryan Scribner’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

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Видео WARNING: Trader Loses $9 Million From $2400 Investment! канала Ryan Scribner
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1 июня 2020 г. 23:16:37
00:12:34
Яндекс.Метрика