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.
AFFILIATE DISCLOSURE: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.
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Видео WARNING: Trader Loses $9 Million From $2400 Investment! канала Ryan Scribner
Webull (2 Free Stocks!): https://ryanoscribner.com/webull
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
___
FREE Resources From Ryan
Academy (3 Ebooks + 4 Courses)
▶︎ https://www.ryanoscribner.com/academy
___
PREMIUM Courses From Ryan
How I Make $20,000+ A Month From Affiliate Marketing
▶︎ https://www.stealmybusinessmodel.com
10+ Hour Stock Market Investing Course
▶︎ https://www.ryanoscribner.com/stock-market
___
Ready To Invest? 🤔💸
BETTERMENT: "Passive investing, they manage everything for you."
📈 https://ryanoscribner.com/betterment
FUNDRISE: "Passive real estate investing, 8 to 11% returns."
🏠 https://ryanoscribner.com/fundrise
M1 FINANCE: "Invest in partial shares of stocks like Amazon."
📌 https://ryanoscribner.com/m1-finance
COINBASE: "Get $10 in free Bitcoin (when you fund $100)."
⭐ https://ryanoscribner.com/coinbase
MY INVESTING BLOG: “Learn how to invest today.”
📊 https://investingsimple.blog/
Ryan’s Favorite Books 🤔📚
My Favorite Personal Finance Book
📘 https://amzn.to/2NiyDiz
My Favorite Investing Book
📗 https://amzn.to/2KEyd7D
My 2nd Favorite Investing Book
📗 https://amzn.to/2tZmxBU
My Favorite Personal Development Book
📕 https://amzn.to/2KJKgRn
Not a fan of reading? Join Audible and get two free audio books!
❌📚 https://ryanoscribner.com/audible
___
My Recording Equipment (What I Use On YouTube)
▶︎ https://ryanoscribner.com/gear
___
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.
AFFILIATE DISCLOSURE: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.
HOLDINGS DISCLOSURE: https://ryanoscribner.com/holdings
Видео WARNING: Trader Loses $9 Million From $2400 Investment! канала Ryan Scribner
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