Updated: Jul 29
There was a very tragic incident involving a young trader using the Robinhood investing platform, where he was shown a negative balance far in excess of his account value which led to him taking his own life. With all due respect to the emotions involved here, I wanted to go over some things we all need to do as traders to set up our situation to where these types of mistakes are less likely to occur. Apologies for any hurt feelings, but it's an important subject to talk about.
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