OhV

School case of "short account blowout" with the broker pulling the plug when the account went negative from 34K. Several conditions contributing to this catastrophe: lack of experience to recognize the risk of shorting a low float, a 4,000% increase of an obscure bio-dharma with bogus news and short trap set, reversed greed (cannot accept a loss of 7.5K, or 15K, or 20K - all better than 50K) and not applying Tim's rules, starting with the first one of cutting losses fast. Hard way to learn it.

10

Newsletters:TimChallenge
Broker:Schwab
DatePrice
Entry3/1/20193.0867
Exit3/7/201920.0245
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