Dave lost over $47,000 trading and nearly destroyed his marriage before learning that intelligence alone doesn't protect you from market losses. He shares what went wrong and what he learned.
I just jumped into it thinking I could figure it out. Needless to say, got my butt handed to me and cost me over $47,000. Nearly cost me my marriage. You know, the end of the marriage came later, but fortunately not at that time. But yeah, it's seriously, so many of us, you know, we look at trading and because we're smarter than average, we look at it, we understand it, and we think we can figure it out. You know, like an entry level job where it's like, sure, yeah, you know, I can go work at AutoZone. I know how to hand out parts and run a register. Sure. The word. Yeah, you can just walk in again. It's, you know, we almost treat it almost like it's an entry level job.