all 3 comments

[–]jet199 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

Maybe a weekend with the family and he's been slapped for being on his phone all the time.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Everyone wrote him off already, he has nobody.

He's been doing margin trading on Forex. That's Foreign Currency Exchange. I don't even fuck with forex. You need large amounts of money to make tiny changes in currency pay off. Hence margins, those are loans that let you put just a little money up front to play with lots of borrowed money. The market just fucking took a nose dive.

[–]jet199 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yes, but if all currencies went down equally there's no real damage.