Meet Lee Seung-ho, a 24-year-old South Korean university student in Seoul, who lost all of his $202,515 earned via 500% margin loan. He plans to borrow again and return to the market the moment he has enough capital.
Within weeks, his account had fallen below his initial investment, leaving him under such strain that he said:"I literally could not breathe."Did he learn his lesson? Nope.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments