Let’s all hold a moment of silence for this day trader’s account. The problem with ignorance, arrogance and lack of planning leads to these trader events. I do feel sorry for these traders; however, at the same time, as you’ll see… I tried to warn them! This is a tale of caution for those of you who are disregarding some very primitivize strategy rules. I get it. People are always promoting and chasing the newest and latest theories and strategies. While I’m not saying there is zero value in doing such things, what I am saying is “boring rules that have been around forever” are like that for a reason. I don’t know how much of a beginner day trader you are, so I’m not asking you to trust me in regards to any of this. All I ask is you take what I say and bring it to someone you do trust and ask them, “is this worthwhile advice?”. Let’s get this day trader account funeral started…