I didn't really want to say much but I remembered when @littlenewthings and myself were approached by our mutual friend who shilled a broker to us that could turn our life savings around.
Well, @littlenewthings was smart enough not to put in too much, but I think she invested on behalf of @craftsofluv, while I put in 50% of my life savings into this broker.
This guy is actually pretty trustworthy, unfortunately his trading bot screwed up.
Together we lost 99.69% (including the broker) with everyone's money.
I barely had much left, but I think @littlenewthings took a huge hit because she was only left with $4 USD in that account...
That is why trading is gambling
Good thing is that this broker is still trying to tweak his program to be efficient, although there was a market crash last Friday again. This time the Stop Loss was functioning while the other time the SL wasn't because the virtual server was reset and everything was gone in an instant.
I am not sure how much @littlenewthings lost but I think she lost around 3 figures, while I lost 5 figures in USD.
She was hoping to make a come back for her mom's surgery. Good thing is that she didn't listen to our mutual friend to put in the surgery money into this broker program to roll back money faster. Smart girl she always has been.
Wisdom of God, she would say. And that is so true
Nevertheless, credit card debts are looming for her (honestly) but she still serve strongly for her God, always trusting that HE will ultimately provide the best of HIS choice.
And for me, well, my retirement days need to be postponed. Good thing is that we still have a day job to go to, while some are retired and lost their savings altogether (because they decided not to withdraw monthly until they recovered their capital)
Right now my most grateful thing other than my God, my day job, is that we have a responsible and stubborn broker who vowed to make back the 99% loss.
Another good thing is that HIVE has a savings account here with 20% APY. That's the icing on the cake!
I hope my loses will eventually re-grow in the next 2 years. That's what he's targeting.
