Two Biggest Trading Losses
Summary
Oliver Velez shares stories of his two biggest trading losses, including a $1.6 million drop after the 9/11 attacks. He explains how recovering from that crisis led him to develop the short-term trading style he teaches today. He also recounts a $120,000 loss caused by a satellite feed failure that hid his massive position in KLAC stock.
Topics discussed
Remy Martin VSOP advertisement
Introduction to Oliver Velez and trading losses
The $1.6 million loss during 9/11 market closure
Recovering the loss through short-term trading strategies
How the loss shaped his current teaching style
The KLAC satellite feed failure and $120k loss
Underdog advertisement on handling pressure
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