> never be naked when you are short as your losses can be unbounded. I wish it was a requirement for people to have this tattooed to their body if they start t

> never be naked when you are short as your losses can be unbounded. I wish it was a requirement for people to have this tattooed to their body if they start trading naked options. It is so sad to watch a friend, who is otherwise brilliant, get caught up in the idea that they can make unlimited money because they know that this commodity is going to "drop like a rock." And then watch them lose their savings when things were different than they expected them to be. You get to hear about conspiracies of people who "tricked" them, rating agencies that "lied" about what was going on, etc etc. So very sad.