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Clickbait! It's is fake money that is fake lost. From the article: A mistake by a single stock trader caused a €300 billion ($315 billion) flash crash in the
by isaacfrond 5y ago
Clickbait!
It's is fake money that is fake lost. From the article:
A mistake by a single stock trader caused a €300 billion ($315 billion) flash crash in the European markets on Monday. The US-based Citi group acknowledged on Monday night that one of its traders had triggered a sudden, sharp fall in European shares in a matter of minutes, with an equally rapid recovery afterwards.
- deleted 5y ago[deleted]
- eloff 5y agoIf you sold shares during that window, you lost real money. There are also possible margin calls and effects on leveraged instruments. Certainly many did lose real money here.
- muzika 5y ago100%
- djbebs 5y agoYou didn't lose anything any more than you would lose something if you were to sell today and it spiked up tomorrow .
- sieabahlpark 5y ago
- eloff 5y agoThere's a big difference between selling at a low and locking in that loss, than selling and watching the market move up afterwards. Especially if the low was artificial and extremely temporary.
- djbebs 5y agoNo one forced you to sell, you were offered a price and freely chose to take it.
- deleted 5y ago[deleted]