Greed Isn’t Virtual

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I have sung the praises of Slope’s virtual trading before, and it isn’t because of stuff that feels good. Over the span of just a few days, I’ve lost about 60% of my account’s value, all because of just a tiny number of gargantuan, very aggressive trades. The good news is that the $300 million in losses are all pretend! But it just goes to show that when a person is just setting the world on fire, their ego can get the best of them, and they can shoot their own virtual foot off just like in real life.

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