TL;DR

A Reddit user lost $100,000 on a risky SPY bet, highlighting the importance of stop-loss orders, even in a bull market.

Story

“100k SPY loss”: A Cautionary Tale of Risky Bets and Stop Losses

Advice

Remember, no amount of stop-losses or clever tactics will turn bad bets into consistent winners. Be cautious and don’t invest money you cannot afford to lose.

Source

https://www.reddit.com/r/wallstreetbets/comments/1i1zfcy/100k_spy_loss/