How do you know there wasnt a stop loss. He could have kept going. He has the bankroll for it. Its just that you are bowled over by the 8800 figure. But its all relative.

There are people who go to the craps tables with 120 dollars, and would be shocked that I stayed and lost 1000.

I lost 1200 at a poker table once....and do you think I was reckless and pissed it away..nope the math said I was good on the hands....and I just lost. It happens. And some naive persn might ask me...why did u stay till you lost 1200.....and my answer is..."that was not my intention"

And KJ is not a masochist ...it wasnt his intention to lose 8800....and if he wanted he could have lost more.

its all so relative,,just admit it...you bet wth a fund much smaller than KJ and cant fathom wnning or losing 8800 in a day.