Round Tripped
v. To take a trading/brokerage account from nothing to a high amount of money before subsequently losing all of said money again.
Alex: Bro, Iran almost bombed Israel and giant institutional firms just unwound their carry trades on the Japanese yen. My account just went from $2K to $20K!!!
Fletch: Nice man! You going to cash it out??
Alex: Nah, the market's about to crash. I'm goin' for a mil.
(Market recovers, all short positions get fucked, Iran doesn't do jack shit, and account get's blown)
**Next Week**
Fletch: Sup dude? How you floatin'?
Alex: I'm not. Account just Round Tripped. Back to zero.
Fletch: Nice man! You going to cash it out??
Alex: Nah, the market's about to crash. I'm goin' for a mil.
(Market recovers, all short positions get fucked, Iran doesn't do jack shit, and account get's blown)
**Next Week**
Fletch: Sup dude? How you floatin'?
Alex: I'm not. Account just Round Tripped. Back to zero.
Round Tripped by realshit225 August 16, 2024
Get the Round Tripped mug.