News summaryReddit / WSBJul 15, 2026, 08:44 PM
Young trader loses everything on space stocks RKLB and ASTS
A 19-year-old trader lost $15k swing trading RKLB and ASTS after they dumped post-IPO. He bought calls on margin, faced repeated margin calls, and eventually lost everything.
Why it matters: Despite prior success managing his mother's savings, he fell for volatility and quick gains.