Who has lost the most money ever on the stock market?

5 July 2022

In the world of markets and trading just as profits take place on a daily basis, losses are also recorded on a daily basis. It may be a common phenomenon, but people only want to talk about the moments they earn, because those are the moments they most need to remember. After all, everyone wants to sound smart and profitable, right? 

Few insist that tough times are the ones that make us wiser! Mistakes can be made daily, history can repeat itself, and few are those that can prevent events and stand out from the difficulties of the markets. Those who win will have the best memories to accompany them with their trading careers.

What could possibly be your worst feelings during online trading? 

To lose everything without being able to get back everything you lost! Are you one of the many who lost a huge amount of their savings during the Great Recession? How did you feel back then? The Great Recession describes the economic downturn between 2007 and 2009 following the bursting of the real estate bubble in the US and the global financial crisis. The Great Recession was the worst economic downturn in the United States since the Great Crash in the 1930s. The Wall Street crash, also known as the Great Crash, was a major American stock market crash that happened in the fall of 1929. 

1987 Black Monday Crash - This was one of the times many traders would like to forget. The stock markets have dropped by about 20% to 30%, which has dramatically overthrown the plans of many aspiring investors. What is the biggest mistake made by many at this time of uncertainty and misinformation? They borrowed to buy more stocks during a period of confusion and as traders, you should know that decisions taken on the basis of "noise trading" can be disastrous.

"Noise trading" typically occurs when ill-informed investors, trade on noise as if it were news or valuable information, and then it was a period where investors from all over the world have inferred information in a self-strengthening contagion of fear. Moreover, the largest decrease in world markets was recorded in Hong Kong, down 45.8%!

Who's lost the most to the stock market?

DotCom’s bust and mortgage crisis have also caused huge losses for some investors, unlike others who were able to win a lot. Japanese investor Masayoshi Son, founder of Softbank, is one case that could be discussed at this stage. During the dot-com bubble(1999), Softbank held a market capitalization of $200 billion, making Son's shares worth approximately $78 billion. However, in less than two years, it lost 95% of its value, resulting in Masayoshi losing more than $70 billion in personal assets, one of the largest personal financial losses ever reported.

But what’s the most interesting fact in the story of Masayoshi Son? 

Since Son founded SoftBank in 1981, he's invested hundreds of times. The majority may have failed, but a hit was enough to advance his career. His reputation was built primarily through his $20 million investment in Alibaba Group in 2000, which was valued at $130 billion in 2018!

What’s more? 

In October 2021, the Bloomberg Billionaires Index estimated Son's net worth at $23.1 billion! He was then the second richest man in Japan, while in May 2022, Son was placed 74th on the Forbes list of The World's Billionaires 2022.

Few of the biggest Stock Market Crashes in History (1929-2022)

History has taught us that markets can rise or fall. Much money is lost by some and much is gained by others. But what is the conclusion and what could be the answer to our initial question? Let's say Masayoshi Son! And what is the lesson from his story? 

No matter how often you lose, no matter how much you lose in a single day, the only thing that counts is finding that 1 good shot that could make you succeed! And that's why brands and trading companies like XPro Markets have emerged, to give you all the resources you'll need to help you find that 1 good shot!

#source

Share:


Related

How to earn cryptocurrency without investment

How to earn cryptocurrency without investmentEveryone enters the cryptocurrency space to make money, but not all of them succeed. Many people either give up or lose money because they do not correctly understand how to make money with cryptocurrency.

3 Oct 2022

The global financial trend of the hour: Forex investments

The global financial trend of the hour: Forex investmentsQuite the confusion is afoot in the financial markets. Tighter regulation, rising inflation, energy sector disruptions, social unrest and wars have taken a toll on the world's economies. How come Forex, as a means of investment...

30 Sep 2022

A Guide to Understanding Inflation and How It Affects Traders

A Guide to Understanding Inflation and How It Affects TradersInflation is becoming an increasingly important factor in our everyday lives. Google searches are up, and it has reasserted itself as a topic of popular conversation. Traders are having to familiarise...

29 Sep 2022

The Economic Calendar Is a Useful Tool for a Trader

The Economic Calendar Is a Useful Tool for a TraderThe quotes of currency pairs, as well as cryptocurrencies, stocks, gold, and other assets, are influenced by many different events taking place in the world. These are parliamentary...

28 Sep 2022

How to Get into Online Metal Trading?

How to Get into Online Metal Trading?The most popular precious metals in metals trading are gold and silver. The latter is strongly linked to the main currencies and the world economy as a whole. Precious metals...

27 Sep 2022

How to Trade in Forex? A Useful Guide

How to Trade in Forex? A Useful GuideAll currencies are typically exchanged in pairs when trading forex. A currency pair quotation is made up of two currencies. The Euro and the US dollar, for instance...

26 Sep 2022

Find the right Forex Broker or Application

Forex Nominations 2022