20 Year Old Robinhood Trader Commits Suicide After His Account Falls to -$700K Negative Balance

 

A 20 year old Robinhood trader committed suicide after his account fell to -$700K negative balance. Alexander E. Kearns wrote a suicide note to his parents saying “How was a 20 year old with no income able to get close to a $1 million of leverage”, after he realized his account was negative $700K.

In essence the ambitious 20 year old Robinhood trader felt he was in over his head before the suicide happened.

When the coronavirus pandemic started, Alexander Kearns started to invest in stocks with the company Robinhood due to their commission free trading guarantee and easy to use mobile app. At the height of the coronavirus pandemic he was reportedly able to add over 3 million stock accounts to his portfolio.

However, things went left when he started to realize the COVID-19 pandemic made the stock market unpredictable. Before he knew it the 20 year old Robinhood trader had lost it all plus some.

There was reportedly a photo on the Alexander Kearns’ cellphone showing he had a negative balance of more than -$700K. Unfortunately the massive debt caused the 20 year old Robinhood Trade to commit suicide.

RIP Alexander Kearns.

Author: JordanThrilla

Explore Related Articles

News

Why Are Louisville Kentucky Hospitals Dumping Patients on Street Corners Like...

A Troubleshooters Investigation report from WAVE News has exposed a shocking practice of patient dumping in some Louisville Kentucky hospitals. Patient dumping is generally defined as discharging patients who are uninsured or unable to pay – or refusing to admit them in the first place. The report, which went viral...
JordanThrilla Staff
JordanThrilla Staff

Is Brother Polight a Pedophile? Brother Polight Allegedly Charged with Raping...

Is Brother Polight a pedophile? Shocking news is rocking the social media airwaves, the man known for being a conscious leader Brother Polight was charged with rape in Miami according to multiple reports. The news is unbelievable to most people, because Brother Polight was known as one of the...
Conspiracy Theories

Is COVID Vaccine Giving NBA Players VAIDS? Details on Conspiracy Theory...

JordanThrilla Staff
News

Jehane Thomas’ Last TikTok Video Trends After Details About Her Cause...

JordanThrilla Staff
News

Joe Biden Falls Down Steps of Air Force One Three Times...

JordanThrilla Staff
JordanThrilla Staff

‘HTTPS Not Evaluated’ Error Plagues Google Search Console After New HTTPS...

Most website owners are familiar with Google Search Console. It's a free tool provided by Google to help you keep track of a website's performance, errors, and indexing related to their Google search and Discover. Recently Google rolled out a new HTTPS report that helps website owners know if...
Lifestyle

Viral Photos Showing Two Truckers Driving Neck and Neck Blocking Traffic...

JordanThrilla Staff
Urban News

Conspiracy Theory Behind Power of Snake Tequila Shots Trends After Video...

JordanThrilla Staff
Hip Hop

How Did Winona Brooks aka Lil Bo Weep Die? Details About...

JordanThrilla Staff