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
Mighty Mouse Drives Through Dangerous MS13 and 18st Blood Gang Territory...
When you're out in LA trying to stay alive and out of trouble most people know to avoid known gang areas. However, there are some brave people seeking a thrill or some clout who like to go into these areas and show they made it out unharmed. As example...
Does PJ Washington Have to Pay Brittany Renner $200K a Month...
The tragic Brittany Renner vs PJ Washington situation is trending again, and it's not looking good for the young NBA superstar. There is a rumor floating around that PJ Washington has to pay Brittany Renner $200K a month in child support. Essentially that would mean PJ Washington signed Brittany...
Why is Chicken in Mexico Yellow? The Science Behind Color of...
A recent post by a Facebook user named “Ketogenic Easy Recipes” has sparked a lot of curiosity and debate about the color of chicken in Mexico and the US. The user, who said he had just moved to Mexico, shared a photo of a raw chicken with a yellow...
![Pinterest](https://pinterest.com/pin/create/button/?url=https://www.jordanthrilla.com/post/20-year-old-robinhood-trader-commits-suicide-after-his-account-falls-to-700k-negative-balance/&media=https://www.jordanthrilla.com/wp-content/uploads/2021/01/6604a1_4d312e8c90c84694b65c56fa5e5cea47-mv2.jpg&description=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 ambiti){kind=link}