[A Trader Earned Over 1.7 Million CAD from AMD and Nvidia, Then Lost Over 350,000 CAD Betting on SpaceX in a Week] BlockBeats News, August 31: Canadian retail trader Akshay Sapra recently disclosed that he had earned over 1.7 million CAD trading AMD and Nvidia between 2024 and 2025, but subsequently lost nearly all his profits due to high-risk trades. This year, Sapra bet on SpaceX, purchasing thousands of call options and shares after it was included in the Nasdaq 100 Index. SpaceX's stock price then dropped from $158.92 to $149.47, resulting in a single loss of over 200,000 CAD. He later reversed his position by buying 2,200 put options, losing most of his funds again, with total losses exceeding 350,000 CAD within a week. Sapra revealed that he had previously lost nearly 200,000 CAD betting on Beyond Meat and had undergone a three-week treatment program for gambling addiction. Although he has since secured a software engineering job and plans to document his trades on YouTube to hold himself accountable, he still wishes to continue trading, admitting that his trading behavior is "too easily prone to gambling." Sapra stated that he once grew his account from negative to 350,000 CAD, only to experience a repeated cycle of "earning it back and losing it again." He believes trading does require certain skills, but if one continues engaging in high-risk, emotionally driven trades, it can be no different from gambling. [Original Link]