[Freudian]

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XXRAGEDXX, chipmovr, and Jordan Berkowitz are 3 guys under 20 who have had such crazy swings. Neverwin also had a similar run up/down/up. Their ups and downs have been documented in posts here and on neverwinpoker.com. There are also multiple European kids in their teens and early twenties who have made hundreds of thousands (or more) and have managed to go broke. I'm aware of one Euro kid who was up somewhere between 500k-1M and is now in debt for about 500k. These are the types of swings that happen to guys who play in a manner to run up huge rolls starting from 5-10 and months later are playing 400-800HU.

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Perhaps they lack the poker experience or self awareness to recognize when they are on a heater and when they are not.

It is common for online players to complain how bad they are running but they still know they are winning players because they had a period of winning that was slightly longer than the current losing period.