ES trader loses it all and flips out (old video)

Discussion in 'Trading' started by flipside21, May 4, 2012.

  1. I have to say that taking signals (long or short) on a Friday afternoon is never fun precisely because of the potential for a Sunday night massacre or ramp against me. Fortunately, those Friday signals are somewhat rare for me and I end most weeks flat.

    Not saying that guy got in on a Friday, but he clearly had a position at the Friday close.
     
  2. I love that video. I read somewhere that the guy had a blog and a following.. a very good reminder to just do all my own due diligence, etc..
     
  3. He's still around...recovered nicely from that disaster day, profitable and now working for a Hedge Fund or something like that. Hmmm...maybe that disaster day gave him enough publicity that he got noticed and then later someone came calling after seeing how he recovered :confused:
     
  4. he was trading the russell, not the es
     
  5. highprobability.blogspot.com

    nothing for a long time

    I think he blew up twice and then quit trading.

    but who knows, it's hard to quit trading for good

    hope he comes back

    good comedy
     
  6. I think he's trading on a Sunday night when globex is open but Mon is an NYSE Holiday

    pretty amateur

    deer in the headlights syndrome

    went long because he figured it would go up

    didn't have a clue what he would do if it didn't

    one trade at a time is not a very good long term business plan

    been there, done that