Ever Blow Up Your Account?

Discussion in 'Professional Trading' started by ps0013, Mar 18, 2008.

  1. what is the owrst you ever heard of or seen?
     
    #51     Apr 2, 2008
  2. pneuma

    pneuma

    The problem was I kept changing my system and style - there was no consistency, more like real time system development. It wasn't until I accepted that I had a robust system and all I need to do was follow it that I became successful.

    When I actually followed my own rules, I came up with 200%+ in the first 3 months. That's pretty easy when your float is cactus, but it certainly proved a point. After that the rest was easy.
     
    #52     Apr 2, 2008
  3. JSSPMK

    JSSPMK

    $30k+ gone with the wind
     
    #53     Apr 2, 2008



  4. A very good trader got caught short with large size. The stock was KPMG and MSCO just kept buying and buying and buying showing a large bid. Back then we had a key that would take out the buyer/seller(order). He blew out and could never recover.
     
    #54     Apr 2, 2008
  5. balda

    balda

    #55     Apr 2, 2008
  6. balda

    balda

    About 6 years ago I was trading pairs in a local shop in Los Angeles.

    Owner of the shop was using system called "Tatas".

    So he lost about 250K in a week. That is when I decided to leave and trade on my own.
     
    #56     Apr 2, 2008
  7. LMAO LMAO LMAO!!!!!!
     
    #57     Oct 30, 2008
  8. I never have blown an account but i lost 200k in two minutes a few weeks ago. :(
     
    #58     Oct 30, 2008