How do you recover from a 80% loss?

Discussion in 'Trading' started by failed_trad3r, Aug 5, 2011.

  1. A good rule of thumb is 30 to 50% stop losses with options. Because of the poor liquidity and bucket shop games, one needs to use mental stops in my view.
     
    #41     Aug 7, 2011
  2. baro-san

    baro-san

    Sorry for your loss.

    Firstly stop trading! Then thoroughly analyze what you did wrong. Don't restart trading real money until you prove to yourself with paper trades that you have a profitable trading method, and that you are disciplined enough to follow it always.
     
    #42     Aug 7, 2011
  3. baro-san

    baro-san

    Very bad advice!
     
    #43     Aug 7, 2011
  4. spindr0

    spindr0

    Stop taking advice from failed_trad3rs :)
     
    #44     Aug 7, 2011

  5. LOL
     
    #45     Aug 7, 2011
  6. DT-waw

    DT-waw

    how to recover from 80% loss?

    risk 20% per trade and make 15 trades a day.

    or if you're lazy, go with a signal provider who averages down and has 100% winning trades.
     
    #46     Aug 7, 2011
  7. Thanks.
     
    #47     Aug 7, 2011
  8. Ever heard of a Stop?

    Please don't place another trade without one. It's okay - you'll bounce back. Work hard at it. Good luck to you.
     
    #48     Aug 7, 2011
  9. Lucrum

    Lucrum

    :D A stop order? But he just "knew" what was going to happen.
     
    #49     Aug 7, 2011
  10. Agree.

     
    #50     Aug 8, 2011