How much did you lose on the journey to becoming profitable?

Discussion in 'Trading' started by Risepoint1879, Jan 22, 2019.

  1. Me? 20k. I tried strategies that didn't work at full leverage.
     
  2. ehsmama

    ehsmama

    Nothing ... Profitable from the Very start
     
  3. Wife and kids, and 1M
     
  4. themickey

    themickey

    Lost wife and made money and freedom.
     
    OSN_invest and solidme like this.
  5. RXIS

    RXIS

    Not sure. Lost a little as a teen during the the dot com crash. Busted during the run up to the 2008 meltdown. Divorced a narcissist in 2015, but that wasn't necessarily a result of trading. Busted in 2016-17 from psychological mishaps. I was emotionally unstable. Family issues. Lost my dime piece gf. lol
    Currently on the road to recovery again.
     
    CSEtrader likes this.
  6. cvds16

    cvds16

    while I was busy trading futures on intuition mostly I remmember the second Asian crash in 1997 where I was having a boatload of short puts and a heavy futures position and the market opened 10% against me. I had a loss and my account went from positive to a loss of about 300K, I made 50 k back daytrading that day but had to unwind my position which was almost at the exact day. NY opened down -500 point and then staged a kind magical reversion in a half hour to +500 but that came too late for me. I was working at broker's office and had to pay off my debts the next few years. Learned to things about this: never short options naked and make sure you have some kinda algo when trading to guide you.
     
  7. Turveyd

    Turveyd

    Think I’m up about 8k over 20years nearly, i made a lot tradng options 2001 and spent it before i blew the account holding all Puts over night gap up and market recerse from a big bear run, 100% Calls I’d of been a millionaire inside of 2 weeks from a 6k account doh!

    Then i have periods of making good money day trading,take some out, blow up and use to refund so not really costing me recently.
     
    Risepoint1879 likes this.
  8. 200K
     
  9. digitalwarrior!lol
     
  10. Wife and 1M replaceable. The kids is what haunts me.
     
    #10     Jan 23, 2019
    S-Trader and Risepoint1879 like this.