How much did you lose....

Discussion in 'Trading' started by reg, Dec 13, 2003.

  1. I started in January of 1999, lost about 45K through present. 40K in stocks, most of that in the spring of 2001. Took a lot of time off, tried the NQ in spring and summer of 2002, lost about 5K. Finally realized I probably shouldn't be a discretionary trader, so I started playing around with system development. This makes a lot more sense considering my engineering and programming background. Just put up another 5K, now trading 1 NQ totally mechanically, and treading water, up about $200 in 4 weeks of trading. Much too early to say but at least I feel I'm just reaching the point were I can become profitable and know what it's going to take.
     
    #11     Dec 14, 2003
  2. 22K.

    David
     
    #12     Dec 14, 2003
  3. I started daytrading with Financial Cafe and free market orders. I opened an account with 200 bucks and traded a single share. Lost 120 bucks before I became profitable.
     
    #13     Dec 14, 2003
  4. bobcathy1

    bobcathy1 Guest

    90k.....but of course that was helped along by Mutual Funds.:(
     
    #14     Dec 14, 2003
  5. lescor

    lescor

    Dicking around off and on from '94 to 2001 in various states of seriousness, but never really 'getting it'- down about $60,000

    When I thought I had things figured out and started trading full time two years ago, I lost $13,000 in my first four months before turning profitable. Never a down month since and made back my tuition within a year.
     
    #15     Dec 14, 2003