I was getting a haircut a few days ago and was chatting to the hairdresser about trading. She mentions she has a relative that started with a few millions and lost it all day trading. That really shocked me. Being that well capitalized and still losing it all. I've created this thread so people can discuss this subject and tell their story. So, how much money have you lost before figuring it out (and how long did it take)? If you wish, can you tell your story too. If you're still learning, just tell use what you've lost so far (and how long). There's a couple of old threads about this, but nobody bothered to created a poll. http://www.elitetrader.com/vb/showthread.php?threadid=178055 http://www.elitetrader.com/vb/showthread.php?threadid=181356 For me. I figured I lost between $5,000 to $10,000 so far. I'm about seven years in. Six years part-time on and off while in school and one year full-time day trading.