As long as you buy you never lose. Donot go short thats how you lose big time. The feds have made the game rigged. The most I've ever lost is $1000 and that is because I went short by accident and then the market taught me a lesson.
ahhaahhhahhhahhh I almost choked to death reading this... okay if there was ever any doubt as to if you are a kid or not...weeeelllll.... Me thinketh we all know the answer now !
Now that im done ROTFLMAO... My biggest loss was about $18k on EFUT in * it think* Oct 06. I had made about $56k on it the couple days before and I got way too cocky for my own good. Those of us that traded the EFUT know what happened next !
i decided to make a foray into merger arb on the HAR deal. epic failure. i'd have to check on the exact number but it was somewhere around 120k....and it could have been worse.
was new to trading last summer -took the wrong side of a trade-was long and short 4800 shares of NFI at 8.00 a share-shares declined i covered for a profit at high sixes and held long waiting for a bounce that never came ended up 18 k lost ion that one-believed the pumpers ---we would be well off if i woulda have sold for a loss and bought to cover before delisting