Lol. When a trader destroys his account, apparently the right thing to do is to congratulate and encourage him.
This is obviously just an aside, but even though I'm not rich, I don't have much use for money. I mentioned before that I've withdrawn $58,000 recently, and all I have done with it is a couple of thousand in charitable donations and bought a watch for myself, and not a $5000 watch either. The rest is sitting in my savings account earning 1%. I like to have somewhat of a buffer that way, but $300k is neither enough to retire on, nor make a meaningful difference (once you have housing, food, transportation taken care of), so I choose to throw it at the markets instead. On a more serious note, is there one really good text on risk management to get me started? I don't want to spend weeks reading all kinds of books if there's people on here who have already done that and figured out what actually works.
I have one question for you @phi I am curious about this figure in your list... 2016-Nov-08 53,207.93 2016-Nov-09 89,054.65 How did you turn a $36K profit in one day on an account balance of $53K?