Failed Trader / Blown Up Trader

S

spencer

"I can't believe that the sum of our unrealized losses which we just dodged, would have been more than the sum of our firm's market capitalization ... ... ... [tear]"

If you quip this, to yourself, then you are essentially fired. You can be a perfect person, with no personal problems, and realize this fate. A blown up trader, it losses your job. Things along this case, anything along these lines, warrant this deal ... firing.

So, when you say you want to sponsor an attraction, what do you have in mind? You can't blow up and expect to stay. Cutting losses? Due diligence? Execution errors? Pilot errors? Faulty employees / workforce meltdowns? Desperate times, desperate measures?

I don't know what to say to a failed trader, but a blown up trader is a leave of absence.
 
spencer said:
...If you quip this, to yourself, then you are essentially fired. You can be a perfect person, with no personal problems, and realize this fate. A blown up trader, it losses your job. Things along this case, anything along these lines, warrant this deal ... firing.

So, when you say you want to sponsor an attraction, what do you have in mind? You can't blow up and expect to stay. Cutting losses? Due diligence? Execution errors? Pilot errors? Faulty employees / workforce meltdowns? Desperate times, desperate measures?

I don't know what to say to a failed trader, but a blown up trader is a leave of absence.
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Did you lose your job as a trader at a firm or a close friend lost his/her job as a trader at a firm ?
 
wrbtrader said:
Did you lose your job as a trader at a firm or a close friend lost his/her job as a trader at a firm ?
More...
wrb--_Are we going to have to talk this guy down from the ledge?_Cause that's what it sounds like. Don't jump failed trader! I've done it many times.
 
spencer said:
"I can't believe that the sum of our unrealized losses which we just dodged, would have been more than the sum of our firm's market capitalization ... ... ... [tear]"

If you quip this, to yourself, then you are essentially fired. You can be a perfect person, with no personal problems, and realize this fate. A blown up trader, it losses your job. Things along this case, anything along these lines, warrant this deal ... firing.

So, when you say you want to sponsor an attraction, what do you have in mind? You can't blow up and expect to stay. Cutting losses? Due diligence? Execution errors? Pilot errors? Faulty employees / workforce meltdowns? Desperate times, desperate measures?

I don't know what to say to a failed trader, but a blown up trader is a leave of absence.
More...


Define the risk
Take the SL
Systematically take profit
Any given outcome is far from certain


But then.., you know this already - I would bet

RN
 
Cswim63 said:
wrb--_Are we going to have to talk this guy down from the ledge?_Cause that's what it sounds like. Don't jump failed trader! I've done it many times.
More...

His message post is cryptic...hopefully he's not close to going on a ledge. That's one of the down sides of the markets. Money (or lose of it) can cause people to do some horrible things.
 
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