How much money did you lose, before at least becoming a breakeven trader?

How much money did you lose, before at least becoming a breakeven trader?

  • under $10,000

    Votes: 25 31.3%

  • under $20,000

    Votes: 13 16.3%

  • under $30,000

    Votes: 13 16.3%

  • under $40,000

    Votes: 2 2.5%

  • under $50,000

    Votes: 3 3.8%

  • under $60,000

    Votes: 3 3.8%

  • under $70,000

    Votes: 3 3.8%

  • under $80,000

    Votes: 2 2.5%

  • under $90,000

    Votes: 0 0.0%

  • $90K or more

    Votes: 16 20.0%
  • Total voters
    80
T

TraderZones

How much money did you lose, before at least becoming a breakeven trader?

Almost every trader could point to blowing out accounts or at least losing sizable amounts before they learned to - call it "tuition" or "paying your dues..."
 
I don't know how useful this question is since it depends on your net worth. If someone makes 50 bucks a day that sounds like shit but if there account is $1000, that aint bad. Someone else might make $4000 but with a multi million dollar account.

It might be more interesting if you asked how much of a person's liquid net worth they lost in the beginning.

I'm guessing most traders lost over 50% of that when they started out.
 
honestly it depends if you are stupid enough to trade w/ out an edge.


I can't say I've dropped > $2,000 in neg since I started. Of course I take much bigger swings now...

like I lost ~5,000 today :)
 
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