I blew out my account

snowhite · Nov 19, 2008

Today was it, I went long on margin and lost $20k. Goodbye ET. Trading is a losing game. Many of you know what I am talking about.

subban · Nov 19, 2008

What were your positions and how much in each position if you don't mind asking?

drukes1234 · Nov 19, 2008

Went long what? Did you just keep avg'ing down? I've lost much more than that in a day, it didn't come close to blowing out my account but it messed my psychology for months and I was trading with scared money.

ksonsinc · Nov 19, 2008

Where you trading the e- mini or stocks
Were you day trading or long position you had - ?

jtnet · Nov 19, 2008

Quote from snowhite:

Today was it, I went long on margin and lost $20k. Goodbye ET. Trading is a losing game. Many of you know what I am talking about.

goodjob douchebag. trading is about losing just not huge

Compulsive · Nov 19, 2008

...and he was the one posting 5% a month

http://www.elitetrader.com/vb/showthread.php?s=&postid=1873799#post1873799

eagle · Nov 19, 2008

Goodbye? You think members who stay had never blew out once.

R. Raskolnikov · Nov 19, 2008

Just borrow some funds from any of the 7 dwarfs

Quote from snowhite:

Today was it, I went long on margin and lost $20k. Goodbye ET. Trading is a losing game. Many of you know what I am talking about.

ChaosNSX · Nov 19, 2008

And...boom goes the dynamite.. Don't worry you'll be back if its really your calling.

sharkysmachine · Nov 19, 2008

or the big bad loan shark wolf