Most lost in one trade

What is the most you lost in one trade?

  • 100

    Votes: 4 2.2%
  • 500

    Votes: 12 6.7%
  • 1000

    Votes: 11 6.2%
  • 2000

    Votes: 16 9.0%
  • 3000

    Votes: 17 9.6%
  • 5000

    Votes: 23 12.9%
  • 10000

    Votes: 19 10.7%
  • 20000+

    Votes: 76 42.7%

  • Total voters
    178
$2.7 million.

Just kidding.. the bar kept getting higher.. thought I should keep the trend going.

About 500.00 on a single trade.
 
A 10% hit via a real newbie mistake, I abandoned my usually cautious strategy and decided to gamble with my winnings on a risky bet against the XLE two weeks ago.

Lesson learned: there's nothing wrong with going for it but back out when it starts to move seriously against you.

Luckily I'm in the process of getting it all back this week.
 
I had an OEX iron condor that was way far gone so i decided to let it expire at max loss. I was assigned on 8 contracts and instead of losing 5k i was down about 13k. My broker margin called me (i missed the phone call) and for some reason he didn't close me out and the market later tanked. I made back all loss and about 8k profit. it was feb expiration day. TOS really saved my ass that day. It would have been my max loss on a single trade.

I since have been able to avoid the meddlesome TOS guys and lose it on my own. :D
 
Quote from HedgefunTrader2:

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.


LMAO - hope you stick around; ET can always use more comedy.
 
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