Soceite Generale Kerviel's P/L chart

You're right. Not sure what chart I was staring at the time I wrote the reply. Though you can't blame SG, the gravity of the situation probably made them not willing to guess whether or not it was gonna turn.

Quote from crgarcia:
Yeah, but they sold exactly at the bottom.
 
Quote from lwlee:

I was under the impression that he wasn't a bad trader. That he stumbled mainly because he was burdened with hiding the big gain.
Interestingly, it appears he did no trading from July 2007 thru December. His equity curve was dead-flat at that time.
He was "up" huge, too, at that time.
 
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