MrBean

biggest loss in my trading career, what a dumb trade, wrong time of the day, keep adding to loser, etc. All the mistake you can think of. Make some money in other ticker to lower the week down to -19k. Theres go all the 2 months work..... gonna have to learn from this seriously

3
110
DatePrice
Entry5/20/20210.0038
Exit5/20/20210.00233
  • Total Views212
  • Position Size13,000,000
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Bamaben10
Bamaben10May 20, 21 8:58 PM

@MrBean I saw your comments in the chatroom on this stock and I did the exact same thing, except I only had an $80k account and I lost $21k on this trade doing the same thing you did. Definately have to learn from this as this was a disastrous loss for me. I'll post it in the morning once I can verify but any ideas to help me get my head back straight as this is nearly 20x greater than my worst loss?

MrBean
MrBeanMay 20, 21 9:02 PM

oh mannn sorry to hear it.... somehow i just feel like this is pure stupidity.... shouve just never look at the ticker. But this gave me a lesson that doesnt matter how many wins you have, 1 stupid trade could wipe it all away. So have to burn these lesson in our brain. Just know there are more people lost a lot more than us bro, look at the sell volume comming through. on the bright side we didnt blow up the whole account and still above pdt to fight again.

Bamaben10
Bamaben10May 20, 21 9:08 PM

haha, you make a good point! Thank goodness we're still above pdt, becuase it took me nearly two years to get above it growing my small $3k account. But yeah, I wish I wasn't even in front of the computer mid day. But yeah, that is some insane volume that came in, and I thought I could just average down until the loss became unbearable. Definately a huge lesson to learn here

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