While I realize the world went through a bit of an unwind, before and after the Dubai incident, I've been busy with work and family issues instead.Things have just been incredibly busy!In any case, what with the volatility and unwinding that has been going on it's probably a good time to be inactive. I did manage to blow up my small discretionary account (my robots are far better traders than I
Showing posts with label losses. Show all posts
Showing posts with label losses. Show all posts
Margin Call Today
Thursday, January 3, 2008
Well, it had to happen. After I was forced to make a withdrawal from my account due to the fact I was surprised that someone had given me an NSF check. There simply wasn't much capital left.This means that any sudden moves, as happened today, would cause my account to run out of cash. Well, it did.It's not fun, but at least at this point we are talking about a very small amount of cash. So,
Recent Non-Success
Wednesday, December 12, 2007
Today's fed announcement caught me with an unprotected position. Needless to say, as the floor dropped out of the AUDJPY market, I was given a bit of an unpleasant ride.However, I didn't blow up my account, so hopefully things will settle down and drift towards "the middle" so I can get out without too much pain.
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