Whats the Worst Loss You've Taken??

[sevensa 10]

You wanna loose money fast? Try trading wheat while over leveraged. I lost $3600 in about 10 seconds. But that didn't hurt as much as being up 9 grand and finishing the day with 2 grand. Needless to say, i don't trade ANY grains these days.

 

Why wouldn't you trade grain anymore? Based on your post, your loss had nothing to do with the market you have traded, but everything with being over leveraged. If over leveraging is your problem, trading a different market is not going solve that. You will lose money fast in any market if you are over leveraged.

[enochbenjamin 10]

Why wouldn't you trade grain anymore? Based on your post, your loss had nothing to do with the market you have traded, but everything with being over leveraged. If over leveraging is your problem, trading a different market is not going solve that. You will lose money fast in any market if you are over leveraged.

 

The post was oversimplified. There are numerous reasons why I don't trade the grains anymore, the biggest being liquidity. I have found that Treasuries allow me to do my thing without being concerned about slippage and run stopping. If I only trade treasuries it eliminates the possibility of me blaming anybody or anything for my losses. I can be more accountable to myself by staying away from the wild grains.

 

That being said and back to the topic of this thread; Corn, Soybeans, Soybean Meal/Oil, and Wheat are the markets in which I made and lost the most money in a single day.