-$600 Loss
CPXXShort Stock
omar121

$600 loss this is what you get for being greedy and plane stupid. I used all my margin. 6;1 ratio. I have really small account and I shorted 600 shares.this is unbelieble I just don't know why I let my emotions get to me and forget the most important rules. cut losses and use only 30 percent on one position. I blew nearly half of my $2000 account.

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darrellwayne13
darrellwayne13Mar 22, 16 8:38 PM

Losing is inevitable as a trader. What knowledge did you acquire with this trade??? Hang in there, like you stated above, you didn't cut losses quickly and your position size was too large. Trial and error.

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