How Much Was Your Single Biggest Trading Loss?

#1
Making losing trades is part of the game. The key is to make the losses smaller than the wins, in aggregate.

So share, what's your single biggest trading loss to date?

The biggest loss in a single trade I can recall is in ORCL back in 2000, when I held into earnings release - it promptly gapped down and didn't come back for months... I sold it at a loss of somewhere near $1300. So I've never EVER held a swing trade into earnings again. I believe it was something like, I held at $31 a share and it opened at $22 the next day, or something like that.

Sometimes you've got to learn the hard way. The key is just learning it ONCE, and avoiding the mistake again. How about you? And how did you feel about it? I was frustrated because it was beyond my control, the reaction to earnings etc... back in the early years.
 

coolboy007

Well-Known Member
#4
I think it was around 23k on Nifty Options in Oct , was holding Calls and Nifty crashed 300 points within a day rendering all calls nearly zero. My biigest and last loss , though face losses i keep SL so losses never turn so big.
I still rem that dreaded day when i came home and saw the Tv at 3pm flashing sensex down more than 900 points:eek: Nearly pissed in ma pants:D