Automation disaster, huge loss, oddly calm

[trader44]

we have all had losses we shouldnt have had .i remember backing a front runner in running at 7 it started going backwards and was quickly headed and couldnt win ( those famous words ) i laid it massive to get my stake back and BOOM it won. loss was very big and painful. A hard lesson i havent forgotton

[ShaunWhite]

Only keep the min you need in your exchange wallet.

Tried some new automation a few months ago, all tested beautifully. Went live (with the wrong version obv ) and it fired in 50 bets inside a second line an AK47. If I hadn't cleared all but 100quid from my account it would have emptied the lot. Closed out for a small loss, but it was a buttock clenching moment for a while.

[rik]

won 24k a lot of years ago by missing to cancel a 1.02 lay that went on to win nadal match on the tennis. lot of misclicks for smaller amounts since then
if your too upset about your mistake dont bet but take a break

[Dallas]

Derek, Kai, Shaun - thanks for the support. I actually think it's a positive experience in a way, because it underlines this a serious thing, with real money, not a computer game or something!

Well, to be perfectly honest you could think of trading as just a (computer) game in general, because at its core I guess it could be classified as a risk management game. Not trying to be philosophical but life in general could be viewed as a game as well, like in any other game in life most players are just terrible and not many get to level 100

So imho nothing wrong with treating trading as a game, perhaps a controversial opinion but one could even argue that a lifetime habit of problem solving and muscle memory practice could even be considered as the perfect preparation for trading, since those are exactly the two skills that are needed the most?

I think it might have been Jolly Green that mentioned a trader who smashed up his computer after a bad market and said he felt better for getting rid of his frustration. Obviously the loss must have been big enough to render the cost of a new computer insignificant!

Wow, people are animals. There's only one thing worse than a wife beater and that's a computer beater

I like that way of thinking - I suppose the key is that it's a game not to be taking flippantly

I'll have to see if I can find it but a few years ago a user posted a picture of his smashed up laptop after he wasn't able to green up.

In this users case he couldn't get his head around the in-play delay and despite being told about it several times prior he continued to click like a manic and eventually after one he smashed up the poor laptop

[Kai]

In this users case he couldn't get his head around the in-play delay and despite being told about it several times prior he continued to click like a manic and eventually after one he smashed up the poor laptop

Haha Dallas, found it instantly by typing in "smash" and "laptop" in the search box Remarkable, wonder if the guy is still around.

viewtopic.php?p=114053#p114053

[Naffman]

In this users case he couldn't get his head around the in-play delay and despite being told about it several times prior he continued to click like a manic and eventually after one he smashed up the poor laptop

Haha Dallas, found it instantly by typing in "smash" and "laptop" in the search box Remarkable, wonder if the guy is still around.

viewtopic.php?p=114053#p114053

Wow kinda just shows the people we are up against - great innit

[Kai]

In this users case he couldn't get his head around the in-play delay and despite being told about it several times prior he continued to click like a manic and eventually after one he smashed up the poor laptop

Haha Dallas, found it instantly by typing in "smash" and "laptop" in the search box Remarkable, wonder if the guy is still around.

viewtopic.php?p=114053#p114053

Wow kinda just shows the people we are up against - great innit

The 666 in his username is a dead giveaway though, probably seen hundreds of those over the years through gaming, they tend to have a bit of a naughty streak

[Derek27]

That thread was just before my time. One good thing you can say about Luke is that he's using 20p stakes until he's mastered trading.

[firlandsfarm]

I guess we've all felt like this guy but maybe didn't actually do it … I love the guy working next to him!

https://www.youtube.com/watch?v=xZLCoYrmZwk