the markets are an evil place..., page-68

great posts esp voltaire and t4p, thanks

I have ended up only $3000 loss overall from the money I personally put in, and now I am in a safe position. I count this loss as the best education I could ever get. I was a dumb noob trader, just going long mainly on fundamentals and the future. I thought I knew the game. I was so stupid.

Now I have been shocked into learning about hedging and shorts and stop losses. I will know how to deal with a crash/correction next time and heed the warnings and put safety measures in place earlier. I managed to escape a large leveraged position by the skin of my teeth. I lost my profits but nothing else, nothing of real value.

I know many will not have been so lucky which is sad. I wish you all the best.