A Breast Size

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Bought some LAC calls on the morning of the rare earth crash based on a comment here, though my own delusions from the ABAT run I was in on contributed to that, then down 20% on digital ocean calls I FOMO’d in on based on a post here as well lol. Edit: also made irresponsible position size decisions based on hype on this sub, can’t really blame the sub though, just helped influence some irresponsible gambling behavior.

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They are afraid you will multiple the numbers and know their account size total. Still dumb to hide it but if they want some pretend privacy its fine by me.

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Oh man welcome to the club, I’ve experienced this before when trading with high leverage on gold and to be honest first experience was when first time trading forex and catching eurgbp move down in 2019 I had made like 5x but it was a bit big leverage and I thought it will continue like this for the foreseeable future everything was nice. And it was also few other trades like gbpjpy, gbpusd that time running woth eurgbp, and to be honest first ever trade live was that eurgbp two weeks earlier and leverage was like for four of these pairs so it was like 0.04 or something and balance was two times less. When it burnt I increased balance by two after two weeks and reduced lot size but added those gbpjpy gbpusd and gbpchf as far as I remember so basically same exposure. So after catching that move I just saw after two weeks before making a trade, even trades that how come it rose so much and that’s why decided to try one more time, and after catching that move I thought I’m guru in trading lol. That 5x balance remained for few months. I also watched gold all that time and traded on demo. But here I could trade gold live and it was so exciting, and basically I demo caught major moves in gold in 2016-2019 before making first live trade in forex. So start with gold was nice as I already was watching that price for few years, but little did I know how could it turn out. I was trading gold on quite high leverage and mostly from that zone that it was trading in. It was in a range back then, and just without stop loss I knew it is impossible to guess a price and waited till it goes a bit higher before falling again and I closed when it returned like 20% profit. My risk management was off that time. So everything changed on jan 3 2020, when it was a geopolitical event, and gold surged and I’m without stop loss. It was my first big loss, triple digits and it killed me eventually, well actually not me but my acc. :) i managed to recover some but it was not to the point it was before loss. Then traded again and again trying to short gold, but it didn’t fall :) or wait maybe that surge i recovered but I remembered also one day after this. Again gold climbed to that range zone and I shorted and waited till it will fall but it didn’t fall and again I lost like triple digits. Considering that initial deposit was double digits. And after that I already don’t exactly remembered but there was a night when I held gold overnight and again was some geopolitics or what, or maybe I started to read more and worry, and I remember it was Sunday I waited till the market opens just to close it because acc was already double digits not triple and fear started to cripple in. For my time zone it was like 2 am or something, was that time in Dubai, so I just waited till market opens decided to watch a bit and because you have to go to work tomorrow I closed. Only to figure out that it fell when I was sleeping and could recover all those loses. But it was over leveraged position if it didn’t fall and raise a little i would get liquidated, for the second time, first being that initial eurgbp 0.04 trade but I wasn’t thinking about that liquidation that time I was thinking how come I made 5x from double digits and now gonna lose it all. So I lost it all but later somewhere in the middle of February by my birthday date. :))) and after that trading became much harder. I was then thinking, I got feared and closed that’s why I lost. No need to fear it just stay till the end. Lost hundreds of trades like that. I started over trading I deposited that amount that I made 5x from double digits and lost that. It was hard. Later after few years started prop reading challenges and also after passing the first phase of challenge became overconfident and overtraded and lost the second phase. I remember in 2022 January when lost second phase I couldn’t sleep all night, just simply couldn’t fall asleep thinking how come I failed it. With winning it was so close. But after even few years after that I tied the challenge one more time and passed it and passed verification for the the first time in my life few weeks ago and was awarded trading account. Now let’s see how it will go. But this time it has drastically changed, I know follow strategy entry and exit and not over trading. Let’s see how it will go. Even if I breach loss limit the max you lose is your fee for taking a challenge, if not received with your first payout. I mean if your first month is profitable then you even get your fee back, but it is painful to lose a trading account because to get it you need like 3 or even 4 months. So better be careful with it because to get a new one you will need a lot of time. So basically you lose time if you lose your trading account. So what my advice on all of that is that you control your risks. It’s very important, when it’s become calm you will get a reward, maybe not now but eventually you will get it.

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I still don't understand how this quantum train is continuing to run. People want to talk about an AI bubble, I think this is far more of a bubble (although smaller in size) than semiconductors and data centers.

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Default rates vary for a variety of factors such as asset class, pool of debtors, loan size, institution providing credit etc. Mortgages usually rank higher on consumers' list of priorities (pay mortgage first), and the Reuter article you link is full of statements from big boys like Citi, BOA etc. (stronger underwriting processes). Auto loans are usually ~~smaller (more volatile),~~ rank lower, and might have a larger mix of Non Bank Financial Institutions (weaker processes, higher interest % since they don't have access to cheap finance). The size of the pool (in terms of number or total value of loans) will have an effect on the volatility of the default rate as well. The articles don't necessarily contradict each other. You've got to see the general trends default rates and the size of exposures that are being defaulted on (= what are the numerator and denominator, over time), as well as linking it to stuff like Unemployment and ~~GDP~~ other economic indicators, before shouting "fire fire".

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Sample size - 1

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Position size is the difference, bruhs

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Position sizing. Size down.

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I think you should definitely stay out of options if a -12% swing makes you pussy out and/or just size in smaller. Also do it closer ITM, you have the capital to make money, more contracts just equals more ways to fuck up

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