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Contest - BALLZTRADER (by BALLZTRADER)

Gewinn: -99.9%
Drawdown: 100.00%
Pips: -244.6
Trades: 131
Gewonnen:
Verloren:
Typ: Demo
Hebel: 1:500
Handel: Unbekannt
managedfx
Mar 16 2011 at 22:52
7 Beiträge
The market has known for months that there were some massive option-related stop-losses below the previous lows at 79.75 and unfortunately those losses were triggered at the most illiquid time of the day, NY close/Sydney open. The market probably moved 3 times more than would have been the case were both Europe and NY in full flow.

Clearpaper
Mar 16 2011 at 23:59
95 Beiträge
A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down.

andiforexone
Mar 17 2011 at 00:29
2 Beiträge
wowwwwwww....
one day in top and one day buttom

Nathan L (jimmyneutron88)
Mar 17 2011 at 02:44
12 Beiträge
don't know what buttom means but yes, unlucky

Gotta make that cash money bitchez
andiforexone
Mar 17 2011 at 03:07
2 Beiträge

jimmyneutron88 posted:
    don't know what buttom means but yes, unlucky

sorry I mean bottom 😀

Nathan L (jimmyneutron88)
Mar 17 2011 at 04:13
12 Beiträge
ah hah. of course. Eh, bringing me that much closer to No. 1, just need a few more people to off themselves in the top 20.. Hmmm

Gotta make that cash money bitchez
Tony Manso (amelabs)
Mar 17 2011 at 05:25
67 Beiträge
What gap? This dude lost his money fair and square. That's what you get when you have 5 open trades of 1000 lots each and get a margin call. I guess the stopout level must be 100% or even more.
Clearpaper posted:
    A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down.


RahmanSL
Mar 17 2011 at 09:09
209 Beiträge
'...ah hah. of course. Eh, bringing me that much closer to No. 1, just need a few more people to off themselves in the top 20.. Hmmm...'

Weeelllll, I just need 869 competitors to screwed up BAD to make me number 1 : )

df2333367 (aj901512)
Mar 17 2011 at 09:41
60 Beiträge
RahmanSL posted:


Weeelllll, I just need 869 competitors to screwed up BAD to make me number 1 : )


😁

Clearpaper
Mar 17 2011 at 10:01
95 Beiträge

amelabs posted:
    What gap? This dude lost his money fair and square. That's what you get when you have 5 open trades of 1000 lots each and get a margin call. I guess the stopout level must be 100% or even more.
Clearpaper posted:
    A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down.



I'm not stating that the loss was unfair. And it was likely there was no stoploss set.
The only way you can end up with a negative balance is that there was no price available at the point when the margin call had to be activated, i.e. gap.

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