From Traderpedia

Definition: Refers to the total depletion of a traders trading account funds.

Doing your arse and blowing up makes or breaks a trader. Always cause for pause while the trader considers his options. A blowout is often a catalyst for a new career, or a renewed approach to the markets if they can find new capital.

Some of the worlds best traders exerienced one or more total blowouts before going on to attaining the success they now enjoy.

[edit] See also

• Did my arse