Ever been all in?

tomorton

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Have you ever gone all in on one trade?

What made you do it? How did it turn out?

Would you do it again? Under different circumstances?
 
Have you ever gone all in on one trade?

What made you do it? How did it turn out?

Would you do it again? Under different circumstances?

This is more of a phraseology for Poker than trading. All-in on one bet???

Ultimate end to all-in's even if with a good run of successful winning hands is an ultimate eventual losing hand.
 
quite a few times when I knew no better. But for me its buying as many shares in a company that maxed out my capital. so of course not leveraged and in which case less risky? (that was my thought process anyhow)
the company would have to clearly go out of business for me to actually lose out. if it goes down, its a waiting game in the hope it went back in my favour. I can see the error of my ways of course, but I did indeed walk away with quite a sum those few times

leveraged, I have gone way above what i should have, to a point where I literally threw up when price went against me. lost a lot, and won a lot but more importantly learnt a lot certainly not to do it again
 
Went all-in on my ISA on Barclays mid-Jan 2014, lowered my average again and again until I was out of dough, finally got out early 2015 for a measly profit after tying up my savings for well over 12 month, doh!

Closest I got to a balls-to-the-wall day trade was earlier this year, I did £170/point on the ftse, stop of 10, limit of 10 - felt fairly confident as she was ranging quite nicely at the time - and I'd had a good morning so far that day. Fired it off, went upstairs to make a coffee and came down 5 minutes later £1.7k better off... obviously I've been giving it back ever since :)

I'm going to try this "max leverage" approach in the 2016 with some "play money";
http://www.forexfactory.com/showthread.php?t=444377
 
Have you ever gone all in on one trade?

What made you do it? How did it turn out?

Would you do it again? Under different circumstances?

Well anyone who had is in the wrong business tom ;)

This game is all about finding an edge and then playing the long % game

N:smart:
 
Went all-in on my ISA on Barclays mid-Jan 2014, lowered my average again and again until I was out of dough, finally got out early 2015 for a measly profit after tying up my savings for well over 12 month, doh!

Closest I got to a balls-to-the-wall day trade was earlier this year, I did £170/point on the ftse, stop of 10, limit of 10 - felt fairly confident as she was ranging quite nicely at the time - and I'd had a good morning so far that day. Fired it off, went upstairs to make a coffee and came down 5 minutes later £1.7k better off... obviously I've been giving it back ever since :)

I'm going to try this "max leverage" approach in the 2016 with some "play money";
http://www.forexfactory.com/showthread.php?t=444377

Good luck with that........give my regards to The black swan when you see him :cool:
 
Well anyone who had is in the wrong business tom ;)

This game is all about finding an edge and then playing the long % game

N:smart:


I have heard of people doing this, but I'm not 100% sure its not just an urban myth. Thing is, if you did this, it would turn out either incredibly well or incredibly badly.
 
Went all-in on my ISA on Barclays mid-Jan 2014, lowered my average again and again until I was out of dough, finally got out early 2015 for a measly profit after tying up my savings for well over 12 month, doh!

Closest I got to a balls-to-the-wall day trade was earlier this year, I did £170/point on the ftse, stop of 10, limit of 10 - felt fairly confident as she was ranging quite nicely at the time - and I'd had a good morning so far that day. Fired it off, went upstairs to make a coffee and came down 5 minutes later £1.7k better off... obviously I've been giving it back ever since :)

I'm going to try this "max leverage" approach in the 2016 with some "play money";
http://www.forexfactory.com/showthread.php?t=444377


That's pretty damn close - £170 / FTSE point is over a million quid.
 
I went to a few IG seminars last year and on both occasions the analysts stated that those deemed "successful" did bet big but infrequently, effectively sitting on their hands waiting for those elusive high probability setups to arrive. Maybe not "all in" but big is certainly going to be bigger than 1-2% of their account I would imagine?

I would say a large part of the allure of trading is making big money, then sitting on a beach enjoying the fruits of your labour for X months of the year. But too often the long % game boils down to sitting day in front of your screens day in, day out, risking 1 or 2% of your account - which defeats the point no? Might as well get a "normal job" where you can enjoy the office camaraderie, long lunches and the Xmas party no if you want to do a 9-5.

Who is the more successful trader, the guy who grows his account at 2-5% a month or the guy who happily sits on his hands and only trades 2 or 3 times a year and doubles his account each time he trades?
@NVP I will certainly give your regards, but if I stick to the money management in that FF thread it shouldn't be a problem :innocent:
 
No, I've never gone all in, no matter how sure I was about a certain trade. I'm generally a very cautious person and I don't like taking unnecessary risks, even if it means making a smaller profit.
 
I think i was once around the 9/11 time.I was short £10 per point on the ftse on a 10k account.To cut a long story short the account went from 10k to 13 and then to 7k in the space of about 1 week.i cant remember if i added to the position or not-I received several e mails about adding more money to the account that i now know to be margin calls.The account amazingly went back to 10k again and i pulled out.I was very green at the time so im assuming that was an all in move.A very stupid position to be in and a good learning curve.I also remember that the dow was locked down for days .Its funny as im now looking at positions of 50p per point-scaling up in increments and peeling off
 
If you want to bet big then the best way is to purchase some far out of the money options ... Doing it on the outright - buy dow ... etc - isnt worth it ...
 
911 occurred on a Tuesday and I have no prices on Sharescope Gold for the Dow for that day or the rest of the week. The following week all 5 sessions were negative but they eventually printed a bottom that stood until July the next year.

Interesting that the Dow was so negative prior to 911 no EOD traders should really have been long into the attacks. The % fall from the May high was actually greater than the fall after 911.
 
I have not all in in single trade but just added lots as price went agains my trade hoping that the direction would change.
FInally margin call hit my account and that made an end to my second live account :(
 
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