Hello everyone, this is my first post here. I usually just peruse various forums to see what other traders are up to. I couldn't pass this one up.

The kid went long 10 ER2 contracts Friday eve. If you check out his earlier videos on his blog, you'll hear his software telling him to stop out at a $7k loss. Unfortunately, he didn't stick to his plan and went for a $30k loss.

Language warning, the F word is used quite frequently.
http://www.youtube.com/watch?v=rCtQL5b_rCM



Safe trading,
Jeff

thanks for the post Jeff, that's what happens when you don't stick to your plan. $7k was also a big loss, but much smaller then 30k. Good lesson for us.