I blew up my options trading account in Jan 14.
How is life after that? Am I still trading? Some friends would ask.
Yes, I am. In fact, I resumed trading within a week. I topped up the account with US$10,000, a far cry from the amount I have lost.
I wasn’t used to the trade size at first and I fully understood how Tom Yuen felt when he resumed trading after his blow up. It was really negligible amount that you do not feel like trading. There is no kick to an alcoholic who could only drink a sip of beer.
But this is a punishment. Because I could not handle a big capital with my emotions acting up, so I must trade small. As the saying goes, “great powers come with great responsibilities”. I can also say, “large capital come with great emotional control”. It is not how ......