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The 3rd week of Sept 2001. 17 MM. Yeah that was a day. A bunch from asset prices. A bunch from Vola. A bunch from interest rate move. Outside of that, never more than typical daily swings.
I should probably add my experience for perspective against wldman's and others'. When I was fresh out of SIM trading in January 2019 I put up back-to-back $800.00 and $900.00 losing days right away, thinking I just had to shake off the jitters. Both losses really only took minutes. I thought losing $1700.00 so easily was a wake-up call and that amount (small in comparison to others) was a major drawdown to me.
I joined FIO shortly after that, in February 2019, and decided I wouldn't do that kind of thing to myself again. I still lose it at times and take stupid losses but I am much better at trading within myself now, due in no small part to the things I learn from this community.
I believe that Danny Riley from Mr TopStep talked about it during one of his FIO webinars. He told the story. He also lost his ass.
Dan, it would be amazing if you would coordinate with Shane (aka @Rrrracer) to do an FIO "An Afternoon With" webinar just to shoot the shit with us fellow members and tell your story. Please do it!
