NexusFi: Find Your Edge


Home Menu

 





Hilarious that someone actually accidentally made real money doing this...


Discussion in Off-Topic

Updated
    1. trending_up 2,474 views
    2. thumb_up 4 thanks given
    3. group 3 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 iantg 
charlotte nc
 
Experience: Advanced
Platform: My Own System
Posts: 409 since Jan 2015
Thanks Given: 91
Thanks Received: 1,155

So the story goes.... A guy thinks he is trading on a demo account, but is actually trading on a live account and somehow accidentally gets a 5 billion dollar position open. He ends up make a 12 million dollar profit, but now the trading company says he violated his margin limits, etc, and now the whole thing is in court. Very crazy!

https://www.zerohedge.com/news/2018-06-21/novice-daytrader-mistakenly-trades-live-account-builds-5bn-futures-position-makes


In the analytical world there is no such thing as art, there is only the science you know and the science you don't know. Characterizing the science you don't know as "art" is a fools game.
Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
No book, only a stair: journaling fills where price move …
Cryptocurrency
My Rant with AMP Futures
Trading Reviews and Vendors
[WTS] ATAS Lifetime ULTRA license – EU buyers only – …
Platforms and Indicators
EA
Platforms and Indicators
Bitcoin’s 2022 low, 2025 high and 2026 low so far arou …
Cryptocurrency
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Would you consider buying or leasing an algo?
4 thanks
Big Mike in Ecuador
4 thanks
Trading Journal (Neural Network Production Pipeline Mode …
4 thanks
Trading psychology articles
4 thanks
The Scalpers Journey
2 thanks
  #2 (permalink)
 Arch 
W.Coast, USA.
⍺
 
Experience: Advanced
Platform: Anything
Trading: Emini
Posts: 473 since Jul 2017
Thanks Given: 135
Thanks Received: 451


Quoting 
He told Reuters that he only realised he was trading “live” when he saw he had reached losses amounting to a million euros.

“I thought that it was the end of my life. I thought how am I going to pay back all that?”, Traore said, adding it was then that he decided to try to trade his way back to a profit.

Having succeeded, Traore stayed at home the next day.

- source Reuters.


Reply With Quote




Last Updated on September 22, 2018


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts