Yen Flash Crash Costs $14 Million | Forex Factory

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Attachments: Yen Flash Crash Costs $14 Million
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Yen Flash Crash Costs $14 Million

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  • #1
  • First Post: Edited Jan 22, 2019 12:40pm Jan 11, 2019 11:02am | Edited Jan 22, 2019 12:40pm
The funds raised will be used to recover my forex business after losing $14 million during the Yen Flash Crash of Jan 2019.

Net profits were $100,000 daily prior to this Black Swan event.

Ultimately, profits will be utilised in the following order:
1. Re-investment to grow the business;
2. Dividend distributions to GoFundMe donors;
3. Excess profits disbursed to charitable organisations of request.

GoFundMe: https://www.gofundme.com/yen-quotflash-crashquot-costs-14-million

My public profile for further updates: https://www.mql5.com/en/users/bluepanther
  • #2
  • Jan 20, 2019 2:03am Jan 20, 2019 2:03am
Quoting bluepanther
The funds raised will be used to recover my forex business after losing $14 million during the Yen Flash Crash of Jan 2019. Net profits were $100,000 daily prior to this Black Swan event. Ultimately, profits will be utilised in the following order: 1. Re-investment to grow the business; 2. Dividend distributions to GoFundMe donors; 3. Excess profits disbursed to charitable organisations of request. My public profile for further updates: https://www.mql5.com/en/users/bluepanther
I see that you havent lost everything, there is a lot left, so no tragedy at all, it happens.

The real assets you have is your experience in dealing with EA's so this capital can be rebuild pretty quickly. You can use different MM strategies, adjust "aggresiveness" of strategies to market structure and previous behaviour and this combinned with securing part of the funds every month will make you a very, very wealthy man even this year.
  • #3
  • Jan 20, 2019 3:01am Jan 20, 2019 3:01am
When you have lost over 95% of your assets, it does not feel like much is left at all.

I can tell you speak from experience. Since you have succeeded, I hope you can share your success and support my campaign please.

Thanks for your support.
  • #4
  • Jan 20, 2019 3:19am Jan 20, 2019 3:19am
Quoting bluepanther
When you have lost over 95% of your assets, it does not feel like much is left at all. I can tell you speak from experience. Since you have succeeded, I hope you can share your success and support my campaign please. Thanks for your support.
Feeling and reality are two DIFFERENT things.

When you lose life, own or your relative this is final. You lost money, many people lost money, a lot of good traders lost money and then recovered. Some were bankrupt several times. And they survived, bounced back. They focused on what can be done to recover capital and then did it.

Focus on improving your trading, focusing on losses will give you nothing, only depression and worries.

Ask yourself what lesson comes from this situation? What can be done better, differently? I got a training about how to recover after large losses: relax, regain clarity of mind, find the cause of loss, improve system otr change it, restore psychical strength, create a plan of testing and then recovering money. This would be plan in a nutshell.
  • #5
  • Jan 20, 2019 4:05am Jan 20, 2019 4:05am
Quoting Fred-IV
{quote} Feeling and reality are two DIFFERENT things. When you lose life, own or your relative this is final. You lost money, many people lost money, a lot of good traders lost money and then recovered. Some were bankrupt several times. And they survived, bounced back. They focused on what can be done to recover capital and then did it. Focus on improving your trading, focusing on losses will give you nothing, only depression and worries. Ask yourself what lesson comes from this situation? What can be done better, differently? I got a training about...
Yes, a loss of 95% leaves both a feeling of great loss, and the reality of truly a great loss. There is no denying this truth. Add to this fact that the majority of my life has been lost chasing this "dream" and you obviously understand my point well.

I am glad you have recovered.
So since others have helped you, please consider helping me.
It would be remiss for you to provide condescending platitudes and not pay the favor forward to others in need.
Please support my campaign. Thank you.
  • #6
  • Edited 6:16am Jan 20, 2019 5:53am | Edited 6:16am
Quoting bluepanther
The funds raised will be used to recover my forex business after losing $14 million during the Yen Flash Crash of Jan 2019. Net profits were $100,000 daily prior to this Black Swan event. Ultimately, profits will be utilised in the following order: 1. Re-investment to grow the business; 2. Dividend distributions to GoFundMe donors; 3. Excess profits disbursed to charitable organisations of request. My public profile for further updates: https://www.mql5.com/en/users/bluepanther
You want people to donate and fund your trading??
  • #7
  • Jan 20, 2019 5:56am Jan 20, 2019 5:56am
Quoting bluepanther
{quote} Yes, a loss of 95% leaves both a feeling of great loss, and the reality of truly a great loss. There is no denying this truth. Add to this fact that the majority of my life has been lost chasing this "dream" and you obviously understand my point well. I am glad you have recovered. So since others have helped you, please consider helping me. It would be remiss for you to provide condescending platitudes and not pay the favor forward to others in need. Please support my campaign. Thank you.
This is not a rellity, cash until is on your bank account is nonexistent. How much is left on yhe broker account?
  • #8
  • Jan 20, 2019 10:41am Jan 20, 2019 10:41am
Quoting johnsmith2nd
{quote} You want people to donate and fund your trading??
If you are successful, I would appreciate your support to help me get back on my feet.

Quoting Fred-IV
{quote} This is not a rellity, cash until is on your bank account is nonexistent. How much is left on yhe broker account?
Agreed. As I said, I only retained 5%, but in actuality $500,000 of $13.5 million is only 3.8%.
  • #9
  • Jan 21, 2019 4:32am Jan 21, 2019 4:32am
Quoting bluepanther
The funds raised will be used to recover my forex business after losing $14 million during the Yen Flash Crash of Jan 2019. Net profits were $100,000 daily prior to this Black Swan event. Ultimately, profits will be utilised in the following order: 1. Re-investment to grow the business; 2. Dividend distributions to GoFundMe donors; 3. Excess profits disbursed to charitable organisations of request. My public profile for further updates: https://www.mql5.com/en/users/bluepanther
Hey mate,
My kind advice is to stop trading after such a big kinda loss and reconsider of what you doing and what type of trading you are doing. In professional trading to lose 95% is a disaster. I can offer you my mentorship program 1 on 1 (1 month), where I will teach you the things you are missing and where I will teach you my way of doing it and what is most important to teach you to think in terms of odds in trading. For more details about program, you can contact via skype petar.jacimovic is my username.
"Buy on fear, sell on greed !!!
  • #10
  • Jan 21, 2019 8:24am Jan 21, 2019 8:24am
Quoting Petar_Serbia
{quote} Hey mate, My kind advice is to stop trading after such a big kinda loss and reconsider of what you doing and what type of trading you are doing. In professional trading to lose 95% is a disaster. I can offer you my mentorship program 1 on 1 (1 month), where I will teach you the things you are missing and where I will teach you my way of doing it and what is most important to teach you to think in terms of odds in trading. For more details about program, you can contact via skype petar.jacimovic is my username.
I have taken breaks in the past. They achieve nothing. My head is still cool, calm, collected. I can understand if a person seeks revenge trading, but I will manage with what I have retained, and I will take any opportunity that I come across!

The key is not to be too hasty and keep the emotions out of it. Think clearly. Use the same entry criteria I used before.

I got killed by EAs, not by my manual trading. I let the EAs drain my equity, and I did not use a Loss Recovery System to work out of it sooner.
I need to make my money back quickly (but not too quickly), so I cannot afford to take a break now. The Tax Office will be expecting me to pay up in July, so I must accumulate funds to satisfy my tax obligations. No pressure though!

Thank you for the advice though.
  • #11
  • Jan 21, 2019 8:28am Jan 21, 2019 8:28am
Quoting bluepanther
{quote} If you are successful, I would appreciate your support to help me get back on my feet. {quote} Agreed. As I said, I only retained 5%, but in actuality $500,000 of $13.5 million is only 3.8%.
500 k is not bad for a start, so what exactly are you campaigning for? You can still recover your capital and live more or less wealthy.
  • #12
  • Jan 21, 2019 3:21pm Jan 21, 2019 3:21pm
Sorry for your big loss of money!
Instead of giving you money for your wallet, it is no better that you share your excellent trading techniques,
so we can trade and give you some of our profits as a thank you for sharing with you knowledge?
It will be a win win situation where we learn to trade and you get a profit as a thank you? Just an idea!

Best regards
Anders
  • #13
  • Jan 21, 2019 3:32pm Jan 21, 2019 3:32pm
Quoting Fred-IV
{quote} 500 k is not bad for a start, so what exactly are you campaigning for? You can still recover your capital and live more or less wealthy.
You have answered your own question: I would like to recover my capital and "live more or less wealthy".
1% return on $500k is not the same as 1% return on $13M.

Quoting NorthStar
Sorry for your big loss of money! Instead of giving you money for your wallet, it is no better that you share your excellent trading techniques, so we can trade and give you some of our profits as a thank you for sharing with you knowledge? It will be a win win situation where we learn to trade and you get a profit as a thank you? Just an idea! Best regards Anders
I don't have a "super-dooper" secret trading technique. I simply made my own poor attempts at Price Action and got lucky last year with Short CHFSGD and Short EURTRY: look at 4H and Daily timeframes; trade in direction of positive Swaps; look for long-term S/R levels; scale into market when signs of reversal show; hold positions for days and weeks to get the move.

See Justin Bennett's Daily Price Action for a better understanding.
  • #14
  • Jan 21, 2019 3:45pm Jan 21, 2019 3:45pm
Thanks for your fast answer.
Im very curios about the EA you use, because i have tested nearly every one and no one is good.
This is my profile at mql5

https://www.mql5.com/en/users/northstar
  • #15
  • Edited 12:54am Jan 22, 2019 12:05am | Edited 12:54am
Quoting bluepanther
{quote} You have answered your own question: I would like to recover my capital and "live more or less wealthy". 1% return on $500k is not the same as 1% return on $13M.
If I understand properly - you want that someone will give you 13 million dollars to trade further and live wealthy?
  • #16
  • Jan 22, 2019 2:10am Jan 22, 2019 2:10am
Quoting Fred-IV
{quote} If I understand properly - you want that someone will give you 13 million dollars to trade further and live wealthy?
Well , Fred has successfully hit the issue. So Bluepanther , do you ask to FFactory traders making a donation to recover your lost $14 millions ? Yes or no ?
Answer clearly to this question.
  • #17
  • Jan 22, 2019 2:30am Jan 22, 2019 2:30am
Attached Image (click to enlarge)
Click to Enlarge Name: matt.png Size: 87 KB


Interesting profile........

Professional Gambler ???????
  • #18
  • Edited 6:10am Jan 22, 2019 5:46am | Edited 6:10am
Quoting redoktober
{quote} Well , Fred has successfully hit the issue. So Bluepanther , do you ask to FFactory traders making a donation to recover your lost $14 millions ? Yes or no ? Answer clearly to this question.
Well, how clearly does this answer your question?
1) I have created a GoFundMe campaign;
2) I have a public profile on MQL5.com;
3) I have a thread here and at myfxbook.com.

If that isn't a resounding "yes" to you, then I don't know what is.
Besides, I am "putting it out there" - and you don't have to support me if you don't want to.
But I want to support everyone else and help improve the world.
You don't have to believe in karma, but truly you get what you give in life.

________________________________________________________________________________________________________________________________
Quoting Fred-IV
{quote} If I understand properly - you want that someone will give you 13 million dollars to trade further and live wealthy?
If I understand properly - you haven't read past the first line. There are purposes for your contribution, if you but only read further.

Matthew 7:7–8

And no one is forcing you - certainly I am not!
Do you have an issue with me asking for help? I hope not.

________________________________________________________________________________________________________________________________
Quoting AndresSR
Interesting profile........ Professional Gambler ???????
Thank you kindly.

________________________________________________________________________________________________________________________________
Quoting NorthStar
Thanks for your fast answer. Im very curios about the EA you use, because i have tested nearly every one and no one is good. This is my profile at mql5 https://www.mql5.com/en/users/northstar
Indeed, a reliable EA is most rare.
  • #19
  • Jan 22, 2019 6:34am Jan 22, 2019 6:34am
Even though you have 500K, you want people to donate money which you lost gambling so that you can enjoy a wealthy life.

You write that: 2. Dividend distributions to GoFundMe donors;

What when you will lose the money on more time?
Your salary is the bribe they give you to forget your dreams
  • #20
  • Jan 22, 2019 6:53am Jan 22, 2019 6:53am
Quoting horvat
Even though you have 500K, you want people to donate money which you lost gambling so that you can enjoy a wealthy life. You write that: 2. Dividend distributions to GoFundMe donors; What when you will lose the money on more time?
Even though I have $500k, I only ask for the support of generous people.
Your desires are not reflective of mine.
Think first of others, and others will think of you.
I wish you all the best in your life.
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