Most dollar amount lost on a single trade?

I lost $40,000 last month on a short GBP trade. The massacre was spread out over 3 days. I could have bought a brand new BMW.

What's the largest single loss you took? Be honest!

40 grand in a month?? seriously? What was the trade

500,000 +-

1,100 usd on a LONG USD/GOLD trade

the only cool thing was that 900 usd were pure profits... anyways, lesson learned the hard way, this was the 2nd of 3 wipeouts that I ever had on my account...

discipliine and money management is the key, trade to live another day

That was in 3 days on 1 single trade. I was short G/U last month when it rallied...

Big fish.

$1200 back in 2013 i was long dollar against yen

Overnight hedge on EURUSD and GBPUSD - Total loss, just a touch over $8k.

Was looking for a top on EURGBP, once it hit my magical line, I loaded up the boat long on GBPUSD, short on EURUSD...

I was wrong.

Waaaaaaaaaaaay Wrong!

$13,490

Although my risk is fixed at less than 1% I had a trade last summer with a total dollar risk of $17,400 go into profit around $130,000 before quickly reversing and getting stopped out for a full loss so you could say the actual loss was -$147,400......that all happened on 7th August 2013 when the New BOE Governer made his opening speech which started out pretty negative and flipped to positive shortly after.......that was on the short side.....on the positive I was also playing the long side and made around 4 units or $72,000 so it wasn't all bad!

My two worst

Was on a camping trip with school in 2011, was balls deep short EURUSD, huge move higher and had no signal where i was, got back and lost $26k

Second worst, beign short GBPJPY at possibly the worst time, lost $16k in matter of 8 hours.

Thankfully, neither were a great size relative to my account so not too bad.

1200€ was long GBP/JPY january 2013 - a margin call ~10pips over the low......

I typically make money when I'm on vacation or in transit with no internet connection. Last vacation, I was up $20K in the 5 days that I was at a beach resort. I spent most of the mornings on the beach. Didn't care to go back to the room to check on positions.

if your account size is around or more than $400k, $40k loss is understandable in case of black swan event (like with snb). but still, too much to lose in one trade.

$110
i don't feel so bad after reading this thread

Hmm... interesting clue on the origin of the Mingary persona.