DaVinci Trader

All of us have our trading horror stories... Let me share two of mine. My trading strategy appeared on EURCHF for a sell trade. I entered the trade and in the middle of the night the Swiss decided to peg their currency to the Euro at 1.20. I was short at 1.03. Price shot to 1.20 in seconds, gapped over my stop and I lost 90% of my account. My second horror story was when Oil traded to -$40. That is $40 below zero. How could one person happen to be in those to epic disasters? Luck. LOL. It took me 18 months to recover from the EURCHF trade. I am currently recovering from the Oil losses. Why do I know I can recover? I keep my trading simple.

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