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View Poll Results: At what age have you/will you be FIRE (no 9-5 job)?
Under 30 1 0.53%
30-40 10 5.29%
40-50 49 25.93%
50-60 118 62.43%
60+ or never 11 5.82%
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Old 02-25-2012, 06:16 PM   #41
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Originally Posted by Retire Soon View Post
Congratulations, you can now see the light at the end of the tunnel!
As long as it's not some git with a flashlight bringing you more w*rk.

Retired in Jan, 2010 at 55
Now it's adventure before dementia
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Old 02-25-2012, 07:49 PM   #42
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Originally Posted by Alan View Post
As long as it's not some git with a flashlight bringing you more w*rk.
What's a git?

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Old 02-25-2012, 07:51 PM   #43
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Originally Posted by pb4uski View Post
What caused you to put on the short?
Nothing in particular, after the 5 year bull run most traders were expecting a 5-6% correction. I would try to stay net short until the weekend when the banks required I cover and then start short again on Monday. IF I had caught most a 5% (using maximum leverage) down move over the course of 2 weeks I would have been very pleased with the results. I did not catch the whole -22% downward move, but with it all margin-ed, I did not have to. In the end it was just dumb luck, likely never to be repeated and so I closed shop and figured I would do something else. I had several successful and several unsuccessful ventures afterwards but never another multi-million dollar payday!

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