You are only as good as your last trade

So goes the saying. Mega trading losses even happen to the best of the 'Experts', even super speculators like George Soros can experience humungus losses from one trade. As small speculators, you are different from these corporations. They are trading with OPM (Other People's Money) and their capital base is large to absorb these losses. All else fails then they can turn and ask for a bailout form the government.

Moral of the Story: Don't go for broke, lest you become a statistic...