Hi Sundance
Yup, saw it about 6 times!
The guy seriously lost it but those trades could have worked out for him if only BB had kept sending him margin, and then the earthquake didn't help his positions much when the Nikkei dropped 1000 point! Jeez, can you imagine being long when that happened!
If Barings had closed out all the positions as soon as they discovered the 88888 account, or carried on averaging, they would still be in business today. As it is they waited too long before taking action.
I wonder where the guy is now.....wait a minute....he's not my mate autofx is he
Mick