My entire body is numb. I was a Tim Sykes Challenge student up until two days ago. After a year of studying and learning from @timothysykes and Nate at @InvestorsLive, I was on my way. The past 8 months, I have been consistent with my trades, taking every precaution I had learned in the challenge program. I have been relentless in learning, listening to each @chatwithtraders interviews two and three times, learning from other great traders including @kroyrunner89, @SJosephBurns and @AT09_Trader and so many others. Although I've never met any in person, I feel like they are family giving advice and support to succeed.

Tim Sykes believes in transparency, as hard as this is to write and post, I'm hoping to learn more by doing so.

And then it happend, with one quick overnight hold, I experienced feelings I've never felt before. I had a short position in KBIO with a descent risk reward that appeared to be OK into the closing bell. Just 9 minutes later, my 11k account I had built up over the past 8 months was swept away in a matter of minutes. With my body numb, my pale ridden face stricken with fear and my gut knotted into the biggest tangle you can imagine, I crawled up the stairs to somehow relay this to my loving wife. I couldn't breath, the words would not come out of my mouth as hard as I tried. I had to motion her downstairs to the computer where the horrible 6 figure red numbers popped out like a soar thumb.

I am so lucky I have such a loving supportive wife. As she cradled me, assuring everything would be alright, it tore me apart. I contacted etrade to way my options, wanting to hold till morning for even the slightest pull back to somehow lesson the debt. After talking with etrade, asking to hold, I saw the orders coming in to cover my position. They did not give my the chance to hold o/n and liquidated my position. as I write this morning, I see the pull back and what could have been tens of thousands less debt. With a final Margin call of $50,809.72, I am with out words.

Nothing could have prepared me for this, I now know what it feels like to blow up an account and I cannot get it out of my head. I want to wake up from this nightmare with lessons learned, but reality has set in and I'm trying to be strong and handle it.

I am still waiting for etrade to call back with options, as we do not have funds to cover this tragic loss. And that's just how I feel, like I lost a love one and can't figure out reality inside my head.

With my Challenge Student year over, I was just about to extend the silver package as to continue in the chat room, but I do not even have funds to do that.

If there is a bright side to this, with the consistent profits I have been making, I feel the only way dig out of this hole is to continue trading. Don't give up. It will push my plans of full time trading back a few years, but if I stick to the game and use any and all profits toward this tragic loss, that's what needs to be done.

I have to start from ground zero, with a tiny account from funds that do not exist, and begin my quest to get out of this hole.

This has to be the hardest experience I have ever felt and only hope I'll have the strength to push on.

A few lessons learned from this, and the biggest for me would be to NEVER take your eyes off a position until your out. Even a stop loss would not have helped since after hours.