When someone takes an order, they make a profit; when there is a loss, it's their own doing.

Liangxi's leveraged trading leads to a $1 million loss with 50x leverage, and the trade went wrong~

Liangxi blew up again! Using 50x leverage, a $1 million liquidation occurred, and an additional personal loss of $1 million, totaling a collapse of $2 million.

The profits from last night will be gone in less than two days at this rate!
How did this operation go wrong? Let's quickly analyze the lesson!
The truth behind the liquidation

Failed trade: Liangxi led fans to trade contracts, opening a $1 million position with 50x leverage, suspected of chasing long positions and facing liquidation, resulting in fans suffering heavy losses.

Self-loss of $1 million: Personal positions collapsed simultaneously, with $2 million evaporating in an instant, turning yesterday's profits into bubbles.

Background: The market is extremely volatile, and Liangxi's aggressive style has once again led to a failure.

50x leverage perspective

High risk: At 50x leverage, a 2% fluctuation (about a few thousand dollars) leads to liquidation, and Liangxi's directional bet went wrong in an instant.

Trading style: Turning thousands into millions at 17, making $300 million in 72 hours at 23, he became famous for his gambling nature, but also fell due to it.

Lesson: Leading trades amplifies risk, fans following suit become cannon fodder, and it’s hard for oneself to escape disaster. Insights

Insight: Maximum 50x leverage, or it gets faster!

Recommendation: Leading trades carry high risks; retail investors should not get carried away, and high leverage is a graveyard.

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