He lost $10 million yesterday — and no, it wasn’t the market’s fault.

He was a seasoned trader. Smart. Confident. Precise.

But on Binance, one massive mistake wiped him out in seconds.

What happened?

He opened a massive 100x long on a highly volatile coin — without a stop loss.

The market dipped just 1%, and boom — total liquidation.

Why?

Because he traded like a gambler, not like a professional.

No stop loss. No hedge. No risk management. Just ego.

And that’s how the market delivers its harshest lessons.

Here’s how to avoid his fate:

1. Hedge your trades

Open a smaller opposite position (like a short) to reduce your exposure.

If your main trade goes south, the hedge helps cushion the blow.

2. Use a trailing stop loss

It follows the price upward but protects profits when the market reverses.

Set a trailing distance (say, 2%) — it locks in gains without cutting potential too early.

These tools don’t just prevent big losses — they keep you alive in the game.

Do you know how to use trailing stops and hedge positions?

Drop your thoughts below.