He didn’t lose $10 million because of the market — he lost it because of his ego.

This guy was a seasoned trader. Confident. Fast. But yesterday on Binance, he made a massive mistake:

100x leverage, no stop loss, and a highly volatile coin.

The market only dropped 1%…

And boom — his entire position got wiped out.

That wasn’t trading.

That was gambling.

No hedge.

No stop loss.

No backup plan.

And the market?

It delivered a harsh lesson — instantly.

Here’s how to avoid the same fate:

1. Hedge your trades

Open a smaller trade in the opposite direction (like a short).

If your main trade fails, the hedge reduces your losses.

2. Use a trailing stop loss

Let your profits grow while protecting them.

Set a trailing stop (e.g., 2%) so it follows your gains and closes before a big drop.

These aren't just features — they’re your trader survival kit.

Want to master them?

Comment “TEACH ME” and let’s improve your trading game together.