Lost $1300! This decision in a second turned me from a genius into a joke

I once thought I had found the 'Holy Grail' for making big money, but it ended up costing me a tuition of $1300.

For several days, I had been studying the trends of a certain cryptocurrency. The charts and signals were all hinting at an impending crash. I was waiting to short it, ready to strike.

The opportunity finally came, and I acted decisively; the timing was perfect, the direction was right, and the price really started to drop.

But instead of making money, I was completely wiped out.

The problem wasn't my judgment, but the fact that I used extremely high leverage. As soon as the price fluctuated a little, I was forcibly liquidated, without even having time to react.

Not willing to give up, I tried again. The direction was still correct, but again I was liquidated.

I didn't even have a chance to fight back; I could only watch helplessly as the price continued to drop, validating my originally correct analysis.

At that moment I realized: Without proper risk management, even if you see everything clearly, you can only be a spectator.

Real trading is not a gambler's game.

Don't let greed blind you, and don't sacrifice reason for quick money.

The market can indeed make people rich, but it is even better at punishing ignorance.