Liangxi's liquidation didn't surprise me at all: you use emotions to fight against the trend, and the market will only make you die faster
"I lost ten million dollars, I'm going to jump off a building."
In May, a sensational post from Liangxi exploded in the cryptocurrency world. He revealed that he shorted BTC, increasing his position from 100,000 to 107,500, holding 2,000 short contracts with a position of 200 million dollars, almost entirely liquidated.
It looks like a disaster suddenly struck. But was it really "sudden"?
No. This liquidation was ignited by him. Shorting at the top of a bull market, using leverage to average down, three days without sleep, relying solely on emotions to place orders is not trading, it’s gambling. It’s not rational; it’s obsession.
Liangxi is not a novice; he has made impressive trades and accumulated influence. But he never escaped the most fatal trap for traders: treating "faith" as a stop-loss mechanism. Treating "fan collaboration accounts" as chips to prolong life. He thought he was fighting a battle, but he was actually just gambling on one thing: that the trend would be kind to him.
But the market won’t let you off just because you cried, are tired, or are in pain. It’s not a place for you to vent your emotions; it’s an arena of logic and discipline. The more you refuse to accept it, the more it will cut you.
Liangxi's failure is the coldest lesson for all emotional traders. His pain deserves respect, but his fate was already sealed. What’s even more terrifying is that he is not sinking alone, but burying a group of people who trusted him alongside.
May we all remember this saying: you can have emotions, but you cannot place orders based on emotions. Otherwise, you are not trading; you are gambling your life against fate.
