Trading can feel like a game of survival. For people like me, it's often less about profits and more about making it out without losing everything. But this time, I didn’t make it out.
In recent weeks, I shorted Ethereum at $2800 and closed at $2760. Then again, I shorted at $2640 and closed at $2573. Once more, I went in at $2564 and exited at $2520. All these trades brought small profits. I felt like I was finally understanding the rhythm of the market.
But that confidence was short-lived.
I bought at the dip around $2415, believing it was the bottom. Ethereum dropped further. I bought more at $2360, thinking it couldn’t go any lower. That was my final mistake. The market kept falling. I watched my positions collapse. My entire capital — everything I had built up — was wiped out.
And now… I’m left with nothing but regret.
This is not just a story about losses. It's a reminder. A reminder that the market has no emotions. That confidence can easily turn into overconfidence. That no matter how good a trade looks, risk management is the only thing that protects you from ruin.
I write this not to gain sympathy, but to warn others who might be on the same path. Learn from my mistakes:
Don’t keep averaging down without a clear exit strategy.
Don’t let small wins blind you to bigger risks.
And never, ever trade with money you can’t afford to lose.
To everyone out there trading — stay humble, stay safe.
— By someone who learned the hard way