📉 Lost $18 in One Night Trading $NEWT Futures – Here’s What I Learned
Last night I made a classic mistake—lost $18 trading NEWT token on futures. It wasn’t a huge amount, but the lesson? Priceless. 🧠
📊 The Setup:
I spotted $NEWT pumping on Twitter and thought I could ride the momentum. Opened a 10x long position thinking it would moon. It did, but only after it dipped hard—and liquidated me first. 😅
• Entry: too late
• Leverage: too high
• Risk management: nonexistent
⚠️ What Went Wrong:
• FOMO Entry: I jumped in because of hype, not analysis.
• No Stop-Loss: Rookie move—I trusted the pump
$18 might be small, but that loss saved me from losing $180 next time. Futures trading isn’t just about gains—it’s about protecting capital. Learn from my pain.