How to Avoid Arrogance After Wins: The Victory Trap
Success destroys more traders than failure. After hitting 20x on Peanut and 10x+ on AI meta plays, I almost lost everything by thinking I was invincible.
The Success Trap:
"I Can't Lose" Mentality
After big wins, you start believing you've cracked the code. I began taking oversized positions without proper risk management.
Result: Three consecutive losses wiped out 40% of my gains.
Ignoring Your Own Rules
"Why use 3% position sizing when I'm hitting every trade?" This thinking almost destroyed my account.
My Anti-Arrogance System:
Force Position Size Discipline
Even after massive wins, I never exceed predetermined limits. The $BTC trade that could have made me "set for life" was sized like every other trade.
Document Luck vs Skill
I keep a brutal journal separating genuine skill from market timing luck. About 30% of my big wins were just being in the right place at right time.
Weekly Reality Check
Every Sunday, I review what could have gone wrong with winning trades. Keeps me grounded on how thin the line between genius and disaster really is.
Size Down After Big Wins
Counterintuitively, I reduce position sizes after major victories. Success breeds recklessness faster than failure breeds caution.
The market rewards humility and punishes arrogance with mathematical precision. Stay hungry, stay humble.
What's your biggest struggle after winning trades?