How I Recovered an $80,000 Loss by Applying These Strategies
Losing money in the market hurts but losing $80,000 feels like a punch straight to the gut. A few months ago, I found myself staring at my portfolio in disbelief. Years of profit vanished in a brutal series of trades gone wrong. I knew I had two options: give up… or fight back.
I chose the fight. And the weapon? Pure, time-tested chart patterns.
I stopped chasing news hype. I ignored random “signals” from strangers on the internet. Instead, I went back to the roots of technical analysis — the patterns that have been guiding traders for decades.
I studied, memorized, and applied the following strategies:
1. Reversal Patterns – Catching the Turning Points
These saved me from holding losers and helped me ride new trends early.
Double Top / Double Bottom – Signaled clear trend reversals. I learned to short after a Double Top confirmation and buy after a Double Bottom breakout.
Head and Shoulders / Inverse H&S – Perfect for spotting exhaustion in trends and catching the next wave.
Rising & Falling Wedges – Helped me predict breakout direction before it happened.
2. Continuation Patterns – Staying with the Trend
Instead of closing trades too early, I started adding positions when these formed.
Bullish & Bearish Rectangles – Sideways consolidations that gave explosive moves after breakout.
Bullish & Bearish Pennants – My favorite for catching post-breakout momentum.
Falling & Rising Wedges – Confirmed continuation when price squeezed in the direction of the existing trend.
3. Bilateral Patterns – Trading Both Sides
Sometimes the market isn’t clearly bullish or bearish — these patterns let me prepare for both outcomes.
Ascending & Descending Triangles – I placed conditional orders on both sides, catching big moves whichever way it broke.
Symmetrical Triangle – The ultimate “coil spring” pattern. I learned to wait for the breakout and ride it hard.
They are not magic. They work because they are visual footprints of supply and demand battles between buyers and sellers. When one side wins, price moves sharply. The key is to:
Wait for confirmation before entering.
Place stop-losses beyond liquidity zones to avoid getting hunted.
Set realistic targets based on the pattern’s height.
In 3 months, by only trading these patterns, I not only recovered my $80,000 loss but also walked away with a profit cushion. The best part? My trading became stress-free because I had a system — no guesswork, no gambling, just disciplined execution.
📌 Lesson learned: You don’t need 50 strategies to win. You just need a few that you master… and then apply them with discipline.