It may sound hard to believe, but in reality, thousands of traders have fallen into the same trap: illusion after a winning streak.
Try to imagine:
You start with a capital of 500 USD. After 3 consecutive winning trades, your account skyrockets to 5,000 USD. In that moment, you feel euphoric, smiling and saying:
"Trading is as easy as eating candy; why not increase the volume? X20 leverage, all-in at once to get rich quickly!"
But life is not a dream. Just one red candle dropping 2% is enough to wipe out all your capital, erasing all previous achievements. From being a 'big winner', you can return to zero in just a few seconds.
👉 What’s the Lesson Here?
In trading, a winning streak doesn't kill you. What kills you is the illusion of power – the thing that makes you think you are invincible, that the market is under your control.
Why is Illusion Dangerous?
When winning, the brain releases dopamine – the more excited you are, the more you want to repeat that feeling. This is when reason can easily be overshadowed.
Increase volume, increase leverage – you underestimate the risk, thinking you have 'mastered the winning formula'.
A small mistake can turn into a disaster – while you should only lose 2-3% of your account, you can lose everything, 100%.
So What Should You Do to Avoid This Trap?
Maintain discipline: Set a fixed risk ratio (1-3% per trade), and absolutely do not break the rules.
Maintain the volume: Even with continuous wins, do not all-in; consider each trade only a small part of the long game.
Keep a cool head: Remind yourself that 'the market is always right; I am just a tiny grain of sand'.
Conclusion
The admin has experienced this 'pitfall' – and only one complete loss, painful to the core, was enough to be awake to remember it for a lifetime.
Brothers, don’t wait until the market sends you a 'tuition bill' with your entire account before you believe. Learn from this story, keep a cool head, to go the long distance.
If you find this post helpful, remember to follow the admin to read more stories that are both funny and 'crying in Mán language', but all are derived from real hard-learned lessons.