Will some ever learn ? Stay with Spot trading and diversify your portfolio, much less risk. Futures trading etc. is an extremely high risk trading method.
imsaga
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He Lost $1.5 Million in Seconds — And It Wasn’t the Market’s Fault ⚠️ This isn’t some beginner mistake.
A sharp, experienced trader just lost $1.5M on Binance — not because of a market crash, not because of bad luck… But because of one big ego-driven decision.
He went 75x long on a highly volatile coin. No stop loss. No hedge. Just pure overconfidence.
The market dipped 1% — and boom. Full liquidation. His entire position was wiped out in seconds.
Why? Because he didn’t trade with a plan. He traded with pride.
Let this be your reminder: Even the smartest traders fall if they ignore the basics.
Here’s how you can avoid the same fate: ✅ Use a Hedge Open a smaller trade in the opposite direction (like a short). If your main trade goes south, the hedge helps soften the blow.
✅ Set a Trailing Stop Loss This tool moves with the market and locks in gains. If the trend flips, it closes your trade automatically — before things get ugly.
These two simple steps could’ve saved him. They can save you too.
Be smart. Protect your capital. Don't let one moment of overconfidence cost you everything.
👉 Do you use stop losses or hedging when you trade? Let’s share and learn in the comments.👇