There are no bad coins. Only bad traders. In the trade below, the 0.382 Fibonacci level worked out perfectly. I thought the bounce would happen at 0.618, but nothing happened there. Re-entered at 0.382 - and yes, got the bounce. Then I lost everything back to zero. That's how it goes.

The fear that the bounce would be weak led me to take short positions - and I did that after the trade below had already been closed in profit.

The outcome is obvious: if I hadn't closed the long, the profit would’ve been about four times bigger.