$BTC $XRP $XRP
**This is a true story that happened to me about 7 years ago… I lost more than 4500 dollars! 💥**
When I started trading, I was only focused on Bitcoin.
I was learning and experimenting for many long months, opening trades with very small amounts for practice, then after weeks of learning, I decided to start my real journey with a capital of about 300–400 dollars (to be honest, I don't remember the exact number).
At first, I was opening trades of only 1–2 dollars, and I was very cautious… and the surprise? 95% of my trades were successful!
I was shocked: I'm not a professional! Yes, I learned, but I'm not an expert… and after just one month, the 300 dollars turned into 900 dollars! 😱
I was very happy, even though I wasn't sleeping well because I was monitoring my trades all the time, and that was a big mistake.
**Then the problem came…**
I started to trust myself too much (and that's the worst thing in trading!).
I told myself: Why not become a millionaire before the end of the year? and I started increasing the value of my trades.
In just one week, the 900 turned into 1600 dollars! and by the end of the month, I had about 3500 dollars! 🤯
The third month… I began opening trades of no less than 300–400 dollars!
I felt like I was the “king of trading”…
**Then came the black day.**
I opened a 300 dollar trade (short), and it started losing: -50, -100, -200…
I didn't set a stop loss, because I was monitoring everything myself, and that was the biggest mistake.
24 hours passed and the trade was in the red, then 48 hours and my loss exceeded -1000… so what did I do?
I added 1000 dollars