🔍 What happened in this trade (XRP/USDT COIN-M Futures):

Leverage Used: 100x (very high risk)

Pair: XRP/USDT

Chart Timeframe: 12h

Market Drop: From ~3.66 to 3.22 (strong bearish candle)

You were likely holding a long position (buy), expecting XRP to go up, but instead the price dropped sharply after hitting 3.66. You were liquidated or closed the trade with heavy loss.

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💸 Why You Lost $200:

100x Leverage: Means even a 1% drop = 100% loss of your capital.

XRP dropped over 8%, which = 800% effect at 100x leverage.

Your margin was wiped out fast, and since your balance was low, you lost everything in seconds/minutes.

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🧠 Lessons from This Loss:

1. 100x leverage is too risky — it's gambling, not trading. Use max 10–20x if you're learning.

2. Always set a stop loss and take profit target.

3. Don’t go all-in — use small positions with controlled risk.

4. Watch candlestick reversal signals — a sharp rejection from 3.66 warned a drop was coming.