Lost 170,000 U—down from 200,000 U to just 30,000 U! The most ironic part is that he’d been right about the market several times before!
I know someone who trades futures. Two years ago, he had 200,000 U in his account. In the end, he was left with just 30,000 U.
What hurts most? He didn’t lose to the market—he lost to himself.
Once, he predicted a downturn in advance, and sure enough, the market fell. His direction was absolutely right.
So what happened? He entered too early, couldn’t stomach the unrealized losses, added to his position, and eventually got liquidated.
Only after he was forced out by liquidation did the market start falling in the direction he’d predicted.
That was when he finally understood: being right about the market doesn’t mean you’ll make money!
When he reviewed his trades later, he realized he’d been making four fatal mistakes:
First, he wasn’t calculating his true average entry price when adding to his position. He thought he was lowering his cost basis, but in reality, his position kept getting bigger.
Second, he fantasized about compounding every day. Making 1% a day on 100,000 U sounds like it could grow tenfold in a year, but real life isn’t a calculator. Just a few consecutive drawdowns can wipe out those gains.
Third, he focused only on his win rate, not his risk-reward ratio. He couldn’t hold on to his winners, but stubbornly held onto his losers. Ten wins weren’t enough to make up for one loss.
Fourth, he kept increasing his leverage. What began as being wrong about one move ended with him losing his entire account.
$SKHYNIX
But what really surprised me was what happened next.
He stopped chasing 100x leverage and gave up on trying to win back 200,000 U in one shot.
Instead, he started reducing his position sizes, sticking to strict stop-losses, and cutting out unnecessary trades.
He used to try to place more than a dozen trades a day. Now he’d rather stay out of the market and wait for an opportunity.
He finally understood: the most expensive lesson in futures trading isn’t how much money you lose—it’s losing so much and still not knowing why.
I’ve always believed that trading isn’t about who’s the boldest; it’s about who can last the longest.
If you’re trading futures too, don’t rush to ask how much the next move will rise or fall.
Ask yourself first: if your next trade is wrong, can your account withstand it?
A true pro makes money from their knowledge and protects their principal. $NVDAB
If you’d like to talk about practical trading strategies, position management, or entry and exit logic, come chat with Wei.
The market offers opportunities every day. Only those who stay in the game are in a position to wait for the next one. @知薇掌盘
I know someone who trades futures. Two years ago, he had 200,000 U in his account. In the end, he was left with just 30,000 U.
What hurts most? He didn’t lose to the market—he lost to himself.
Once, he predicted a downturn in advance, and sure enough, the market fell. His direction was absolutely right.
So what happened? He entered too early, couldn’t stomach the unrealized losses, added to his position, and eventually got liquidated.
Only after he was forced out by liquidation did the market start falling in the direction he’d predicted.
That was when he finally understood: being right about the market doesn’t mean you’ll make money!
When he reviewed his trades later, he realized he’d been making four fatal mistakes:
First, he wasn’t calculating his true average entry price when adding to his position. He thought he was lowering his cost basis, but in reality, his position kept getting bigger.
Second, he fantasized about compounding every day. Making 1% a day on 100,000 U sounds like it could grow tenfold in a year, but real life isn’t a calculator. Just a few consecutive drawdowns can wipe out those gains.
Third, he focused only on his win rate, not his risk-reward ratio. He couldn’t hold on to his winners, but stubbornly held onto his losers. Ten wins weren’t enough to make up for one loss.
Fourth, he kept increasing his leverage. What began as being wrong about one move ended with him losing his entire account.
$SKHYNIX
But what really surprised me was what happened next.
He stopped chasing 100x leverage and gave up on trying to win back 200,000 U in one shot.
Instead, he started reducing his position sizes, sticking to strict stop-losses, and cutting out unnecessary trades.
He used to try to place more than a dozen trades a day. Now he’d rather stay out of the market and wait for an opportunity.
He finally understood: the most expensive lesson in futures trading isn’t how much money you lose—it’s losing so much and still not knowing why.
I’ve always believed that trading isn’t about who’s the boldest; it’s about who can last the longest.
If you’re trading futures too, don’t rush to ask how much the next move will rise or fall.
Ask yourself first: if your next trade is wrong, can your account withstand it?
A true pro makes money from their knowledge and protects their principal. $NVDAB
If you’d like to talk about practical trading strategies, position management, or entry and exit logic, come chat with Wei.
The market offers opportunities every day. Only those who stay in the game are in a position to wait for the next one. @知薇掌盘
