📉 My $STAR trade autopsy
Sep 12: Longed STAR at 0.0559, sold at 0.0598. +$66. Felt like a genius. 🧠
Sep 15: Bought again at 0.0449. It dipped, so I averaged down at 0.0429. Classic.
Sep 16, 03:42: Cut the loss at 0.0403. -$183. Painful, but the right move.
Sep 16, 04:08: 26 minutes later I jumped straight back in, long at 0.0412 with ~10x. Revenge trade. 😤
Sep 17: STAR hit 0.0371. Liquidated. -$75 more. 💀
Total damage on $STAR : about -$193 including fees and funding, after starting the week +$66.
What actually killed me wasn't the coin, it was the 26 minutes:
❌ Averaging down a falling futures position
❌ Re-entering right after a stop-out, just to "win it back"
❌ 10x on a small cap that can move 10% while you sleep
The stop-loss at 0.0403 was the one good decision. Then I undid it.
New rule: after a stopped-out trade, no re-entry on the same coin for 24h. 🔒
Anyone else been got by the revenge trade? Tell me I'm not alone 👇
$STAR $BTC
Sep 12: Longed STAR at 0.0559, sold at 0.0598. +$66. Felt like a genius. 🧠
Sep 15: Bought again at 0.0449. It dipped, so I averaged down at 0.0429. Classic.
Sep 16, 03:42: Cut the loss at 0.0403. -$183. Painful, but the right move.
Sep 16, 04:08: 26 minutes later I jumped straight back in, long at 0.0412 with ~10x. Revenge trade. 😤
Sep 17: STAR hit 0.0371. Liquidated. -$75 more. 💀
Total damage on $STAR : about -$193 including fees and funding, after starting the week +$66.
What actually killed me wasn't the coin, it was the 26 minutes:
❌ Averaging down a falling futures position
❌ Re-entering right after a stop-out, just to "win it back"
❌ 10x on a small cap that can move 10% while you sleep
The stop-loss at 0.0403 was the one good decision. Then I undid it.
New rule: after a stopped-out trade, no re-entry on the same coin for 24h. 🔒
Anyone else been got by the revenge trade? Tell me I'm not alone 👇
$STAR $BTC