Post
Topic
Board Trading Discussion
Re: How I flipped a $100 trading account to zero.
by
Ahli38
on 15/07/2025, 07:56:03 UTC
Yes you read the topic right! Cheesy The biggest lessons are learnt from failure. Too many times, new traders are interested in how a trader turned a $0 account into a huge amount, but not how a trader lost all their deposit to bad trading. As a lesson to the few who do not already know this, I am sharing my experience on trading, and how I rekt my account earlier when I started trading.

  • Going against the trend
Many traders do not really understand how important this is, if you go against the trend the chances of failure in trading is high. This is why identifying the trend for the day is one of the most important aspects of trading and it should be something that every new trader should do before choosing or making trending decisions. Identifying the trend should be simple, just find the Higher highs and higher lows, or the lower highs and lower lows etc.

  • Revenge trading
I lost some money, decided to chase the market to make it back.

  • Trade everyday
Because of the plan to flip my account, I was always in the market, looking for positions to take. Even on the weekends where trading is risky, and false moves can be much, I did not give myself a break.

  • Trading every coin instead of choosing a few that I could understand their movement

Those are the few lessons I learnt from failure, what did you learn?
I like all the points you've made. I've experienced all of this myself in my early stages of crypto trading. It's clear that as beginners, we often become more egotistical when assessing market sentiment. However, analyzing the market is better if we think openly and approach it with a universal perspective. That means looking at it from various perspectives, not just our own. From there, we can begin to understand the market's rhythm. Sentimental analysis is very useful when we have clear data from technical and fundamental analysis. And with sentiment analysis, we can more clearly assess the market's direction.

I used to trade solely relying on technical and fundamental analysis. But I actually failed several times. For example, when positive news seemed like it would lead to a bullish trend, the market actually turned red. I misjudged and mistimed it. I didn't realize I was still in a bearish cycle, where positive news only causes a slight price increase, only to crash even harder. In a bearish market, positive news is often used as bait to temporarily increase prices. Then, people who want to sell large amounts of coins wait for a slight uptrend, then sell, and the price plummets. If I had been familiar with sentiment analysis, I might have been better able to understand market trends. But all of this gave me valuable experience and lessons that I still use today.