Overtrading a volatile altcoin after a losing streak, with no size limit and no stop. The math was never going to work. Mike kept doubling his position size after each loss, convinced the next trade would recover everything at once — a classic revenge-trading spiral that turned one bad week into a wipeout.
How I Lost $8,000 in 3 Days
Starting Balance
$10,000
Ending Balance
$2,000
Return
-80%
Duration
3 days
Risk Per Trade
Unlimited
Lesson
A losing streak is a signal to shrink your size, not double it. The market doesn't owe you a recovery trade.
