Revenge trading after a single bad fill turned one mistake into the whole account, in under an hour. Alex held a losing position well past his stop, then averaged down twice more trying to force it back to breakeven.
My Account Went to Zero
Starting Balance
$3,000
Ending Balance
$0
Return
-100%
Duration
1 hour
Risk Per Trade
No stop used
Lesson
A stop loss you ignore isn't a stop loss. The rule only works if it's non-negotiable.