I've been liquidated four times in the market.
Yes, four times, and each time I thought this was the last fall, and the last time I would fall into the same trap... but unfortunately, each time I repeated the same mistakes, but with a bit more confidence. People like to call it "beginner's mistakes", but I see it as beginner's blunders; however, it becomes disasters when committed by a professional.
And unfortunately... I was one of those who dealt with the market with confidence, but without wisdom.
Excessive confidence
The thing that killed me the most was excessive confidence.
After the first trade I won well, I felt I understood the market, and I started to see myself as smarter than others.
I entered bigger trades, used higher leverage, and with every small profit... I increased the bet.
But the market doesn't joke, and the more my confidence increased, the harder the fall became.
Inability to accept loss
I know when you enter a trade and losses start to appear, you tell yourself: "Surely the price will return, this is just a corrective move... I'll wait a bit."
And the account is bleeding... and you can't press the exit button.
I never accepted loss.
I saw it as an insult, not a possibility... and this was one of the biggest disasters.
The revenge return
Did you lose? Yes.
So what's the solution? Go back to the market and take revenge!
Open a bigger trade to compensate for everything that was lost.
But instead of compensating... I lose more.
Revenge on the market is not a strategy... it's a recipe for bankruptcy.
And this is a lesson I learned too late, unfortunately.
The pursuit of perfection
I was always looking for a strategy that doesn't lose.
Every time I lose a trade, I say: "There must be something wrong with this strategy."
And I start over... and waste months of analysis and experimentation on mirages.
The problem? The market will never give you 100% success.
Even the best traders lose... but they handle loss correctly.
💬 The conclusion?
I'm not regretful that I lost... I'm regretful that I wasn't honest with myself.
I regret not accepting loss, that confidence deceived me, and that the pursuit of perfection weakened me.
Today, I'm learning.
Not just how to win, but how to lose wisely, how to stop the bleeding before it turns into destruction.
And if you're starting now... take it from me:
Loss is not the end, but it is the beginning if you know how to deal with it correctly.
