$SOL
The big loss is not bad luck , this is a bill of mistakes paid in advance 🔞
Look at the numbers and you will understand everything: the trader entered Long on SOLUSDT from an entry point 90.2347 with leverage 5X, and the current loss -141,791.23$ at a rate of -50.07%. And on XAUUSDT he entered from 4,628.32 with leverage 41X and lost -6,325.17$ at a rate of -85.37%. A total that hurts: more than 148 thousand dollars flew away
What destroyed the account?
_Suicidal leverage + huge size_: SOL with a size of 1.4 million$ and XAU with 41X. 41X leverage means a candle of 2.4% only zeroes your account. This is not trading, this is gambling
_Entry without stop loss_: Look TP/SL written 200.0000 / -- means he has no Stop Loss. He defied the market and said "it will come back". SOL dropped from 90.2347 to 81.79 and the market did not come back for him
_Greed and wrong averaging down_: Two B marks on SOL chart means he entered once and twice while the price was falling. Every time it fell he increased, so he lost more. Averaging down without a plan = slow suicide
_Ignoring risk management_: Margin Ratio 1.71% means one step away from liquidation. When you let your account breathe with difficulty, the first strong candle will kill it
The harsh lesson: the market did not take 148 thousand$, you handed it to it. The money is gone, but if you learned the lesson then this loss will become the most expensive course you have taken
From today: your next entry point = plan + stop loss + size that does not destroy you if you are wrong 🤔
The question: will you learn from a bill of 148 thousand$ or will you write a second bill?🧐