Ego Wiped Out His Trading Portfolio

in Freewriters4 months ago (edited)

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Jack wasn’t the type to take wild risks. When he first stepped into the world of crypto trading, he had one goal: make small, consistent gains. He wasn’t looking for overnight riches, just steady progress.

At the start, he followed his rules religiously. A 2 to 5 percent profit per trade was enough for him, and he never pushed beyond his comfort zone. His fear of losing money kept him disciplined. He used low leverage, set strict stop losses, and never let greed control his decisions. His method worked. Week after week, his portfolio grew. Slowly but surely, his confidence got stronger.

But as the months went by, something changed. His account was growing, and so was his ego. The cautious trader who once played it safe started to believe he was different, smarter than the average trader. "I have mastered this game," he told himself.

The first time he ignored his own rules, he found an excuse. "I know what I’m doing now," he thought as he entered a high-leverage trade. It worked. His profits skyrocketed. The thrill of winning big felt incredible. Soon, the disciplined, careful trader was gone. Jack started making reckless bets, convinced that he could not lose.

Then came the crash.

One trade. One over-leveraged position. One wrong move. In a single night, Jack lost almost everything. His hard-earned profits, months of work, gone in an instant. He sat in front of his screen, staring at the numbers, his hands shaking. How could this happen?

For weeks, Jack was not himself. He barely ate, barely slept. The disappointment was crushing. He kept replaying every mistake in his head, hating himself for throwing away everything he had built.

But time heals, and Jack was not someone who gave up easily. Eventually, he accepted his failure and learned from it. He returned to trading, but this time with a different mindset. No more chasing unrealistic gains. No more overconfidence. He set clear rules, rules he would never break again.

Jack started small, just like in the beginning. He re-learned patience, humility, and self-control. And this time, he wasn’t just trading for profits. He was trading to master the game.