The Friendly Bear - Verified Trader How $150K Trading LOSS Changed My Career Forever
Jan 31, 2025
A trader shares the shocking tale of a $150,000 loss that changed everything. This experience taught him the importance of emotional control and risk management. He emphasizes how overconfidence can blind traders to crucial indicators. Personal stories reveal the emotional toll of failure, encouraging beginners to embrace their challenges. With new strategies and a focus on discipline, he hopes others will learn from his mistakes in the unpredictable world of trading.
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Costly Conviction Shifted His Career
- David Capablanca recounts his $150,000 loss on T.O which reshaped his trading approach.
- The loss became a defining lesson about conviction and humility in trading.
T.O Fit His Short Thesis
- David describes T.O as a Chinese small-cap that matched his short-selling criteria but later proved dangerous.
- He admits his deep research convinced him it was a scam, which led him to short aggressively.
No Stop, Huge Size, Massive Squeeze
- David entered at $11 with tens of thousands of shares, no stop loss, and large size that blew up as the stock ripped.
- He closed down $150,000 before hours then watched it spike even higher after hours.
