🍄Hi, I was Margin Trading and I lost my deposit to liquidation🍄

It all started with the allure of leveraging my investments. The potential for greater returns was too enticing to resist. I believed I had a solid strategy, that I understood the risks, and that I could manage them effectively. I was shorting #meme coins, but the market moved against me. Faster than I anticipated, my position was liquidated, and I lost my entire deposit.

I’m here to acknowledge my mistakes and to learn from this experience. I need to accept that trading on margin can be as destructive as it is rewarding.

I want to warn others not to short the market. The gains are thin and the losses are massive.

The experience is not worth the $7.5 I lost. I don't know if I will ever recover from this.

Your turn ...