I lost $100,000 chasing crypto scams and thinking I could trade my way to freedom.
I was smart once. I put $50,000 into Bitcoin during the 2022 bear market and nearly tripled it. Then I got greedy. I sold, jumped into altcoins, listened to permabulls and “experts,” and rode them all the way down.
From 2023 to 2025 I lost about 90% of it, mostly through leverage trading.
Those years were the hardest of my life. Failure, stress, and watching my savings disappear changed me.
At the end of 2025 I finally stopped gambling and started learning how to trade and how markets actually work.
I’m rebuilding from the bottom. No hype. No shortcuts. Just discipline and progress.
Follow along as I dig myself out.
Tbh this isn't looking that bad if we bottom with a HH right now in this iFVG. A lot of fear right now on the timeline, might be time for a decent rip to punish late shorters on both equities and crypto.
Week 2
No trades this week, I've had some person stuff to deal and decided it would be better to just sit out. I tried hunting for a few setups earlier in the week but just wasn't feeling it.
With us having a lot of volatility this week I'm going to keep my eye on a couple of shitcoin trades. I'll keep you posted.
Beginning tomorrow I’ll be starting a one year trading challenge using a simple mechanical system. I will document and journal the entire process here on X by posting the weekly results every Sunday.
Instrument(s): Gold and BTC
Time: 9:30am EST & 5:00pm EST(New York and Asia open)
Model: Liquidity sweep into iFVG
Risk Management: Strict 1:2 risk:reward protocol
Frequency: 1-2 trades per day (not forcing anything)
Account size: $3000
I’m not a professional trader, I’ve only been trading for 2 years and I’m still unprofitable. I’ve made many mistakes over the past 2 years, including blowing up two 5-figure crypto accounts. The purpose of this challenge is not to show people how fast I can grow an account, it's to work on my execution and discipline and prove to myself that following the rules of a mechanical system with discipline is possible and profitable. It's also to show the reality of trading and show the wins, losses, and all the challenges that come with learning this craft.
I will detail the model I’ll be using for this year-long challenge in a later post, but it’s an extremely simple strategy that’s easy to execute.
At the end of every week I will reply to this thread with my results, follow along if you’re interested.
Week 1
Ended the week up 5.72R, +$222.59.
The wins were nice, but the losses were rookie mistakes. I need to clean some things up if I'm going to be successful with this.
One thing absolutely killing me is the fees, but I just need to try and use limit orders as much as I can to limit taker fees.
If shitcoins start absolutely ripping in the next week or two, I’m not chasing anything.
If there’s no healthy sustained bid in crypto, I want nothing to do with the giga-pump and slow bleed bullshit of the past few years.
Tbh crypto is probably dead money for another 6-9 months.
So here's a fractal (mostly useless, I know) from the 2021 bull market and 2022 bear market for $JPM. This is terrifyingly similar.
My put contracts expire in May, but if this confirms I'll be rolling them and targeting $210 by EoY.
I can't stress enough, these are the times where you focus on protecting capital. This type of environment is extremely difficult for everyone.
Easier times will come, but you need to have capital to deploy into easier markets. Patience is key here.
so here's the change
AI names selling off
Crypto manipulated
buy the dip into I dont trust the rally
Mega caps selling off
Market where it was 6 months ago, stocks down 40%
AI was positive until it became a threat
FOMO turned into FOMU ( fear of messing up )
this is just brutal.
I really don't like being a bearish doomer, but if we do get a catalyst in the next few weeks, $QQQ looks ready to dump hard. Volume, VIX, MA's, everything is screaming caution right now.
So I added to my $JPM short this morning, but haven't shorted $BMO yet, waiting to see how the week closes.
I'm going to tighten the risk on the $JPM short (and also reduce the TP level) as I think there's a scenario where $JPM could sweep the high around $326 before selling off.
While TA on $VIX is questionable, it's losing support here. If this continues then I think a rotation back large cap is on-deck. Once again $NVDA saves the market.
With that said, I do think there's a substantial correction coming very soon, probably by mid-March.