That moment, I bet everything I had on CLO. The cost of heavy positioning came quickly—chain liquidations triggered by the robot caught me off guard, and the first day’s market instantly tore apart my account. 370 dollars just evaporated like that, and after forced additional bets, I was repeatedly taught a harsh lesson by the market.



When I opened my eyes in the morning, I thought I saw a rebound opportunity. Fueled by a night of anger, I rushed back to the trading interface, thinking "This time will be different." But what happened? 400 dollars disappeared again in the blink of an eye. Failure, reaping losses, margin calls—the gambler’s curse plays out again and again.

"Don’t overleverage, manage risk well." The advice from my senior kept echoing in my mind. But some lessons can only be engraved in the bones after a fall. The 370-dollar loss is still far from the 1,000-dollar entry ticket to re-enter the market.

What’s even more painful is that I couldn’t find a stable win rate even with small positions. Maybe I really should consider leaving. But standing in front of this market, I still have tears in my eyes—this place never lies; it’s always human greed and fear intertwined that lead to out-of-control decisions.
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