Lessons Learned: My Futures Trading Account Liquidated again by rankz

hive-167922 · @rankz · Dec 20 '24

$1.59

Lessons Learned: My Futures Trading Account Liquidated again

![](https://images.ecency.com/DQmRLa9SxCtYDXma5uqqVQJFsn6dobo86SPbBU8iGaBoquf/img_0.26612236223678254.jpg)

As a futures trader, I've always known that risk management is crucial to success. However, despite my best efforts, I recently received a liquidation call on my futures trading account.
It started with a sudden and unexpected market movement coupled with poor network coverage Tha preventing me from taking immediate action as the market is going against my positions. Before I knew it, my account had fallen below the required margin level, triggering a liquidation call from my broker. I had to act fast to minimize my losses.

Lessons Learned:

Looking back, I realize that I made a few critical mistakes that contributed to my account's liquidation:

1. *Insufficient risk management*: I had too much exposure to the market, leaving me vulnerable to sudden movements.
2. *Poor position sizing*: My positions were too large, amplifying my losses when the market moved against me.
3. *Failure to adjust*: I failed to adjust my strategy as market conditions changed, leaving me unprepared for the sudden downturn.
3. *Poor network coverage *: I will try to have a strong internet connection before taking any trade

Moving Forward:

While liquidating my account was a difficult experience, it's taught me valuable lessons about risk management, position sizing, and adaptability. As I rebuild my account and refine my strategy, I'll be sure to prioritize these key principles. And now there will be no deity December.

Liquidating my futures trading account was a humbling experience, but it's also given me a fresh perspective on risk management and trading strategy. If you're a fellow trader, I hope my story serves as a reminder to stay vigilant and adapt to changing market conditions.

What are your thoughts on risk management in futures trading? Share your comments below!

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`author`	rankz
`permlink`	lessons-learned-my-futures-trading
`category`	hive-167922
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`created`	2024-12-20 11:22:18
`last_update`	2024-12-20 11:22:18
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ezun1	3,564,980,318	100%
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rankz	2,496,823,079	56.25%
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spiritking	759,749,320	100%
thepeakstudio	1,300,079,720	42.5%
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abkevwe	1,016,597,754	37.5%
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jilt	2,951,277,812	7.5%
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era120	3,055,538,165	85%
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dafiz	2,475,184,327	85%
cristoase	2,857,775,182	42.5%
robat71	2,241,476,529	100%
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txracer	2,332,924,140	100%
tillmea	508,251,574	75%
ghici	1,381,241,043	76.5%
kqaosphreak	3,291,839,025	37.5%
doctorfate	2,818,123,088	85%
onw	4,983,520,588	100%
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aadilmir	1,286,910,797	5.25%
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sinelux	2,683,211,646	42.5%
ash420	1,945,452,924	37.5%
perinator	1,953,861,788	42.5%
henrietta27	12,608,555,084	37.5%
cryptokaty	3,274,554,911	42.5%
njclabaugh	459,432,147	100%
carpemeridiem	1,119,745,926	42.5%
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vickyanne	1,637,981,014	18.75%
kilvnrex	5,708,457,625	22.5%
joyyusuf	1,977,489,763	37.5%
windail1	1,342,228,159	100%
jaylatour	19,071,862,298	85%
kryptofire	9,748,053,629	37.5%
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sperosamuel15	4,771,059,829	37.5%
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fasacity	6,227,479,019	37.5%
adaezeinchrist	6,156,686,919	75%
lifeoflade	2,092,911,171	42.5%
kaeltegott	799,042,706	37.5%
nwothini335	526,518,925	3.75%
quduus1	19,033,385,281	30%
genepoolcardlord	123,781,221,803	42.5%
meme.bot	5,912,811,654	10%
genepoolrentsclr	1,410,884,706	42.5%
owdgibber	2,383,363,513	100%
justfavour	40,700,572,921	37.5%
odogwuego	659,656,188	75%
yopeks	1,149,739,980	42.5%
dafizzle	7,812,420,757	85%
tuba777	1,754,455,450	37.5%
artefactoestudio	957,835,111	37.5%
yahuzah	13,235,920,378	37.5%
lucky7ace	1,760,445,150	42.5%
elopinky	478,368,931	75%
egbre	1,914,373,923	37.5%
drowwssy	785,769,566	42.5%
lettinggotech	18,171,242,917	37.5%
wahlterwhite	4,190,599,174	18.75%
tmicezack	1,422,986,883	37.5%
kryptof	7,795,247,567	10%
snek1	963,994,209	100%
theeone	4,918,601,918	85%
trexane	2,502,905,060	37.5%
jutech	715,047,494	56.25%
reyn-is-chillin	614,827,668	42.5%
captainman	3,270,089,278	37.5%
thewobs94	2,018,988,819	100%
ifhy	1,097,563,176	37.5%
chnuschper	2,909,494,625	42.5%
blessed-20	861,325,467	85%
amarachi22	1,250,798,465	37.5%
hasaanazam	784,693,898	37.5%
leavetheratrace	558,645,605	100%
speakpalm	0	100%
osirislevi	6,899,064,353	75%
mhizkelly	1,289,126,229	37.5%
victorbass	481,929,010	37.5%
perfect20	626,780,317	37.5%
roycefx	950,594,934	37.5%
adrian37	900,874,620	42.5%
michael561	531,739,581	42.5%
thesegunvictor	1,126,520,952	42.5%

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`permlink`	re-rankz-m506gn6b
`category`	hive-167922
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`created`	2024-12-22 22:26:18
`last_update`	2024-12-22 22:26:18
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`root_title`	"Lessons Learned: My Futures Trading Account Liquidated again "
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