1. bad risk management
2. over-leveraged.
3. failed psychology control.
4. inadequate technical control.

not sure the basis of his trade.
was it price action dude or technical side.

from the chart can clearly see MA crossover to short position.
there was no flash attack manipulation.

he stuck to his trade for an additional of 3 candles.
looks like a daily candle - so that about 3 days of him holding for miracle.

any decent strategy or system would have got out at the second candle going down.

from the chart, if he bought way earlier, there should be already breakeven setpoint or perhaps trailing stop activated.

This post has been edited by Newsray: Mar 29 2021, 02:50 PM

he got into margin call because he didn't exit his trade after initial reversal.

so much fund but he go all hand-in.
i will always keep at least 80% margin available for situation like this.