星球日报
星球日报|Oct 25, 2026 00:02
[Bonk Guy: Lost Millions Again Due to Overtrading After the October 10 Market Crash; Traders Should Learn to Wait for Market Opportunities] Odaily Planet Daily reports that trader Bonk Guy, in an article on the X platform, recounted his trading experience, stating that on October 10, 2025, due to a systemic malfunction of a major centralized exchange, he suffered an eight-figure dollar loss within minutes, marking the largest single-day loss of his career. He stated that in the weeks and months that followed, in his eagerness to recoup his losses and prove his trading skills, he overtraded, incurring additional losses of millions of dollars. Bonk Guy points out that trading skills, experience, and a mature trading system are not sufficient to guarantee consistent profitability; trading performance also depends on market conditions, timing, and luck. Strategies that generate huge profits in a bull market may not be applicable in a bear market. He cited the 2021 price movements of Meme coins like DOGE and SHIB, and the surge in tokens such as WIF, POPCAT, and FARTCOIN from 2024 to early 2025 as examples, emphasizing that trading opportunities often concentrate in specific market phases. He believes that one of the most important skills traders can cultivate is recognizing when their trading advantage has diminished. Over a sufficiently long time horizon, consistently outperforming the market is virtually impossible. Therefore, it's wisest to gracefully exit a losing position and wait for the next opportunity. Finally, he concluded that the goal of trading is not to remain constantly active, but to seize opportunities during genuinely advantageous market windows and to disciplinedly do nothing when participation is not worthwhile.
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