138 days to zero! He challenged himself to become a full-time day trader with a capital of 200,000, but in the end, he got kicked out after hitting the 5-lot limit on Lianjun.

Netizens lost all their money after 138 days of full-time short-term trading with 200,000 yuan, experiencing wild gains, losses, and emotional breakdowns, serving as a cautionary tale for retail investors.

A netizen @new08000686600 publicly shared his several-month-long full-time stock trading record on social media. Starting with about 200,000 yuan, he ultimately lost everything on Day 138 after accidentally clicking on 5 contracts of Lianjun, resulting in a loss of 88,084 TWD, and declared he was done. As he lost his principal, this long-term full-time trading experiment came to an end. The entire process, including daily profit and loss, trading mindset, and discipline issues, was documented and has been viewed by many investors as a real-life case of “retail trading psychology.”

Source: 《Chain News》

Full-time Trading Experiment Starting with 200,000 Yuan

According to records, the trader claimed he started relying on stocks for full-time income in August, with a plan to work delivery platforms if his capital was wiped out, then return to the market after saving enough. He began with about 200,000 yuan, mainly engaging in short-term trades. Throughout the process, he regularly posted daily trades and reflections on social media, hoping to enforce discipline through public accountability.

However, within the first few weeks, his trading records showed typical retail investor issues, such as chasing orders, buying high, and overtrading. He self-reviewed and noted that out of 37 trades, only 10 were wins and 27 losses, with a win rate of about 27%. He attributed his losses to chasing orders and poor timing for short selling.

He briefly recovered to 180,000 yuan but lost 110,000 yuan in two days

Despite initial volatility, his trading account showed a significant rebound in the mid-term. Records indicate that on the 78th trading day, the account reached 187,862 yuan, only slightly below the initial capital. During this period, he achieved multiple single-day profits of several ten-thousand yuan, such as 23,131 yuan on Day 77 and 18,145 yuan on Day 40.

The turning point was during Days 81 and 82. At that time, he still had over 150,000 yuan, but two consecutive days of massive losses occurred. On Day 81, he lost 70,141 yuan in a single day. On Day 82, he lost another 40,672 yuan. In just two days, his account plummeted from about 150,000 yuan to 40,000 yuan. He admitted that when his funds were close to recovery, a large loss caused his mindset to spiral out of control, saying, “The desire to recover started to grow, and the inner demon began.”

Lost all 200,000 yuan principal, full-time trading experiment ends

After his funds shrank dramatically, he changed his strategy to a short-term approach, only trading until 9:45 AM each day to reduce emotional impact. During this period, his account did see a rebound, gradually increasing from over 20,000 yuan to above 100,000 yuan, reaching a peak of 132,757 yuan.

However, he faced another major setback with continued losses, including a single-day loss of 57,748 yuan on Day 133, nearly halving his capital. By Day 136, his account was down to 45,681 yuan. Finally, on Day 138, after accidentally clicking on 5 contracts of Lianjun, he lost 88,084 yuan and declared he was done. With his principal wiped out, this months-long full-time trading experiment concluded.

Delivering food to rebuild 200,000 yuan and re-entering the market

In his trading journal, he repeatedly admitted to lacking discipline but also believed he had grown from the experience: “I’m still a rookie, but not as stupid as three months ago.” He wrote that although his account still showed losses, he had gradually broken the bad habit of chasing orders. “Although I’m still losing money, I’m pretty happy because I finally changed that messy system I used to have.”

In his farewell post, he said he would go back to delivering food to save money, then return to the market once he saved 200,000 yuan. This sparked discussion in the community. Many investors believe it reveals common issues in retail trading, such as trading with too little capital full-time, emotional decision-making, and lack of risk control. Some also see his public record as a rare transparent experiment, offering a glimpse into the real struggles of retail traders in the market.

• This article is reprinted with permission from 《Chain News》
• Original title: “Starting with 200,000 Yuan to Challenge Full-Time Day Trading! Zeroed Out in 138 Days, Declared Quit After Clicking on 5 Contracts of Lianjun”
• Original author: Neo