I've seen plenty of traders with decent capital get seduced by hot runners, only to torch their Wojak gains in no time. They chase one lucky win and suddenly think they're pros—then six months later they're sitting on zero returns with nothing but regrets.

Honestly? I'd take a drawdown on a conviction trade that has real bounce potential over getting completely wrecked on some random new pair any day. The difference between blowing up your account and staying in the game comes down to position sizing and knowing when to hold through volatility versus when you're just gambling.