Massive risk management failure: ignored stop loss, over-risked, turned small loss into massive blowup.

That's heartbreaking. That's crushing. Um, but this is a massive, massive riskmanagement catastrophe here. You should never ever be in a position where you can blow up your entire account and lose a year's worth of profit on one move, a 3% move at that. So, from the sounds of it, you were short. That short was invalidated. And instead of closing and taking your loss, you didn't want to lose. And what could have been a controlled loss became an outofcontrol loss because you threw out risk management out the window. You got fearful. You didn't want to close your trade. Instead of losing $5,000, you end up losing, you know, $50,000.