From 3 million to 100 million and then to drop to zero: A trader's confession and lessons learned.

On August 10, James Wynn wrote a summary stating, "There are no so-called mistakes in this world, only lessons. In my life, I always learn from anything that is considered a mistake or failure. The biggest lesson recently was turning 3 million dollars into 100 million dollars, and then losing it all in front of everyone."

That time was very exciting—adrenaline pumping, chaotic and crazy. I faced it with a smile and laughter. It was yet another lesson—over-leveraged, intoxicated by various "attention," emotions completely out of control. I don’t want to change anything that happened. Even if I could go back to that moment and choose to cash out, I wouldn’t. I value this lesson more. Money is infinite, everywhere, and easy to make.

You once cheered for me when I reached the top with 100 million dollars, and laughed at me when I fell to the bottom, because you know you will never see, feel, or earn 1 million dollars. Never possible. This is why 1% of people hold 99% of the wealth, and why the rich get richer—because 99% of people simply lack this ability. This is the harsh truth. Money is not real.