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How a Trading Robot Lost a $1 Million Account

0h 24m video Published Feb 24, 2026 Transcribed Aug 5, 2026 E El psicólogo del trading
Intermediate 5 min read For: Traders and investors interested in algorithmic trading, funded accounts, and risk management.
AI Trust Score 70/100
⚠️ Average / Some Fluff

"Title promises a story about a robot losing $1M, and the video delivers exactly that with a detailed firsthand account."

AI Summary

In this interview, algorithmic trader Ramón Ruiz from Hobby Code shares his firsthand experience of losing a $1 million funded account on Axi Select due to a single human error in lot sizing. He discusses his rapid rise to a million in under a year, the psychological impact of the loss, and the importance of protocols and resilience in trading.

[00:01]
The Dream and the Nightmare

Ramón achieved the goal of managing a $1 million account and withdrawing 80% of profits, but a single mistake in position sizing (an extra zero) destroyed everything, highlighting the fragility of trading success.

[02:56]
Fastest Rise to a Million

Ramón started the Axi Select account in March 2025 and reached $1 million by December 2025, making it the fastest rise he knows of. He attributes this to aggressive asset selection, focusing on gold and JPY pairs.

[05:28]
Aggressive Strategy and Expectations

Ramón deliberately chose high-conviction assets (gold, GBP/JPY, USD/JPY) based on 2024 performance, accepting higher risk for faster growth. He managed expectations well because his results aligned with his plan.

[07:28]
The Fatal Mistake

On February 4th, Ramón woke up to find a gold trade with a lot size 100 times larger than intended (0.01 vs 1.00), causing a floating loss of $163,000. The error was due to a misconfigured robot setting.

[10:05]
The Drawdown and Quarantine

The loss triggered a 10% drawdown, leading to a 14-day quarantine and demotion to the previous phase (Pro 500). Ramón emphasizes that even with robots, human errors can occur and must be managed.

[17:42]
Human Errors in Algorithmic Trading

Ramón stresses that trading robots do not eliminate human errors; they reduce them but cannot prevent mistakes like misconfiguring lot sizes. Protocols and meticulousness are essential.

[18:38]
Withdrawals and Resilience

Despite the loss, Ramón had already withdrawn over $20,000 from a $500,000 account, showing that profits were secured. He advises traders to be mentally prepared for such setbacks and to rebuild.

[21:51]
The Hardest Part of Trading

The biggest challenge is not strategy creation but minimizing human errors that can destroy years of work. Ramón recommends having protocols, firewalls, and carefully checking lot sizes.

Ramón's story illustrates that even successful algorithmic traders are vulnerable to human error, and the key to long-term survival is having robust protocols and mental resilience to recover from devastating losses.

Mentioned in this Video

Study Flashcards (8)

What was the root cause of Ramón's $1 million loss?

easy Click to reveal answer

A human error in lot sizing: the robot opened a trade with a lot size 100 times larger than intended (0.01 vs 1.00).

09:08

How long did it take Ramón to grow his Axi Select account to $1 million?

easy Click to reveal answer

He started in March 2025 and reached $1 million in December 2025, under a year.

02:56

What assets did Ramón focus on to achieve rapid growth?

medium Click to reveal answer

Gold and JPY pairs (GBP/JPY and USD/JPY) due to their volatility and expected upward trends.

04:37

What is the drawdown limit on Axi Select that triggers quarantine?

easy Click to reveal answer

A 10% drawdown from the account balance.

13:37

What happens when a trader hits the drawdown limit on Axi Select?

medium Click to reveal answer

They are placed in quarantine for 14 days and demoted to the previous phase.

13:23

What was Ramón's risk per trade in December and January to preserve the account?

hard Click to reveal answer

He set risk to 0.2% per trade, but actually used 0.4% in December and January.

06:45

How much did Ramón withdraw from a $500,000 account?

easy Click to reveal answer

Over $20,000.

18:38

What is the key lesson Ramón emphasizes about trading robots?

medium Click to reveal answer

Robots reduce but do not eliminate human errors; protocols and meticulousness are essential.

17:42

💡 Key Takeaways

📊

Fastest Rise to a Million

Demonstrates that aggressive asset selection can lead to rapid account growth, but also increases risk.

02:56
💡

The Fatal Lot Size Error

A single misconfiguration caused a $163,000 floating loss, showing how small mistakes can have huge consequences.

09:08
📊

Quarantine and Demotion

Explains the platform's risk management rules and their impact on traders.

13:37
⚖️

Human Errors in Algorithmic Trading

Highlights that even automated systems are vulnerable to human mistakes, emphasizing the need for protocols.

17:42
💡

The Hardest Part of Trading

Shifts focus from strategy to error minimization, a crucial mindset for long-term success.

21:51

[00:01] your trading account and you have 100 million. You are managing that million after years of trying, of sleepless nights dreaming that one day you would achieve it. After hearing thousands of times that making a living from trading is

[00:14] a few, you reach the goal you had set for yourself and on top of that you can withdraw 80% of what you generate from that million dollars, earning even thought about. The moment when you can finally say that you do make a

[00:27] living from trading. And then, a single click, a mistake when setting the size of a position, an extra zero makes that whole dream, everything you've achieved after so long, vanish. It's just a momentary lapse of attention. A

[00:40] execute destroys everything you have spent time, years, months How do you look at the screen the next day? Do you open the charts and do How do you handle something like that without breaking down

[00:54] to someone who isn't going to speak from a theoretical perspective. He is someone who experienced exactly this a couple of weeks ago. I have invited Ramón Ruiz from Hobby Code to the channel, an algorithmic trader who was one of the

[01:06] Axi Select platform, managing a million dollars in less than a year. All of this was done using trading robots, and just a few weeks ago he lost that million due to a single human error when setting the lot size in the

[01:20] take this opportunity to talk to someone who has experienced this firsthand, so they can explain how to scale so quickly at Axis Select, how to reach a million they've done differently with their strategies and robots to achieve

[01:33] what exactly happened in that trade? How did he make that mistake? And most once you've made that mistake and this has happened, how do you get up the keep trading as if nothing happened? Believe me, these kinds of

[01:47] everyone talks about when they win, but very few people talk about when they lose and after a loss of this nature. So I hope you ? How are you? Hello Victor. Good. How are

[02:00] Very good too. Hey, we've been chatting for a little while now, I really wanted to because it's been a while since we last talked from time to time too. We've talked about things that I think are interesting, seriously, uh, a lot of things that people would really like

[02:13] on That's for podcasts. We can make a cool podcast there, and some cool stuff will come out of it. Hey dude, I wanted to channel, which I recommend you all go and see, of course, a video in

[02:26] reached the one million axi stage. Hey, congratulations, by the way, it's explain a little bit about how that works , but something else has happened, and that is, watching here on your channel's screen, you explain that you've lost that million,

[02:42] a drawdown and therefore be demoted to a lower stage? And I wanted to ask you about what to reach 1 million and then suddenly lose it. I don't know how much time has passed. all this has gone? Yes. Look, I started the account in March

[02:56] 2025 and reached a million in December 2025, that is, the same year. I think it's been the fastest rise of any trader there. Oh, and also the any trader there. Oh, and also the

[03:10] ? So, how does it feel to go up so fast? M, in the end I could tell you that it's something expected because it's something I went looking for. In Achi I've always said, well, for people who don't know me, I operate with

[03:25] 're not on the internet, they're not anywhere else, I create them myself. And with these robots, I decide which strategy to use, on which asset, and whether to use another strategy on another asset. Okay? Back in 2025, at the beginning, I

[03:39] said [clears throat] gold had an incredible return in 2024. So, what is my thought? If I put a robot in place that opens buy orders, following a strategy, if that asset, the underlying asset, is rising, I have a much greater

[03:54] chance of making money on that than if I put a robot in the euro-dollar and maybe it's falling during the year, right? So, Joh will go through phases, right? Try to preserve, yes, a little bit, you have to preserve

[04:08] a record in the long term, but not as long a term as in other places. I decided to implement a set of more aggressive strategies, not aggressive in terms of risk, but aggressive in choosing the assets that I believe will

[04:22] go up in 2025. One of them was gold, which already proved itself to me in 2024, and I didn't trade gold in 2024 and I said, "This year I can't miss it. And it has been a total success." And the other was any pair against the JPI,

[04:37] In this case, the one that worked best for me was both GPJPI and USDJPI, because the JPIs have more volatility in Forex and since 2020 the yen has been

[04:49] against any pair, the USD, GBP, euro, it doesn't matter which one. When I made that mix, that mix of those three going to get each phase of Axiselet through, that is, to

[05:02] get the take profit before the minimum of 10, one month, then it's two months, two months, two months, two months, something like that. you had already gone past it, right? Yes, yes, yes, yes, yes. In other words, when it reached the

[05:15] next stage, and the next stage would be operational on the same day . that the wind has been in my favor, that is, a bet, that is, I'm going to trade these two, these three.

[05:28] If you told me six, you'd say, no, okay, you're going to diversify a bit, but they were a bit of a gamble, weren't they? This went well for me. Therefore, I think I handled it well because my expectation was somewhat in line with what I was

[05:40] seeing in reality. The problem, I think, in psychology is when your reality is in another. When you're achieving things you didn't expect, you're breaking ceilings, and that's when you lose your mind. Total

[05:54] already had a protocol, more or less an established plan, you knew it could happen and that's why it doesn't surprise you either. I mean, yes, it's beneficial and great, but it's not something you did n't expect,

[06:06] , like I said, in a month, two months, I don't know the phases when they started but I had already thought, okay, if I add one, two, two, two, two, well it will be around this time. Yes, if the weather is favorable. That's

[06:21] a point where it goes by very quickly, it only you hit the drawdown and go from a million to 500,000, right? To the previous phase.

[06:33] Yes, only about 10 months. And oh well, there I must say that I operated in December, some of December, I operated in the million, some of all of January. [clears throat] In fact, in December I lowered risks a lot

[06:45] to lower the risk. I'm going to put it per operation, I think I set it to risk 0.2% of the account. I wanted to preserve it. In fact, when I saying, "How the hell did you lower it if you set a very

[07:00] can do 0.2 and I think I did -04 in December, in January I did another -04, exactly to the same tenth. And in February, when this happened to me, I think, in the middle of February, 10 days or half a month ago, it was

[07:15] 076 up, I had it at break even, which is when it happened, it was a Wednesday, I can tell you the exact day. [laughs] Now I'll tell you, long live the calendar, February 4th.

[07:28] February 4th, uh, it was 8 in the morning, I got up from bed at about 7:30 . That night the baby slept well, I was able to sleep until 8 and the first thing I do when I wake up is check, not when I

[07:41] at 3 in the morning, more or less 2 or 3 in the morning, I go to the microwave and I always check the metatraders , because I knew I had accounts of this kind, had an

[07:57] an open position on the JPI saying, "I went to sleep at 3 in the profit." Wow, you're going to sleep peacefully, right? You're going to Yes, you're going to sleep well, man. And that day, well, at night there was

[08:11] nothing, but at 8 in the morning, when I woke up, I saw a gold transaction that involved my own capital. I had some capital, which was $1,000, I have that in the account. Clear.

[08:23] account. Clear. And it was at uh 50 60 € dollars in And now I say, oh, well, look, it's fine. And with that, of

[08:39] after seeing that €60 I say, let's see, let's see, let's see how high the trade is, how much profit the operation is making compared to the entry, because the risk I've much left for the profit and I see that the price is right next to the entry. I mean,

[08:54] how can it be that he's making €60 if he's four pips away from the entry? can't be true because gold trading, especially now with the volatility, according to the systems, always calculates 0.01 lots.

[09:08] This is 100 times more, had and I say, wow, I'm going to close right now because something has happened with the operation that may have been open for 20 minutes.

[09:22] That operation has been open since 7:30. Ah, well, the girl, we're going to take her to school and all that, breakfast, I'll go back home and see what's happened. And meanwhile, I mean, I already met the head of Hislate, whose name is CR,

[09:37] greetings from here. And he sends me a WhatsApp message. I was talking to him for some reason, I don't remember why, and he says, "Hey, Ramón, what happened to your account today? Your finger slipped, it slipped, like, your finger slipped,"

[09:51] I say, well, I saw that a lot opened, but I closed it Yes. And then he sends me another screenshot, he says, no, but your Select account has a trade with a negative loss of 163,000.

[10:05] be, but I just closed it now in profit, nothing happened. now in profit, nothing happened. 163,000 was eaten up in the negative. He sends the screenshot of the trade and I'm already sweating

[10:19] say, but I look, I look at the chart, the video explains that I have my channel and there's a moment when the price drops Enough, but nothing, a fuse, the peak of the

[10:33] fuse makes my account reach at least 10%. 10%. still a long way to go to reach the stop loss; if it had been at the stop loss, I might have

[10:47] blown $0,000. That trader on the 21st. Ah, but it triggers the fuse. In fact, it seems that the market launches the closing of the replicator account below the price. That is, the average level at

[11:02] below where the chart indicates. You say, it just hit right at the last pip, man. And then the price goes up. And there, the replicator closes in the Select account , but not in mine.

[11:16] , but not in mine. And I looked at it and said, "Man, it's... happen unfortunately, man, and that have to be accounted for." a robot that in theory says, "When "It can't calculate the minimum lot size

[11:28] above, a lot above 0.01, which one do I put?" I already had one because it came by default. I didn't crazy, man. Crazy.

[11:40] And that day, uh, well, that day, to explain the whole situation a bit more , that day was a day when I, well, every so often I open up student positions, I do a live stream, it was an important live stream, it was a

[11:52] was an important live stream, it was a live stream where I hand everything out, . That day I was already messed up. Totally, totally, totally. I mean, I had to do a lot of work to put

[12:05] start saying, "Look, it took me a lot of effort to get to ProM, I cherished that account like it was my own child." That's not what happened. So be it, life which isn't exactly great either, totally, totally, I

[12:19] mean, let's put things into perspective [clears throat] a little, right? until 7 pm when my face was on live TV because I was saying, "It's imagine, I can imagine, I can imagine, man. Hey, could you share a little bit

[12:32] so people have context on the platform and can see how it is someone in quarantine, because when these kinds of situations happen, they put themselves in explain how that works? Yes, I share my screen.

[12:44] This is my account in quarantine. In fact, today is the last day I have to record this video. My quarantine ends because it says zero days. The ED score, which is the important thing, remains at 93. Although you see ProM here,

[12:57] in principle tomorrow or tonight, I don't know when, I should be in the Pro 500 because right leaderboard, I don't appear. And there were people who said to me, "Hey, Ramón, before I said it before, hey, Ramón, you're not showing up on the leaderboard, what

[13:10] So now it appears initially in Pro 500 and it looks like this, that is, your dashboard is locked, everything is at zero and here you left in quarantine, which are 14, okay? So, these 14 days, you're

[13:23] Yes. Okay, but this is interesting because funding tests thing, and when you hit your drawdown there, they you were at a million, there was that drawdown which is 10% in this case that you

[13:37] done is put you in quarantine for 14 days and take you back to the previous phase. Victor, I don't know if this has been very recent, uh, it's not going to happen to me because this applies from March 1st, I don't know if you know, but

[13:51] yes, pro 500 pro M, if they fall into quarantine, you go directly to the first, Okay, fine, but this won't happen to you now.

[14:04] This came out two days ago. Okay, fine. Better, better, eh, because you caught it there. Well, and I'm saying this, no [laughs] it can't be. Total, total, total. No, but it doesn't bother me that luckily that's no longer the case.

[14:17] Pro 500 phase, you'll have to rebuild that 7% profitability, right? Just keep the same timings as before, right? with the same conditions and so on. Okay, very good.

[14:31] In fact, I wanted to share with you that I had a clear reason why you can't see a proper timeline on the HL dashboard when you were on Acation. interesting. Well, from

[14:45] day one I audited this account, well, I decbooked it, call it auditing, call it these are, whoever doesn't believe it, don't believe it, but these are real data. mean, in the end Axi confirms that this is so, right?

[14:58] Yes, no, I mean, what happens is that you can fake myfxbook and this is a bit of an evolution since March 18, 2025, how has it gone? It's true that I, look, here I risked a lot in the SIT phase

[15:14] because in the end with an account of 500, ah, if you trade in gold, even if it's 35, which is the take profit they ask for, it's that if it runs a few pipes upwards you do it. Yes, yes, yes,

[15:27] yes. I believe this so much that I surpassed it in two or three trades, and the rest I didn't do was just filler. What I did was open a 10-pit trade every day, leaving 10 pits up, 10 pits down on the euro-dollar, where I thought I

[15:40] manually. Of course, I did with the robots so that, due to variance, some would win me over, others would lose me, and I wouldn't have to close them because that's not possible.

[15:54] Here I did become a bit more relaxed. Notice that it doesn't climb so erratically anymore. Here I already got the second 7% and well, look, I've had my drawdown periods, in August I had a

[16:07] you know approximately when it arrived? It's an axis more or less. When was it supposed to be? I think the biggest dragon has arrived, hasn't it? The 10% one. I think this was just now with the " Why does it give me 10%?" I think it was around

[16:21] Sure, but that percentage has to be recent now, but that percentage has to be recent now, right? It must be from now, 57, right? Well, it must be from there, it must be in this one. No, but it wasn't a

[16:33] 10, this was a 5. But the down didn't jump out there. No, no, no, it didn't jump out at me. This was from the seventh. This is a 10/10. It's the first time I've operation and although we don't see it here, we should

[16:46] Yes, yes, yes. The thing is, at some point during that operation, I think I . The thing is, I don't know why the equity chart. Ah, look at that. Okay, now I know why it's not showing up

[16:58] . Because February, February 4th. Ah, right, that's exactly what needs updating Ah, because... And why can't you see my worry. Ah, look, yes, it's visible there. Well, maybe it didn't

[17:13] track, uh, the floating one of this. maybe it wasn't tracked here, but maybe it was Yes, yes, yes, yes. So, well , that 10% is [clears throat] just right

[17:27] , just right, that 10%, 10.10 10 [laughs], that's what made me drop, just right, just right, I mean, not even no, that's what I'd also like people to see, that in the end, you, as a

[17:42] trader who uses trading robots, there are also human errors, there are can be protocolized and you have to try to reduce the risk to the minimum possible, but there are always small things that, if they happen to be at the 1

[17:57] in this case you already have a very well-built structure in your trading and difference on your path, but imagine someone who, I don't know, maybe the million is the first thing they reach, right? He wants to protect the first milestone a lot, and

[18:11] well prepared mentally to know that these things can happen resiliently to rebuild, there is no other way. Yes, yes, yes, yes. I mean, for me it was a hard blow. Well, I don't know

[18:23] Yes, Yes. I wanted to ask you basically get an idea. [clears throat] The withdrawals up here are That's great, man. It's because at the bottom you see the largest withdrawal amount for each month. That's

[18:38] a guy who's withdrawn 200. Yeah, yeah, yeah. You see. I had seen in one of your videos that you had those 20-something thousand euros. Uh, this is phase one million, I don't understand when you reach

[18:50] Ah, okay. I mean, that, that thing about the February and when it happened to me there in February I did have hopes of ending up positive, of surpassing break even. This was on the

[19:02] very large entity for Pro 500, right? It's very nice. Yes, yes, no, and it's a 7- something by C, I think. I don't know if this 7000 includes previous one. These two are indeed the same phase,

[19:16] n't know, but well, there's a mix there, but I think the 24 is only great, man, that's great. Hey, man, Ramón, well man, I really appreciate you Um, I wanted to bring you here because, as I said before, I usually want

[19:29] Axi trades, with people who have achieved success because it's a relatively people still have doubts. Seeing someone using robots to trade like you, who has achieved success quickly, and who still has a similar situation

[19:42] saying, "Damn, that mistake is so hard to explain." It's one of those anecdotes that really makes a difference, man. And I hope people truth is, they're not emotional mistakes, they're

[19:54] more technical mistakes, more about being meticulous, about doing everything right throughout the whole Basically, man, it's out of the market, which is what you happy in the end. Of course, and that's also how you kind of grasp the idea of ​​being a

[20:06] up to give the baby her bottle , and I check the robots." That's to see how an operation like that unfolds, how a small mistake can happen even after checking everything beforehand. It's spectacular, man. You

[20:20] after so many years, every day I I get up, I look at the metatarsal while I wait for the bottle to heat up. [laughs] I should just forget about it. The best thing about it all, the best thing about it all is that I don't do anything manually.

[20:33] open or close during an operation because you can do this. Of control. Well, yeah, man, Ramón, really, it's been a me about all your social media accounts down here , okay? That you want to, eh, to see

[20:46] wherever you want. I hope they you do is spectacular, and you know this is your home, man, and that soon we hope to have a physical podcast that I want to set up, and that way you can come and

[20:58] appreciate you being here, man, really. Thank you, Víctor, Community arena. Thanks, man. Hugs. today's video. I hope you enjoyed this experience of Ramón, from Hobby

[21:13] Code, in this whole Axelc environment, about how you reach a million in just under a year and then suddenly a single mistake, uh, maybe because you weren't paying attention when it came to in your trades, whether it's because you have a child to take

[21:26] , or whatever, a thousand things can happen that lead to human error. And that makes something you 'd fought so hard for, right? And that feeling enjoy it, right? For as long as you'd like. And how does that feel,

[21:39] right? That's why I want you to use this so you don't forget, uh, that in trading, uh, you can be doing everything right for years And a single mistake, a single bad day, a single moment can destroy everything that came before. That's why

[21:51] this business is so difficult; it's not so much about creating strategies or learn quickly. Many of you probably already have win. The problem is when, how do you manage to eliminate or minimize

[22:06] these potential errors, right? These human errors that keep us from perfection, which is what the markets demand, and that can losing our dream of being traders. So please,

[22:18] always have protocols in place, set up firewalls, carefully analyze the lot sizes of your positions, let's learn from what Ramón said about this, right? What can I say, check exactly which tattoo I get because otherwise everything you've

[22:30] built can be destroyed in a single day. And before I go, of course, don't left below, okay? It's for Axi Select. As you've seen, it's one of managing capital. Currently, it has some very, very simple barriers

[22:45] saying, "Hey, with no time limit, just open an account with the broker Axi, deposit $500, which is the minimum required to start." It's your exactly the same way you would on your real account, because it's your real account." And

[23:00] automatically participate in their completely free funding program. It's 100% free. your $500, executing your trades without any rules or time constraints, of the phases you see here on the screen, just like Ramón did,

[23:15] gradually increasing your capital management, reaching higher levels each time of which you can withdraw 80%. We 've already seen Ramón's withdrawals, including one withdrawal of over $20,000 from a $500,000 account,

[23:27] which you would obviously never achieve with a small $2,000 account . And thanks to this free funding from Axi Select, you can . They only set one rule, as you 've seen, which Never exceed a

[23:39] 10% drawdown. If you manage to stick to that and avoid what as you've seen, you're put in quarantine and therefore dropped to a lower stage drawdown—which is obviously complex, but I think it's a

[23:52] fairly feasible rule, then you can manage an incredible amount of money. If you don't want to make quick profits and want to do good any time constraints, you could take months, a year, two years—it depends on each of you.

[24:06] minutes; it's really very, very simple. And if you have any how the rules work, anything at all , you can ask me at the below, which is... [email protected].

[24:19] help you. Now I'll say goodbye, traders. Have a great day, lots of profit, traders. Have a great day, lots of profit, and see you in the next video. Oh.

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