In simple terms
“Blew up the account” informally means trading capital suffered severe damage. It may refer to a near-zero balance, liquidation, breach of a personal loss threshold, or insufficient capital to continue.
Not a precise measure
The phrase does not specify starting and ending balance, drawdown, debt, open positions, or recovery capacity. It also does not establish whether leverage, revenge trading, missing stops, or one event caused the loss.
Minimum reconstruction
Use equity before and after, deposits and withdrawals, orders, fills, leverage, margin, liquidations, fees, and financing. Risk of ruin separates zero balance, operational ruin, and a chosen boundary; Rekt is a broader label for a severe loss.
Sources
- CFTC, Futures Market Basics — Warns that futures customers can lose all their funds and sometimes more than the initial amount.
- CFTC, Understand Your Contractual Obligations — Explains that leverage can produce losses exceeding the initial margin deposit.
- CME Group, Position and Risk Management — Connects contracts, margin, mark-to-market, and risk controls.
Related entries
Drawdown · Risk of ruin · Rekt