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blown account

What does blown account mean?

A trading account that has been reduced to nothing through catastrophic losses. To 'blow up' an account is a rite of passage on WSB.

"Third blown account this year but I'm feeling good about these calls."

Origin

Trading slang for total account destruction, embraced by r/WallStreetBets degens.

Frequently asked questions

What is a 'blown account'?
It's a trading account that's been reduced to nothing — or nearly nothing — through catastrophic losses. Traders say they 'blew up' the account.
Is blowing up an account a big deal on WSB?
Culturally it's treated almost as a rite of passage, worn with dark humor rather than shame. In reality it means losing all or most of your trading capital, which is a serious outcome.
How do accounts get blown up?
Usually through oversized, leveraged, or all-or-nothing bets — like short-dated options or heavy margin — that move sharply against the trader with no cushion to absorb the loss.
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Slang definitions: FreeDict original editorial.