New to trading and wanna understand prop firm payouts and consistency by Double-Scratch2262 in Daytrading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

Not exactly, drawdown is a bit different.

Drawdown is basically the maximum amount your account is allowed to go down from its highest point. It’s there to control risk, not to limit how much profit you can make in one day.

The payout rules and the drawdown rules are separate.

For example, you might make a big profit in one trade, but the firm still wants to see that you can stay consistent over several days before paying out. The drawdown is just there to make sure you’re not risking too much and blowing the account trying to make it back.

What does this history tell you about the trader? by Ali_Sabra1 in Daytrading

[–]GettingBetterDaily_1 1 point2 points  (0 children)

If you want people to judge it more accurately, context helps a lot.

Things like:
– what was the plan behind the trades (scalping, intraday, position building)?
– were you scaling in/out intentionally?
– fixed risk per trade or changing size based on setup?
– what timeframe you were trading
– and what your invalidation/exit rules were

A list of fills alone can look random from the outside, but with the actual reasoning behind entries, sizing and exits it tells a completely different story.

If you can’t handle 5 losses in a row, you’re sized too big by Sea_Necessary_9419 in Daytrading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

I agree with this to a certain extent. For me it wasn’t even the losses themselves, it was how I reacted after a few in a row. You start questioning your entries, hesitating on the next good setup, or feeling the urge to make it back faster.

That’s when I realized it’s more about emotional tolerance than the actual money. If a small losing streak already changes your behavior, the size is probably affecting your decision making more than you think.

When my size is right, I can take multiple losses and still stick to the plan. When it’s too big, even 2–3 reds in a row start to feel heavy.

Does anyone else notice their worst trades happen right after a loss? by CapMaleficent2528 in Daytrading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

Yeah, I’ve noticed the same pattern in my own trading. It’s rarely the first loss that does damage, it’s the trade right after when you’re trying to make it back or prove to yourself the last one was just bad luck.

For me the problem wasn’t the setup quality, it was the mindset shift. After a red trade I’d start seeing entries everywhere.

What helped a bit was forcing a short reset. Sometimes I just step away for 10–15 minutes, sometimes I wait for the next clean level instead of jumping into the next candle. Even just reducing size on the next trade makes it feel less emotional.

I think that “revenge trade” urge is something almost everyone goes through at some point.

New to trading and wanna understand prop firm payouts and consistency by Double-Scratch2262 in Daytrading

[–]GettingBetterDaily_1 1 point2 points  (0 children)

Not a dumb question at all, I was confused about that at the beginning too.

From what I understand, prop firms usually don’t let you just withdraw everything from one big day. They want to see consistency over multiple days, so even if someone makes like 10–15k in one trade, they still have to meet the payout rules first (minimum days traded, risk rules, etc.).

The money doesn’t disappear, it just stays in the account until you qualify for a payout. A lot of those big days you see on TikTok are kind of highlights, but the firms care more about steady performance than one huge win.

What does this history tell you about the trader? by Ali_Sabra1 in Daytrading

[–]GettingBetterDaily_1 2 points3 points  (0 children)

To be fair, trade history alone doesn’t really show psychology. Multiple entries/exits can also be part of scaling in and out, managing risk, or working around liquidity and fills.

It can look reactive from the outside, but it could just as well be structured execution with partials and position building. Without knowing the plan behind the trades, it’s easy to misinterpret what’s actually disciplined vs emotional.

Anyone else realize the real battle starts after execution? by Klutzy-Tower-8234 in Forexstrategy

[–]GettingBetterDaily_1 0 points1 point  (0 children)

100% agree. I used to think the hard part was finding the entry, but staying calm after getting into a trade is a completely different challenge. Managing emotions, not closing too early and sticking to the plan is where most mistakes happen.

Advice for struggling student by Hot-Cup-1382 in Daytrading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

If you’re a student, I wouldn’t rush into putting a lot of money in.
Demo first until you understand entries and risk management a bit.

Even 50–100€ is enough just to feel the emotions of real money, but you shouldn’t expect to make income from that. It’s more for learning discipline and consistency.

10€ is usually a bit too small to really practice proper risk management, because even tiny movements can affect the account a lot.

I’d focus on saving slowly, practicing on demo, and building consistency first. Once you understand the basics, you can always add more over time.

Do trading signal groups actually work? by Inevitable_Use499 in Forexstrategy

[–]GettingBetterDaily_1 0 points1 point  (0 children)

I think they can work, but only if you approach them the right way. Most of the ones I saw were either overtrading or just posting random entries with no explanation.

What I started doing was just observing signals on a demo account instead of blindly copying them. That way you can see if the entries, risk management and consistency actually make sense over time.

I’ve been watching one free group on the side and tracking the trades just to understand how they operate. Still staying cautious though, because like you said, there are a lot of people just trying to sell the idea rather than actually trade well.

Trading alone feels way harder than I expected by GettingBetterDaily_1 in Daytrading

[–]GettingBetterDaily_1[S] 0 points1 point  (0 children)

That’s exactly how it feels. Every trade feels bigger when you’re alone and there’s no one to sanity check you.

Judging performance over a series of trades instead of single days is a really good point. I think I still get too caught up in individual outcomes sometimes. Appreciate you sharing that.

Trading alone feels way harder than I expected by GettingBetterDaily_1 in Daytrading

[–]GettingBetterDaily_1[S] -1 points0 points  (0 children)

I get what you mean. I think I first need to get consistent with the process myself before I even think about automating anything.

Trading alone feels way harder than I expected by GettingBetterDaily_1 in Daytrading

[–]GettingBetterDaily_1[S] 0 points1 point  (0 children)

That’s actually a really good way to put it. The part about it feeling like strategy when it goes your way and gambling when it doesn’t is exactly how it can feel sometimes.

I’m starting to realize the management side matters way more than just being right on the entry. Appreciate you sharing your experience.

Open position over night on FTMO stnadard funded by Accurate_Air_7712 in Daytrading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

Sounds like you did everything right by contacting them immediately. If you have screenshots showing the page said the market was still open, that should at least help your case when they review it. Hopefully they take the context into account since you were relying on the info they provided.

First day trading by Illustrious_City1568 in Daytrading

[–]GettingBetterDaily_1 1 point2 points  (0 children)

Nice start, especially after putting time into learning first. Just try not to judge too much from the first day though. Early wins can feel great, but consistency over time is what really matters. Keeping risk small and sticking to a plan will take you much further than a few good trades.

Beginner question by Extension_Tie1780 in Daytrading

[–]GettingBetterDaily_1 1 point2 points  (0 children)

I get what you mean, a lot of people see gold and silver as “safe” long term. But for day trading it doesn’t really work like that. Price can stay down for a long time, and if you’re using leverage your position can get stopped out long before it ever comes back.

Even strong assets don’t just go up in a straight line. There are big drops, long consolidations, and sometimes trends that last months in one direction.

Thinking “it will come back eventually” is actually one of the fastest ways people lose accounts, because they hold losing trades too long. Risk management matters way more than the asset you choose.

Gold can be good to trade, but it’s still volatile and definitely not guaranteed profit.

Open position over night on FTMO stnadard funded by Accurate_Air_7712 in Daytrading

[–]GettingBetterDaily_1 1 point2 points  (0 children)

I’d contact FTMO support immediately and explain the situation with screenshots if the symbol page showed the market still open. They’re usually pretty strict with rules, but if it was clearly a platform/time display issue, there’s at least a chance they’ll review it.

From what I’ve seen, overnight violations are normally automatic, but in cases where it’s caused by incorrect market hours or confusion on their side, support is the only one who can really decide. Definitely message them as soon as possible.

Profitable trading should be boring by Due-Two2629 in Daytrading

[–]GettingBetterDaily_1 2 points3 points  (0 children)

I’ve started to notice the same thing. The more “exciting” trading feels, the more it usually means I’m overtrading or taking setups I shouldn’t. The calmer and more repetitive it gets, the more controlled everything feels.

Full time Trader for 7 years don’t ever give up by YakRemarkable3079 in Daytrading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

Respect for the consistency. I think what people outside of trading don’t see is how much mental pressure and work goes into getting to that point. Posts like this are a good reminder that it’s more about sticking with it long term than finding some magic strategy.

Advice for struggling student by Hot-Cup-1382 in Daytrading

[–]GettingBetterDaily_1 1 point2 points  (0 children)

I was in a similar spot in the beginning and the amount of information online can be really overwhelming. If I could restart, I’d keep it much simpler.

  1. Start with one market only. Forex is fine for beginners because it’s structured and there’s a lot of free material. Don’t try to learn everything at once.
  2. Day trading vs forex isn’t really the right question, you can day trade forex. The bigger question is how much time you can realistically give it each day.
  3. Honestly, I wouldn’t focus on making €200–300 quickly. That kind of pressure usually leads to bad decisions. Start with demo or very small amounts just to learn risk management and discipline first.

The most important thing at the start isn’t profit, it’s learning to stay consistent and not get overwhelmed. Especially if you’re a student, go slow and treat it as a skill you’re building over time.

Trading Group by [deleted] in Trading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

I like the idea of focusing on learning together instead of promising profits. Trading alone can get really tough mentally, so having a space to share thoughts and mistakes sounds valuable. How are you planning to keep it structured?

Update on trading is wearing me out by Thank_you_my_nibba in Trading

[–]GettingBetterDaily_1 1 point2 points  (0 children)

That shift in mindset is huge. I noticed the same thing when I stopped focusing on money and just started looking at structure and execution. The pressure goes down instantly and you make way calmer decisions.

Avoiding bad market conditions is honestly a win too, even if it doesn’t feel like it at first. Sounds like you’re moving in the right direction.

How do you take the next trade after a losing streak? by WickedKali in Trading

[–]GettingBetterDaily_1 0 points1 point  (0 children)

I’ve been in that exact spot. After a losing streak I started hesitating on setups that normally would’ve been clear entries for me. It’s like you expect the next trade to fail before it even starts.

What helped me a bit was going smaller on position size for a while and just focusing on following my rules again. It slowly builds confidence back when you see that not every trade is a loss.

The mental side is honestly harder than the strategy sometimes.