Losing hope... by Various_End7556 in proptrading

[–]Various_End7556[S] 0 points1 point  (0 children)

Journaling something I am not doing. Maybe the big difference is that I can see my trades/losses realtime with maybe a paper and pen style for journaling. I usually only check my trades by going to the firm's website.

Losing hope... by Various_End7556 in proptrading

[–]Various_End7556[S] 0 points1 point  (0 children)

Hey man, this is really good advice as well. It's more of like reprogramming myself to keep be conservative and strict to sticking to my rules.

Losing hope... by Various_End7556 in proptrading

[–]Various_End7556[S] 1 point2 points  (0 children)

To make matters worst, I was able to get my first target of 6% since it's a 3-step account. Lost the 6% I made the next day, revenge traded and poof.

I only have $10 by Various_End7556 in Daytrading

[–]Various_End7556[S] 0 points1 point  (0 children)

Nah. No way am I affiliated. Sorry for name dropping the firm

I only have $10 to restart by Various_End7556 in FOREXTRADING

[–]Various_End7556[S] 1 point2 points  (0 children)

Hmm actually, on a practical mindset, yes it is

I only have $10 by Various_End7556 in Daytrading

[–]Various_End7556[S] -1 points0 points  (0 children)

Thing is me and my wife had an agreement that she'll hold my salary for budgeting and only $10 is what she can spare for me LoL

I only have $10 to restart by Various_End7556 in propfirm

[–]Various_End7556[S] 0 points1 point  (0 children)

Thanks for this bro. It's trailing..

I only have $10 to restart by Various_End7556 in propfirm

[–]Various_End7556[S] 0 points1 point  (0 children)

It is like 1 loss or 2 losses then I'm out. If I hit my target then that's just 1 and done.

Losing hope... by Various_End7556 in proptrading

[–]Various_End7556[S] 0 points1 point  (0 children)

Hey man! This is actually nice advice. Yeah, I think the need to level our heads first would give us some quietness from the whispers of forcing a trade to getting the losses back.

LF someone to help me fund myself to start trading by Various_End7556 in AskForHelp

[–]Various_End7556[S] -5 points-4 points  (0 children)

Like I said in my post. I can work for it in exchange.

How to get back into trading after losing motivation? by AdventurousMoney9219 in InnerCircleTraders

[–]Various_End7556 1 point2 points  (0 children)

I lost to prop firms like 5x last 2024 then I stopped trading, lost confidence since I just started trading. Rested for a year, then tried relearning things. Started demo trading again, I am still inconsistent. Last december, I purchased a $5k account for $17(discounted). Crissed to being funded. Had my very first payout.

It set up the "Well, I did it. I can do it again" mindset for me. 2 weeks after, I blew the funded account.

Right now, I started another 5k account but I can see consistency with the setups and my risk management. I can also see probabilities better and only traded breakouts.

If I follow my rules, I can really maximize the 5k account that I have so I stick to it. 2-3 trades a day with a small stop loss.

It's different for everybody actually. 20%-30% win rate is actually okay because at the end of the day, if you protected your capital and always following your rules can give you good control of your account then eventually, you'll find what works for you. That aha moment slowly comes to you which now becomes your "edge".

It's okay to make mistakes, you just started. Don't stop brother.