Stop Losing Funded Accounts! The #1 Trader Killer
ฝัง
- เผยแพร่เมื่อ 7 ม.ค. 2022
- Why do FTMO traders lose their funded accounts? Why do prop firm traders lose their funded accounts? We constantly talk about the losing side of trading, but what about the winning side? What is the problem with winning trades? Well..let's talk about it.
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I passed my evaluation challenge in 3 days with proper daily goal, and yesterday I received the funded account and breached my DD on London opening, less than 24hr after receiving it! I feel so bad, just hit hard. Gotta re-roll again and get back up.
After my winning streak on passing my phase 1 of My mff evaluation account. I nearly blew my phase 2 account. I had to step back and get ready for next week. No matter how much we practice emotional control in trading it sometimes catches me and I get pulled in.
Definitely can catch us off guard!
This is really happening to me. I passed a MFF evaluation in 2 weeks and got my funded account. From the moment I was live my results just switched to bad..I believe your right
It’s okay Emanuele! You have passed, you know you are profitable! Lets get back on track!
I've previously failed 2 FTMO challenges and went back to the drawing board, and I just recently passed my MFF Evaluation and I'll be starting on the live account on Monday, I'd say what I was struggling with previously is risk, I'd change lotsizes on every trade I took and it let to me having shaky results which eventually caused my failing of the challenge none the less I worked on it and I tweaked my trading plan I hope everything goes well.
Wishing you all the best!
Probably one of the best insights that new traders need to come to terms with. Good video yet again brother
Thank you!
good content as always Raf
Thank you!!
This happened when I passed my first challenge. Thank you so much now I understand what happened. I thought now I have cracked the code. -6% in DD now god damn it, life is teaching me a lesson. I have my system but aint following it as I was over confident and thought im the market maker
Once funded risk 0.5% to have a 20 trade streak draw down untill loosing the account.Ince you make 10k to 11k then risk 100 per trade so you will have 2000 drawdon to lose it
Good job done sir 😊
Thank you!
True words🙏
100%!! 💪💪 I appreciate you!!
I really love this video and how it is explained, I appreciate your effort mate.
I will do this type video on my channel too.
Thank you! I appreciate the feedback!
U can make a living with one strategy, keep pushing guyz
💪
I'm still in my Kruger Journey
1 year ago: As a newcomer
+5, +15, +30 overconfident and trading is easy
Then -5, -10, -50
Damn, this is impossible
Stopped trading for months
Few months ago:
Started again and trading slowly, i was profitable but with the time i started to take more and more risk and my trading type went from swing to intraday to scalping and started to lose again
Now i'm in the phase of working my psychology by lowering the importance of trading and coming back to my old trading strategy
Hard to be a trader
Dunning KRuger effect so true. ANother great vid bro.
Thank you!
Amazing
I was 7% funded live but then blew it all... Day before my payout
I find my confidence, growing or decreasing in a very small phase nowadays, when I know I will have big winrates and also some drawdowns, but I was so emotionally attached in the beginning that this would fk with my trading, thinking I am the next forex prodigy to wanting to stop trading forever because I loss 5 times on a row. This is the live of us traders, a crazy story of endurance.🤣
49% month on MFF bruh... Taking a break...100k acc.next month 🤞🏾
I'm happy for you!
No regrets with this channel 💪🏾
Thank you! 💪
I got my live account and suddenly streak of losses started. Streak so big, I eventually crumbled and lost it
Nice bro which community is good jam starting forex?
I would say either FalconFX or Guerrilla Trading (Guerrilla trading you have 10% off with the link and code in the description)
Do you guys use when you scalp 0.5 or 1% per trade or for different type of trades different %. Because for scalping lets say it is less room for the trade you know what i mean? and how much % you use per trade overall im on phase 2 now but struggling :/
So true! What helps me now having to withdraw my profits every two weeks so I don't have too much time to sit in my profits and lose them hahah
Love that approach ahahah!!
I was up 11% on my live funded account on the first week let’s just say it’s not that anymore😂 I was wayyyy too overconfident
Yeah hahaha, happens. We have to just learn from the mistakes made
That was me 😂
This explained me!!!!!! I was up 2% on my 400k in 1 day … 4 hours later down to 7.3k
💪💪💪
Same thing mff 100k account passed in one day I think in my that's it I have become pro trader but the twist 5 days need to trade in mff to get second evaluation just with over confidence collapsed and lost my account. Now I'm thinking whether I'm wasting my time in forex like that
What happens if let’s say you blow the prop firms account ?. Like for example you lost the whole amount you were funded ?
Thanks Bro I needed it. Down -3% thinking I know nothing and considering giving up to get a job at MCDONALD'S
🤣
same here bro. I'm down 1.5% from a losing streak and i get demotivated.
Ive failed 20 challenges
I am focusing on one strategy and a few pairs, the pairs have not been giving me set ups to trade lately and I only have 13days left to finish the challenge. This is really dealing with my psychology to trade other pairs. What do you think guys?
Yo Chris, how was the challenge?
physchology is everything in trading yet the hardest to master.
Psychology**
100000%!!
I have not had a losing day since October 2021.... am actually worried. 😞
Are you saying you are always winning or always losing? From what I understand you are saying you are always winning, and if that’s the case, well done!! Don’t let it get to your head tho. If the opposite is true, just try to figure out what lessons you can take from that
@@KimmelTrading yeah wining. I am trying my best to be humble about it. I even took last week off so I can have a clear mind. It’s a good problem to have but I am prepared for a pullback
@@lombardo141 Don't think about the pull back, but don't get overwhelmed by the wins too! Well done!
@@KimmelTrading ty 👍
How do you trade?
Just kill all of the gains 😂
Now I am in a situation of I KNOW NOTHING tbh
Hahaha, so, let’s get to it!