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9 thoughts on “A bad first day but still hopeful I will come out ahead, if I make 1300 a day on average I can dig myself out.”
64 trades in a single day and -8k…
EDIT: you also chose a swing account lol…
Wait so u made 64 trades in one day? That’s way way way too much. Focus on quality trades. I dont know your strategy but you should aim for less than 10 trades per day. Try to chose the best possible setups. 1300 per day with 200k is definitely doable, the hard part is to be consistent over the entire month. Good luck
yessir shit happens best thing to do is go back to the drawing board to figure out why you lost the trades you lost, did you get into them before a break & close of your structure? did u trade news? did you manage your positions regardless of a winning or losing trade? are you trading multiple pairs? questions like tht can help u better understand what went wrong & plan for the future best of luck broh
1-2 quality trades my man.
How did you not stop after 5….
Most edges will appear after 50 trades. A profitable system will rarely, if ever, be so deep in drawdown after 64 trades. I would reevaluate your entire method.
That’s good you stopped before hitting the daily max drawdown. Getting back after -5% is doable mate don’t give up you have plenty of time. First step focus on getting those loss back, ignore the 10% target for now. And once you are back up to 0, start thinking about the 10%
Sure can, go for those sure ones.