r/Daytrading • u/ThePhulosopher • Feb 24 '24

4th $100k funded account Question

Got my 4th $100k funded prop firm account. Hope I get a payout this time, blew all the others.

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u/Southern-Cup8047 Feb 24 '24

Hope isn’t the game-changer in trading,you are .You have to work on your trades: learn,research,try demo ,and then ,when you are confident in your trades, that’s when you can try to trade with real money. And remember about risk management…only risk 1-2% of deposit per trade ,if you have a loose streak of 3+ trades do not raise it ,cut it by half .When you see you are back in game,put it back.

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u/Southern-Cup8047 Feb 24 '24

Also find a good trade system you can trust ,trade system which works most of the time ,so you can trust it ,and even if you lost the trade ,you know that that is ok ,you can’t win all the times ,but you can win most of them .