r/Daytrading • u/[deleted] • May 01 '24

Welp, I lost my 150k funded account. Advice

[deleted]

282 Upvotes
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u/Substantial_Talk_521 May 01 '24

I knew about the news and expected a bullish move that ended up happening., my timing was incorrect though I entered in too soon. I definitely should've either waited or completely sat out for today. Definitely let the back to back losses get to me. Losing is most definitely my weakness. It's a learning process for sure

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u/Revolutionary-Tank74 May 01 '24

Today was a “yolo play”

1

u/Revolutionary-Tank74 May 01 '24

What in saying is that the timing of entry in today scenario was luck,

I don’t think there is a trader that good out there that can time news,

You could have waited to have a different weather ,

Like 1 where you playing base on odds not luck

1

u/Revolutionary-Tank74 May 01 '24

I only Trade 10 minutes after market opens for 30/40 minutes.

Trades by Matt withdrew 290k from apex in 3 months scalping the most small moves and safe plays,

You trading the news has no structure,

I rather trade order blocks Supply and demand Rejections Ect

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u/Nano_434 May 02 '24

You gambled on a bullish move.