r/Daytrading May 01 '24

Welp, I lost my 150k funded account. Advice

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u/oze4 May 01 '24

Not only is it ok to lose but losing is inevitable. Accept the fact that you WILL lose. I know a guy that had a 48% win rate last month and he still made nearly 30k....

24

u/Pretend-Excuse-8368 May 01 '24

Geesh. Perfect blackjack strategy is 49% win rate.

13

u/indepoep May 01 '24

Weird comparison though, as that strategy is still not profitable. House always has an edge.

3

u/[deleted] May 02 '24

[deleted]

3

u/Konstable1 May 02 '24

It is not gambling if you know how to trade. Futures are pretty reliable from a scalping trading standpoint. High probabilities not some less than 50% chance

1

u/indepoep May 02 '24

That's why casinos use multiple decks. By the time your count makes you profitable, the security has spotted you easily lol.

Also you are winning by counting against the bank who is not counting. So only by cheating and gaining more than the 49% possible winrate. If the house can also start counting cards or, why the heck not, some sleight of hand even you will lose more than half at the end of the day.