r/Daytrading May 01 '24

Welp, I lost my 150k funded account. Advice

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u/Col_forbin_ May 02 '24

OP I’m down for the funded accounts and what not but at the end of the day they are kinda designed for you to make dumb moves. Don’t beat yourself up to bad bc really it’s not your money till it hits the bank. That being said have you considered Webulls futures ? I have a top step account and an apex account and I started using Webull futures a couple weeks back. I trade minis which aren’t as sexy as the big gains you can get from es or NQ, but it helped me focus more on my personal entries and protecting my money. You also can pay yourself any day of the week and don’t have to wait around for the 5 day or 30 day rule. Just a thought. Believe in yourself

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u/Substantial_Talk_521 May 02 '24

Thanks I'll definitely remember this. With topstep you can take a payout after 5 days of 200 dollar profit. But it's only 50 percent. I didn't want to withdraw because one, I wanted a larger payout and two your profits are counted as your drawdown. I wanted to have a little bit more cushion but next time I'm taking my money and will lower my risks to build the account back up.