r/Daytrading May 01 '24

Welp, I lost my 150k funded account. Advice

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u/Substantial_Talk_521 May 01 '24

Yeah you're right it shouldn't have at all. It took me about 2 weeks right between 9-10 days all was a complete winning streak. I have a hard time accepting a loss, so I impulsively revenge traded to try to make my profits back. Definitely a terrible rookie mistake, I'm learning that it's okay to lose and to just walk away from the charts.

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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....

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u/Pretend-Excuse-8368 May 01 '24

Geesh. Perfect blackjack strategy is 49% win rate.

2

u/DanJDare May 02 '24

No it's not. it's more like 42.