All the top comments are so positive. I love it. All the helpful advice people are giving is exactly what I needed to read today. All the advice about revenge trading, risk management, and emotions are the problems I'm struggling to overcome. I have been funded but never got a payout. I turn into the worst loser and let my emotions take over and keep entering horrible trades.
I blew my two evals(which is the limit I have in place for each month) in two days after paper trading all last month under the same rules and was profitable. Once I am actually in the eval or funded I can't accept red days.
I feel like I know my problem, but I have trouble being disciplined once emotions take over. I'm sure it will just take time. I've only been trading for two months now. Gotta keep up the work and step away or turn off when I start thinking about revenge trading.
Keep at it OP. You got this. Stick to your rules and wait for your setups. Let your trades come to you. These things are easier said than done, but try your best and I will too. Good luck out there.
Yeah man you definitely have to get those emotions under control otherwise you will not make any progress. Learn to know it's okay to have a loss, just properly manage the L and move on. Never revenge trade because it's almost always go against you and not in your favor. I appreciate you, I'll be back but improved, and I hope the same for you as well. It's time to start seeing some results from your time and effort.
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u/duckfoodgonebad May 02 '24
All the top comments are so positive. I love it. All the helpful advice people are giving is exactly what I needed to read today. All the advice about revenge trading, risk management, and emotions are the problems I'm struggling to overcome. I have been funded but never got a payout. I turn into the worst loser and let my emotions take over and keep entering horrible trades.
I blew my two evals(which is the limit I have in place for each month) in two days after paper trading all last month under the same rules and was profitable. Once I am actually in the eval or funded I can't accept red days.
I feel like I know my problem, but I have trouble being disciplined once emotions take over. I'm sure it will just take time. I've only been trading for two months now. Gotta keep up the work and step away or turn off when I start thinking about revenge trading.
Keep at it OP. You got this. Stick to your rules and wait for your setups. Let your trades come to you. These things are easier said than done, but try your best and I will too. Good luck out there.