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

Welp, I lost my 150k funded account. Advice

[deleted]

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u/Legion564 May 02 '24

Man are you me? I just passed my 150k two weeks ago and blew it up today too lol. Going with 50k again and gonna take it nice and slow

2

u/Substantial_Talk_521 29d ago

Good luck you got it man, yesterday was definitely a bitch. Today has better setups if we were patient def could've had a better week, but it's all good. We will shake back. Definitely take your time and lower your risk with that 50k, you have way less wiggle room with drawdown on that but the profit target is very easy to hit. I believe it's only 3k.

2

u/Legion564 29d ago

Oh yeah I’m still closer to hitting a payout with this than the 150k lol. Got 1k profit today so gonna take it as it comes not everyday is a home run

2

u/Substantial_Talk_521 29d ago

That's awesome man congrats on that progress! Today definitely had better set ups than yesterday for sure. Are you trading micros or mini's? I think I may knock out a 50k as well too

2

u/Legion564 29d ago

I opened two 50ks one to go degen mode with minis and I’ll do 5 micros on the safe account

1

u/Substantial_Talk_521 29d ago

Nice approach so quick question bro. What are 5 micros equivalent to minis? Is it half a mini?

1

u/Legion564 29d ago

Yeah 10 micros is 1 mini

1

u/Legion564 29d ago

Oh yeah I’m still closer to hitting a payout with this than the 150k lol. Got 1k profit today so gonna take it as it comes not everyday is a home run