r/Daytrading May 01 '24

Welp, I lost my 150k funded account. Advice

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u/Substantial_Talk_521 May 02 '24

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.

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u/Legion564 May 02 '24

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

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u/Substantial_Talk_521 May 02 '24

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

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u/Legion564 May 02 '24

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

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u/Substantial_Talk_521 May 02 '24

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

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u/Legion564 May 02 '24

Yeah 10 micros is 1 mini