I Lost My Funded Trading Account

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Daniel Inskeep

Daniel Inskeep

Күн бұрын

💰 Become a funded trader: tracking.topsteptrader.com/SHS8
📓 Best journaling software: www.tradezella.com/?via=danie...
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🟢 Order flow software: bookmap.com/members/aff/go/da...
Watch Part 1: • I Tried Becoming a Fun...
Watch Part 2: • I Tried Becoming a Fun...
In this final episode of trying to become a funded trader, I face a lot of ups and downs throughout live-streaming, the summer doldrums, and the swings of autumn.
I appreciate you all for following along with my trading journey. Many of you have offered me lots of sage advice, strategies, etc. because you are rooting for me to succeed. I truly appreciate it.
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DISCLAIMER: I am not a financial advisor. The content of this video is for entertainment purposes only and does not give any RECOMMENDATION to buy or sell any security. Investments of any type involve risk. These videos are meant to document my experiences and do not provide any guarantee of gains or losses in any investment.

Пікірлер: 452
@abeNpdx
@abeNpdx 4 ай бұрын
Hey Daniel, got turned on to Topstep from watching your first combine videos. I was always skeptical of prop firms. But after some devasting losses trading options on my personal account and watching your videos...I decided this could be the answer for me as well. I passed my first 50k combine on Jan 3rd and am now funded. Working now on my 150k and another 50k. Those videos changed everything for me bro, I went from a really dark place to absolutely stoked and optimistic. First time trading futures too! I can't believe I was trading options! Everything is clicking now without the complexities of options. Made $4300 between all my accounts in the last two days. I can't thank you enough for putting yourself out there and making these videos. THANK YOU!!
@DanielInskeep
@DanielInskeep 4 ай бұрын
this is my favorite kind of comment. congrats, man.
@streambolt2467
@streambolt2467 4 ай бұрын
i aspire to be like you
@Xx561SCRIBLERxX
@Xx561SCRIBLERxX 4 ай бұрын
Don’t let the need or want for money to cause u to risk your strategy. Remember u only need so much a month… to make your bills. Not wants.
@ni7299
@ni7299 3 ай бұрын
DUDE! Hell yeh! Slow down I’m trying to catch up!!👍
@EGR370
@EGR370 3 ай бұрын
Congratulations!! 🎉 whats your personal favorite good go-to strategy? 🎉
@tracynyokabi2607
@tracynyokabi2607 4 ай бұрын
I love how self-aware you are about your flaws in trade management, I have found myself in the hole where i cut my winners early. Definitely something I am working on.
@michaelmcwhirter
@michaelmcwhirter 4 ай бұрын
Hang in there man. Your dedication will see you through. I can't wait to see your future videos where you are winning daily!
@dzigginator5535
@dzigginator5535 4 ай бұрын
Congrats, Daniel! Really helps to break the ice... after you pass your first combine, it can be disheartening to lose an XFA, but it's a lot easier to get back there than it was the first time. Just a bump in the road. Keep grinding, man!
@smbuckley
@smbuckley 4 ай бұрын
Super impressed you were able to shake off a lost account and pull off another one, that's really tough mentally. You have an excellent disposition for trading, its just building the right habits now. Best of luck!
@MilesLangley
@MilesLangley 4 ай бұрын
Awesome man, thanks for sharing. We need more people in the space giving a realistic view like you have done here. Thanks
@joelwarren2993
@joelwarren2993 4 ай бұрын
Account 2 is the one! Good luck 🔥
@justistowne
@justistowne 4 ай бұрын
I'm currently in my combine and I feel this is a great reminder that once you pass the combine, your discipline and consistency still matters. Goes to show its not over yet. Thank you Daniel!
@DanielInskeep
@DanielInskeep 4 ай бұрын
it never ends :)
@mohamedchaer4013
@mohamedchaer4013 4 ай бұрын
good luck with your journey as a trader looking for to seeing the next videos as a funded trader
@Socrates21stCentury
@Socrates21stCentury 3 ай бұрын
Thank you for the update!
@Socrates21stCentury
@Socrates21stCentury Ай бұрын
@Daniellnskeep. No, but I love your dogs, I have Frenchies as well! 🙂
@radscorpion8
@radscorpion8 4 ай бұрын
man I love your honest and relaxed approach to everything
@dogelife7901
@dogelife7901 4 ай бұрын
I see the same at the casino.
@mrf2915
@mrf2915 4 ай бұрын
Found your channel recently, really liking the content, keep it up!
@DanielInskeep
@DanielInskeep 4 ай бұрын
thanks man
@UmarAshraf28
@UmarAshraf28 4 ай бұрын
Thank you for the transparency in a space that lacks it. You'll bounce back!! keep up the great work Daniel!
@DanielInskeep
@DanielInskeep 4 ай бұрын
thanks, umar 🙏
@MentalMoor
@MentalMoor 4 ай бұрын
Love your grind, keep going!
@black2009money
@black2009money 4 ай бұрын
Congrats man I really love to see the growth
@flintlights
@flintlights 4 ай бұрын
Got introduced to futures with your last video and started to learn last month. Started my first time with a prop firm (topstep b/c of you) and trying to pass the combine.
@souravkundu7938
@souravkundu7938 4 ай бұрын
good luck brother for your trading journey
@DanielInskeep
@DanielInskeep 4 ай бұрын
thanks!
@ru2528
@ru2528 4 ай бұрын
Thanks for updating boss, adore this series cause i'm in a bit of a similar part of my journey. i know youtube comment advice is probably not the one but with that being said, here goes hahaha, a huge change in my game was just accepting that 1m and 5m weren't for me, i get too freaked out with the speed, 4hr chart is my jam but it's not for everyone but i reckon just moving up your time frame can help descision making and dealing with fomo and all the fun fear based descisions. Anyway, take this with a grain of salt, if what you're doing is working and its just a mental thing sure you know yourself, keep at it, you're doing great!
@trader_mike
@trader_mike 4 ай бұрын
Awesome video and update Daniel. Good to see ya progressing as a trader!
@BiggzLyfe
@BiggzLyfe 3 ай бұрын
Thanks for keeping it real man, much respect!
@surfguitarsleep5265
@surfguitarsleep5265 4 ай бұрын
Thank you so much for sharing your journey to being funded
@DanielInskeep
@DanielInskeep 4 ай бұрын
of course!
@bttuce
@bttuce 4 ай бұрын
Way to bounce back Daniel, really appreciate the content and I hope this next funded acct continues going well for you!
@michaeldiamondturner
@michaeldiamondturner 4 ай бұрын
Love the realness brother! You got this keep killing ❤
@user-uo3ro3lr6m
@user-uo3ro3lr6m 4 ай бұрын
amazing Daniel , you know what i'm planning also to go with some funded platforms and you are giving us a great experience for the hole of the journey , i do really appreciate your effort
@dre6289
@dre6289 2 ай бұрын
Its fascinating watching your journey. I wonder where you'll end up
@misterraider7212
@misterraider7212 4 ай бұрын
I feel the exact same. I just recently failed my first combine because i was for the first time subject to monetary fears and took 2 big red days. Im overall profitable when in practice trading yet i let emotion affect my decisions. And it is the same problem as u said im overall correct on my "predictions" but bad executions. Coming from someone id say is in the same point as u in the journey, my advice is to not change strategy too much because u will always change ur strategy to what worked in ur last trade when it should be consistent overall. Fears will affect u in places u do not expect. Rock on bro im cheering for u
@miguelbenav
@miguelbenav 4 ай бұрын
I have thoroughly enjoyed your trading videos. Thanks so much for your dedication and it has been amazing seeing you constantly get better and better. Keep on rocking!
@DanielInskeep
@DanielInskeep 4 ай бұрын
thanks!
@palmetto.
@palmetto. 4 ай бұрын
Thanks for sharing, good video dude. Sounds like you’re on the right track, just keep working on improving the small things one at a time and eventually it all comes together. GG
@dylanstox
@dylanstox 4 ай бұрын
Excellent video Daniel! Your improvement is clear as day! Stay grounded and you'll see consistency sooner than you think
@DanielInskeep
@DanielInskeep 4 ай бұрын
thanks, dyl - you the goat
@shortsniper5455
@shortsniper5455 4 ай бұрын
Nice video ! i watch all your trading videos's from the start and i do see you made a big improvemernt in trading .. really nice to see it
@thenewsincolor5246
@thenewsincolor5246 4 ай бұрын
You can separate your volume indicator from your charts by clicking on the volume indicator and then select a new pane above or below, it makes the charts way cleaner and clearer
@nyontee0509
@nyontee0509 4 ай бұрын
You’re on your way to becoming a profitable trader my friend! Recognizing your weaknesses and working on them is the first step my friend.
@lpsminecrafter-js6ix
@lpsminecrafter-js6ix 4 ай бұрын
Great job mate. You are one of not many who doesn't sell bullshit. Keep on doing good job Dan.
@Spencer-od5bm
@Spencer-od5bm 4 ай бұрын
I just finished the other videos to see this one posted
@trime33
@trime33 4 ай бұрын
Awesome Video Daniel love the realism! - I joined Futures about 4 months ago and really enjoying it... very close to funded account fingers crossed!
@DanielInskeep
@DanielInskeep 4 ай бұрын
best of luck!
@xRageAgainstMachines
@xRageAgainstMachines 3 ай бұрын
Love the transparenccy
@zVaapu
@zVaapu 4 ай бұрын
In my opinion the hardest part comes after the combine. I like to take a break once I passed a challenge, to "reset" the mind. You are euphoric after a passed challenge. You want to make the real money. This is a bad spot to be in, IMO taking it extra slow with a fresh funded account is a must. Especially because drawdown will make you even more emotional.
@Cody23D
@Cody23D 4 ай бұрын
Position sizing is key for me. I almost never take more than one contract and this allows all the wiggle room I need in a trade. I chart previous days highs and lows, overnight highs and lows, and value are high and low and this keeps my trades tight and with good risk management. I watch the big 7 NQ, ES, and RTY to get a feel for the market and lets me know how tight my stops should be. I still cut trades too early I think everyone does brother. I also try not to buy the first touch of a key level unless there is reason maybe buy a retest still working that one out. Yesterday when ES broke 4760 we still looked fine so when we came back up got in for 5 points and that’s a good day to me. Best of luck will look for the next video and your continued success.
@PsychologistToTrader
@PsychologistToTrader 3 ай бұрын
Congratulations on being accountable. It’s hard to take losses and just as hard if not harder to share publicly. Your stats suggest you have a good system and you can have confidence in your analysis. Now just to tweak your wins to losses and I’m sure you will be back stronger than ever. Nice job reflecting and thank you for sharing! You got this!!
@refuge4oursoul
@refuge4oursoul 4 ай бұрын
I love these videos !!
@NimThree
@NimThree 4 ай бұрын
Same here; very good plans, less-than-ideal executions. I just finished a 2-week losing streak. It's hard, but we're still here! Eventually, we'll all get there as long as we keep coming back. Good luck Daniel and everyone!😊
@MarvinJulian
@MarvinJulian 4 ай бұрын
Hi, Love the video. My advice set a dollar target and just withdraw once you hit it. build discipline on withdrawing, will save you a lot of what ifs
@JW20236
@JW20236 4 ай бұрын
I can see you coming to grips with your weaknesses at some point. All the best in your endeavour. I'm no fan of day trading (swing trading more my thing). On an unrelated side note, I caught some TV the other day (a rare occurrence lol)and one of the adverts had your outro music on it!
@ShimonLobel
@ShimonLobel 2 ай бұрын
Take the Al Brooks trading class. 80% of break outs fail. Especially on the Nq. 2) your account size is your distance to draw down amount. That’s it. It’s not 50k 100k or whatever. Treat it like.
@libbyyyyyyyy
@libbyyyyyyyy 2 ай бұрын
I actually think im going insane with these future trading videos. Every video Daniel talks about the same things: "i couldnt manage my emotions" he says "i will stick to the plan next time". He must know that market basically does what it wants and daily trading is just glorified gambling. So whats the point of trading still? Does he get pleasure from losing money? I think trying to be good at trading is the most useless thing and a waste of time.
@DanielInskeep
@DanielInskeep 2 ай бұрын
lol
@DogsRC
@DogsRC 4 ай бұрын
Yo I feel like you’ve been getting better over time since you started the journey 2-3 years ago
@jjb1570
@jjb1570 3 ай бұрын
You doin a good job! I started trading because of your video with matt for about 8 Month. I exactly facing the same problems. In my Experience, i cash out as early as possible on my next funded account. Just for the feeling and to be able to pay for the next two resets. its the worst when you lose 3k because of the buffer zone. I wish you all the best!
@tomrobins2641
@tomrobins2641 4 ай бұрын
Everything you want is on the other side of fear. Face your fears. Let the winners run. Good to see you in another XFA. I miss your live streams.
@blaata
@blaata 4 ай бұрын
I would recommend you to not look at the numbers all the time, most traders gets scared or anxious when they see red (including me) especially with big numbers, so I decide to switch to percentage without looking at how much dollars I am in loss and it really helped me out.
@fiazmuhammad7009
@fiazmuhammad7009 4 ай бұрын
i love your videos about how u explain mistakes
@adan2974
@adan2974 4 ай бұрын
I have pretty much the same issues as you. I have already blown thousands on these challenges getting very hard to justify on continuing the trading journey. Definitely have to stick to 1 to 2 contracts or trade the micros. The draw down is very tight compared to the leverage on these challenge accounts. Patience is key
@haverelmink
@haverelmink 4 ай бұрын
Glad to see I'm not the only one making rookie mistakes. You'll learn from it, and come back stronger.
@thornbyte2011
@thornbyte2011 3 ай бұрын
We've been on this same road. First payout today after 5 months. Thanks.
@jkwan89
@jkwan89 Ай бұрын
So many relatable mistakes thanks for sharing
@jkam84
@jkam84 4 ай бұрын
Getting comfortable taking losses is the hardest part in this whole journey. Good job getting funded again, as someone who has passed 13 Apex PAs and failed 10 of them, I can relate to the grind and overall struggle.
@braden6992
@braden6992 4 ай бұрын
Looks like you have a great attitude and you're very self aware. All I would question is varying the number of contracts. It's a recipe for defeat. Think of it as like a unit for sports betting - never ever change the unit size.
@Pandabrah_D
@Pandabrah_D 4 ай бұрын
Thank you for sharing us all the good and bad of your trading journey Daniel! It's honestly more inspiring to see you reflect and improve month to month than any other overblown "I made xxx amount with this strategy" trading video. I hope you continue to improve and find success in the near future!
@Dark_Nebula254
@Dark_Nebula254 4 ай бұрын
Love the content and your confidence going into this. But noticed a couple things you could work on. Mainly, classic over trading. My advice is that set a game plan by marking out key levels and areas you want to take positions and it helps to include confluences that support your trade. Give your self a daily loss limit (I’m sure most brokers have a setting like this on their platforms) so that you avoid the huge loss days. Remember NEVER add to a losing trade and also market movements are probabilistic outcomes so it never makes sense to think it’s going one way, let it show you and understand more about market structure. Been funded mainly on the forex side e.g with MFF 😭, funded trader mainly. Just starting getting into futures and looking to take the top step challenge.
@tamslean
@tamslean 4 ай бұрын
Analyse, be confident in the trade, place it with stop and tp's and walk away until you hear the noise to represent closure
@user-db5gd2bl8j
@user-db5gd2bl8j 4 ай бұрын
Man I feel that. I lost my first ever funded account during that same week too. It really sucked
@jjp8445
@jjp8445 4 ай бұрын
Ye don't trade last two weeks in December mate
@cesarsalas8265
@cesarsalas8265 4 ай бұрын
Upload more videos like this. Great content
@Wealthg4ng
@Wealthg4ng 4 ай бұрын
Love the videos man. They motivate me a lot but quick question what broker are you using?
@DanielInskeep
@DanielInskeep 4 ай бұрын
it’s through topstep
@therealtraderlife
@therealtraderlife 4 ай бұрын
Don’t worry man! You can do it again!
@thomasd3261
@thomasd3261 4 ай бұрын
Awesome video Daniel! You’re the most open and honest trader on youtube that I know of and you set a realistic example of what the trading journey is like. With an absurt amount of scams, expensive courses and downright misleading information/statistics in the trading space, it’s refreshing to see someone making videos for the purpose of sharing their own journey without claiming to know it all! My trading journey started a year ago and although I’ve been funded twice (without being able to take a payout), I just can’t seem to consistently improve my performance. At this point I lack the motivation and focus to trade at all thinking I’m never gonna get there. Anyway, good luck and don’t forget to take a payout🙏🏼
@DanielInskeep
@DanielInskeep 4 ай бұрын
well, i’ve been at it for four years. trading will definitely beat you down, but if you can stick with it and improve, it’ll pay off. thanks for watching.
@singularitytrader
@singularitytrader 4 ай бұрын
Had the same outcome yesterday and for no good reason if not bad trade and risk management and wanting more.
@mikez4132
@mikez4132 4 ай бұрын
Nice! I have been trying to pass a 50k since Aug. Cant seem to get closer than 50% before everything I do goes south lol... Trying to learn from my mistakes..quickly! lol Look forward to more vids.
@pepaigea
@pepaigea 4 ай бұрын
What indicators do you like to use? I've been practicing Williams' Alligator and I'm liking it
@applejackzo
@applejackzo 2 ай бұрын
I just did 2 things I KNOW not to do and lost a funded account. Thankfully I have 2 more. But…I have to be better. Thank you for this.
@khatrades
@khatrades 4 ай бұрын
I love these. 🎉
@tuber7081
@tuber7081 4 ай бұрын
Have you considered just quick scalps, since you have a hard time holding trades and you tend to have large losses? This way you have a quick stop/small loss and you can get back in if needed, and you can comfortably get out green on a quick move
@DogsRC
@DogsRC 4 ай бұрын
Have you tried scalping instead of taking long trades? It will really cool to see another head to head with Matt just to see how much you learned
@forexkhan7421
@forexkhan7421 4 ай бұрын
Appreciate your transparency😮, don't average down and no trading on two instruments simultaneously. Overall you did great 🎉
@Jimmyp1809
@Jimmyp1809 4 ай бұрын
Daniel! I’ve had a very similar trading journey like yours. Good shit on all your progress and I’m wishing you the best my man. Just wanted to share that the delta Footprint charts were a game changer for me and Umar ashraf and Carmine rosato were great teachers here on KZfaq as well that explained the concepts perfectly. Much love man and keep going! Love the content.
@DanielInskeep
@DanielInskeep 4 ай бұрын
nice, yeah i use delta footprint and find it helpful.
@DorianGreer
@DorianGreer 4 ай бұрын
I like the honesty of real life; it tempers expectations vs those frauds that always win (because those courses aren't going to sell themselves).
@UmarAshraf28
@UmarAshraf28 4 ай бұрын
Amazing!
@PocketChange777
@PocketChange777 4 ай бұрын
Hey Daniel, keep up the excellent work. It's amazing to me how consistent you are. This is a stupid question because I know the answer is discipline but how do you stop yourself for adding way more contracts? 15 contracts is wayyy too much leverage but I find myself going on tilt when I hit a loss after a bunch of great (smaller wins) to only leverage up on a loser to end up hitting DLL. I can kick myself. It's like stairs up elevator down. I think I should perhaps just stick to 50k accounts but then the DLL is $1k. Anyways, wishing you all the best, keep on keeping on!
@DanielInskeep
@DanielInskeep 4 ай бұрын
well, with the XFA you have to follow their scaling plan which sets your max contract size by your closing balance from the previous session. so the max i could do with $2k+ is 5 contracts. but i know how poorly i manage trades when i over leverage and i would rather trade *repeatable* setups - not just get lucky.
@PocketChange777
@PocketChange777 4 ай бұрын
⁠have you considered getting x3 combines & XFAs to max it out? I'm going to try that and just copy on Motivewave.
@_jlb_5253
@_jlb_5253 4 ай бұрын
1:21 same bro my knowladge about where the price goes is good but my execution sucks , and when i loss 2 or more trades in a row i start making bad decisions . This is all about training and fixing that small mistakes
@DanielInskeep
@DanielInskeep 4 ай бұрын
fix small mistakes = see big results
@alexeverson2015
@alexeverson2015 4 ай бұрын
Hey Daniel I am the same as you with my analysis being correct but my execution (stops) being bad - quick rec for placing your stops: use ATR to set your stops. What I have found works for me is placing my stop, then adding 1/2 of whatever ATR currently is. For example, if I’m long NQ at 16800 and want to keep my stop at 10 points, and ATR is currently at 8, I’ll make my stop 14 points, at 16786. Hope this helps!
@thegagankhaira
@thegagankhaira 4 ай бұрын
Can you please share your trading setup? any routines that you do on everyday basis to help you in trading?
@DavidStephen
@DavidStephen 4 ай бұрын
Hi, Try to trade HTF & let you wins hit at least 1:2 RR. If you do that, you will become a trader consistently.
@corwinstormtv9136
@corwinstormtv9136 4 ай бұрын
why is trading so god damn hard. love the content dog keep it rolling until it sticks
@iAmCrunchy1
@iAmCrunchy1 4 ай бұрын
Try the 1000 & 3000 tick chart and maybe adding a footprint chart. I use a heat map, footprint, dom, and a couple minute/tick charts to trade. 3 years later I’m breaking even and will be profitable hopefully on my 4th year.
@tombrady930
@tombrady930 4 ай бұрын
I’ve said it in your first prop video but you should study ICT and create your own model if you want to be profitable.
@ImPipkinrick
@ImPipkinrick 4 ай бұрын
Screw the ICT cult. You wouldn't be on here shilling it if you were making out well
@harrybraulio
@harrybraulio 3 ай бұрын
Needed to watch this video today. I'm -1390 in my 50k xfa. Going to re asses and switch to practice for the remainder of the week
@dkpresents1177
@dkpresents1177 4 ай бұрын
Hello Daniel, what platform are you using when it shows you the calendar and all of ur winning/ losing days. Along with your profitability per trade I feel like it has a very good general showing of how you have been trading that month. I would love to incorporate this into my trading, just not sure what platform it is
@joesherry6732
@joesherry6732 4 ай бұрын
It's been wild seeing how you've improved over the years. What platform are you using now?
@DanielInskeep
@DanielInskeep 4 ай бұрын
thanks. i am trading on motivewave now.
@__Dave__
@__Dave__ 3 ай бұрын
Why trade at all if you haven’t found edge first..
@newnametrading
@newnametrading 4 ай бұрын
DO THE PAYOUT!!!!!!!!!!!!! Never slack on the payout , even do the minimum. Need to always pay yourself first
@zactastic4life
@zactastic4life 4 ай бұрын
Mid Nov till mid January can be rough so im learning; historically for most. Any enlightening changes or remaining the same to your strategy going forward? I believe it's a Thomas Wade style 1000 tick chart ? though i watched your other video months ago so i could be wrong. best wishes!
@XTRADERXNYC
@XTRADERXNYC 2 ай бұрын
Bro you are so realistic and very logical! Your thought process and understanding in an intimate of your mistakes is exactly what make a successful trader! Don’t give up and don’t repeat those mistakes and I am sure you’ll be fine
@jarbard
@jarbard 4 ай бұрын
This happened to my funded account , I traded with almost no emotion during the combine just traded per the strategy. As soon as I got funded, my phycology went to bits, and even when I got into profitable setups I'd trim much too early.
@casanova1012
@casanova1012 4 ай бұрын
which software/website are you sing to analyze your trades>?
@nobsfx-wb4el
@nobsfx-wb4el 3 ай бұрын
prime example of how not to trade, no clear rules nor strategy.this is gambling.Just because you know some trading words means you're a trader
@danielodihi6440
@danielodihi6440 3 ай бұрын
Hi Daniel, not sure if you’ll even ever see this but there’s one thing you’re missing. When you take a payout, say even as little as $300, Topstep then refunds your last months combine fee which is $149. So really it halves the cost it took to get funded (if one try on the combine with no resets). For context, I’m a Topstep and TPT funded trader and have had over 20 funded accounts across both companies. Still fine tuning my game but my average return on a funded account is around $4000 withdrawn (not bragging just want you to know why my opinion isn’t pointless)
@DanielInskeep
@DanielInskeep 3 ай бұрын
hey daniel, yeah - that is a good point and i should've done that on the first funded account.
@Antoniothescientist
@Antoniothescientist 4 ай бұрын
I love this video, extremely transparent as always. I’ve lost accounts as well due to my strategy being in drawdown. Would be easy to say psychology is your issue, however it seems to me that you don’t have clarity In your strategy. Too many subject factors often result in “mistakes” which is easy to classify as a psychology error but really it’s a result of the lack of clarity in strategy. No shame in a lost account. Learn from this experience, profitable months ahead!! 📈
@solumefood
@solumefood 4 ай бұрын
I lost my funded account 2x’s had to step back and admit that it’s different when you’re out of the combine and their is a real possibility of money involved. The mindset changes 😢 they don’t talk about that too much
@tonygonzalez8989
@tonygonzalez8989 4 ай бұрын
Hey Daniel, when your in the combine and trying to hit the goal the money that is used for those contracts, does it come from TOPSTEP or your own account
@DanielInskeep
@DanielInskeep 4 ай бұрын
it's just simulated money
@kierangallagher5687
@kierangallagher5687 4 ай бұрын
It doesn’t look like there is a clearly defined trading strategy.
@jinxypoes1
@jinxypoes1 4 ай бұрын
I see the same mistakes that i made,i stoped and look back at my bad habits,i try to see for volume ,value gaps or imballance,break of structure,you wil get there 🤓
@jafo1701
@jafo1701 2 ай бұрын
I feel your pain. I've lost two 50k funded accounts and a 100k just recently. I have the same type of issues, I gett into profit see I'm up a certain amount and either trail to closely or take the profit and the trade runs. I need to train my brain to let the trade run. So what I'm going to do is go to my personal account and trade the Micros...just 1 contract maybe 2. I think if I see small numbers I'm less likely to get spooked out of a trade. Once I gain confidence that my system works I'll give the funded account another try...or if I'm doing well in my private account just increase the scale.
@marcussagote
@marcussagote 2 ай бұрын
do you have to pay the money you’ve lost for the account? i’ve been looking into trying to get evaluated but even with that in mind it’s giving me second thoughts
@jafo1701
@jafo1701 2 ай бұрын
@@marcussagote nope. You just loose the account. The express account on top step is still a sim account...they just pay you for it. Once you get 30 days of $200 or more they consider moving you to a real account...however at that point they consider you a professional trader and you have to pay professional fees for market data. Once they decide to move you to a real funded account you lose the express account. You can't just keep the express account instead of going with a real funded account.
@jafo1701
@jafo1701 2 ай бұрын
@@marcussagote I think I'm going back to top step and try for the $150k account. I'd rather have that then three $50k accounts on Apex...I hate that trailing drawdown. For instance let's say you're up $1000 for the day. With Apex your it makes you less aggressive because that drawdown follows you up during the day. With Top step your drawdown is locked at close from the day before. So if you see a good setup, you can go really aggressive on contracts if you want try to hit a really big trade and not have to worry about that losing ground on that drawdown. So until you get that trailing drawdown to lock, you have to play pretty conservative and take your winner and profits. really hard to let trades play out.
@marcussagote
@marcussagote 2 ай бұрын
thank you! this infos really helpful
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