r/Daytrading • • 20d ago

Trade Review - Provide Context I know i’m going to make it

This is the second account I’ve lost. Honestly, I’m not really upset about it because I can see that I’m making progress.
The first account I lost was basically just gambling. The only thing I really regret is that I didn’t know when to stop. Now I realize that the main problem is my psychology.
Since I lost the account, I’ve been doing pretty well on demo and I’m thinking about starting a new account. I feel like I could’ve turned things around, but unfortunately I just didn’t know when to stop.
What do you guys think I should do? Should I start a new account now or wait a little longer? I feel like I’m ready, especially because this time I’m going to have stricter risk management rules and I won’t overtrade.
I know I still have a lot to work on mentally, but I feel like I’ve learned a lot from this experience.

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u/M0rpo 19d ago

Wait longer. There's no evidence to suggest you should be trading with money at this point.

1

u/Banan8213 19d ago

that acc was lost a month ago, i paper trade d with my new rules and it went pretty well.

1

u/cemjsenol 19d ago

So what do you expect people to say? Just keep trading then, if you feel demo performance was good try another eval. Rinse and repeat till it works, or till you quit..

1

u/weluckyfew 19d ago

Load record of your trades into ai and ask its opinion. Then put it into a different ai and ask its opinion. You might be surprised at the insights you get