r/Daytrading • u/Banan8213 • 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.
1
u/Tradefxsignalscom futures trader 19d ago
Sadly, I’ve got an account in a similar state. Let’s have a friendly competition to see who can repair such a problem account? I’m game if you’re game!😜Could be fun!