Lessons from My Recent Trading Experience
Lessons from My Recent Trading Experience
I feel like writing this down because I forgot to post about it. So, I passed my PropFirm account around the end of March—probably on the 25th or 26th. Yeah. I basically started trading last week. After getting the accounts, I was very eager to make some profits, but I ended up making losses. I recovered and made about $300. Yeah, around $300 on the PropFirm account—the $5K account.
Looking back, I think the smart thing to do would have been to just wait for payouts and take them. Or at least manage my risk properly, just like I had been doing over the past month when I was passing the challenge. But instead, I was trying to force profits.
From my calculations, risking $150 per trade, will make me around $1.7K. Risking $300 per trade could have given me about $3K. But you see how unreasonable and stupid I am at the moment?😂 cos of greed. I basically lost every profit I made on my funded accounts, and now I’m even in a $100 drawdown.
After taking that loss, I realized something—I was being greedy. I wasn’t following a plan. I wasn’t sticking to a strategy. I think overconfidence played a part too. I called my best friend and told him everything. The funny thing? He had made the same mistake last year. He passed an account, but instead of staying disciplined and making a withdrawal, he ended up blowing it.
Luckily, I haven’t blown mine—I’ve just made some losses. But man, I haven’t felt this bad about trading in a long time. When I lost money on my real accounts before, it seriously affected my capital. And now, it’s like I’m repeating the same cycle.
I think the only solution is to stick to the plan. My confidence is getting ahead of me, and I’m being undisciplined. I see the greed in my decisions. I worked hard to get to this stage, but now, instead of maintaining my strategy and plan, I’m basically gambling. That’s not trading—it’s gambling. Trying to make big money in 10-15 minutes isn’t trading. I should have known better.
The worst part? I also shared a signal. So, it’s not just my loss—others who followed me also lost money. I feel bad about that, even more than my own loss. Week after week, we’ve been winning, but this week was different. And it sucks. It really does.
So, why am I writing this? Because I know that when I put things into words, I follow through. Writing it down keeps me accountable. Moving forward, I’m going to stick to my trading plan, stay disciplined, and not be greedy. That’s the main thing—I won’t be greedy.
This week, I probably won’t trade at all. Next week, I’ll focus on taking only A+ trades and seeing if I can recover the account. Even if I only manage to withdraw $50, I’ll take it—because I need to pay for the mistake I made.
But as I always say—I’m coming back. And that’s the good news.
