I LOST MY FUNDED ACCOUNT!!! what’s next?

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  • čas pƙidĂĄn 5. 09. 2024
  • Topstep XFA
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Komentáƙe • 15

  • @RoyElliottArtCustoms
    @RoyElliottArtCustoms Pƙed 2 měsĂ­ci +6

    bro your account was still a baby you should NOT take a payout for at lease 10 days and build the account 3-5 k balance before you take a payout

    • @TheImbalanceTrader
      @TheImbalanceTrader  Pƙed 2 měsĂ­ci +2

      Yessir You are absolutely right, I got distracted along the way and stopped doing what was working. Impatience and fear took over before I had the chance to manage the account rationally.

  • @mjohnson510
    @mjohnson510 Pƙed 2 měsĂ­ci +1

    You trade GC that’s why you’re losing. And you probably don’t trade New York Session. Better move to NQ or ES. I make $500-$1k a day off 2-4 days a trade then I lock my account. I’m funded with the 150k and plan on going Live soon. Not taking any payouts til I’m around $8k-$10k.

    • @TheImbalanceTrader
      @TheImbalanceTrader  Pƙed 2 měsĂ­ci +1

      First and foremost congrats! Keep up the good work brother, yeah it’s true trading gold & trading in a consolidating London session has impacted me negatively. It worked for me at a time but not anymore so I am changing that

    • @mjohnson510
      @mjohnson510 Pƙed měsĂ­cem

      @@TheImbalanceTrader Thank you! And yeah brother here is a tip split your TopStepX window and have ES on the left and NQ on the right. Make sure they’re linked. Have TradingView up to watch SPY (S&P500) stock. NQ follows SPY. ES is identical to SPY. Use Spy as a confirmation for entries and exits to scalp. My confirmations are only based off SPY

    • @TheImbalanceTrader
      @TheImbalanceTrader  Pƙed měsĂ­cem +1

      Will do!! Thanks for the tip đŸ™đŸŸ

    • @FuturesTraderChris94
      @FuturesTraderChris94 Pƙed měsĂ­cem

      You don't plan on going live. Topstep risk managers will make that call.

    • @mjohnson510
      @mjohnson510 Pƙed měsĂ­cem

      @@FuturesTraderChris94 They already hit me up and told me they’re looking forward I reach that milestone. I already took $7k in payouts before my gf blew my account triggering one of my hotkeys while trying to distract me at my desk.
      This was after I took two payouts and NQ dropped like 200 pts and my account got blown.
      But this week was very profitable for me trading $SPY. I’m an options trader so I make the same scalping 3 day ITM contracts.
      I’ll give TopStep a try again. But, I like being able to have more control of my money.

  • @allsznsports
    @allsznsports Pƙed 2 měsĂ­ci

    what is the program you are using to track your trades?

    • @TheImbalanceTrader
      @TheImbalanceTrader  Pƙed 2 měsĂ­ci

      @@allsznsports I use Tradezella

    • @allsznsports
      @allsznsports Pƙed 2 měsĂ­ci

      @@TheImbalanceTrader just earned my first xfa so this will be useful thank you!

    • @TheImbalanceTrader
      @TheImbalanceTrader  Pƙed 2 měsĂ­ci +1

      @@allsznsports congrats!! Yes it is very helpful especially to journal about your trades, your psychology and overall trading patterns

  • @Javstrading
    @Javstrading Pƙed 2 měsĂ­ci

    Yea brother if I lose 1-2 trades in one day I stop trading I don’t force anything after that looks like you just kept trading

    • @TheImbalanceTrader
      @TheImbalanceTrader  Pƙed 2 měsĂ­ci

      Yeah bro there was a little bit of overconfidence there. At one point I was up $200+ but for whatever reasons I kept taking additional trades and going full tilt đŸ€ŠđŸŸâ€â™‚ïž definitely planning on doing better on the next one đŸ‘ŠđŸŸ