u/EitherTelevision5600

Need suggestions

I’m a beginner trader. I bought my first funded account in February and performed well for almost three months. During that time, I learned a lot from both my losses and wins, especially about what to do and what to avoid.

However, things suddenly changed the following month. My stop-losses started getting hit, and then the market would move in my original direction afterward. I had been trading the same setups and scenarios successfully for the previous three months, so it became very frustrating. It’s understandable if it happens once or twice, but throughout the last week of April, almost every trade behaved the same way — the market would take out my stop-loss and then move exactly as I had anticipated.

As a result, I lost all the profits I had built up and came very close to breaching my funded account. I still believe my overall market narrative and trade analysis were correct before entering trades, but I kept getting stopped out repeatedly. It almost felt like the market did not want me to profit.

Mentally, it has affected me a lot. I haven’t traded for the last 10–15 days because I’m trying to recover emotionally from the experience. Need suggestions how you guys deal with situation like this?

reddit.com
u/EitherTelevision5600 — 2 days ago

I purchased a funded challenge account and initially achieved a 6% gain. However, I have since lost those profits and am currently down by 5%. Today marked my 14th consecutive loss. In many cases, the market hit my stop-loss and then moved in my anticipated direction, which has significantly impacted me mentally.

I would appreciate guidance on how to maintain composure and emotional discipline in such situations. Additionally, I would like to understand how long it typically takes to successfully clear a funded challenge. This is now my fourth month attempting it.

reddit.com
u/EitherTelevision5600 — 16 days ago