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?