A big lesson learnt today 😔
I'm a regular guy big on 3R setups and this particular setup was giving 3.5R! I let d w(a)r sentiment and greediness get to me then I manually extended my TP for 5R
That was d beginning of this setup downfall 😭😭 had to settled for 1R from 3.5R🙂↔️
7% drawdown. $186,000 balance on one of my $200,000 accounts.
Only 3% left before it was gone. Most accounts don’t recover from that.
I took it from 7% down to 13% profit ($225,000) in just a few trades.
Here’s exactly what I did, and how you can realistically climb out of a drawdown without revenge trading your way into a blown account.
Read till the end. 👇
With the current market conditions, drawdowns are everywhere on the timeline right now. Even consistently profitable traders are getting hit. I’ve been there too.
Here’s how to recover from drawdowns realistically, not the “just stay disciplined” motivational nonsense.
I’m talking about the actual things that stop you from turning a -5% drawdown into a blown account.
1. Cut your risk immediately.
If you normally risk 1%, drop to 0.25–0.5%.
Why?
Because when confidence is damaged, execution usually gets worse too.
You don’t recover from drawdowns by swinging harder.
You recover by surviving long enough to regain consistency.
My standard risk across all my accounts is 1%. The moment I hit a drawdown above 2%, I immediately cut risk to 0.5% and stay there until I’m back at breakeven.
That one rule alone has helped me trade my $300,000 FundedNext account for over a year and my $400,000 FTMO accounts for 3 months + without a breach or blown account.
Your first priority in a drawdown is survival. Profits come after.
2. Find out what actually caused the drawdown and be brutally honest.
Was it:
• Overtrading?
• Revenge trading?
• Ignoring bias changes?
• Poor entries?
• Trading while emotional?
• Breaking your model?
• FOMO?
Most drawdowns are psychological before they’re technical and sometimes your strategy isn’t the issue, you are.
A profitable system traded by an impatient trader becomes unprofitable very quickly.
You can’t out-trade poor emotional control.
3. Go back to your A+ setups only.
In recovery mode, stop taking mediocre trades. No “maybe” setups, no boredom trades, no random pair hopping, only what has historically worked best for you.
If it’s not an A+, it’s a no.
4. Eliminate the urgency to recover your account in 24 hours.
That urgency creates bad decisions.
A healthy recovery can take 2-4 trades depending on RR. It can take weeks sometimes.
That’s normal.
5. Protecting capital matters more than recovering ego because the market doesn’t care that you “need” the money back.
Trade what’s there, not what you wish was there. Chasing recovery is how a 7% drawdown becomes a blown account.
Survive first. Everything else follows.
Also for my crypto traders, if you’ve been eating heavy spreads trying to trade crypto on forex prop firms, there’s a better option.
Crypto Funded Trader is the first prop firm built specifically for crypto traders. The account types, trading conditions, everything was designed with crypto in mind.
I’ve used it personally. The difference is noticeable. If you’ve been looking to get into prop trading with crypto, this is where I’d start.
Follow me, @Starr_gael, and turn on post notifications to stay updated and be the first to see whenever I make a post.
You’ll find trade documentaries, breakdowns, insights, results and my personal thoughts on my WhatsApp. Click the link below to connect.👇
https://t.co/HOc1mv5KrZ
@softbabyTM Lastly, most of my entries are market execution or BUY/SELL Stop so it also helps to filter d time d trades triggered!
With that, can't have issues of copy trading!
Firstly, they would have been aware and expect you to be aware!
Secondly, you can be caught for copy trading if you mirrored d exact entries and exits but what if they actually don't use D broadcasted entries and exits!
I can say of this second one because I actually drop my setups to my pals without including my entries and exits. It's left to them to go and pick from where I picked and their exits since dey sabi d drill too.
From d SS, you can see that I didn't enable my prices!