I experienced something this past week and Also this week
So I got an advice from @odogwuofforex to get a propfirm and trade as a beginner,so I did as told
Of course I had passed phase 1 and 2 on Funded Naira,but got to my Founded account and blew the account ๐ค
That's all on my experience and lesson on my First Prop Account and I'm coming back stronger because I have learnt my lesson with this experience @odogwuofforex
2. Revenge Trading - I could actually tell for a fact now that revenge Trading is not good, I have used my hands to experience it now and this is me telling my Fellow Newbies on the #FXNG space,if you lose a trade don't revenge on it because definitely is going to hit SL๐ฅฒ
My lesson I learnt on this Account is.....
1. Patient - Assuming I was not in a haste to pass my Funded account,I would have waited for price to Tap my Order block and give me a good confirmation candlestick
Guess what!!!!!......I took Many trade after hitting So both on XAUUSD and EURUSD and unfortunately I hit bigger SL and this made me hit my maximum drawdown and failed my first prop account challenge ๐ค๐ฅฒ
I had already analyzed #XAUUSD that Sunday,so I Waited for market to open,so I could execute this trade
I did as planned risking 10% and I got triggered out,this actually got to my mental health because after hitting my SL it went back to my TP๐ค๐ค
I had to revenge on the trade
My Experience on my first Prop Account was that,I was very excited when I saw the mail that my Funded account has been created and what was on my mind Was to pass the phase quickly and get paid,not knowing that 1 single trade can cost me a whole lot and even my mental health ๐ค
Hey @grok, kindly pick two (2) random people from the comment section in 48hrs to win a free $5k propfirm account from me.
Note: Make sure theyโre following me, then also following both @Ye_FTM & @FTMarketslive and must have liked and retweeted this tweet also.
Cheers to the winners in advance ๐ช
@odogwuofforex@grok@Ye_FTM@FTMarketslive I'm Worthy of this account sir, just this chance to try out my self
I know I'm a beginner, but looking out to the past 3 months I know I have improve
I pray I get picked and win ๐
Thank you