I took my first trade on a $100K FTMO account on Friday, risking 2% ($2,000) with a 10% ($10,000) target. The market closed 4 hours earlier than usual, so I had to hold the position over the weekend.
On Monday, my TP was hit within 20–30 minutes of the open, but because of roughly $300 in swap charges, the account finished just short of the 10% target.
Instead of waiting for another clean setup, I tried to recover that missing $300. I took a loss, and over the week I slowly gave back around $7,000, bringing the account down to about $103K.
A small gap to the target can become a bigger psychological challenge than the target itself. That’s why I prefer passing challenges in one or two trades whenever possible.
No excuses lesson learned, and I’ll hit that 10% target soon.
Have you ever gone through a similar situation? Let me know in the comments.
The smarter you are, the longer it may take you to become a profitable trader.
The dumber you are, the faster it may take you to become a profitable trader.
Some days it takes 10 trades to pass the challenge, other days 4 trades and most time just a trade…but each day mans showing up. At least till I see money deh trade live. #forexng#forex#xagusd
Got paid ₦15,946.25 from @nairaprop today 🇳🇬⚡
INSTANT NIBSS to my bank in seconds. The first Naira prop firm that actually pays.
Claim code: NPC-M88937
Pass a challenge → 80% reward → instant payouts: https://t.co/VFi4bQ1a8b
Got paid ₦15,946.25 from @nairaprop today 🇳🇬⚡
INSTANT NIBSS to my bank in seconds. The first Naira prop firm that actually pays.
Claim code: NPC-S8ZCSP
Pass a challenge → 80% reward → instant payouts: https://t.co/VFi4bQ1a8b
1st sale 32 BTC...
2nd sale 3588 BTC...
3rd sale ???
He's the largest treasury company holding 800k BTC...
"never sell your bitcoin"
and there's tons of accounts calling bottoms here...
LOWER! much lower.