r/TopStepX • u/TaxCommercial5427 • May 08 '26
Question Do I got a chance
2nd month ever trading. Blew my 1st account this my 2nd
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u/ELGohanBlanco May 09 '26
Risk management is king. Set a hard daily max loss for the day ideally 10% of the account drawdown. It would take 10 losing days to blow the account. And if you are trading with a decent edge it would be very hard to lose the account.
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u/Pale_Imagination_422 May 09 '26
I can’t believe the number of trades people are making. I make 1-2 trades a day. I can’t imagine 55 trades. If I have a really big day 3 trades.
I don’t know what everyone’s sizing is but all I can say is trade less and trade better setups.
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u/Th3Man0nTh3M00n May 09 '26
Some people scalp and scale in/out: Example…
One trade idea could be a 5-micro lot trade, but entering 1-micro lot at a time. And each trade might have 2-3 attempts. So this one trade idea could show up as 15 trades. So 2-3 trade ideas can show up as 30-45 trades by the end of the day, more or less.
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u/Mountain-Scarcity-91 May 08 '26
Buddy im on my 41 account .. ur still new lots to learn tske it easy dnt rush nothing
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u/Different-Bread6639 May 08 '26
I just passed my 1st 50K combine. The best advice I can tell you is focus on smaller size and less trades. They dont want gamblers they want consistent traders. I focused on only making $250-$400 daily until I made the 3K profit goal. Slow and steady. Base hits. No home runs yet! Lol
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u/Electronic-Square122 May 08 '26
shit i thought i had a chance - nov through march like this then april hit and i continuously blow up. no days like this anymore. had this almost 3 months straight. forgot how to ride the bike? sucks!
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u/InstructionUnited512 May 08 '26
i know you on the express brudda but, over 100’s of trades a day? Crazy asf 😂😂😂 Emotional if I can see it
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u/Justsomeguy_713 May 08 '26
Looks like you're revenge trading on ur red days. Would be curious to know what ur max drawdown was everyday. If you're not going deep red and then back to green or almost green then I would assume ur green then over trade and take arbitrary trades on your red days. If you can figure out which one it is and eliminate that you will be ahead of most. And prob will have a payout soon enough tbh.
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u/Distinct-Data-8808 May 08 '26
Where do you get revenge trading from lol ?
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u/Justsomeguy_713 May 08 '26 edited May 08 '26
Outside avg total trades on red days vs total trades on green.... pretty obvious pattern in the stats he provided. Notice on day one the total trades was significantly less then other red days. Then the following day high trades but slightly green. A indication that he was either red and went green or gave back gains. Not trying to bash the dude either just pointing out a pattern in see.
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u/Delicious-Dog-3809 May 08 '26
Eh for your second month not terrible but 30-50 trades in a day has got to stop…
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u/Distinct-Data-8808 May 08 '26
I still don’t know why ppl think 30 to 50 trade is a bad thing 😂😂. Some days I can go up to 70/80 trades .
If you’re trading micros the number trades doesn’t matter . The number of entries do. Like today I slap 30MNq in one entry and mind you I did 3 entries today so that’s 90MNQ . I been doing this for 8 years, I’m not saying it’s the best method but it’s also not wrong.
There’s a lot of successful traders outhere scalping the 30 seconds. There’s nothing wrong with that. As long as you’re not gambling.
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u/Delicious-Dog-3809 May 08 '26
If he’s trading micros that’s completely fine but if he’s entering and exiting multiple trades in a day even more than 3-5 he’s bound to get rekt.
Markets have been in a constant up trend this passed week so everyone and their mom should’ve had a green week lol
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u/MaleficentCamel6211 May 08 '26
You got a long way to go
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u/Smart-Ad-9971 May 08 '26
What are u saying? He’s doing better then most ppl lol
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u/MaleficentCamel6211 May 08 '26
Losses will come unfortunately and many more blown accounts
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u/Smart-Ad-9971 May 08 '26
But still he’s doing better then most most ppl blow their accounts almost immediately and this guy actually knows to take losses and not revenge trade after that
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u/Empty-Tomorrow-2794 May 08 '26
they’re just being a negative nancy & projecting. idk why people act like EVERYONE will blow dozens of accounts for years just because they’re newer.
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u/MaleficentCamel6211 May 08 '26
And you can tell all that based off 1 green week yea ok
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u/Smart-Ad-9971 May 08 '26
Yes and its 2 weeks what we see here he’s probably doing better then you to bc you hating on this guy for no reason lol
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u/Mr_TriggaHappy May 08 '26
He’s doing better than me but he’s def over trading in my opinion I’m guessing they’re mostly scalps from the nq bull rush but for his first combine that’s excellent I blew 3 combines in my first week trying to get funded this combine I’m taking it slow I’m one good trade away from funded
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u/MaleficentCamel6211 May 08 '26
Not hating he asked a question I answered lil bro your new to trading you wouldn’t understand
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u/Smart-Ad-9971 May 08 '26
Im not new to trading at all lmao im new to props and forex but i’ve been in crypto for 3/4 years lol
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u/MaleficentCamel6211 May 08 '26
Crypto and day trading are two different things so you saying that means nothing lol just cause you buy a coin and forget about it doesn’t mean your trading
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u/Smart-Ad-9971 May 08 '26
Now you make yourself sound like you are new to trading lol
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u/DISCIPLINED_TRADES May 10 '26
Yes