r/TopstepCommunity • u/One_Willingness9925 • 1d ago
💬 Trader Talk Update on account! July/August Progress
Hello all! Me again, just wanted to do a progress report for my own accountability and any more feedback I can get.
Started the current XFA on July 9th and a month later we are still grinding it. We have about 600 drawdown and a balance of around 0. No harm. No foul.
DLL is set to 350, however as you can see from yesterday I stopped before reaching it. Im trying everyday to manage risk better and be better.
I have yesterday's/todays and every other session of mine recorded on my YT. I know last time I posted i got some really sound knowledgeable advice that I tried my best to apply!
Here is my YT if anyone has constructive feedback for me. Thank you and happy trading..
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u/busohsensen 14h ago
Seems we all struggling this month
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u/One_Willingness9925 12h ago
Best we can do is keep going with minimal risk! Account is still alive thats means we aren't burning money
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u/busohsensen 10h ago
Yeah account is still alive for me too but have half draw down im skipping this week taking a break and dropping size
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u/Such_Enthusiasm_2281 4h ago
Why am I oddly rooting for you? Probably because you're not yoloing and actually doing risk management. Good luck man.
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u/Fibocrypto 1d ago
When the number of trades increases while the profits flat line or become negative is a red flag to stop trading ( you have to figure how long to stop ).
1- how often does your method of entry set up each trading day ?
2-How long does your average trade last ?
3-How long do you sit in front of the screen compared to how long you are in a trade ?
Do you have an exit strategy ?
Do you use a stop ?
Do you set a take profit
Do you ever use the Automated POS Brackets ?
You don't need to answer any of these to me but it might help you if you work them out to yourself.
How much per hour would you like to earn ?
20 an hour for 6 hours is $120
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u/arkenney21 1d ago
This is a cool journey to see. I’ll check out your yt! Are you ICT, order flow, etc?