I used to think I was failing because
my strategy was bad.
Turns out my strategy was fine.
I was failing because I had no idea
how close I was to my daily loss limit
until I had already blown past it.
Classic scenario — bad morning session,
down $300 on a $10K account with a 5%
daily loss limit. That is 60% of my
limit gone. I did not realise it.
Took one more trade to recover.
Challenge gone. $200 evaluation fee
wasted. Again.
I failed 4 challenges exactly like this.
What changed was I started tracking
my daily loss in real time instead of
mentally calculating it between trades.
Once I could see exactly how much room
I had left — I naturally stopped when
I was close. Passed 5 challenges in a row
since then. Currently funded on 3 accounts.
I also started journaling every session
which helped me spot that I was revenge
trading on Fridays almost every week.
Stopped doing that and my consistency
score went from 51 to 74 in 6 weeks.
Happy to share exactly what I did
with anyone who asks — DM me. Free advice, no catch.
What firm are you currently trading?
Would love to help if you are struggling.