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Challenge blown - Instant funding

  • Writer: Richard
    Richard
  • Oct 26, 2023
  • 1 min read

Updated: Oct 29, 2023


Well its not all happy posts guys. I have had a terrible trading period and made a mistake with Instant funding and blew the smart drawdown.


I was safe with daily drawdown but as I was previously 5% up on the account the max drawdown moves to -5% then never moves. I knew this but completely forgot as my other prop accounts don't have this feature no hard feelings Instant Funding were good to trade with and it was my bad trading and bad management forgetting this rule that cost me. If I had noticed I would of reduced lot size but I carried on regardless. I am now in dd on all accounts so need to pull it together, drop risk and try find my groove again.


I am obviously annoyed with myself but cant go on tilt keep it cool and try to string some good days together soon.


The small silver lining here is when purchasing the account there was a free 12.5K 1 phase account given for free so I have linked this up to trader connect and will work on that now.


 
 
 

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