The First Time I Lost My Trading Account

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Most traders have at some point in their day trading careers experienced "the blow up day" - even those who are now successful. Alex shares a personal story from early in his trading career and the trading psychology behind when he first lost his account. The lesson he highlights from it is around "the lazy trade". The trade that isn't planned and often made spontaneously and while low on mental energy. May his experience serve as a guding lesson for us all!
#DayTrading #Trading #PropTrading
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Contacts:
Demetris Mavrommatis - Co-Founder, Head of Trading
Alex Haywood - Co-Founder Head of Strategy

[@keithcarr3048]

My worst day is losing 4800 on NQ by doing exactly the same thing. While not on the huge scale as this blow-up, it really hurt. I will never repeat that again.

[@AxiaFutures]

Thanks for telling your story of a big loss.

[@SpideySteve]

I would love hear more of this story - what did you learn from it? How did you handle it in the next day? Week? Month?

[@AxiaFutures]

Thanks Stephen. That's what the coaching session was all about :) But maybe a follow up story could be an idea

[@macrovigilance]

Very candid. Kudos for sharing. I will bookmark this video and return to it regularly to remind me of the biggest danger in trading - yourself.

[@AM2K2]

Great story - can relate a lot...been REKT doing that. Would love more 'pain' stories.

[@AxiaFutures]

Thanks, more to come!

[@donsak111]

Respect!

[@talitasimionatto1713]

Sooo true!

[@cwebbwash3]

are there more videos like this available with the axia monthly subscription?

[@AxiaFutures]

Yes we have a deep selection on our coaching program portal

[@latinobacon]

My worst day I blew up my 90K account

[@AxiaFutures]

We have all been there Zephyr. Step away from your screens and write down what you did wrong. Identify biggest reason for this drawdown and try to never repeat it again. Pain is a great teacher. Good luck.