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The 5 Biggest Mistakes I Made in My First Funded Account - Google Docs

The 5 Biggest Mistakes I Made in My First Funded Account<br>Starting my journey with a prop funded account was one of the most exciting steps Iu2019ve taken in trading. Like many new traders, I was eager to grow my profits and prove myself with real capital. I joined an instant funding prop firm, got access to a real trading account, and felt like I had finally made it. But within a few weeks, I made several rookie mistakes that cost me the account.<br>If you're looking for the best trading account or planning to join one of the top funded trading accounts, read on. These lessons can save your accountu2014a

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The 5 Biggest Mistakes I Made in My First Funded Account - Google Docs

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  1. The5 BiggestMistakes I Madein My FirstFunded Account StartingmyjourneywithapropfundedaccountwasoneofthemostexcitingstepsI’vetakenin trading.Likemanynewtraders,Iwaseagertogrowmyprofitsandprovemyselfwithreal capital.Ijoinedaninstantfundingpropfirm,gotaccesstoarealtradingaccount,andfeltlikeI hadfinallymadeit.Butwithinafewweeks,Imadeseveralrookiemistakesthatcostmethe account. Ifyou'relookingforthebesttradingaccountorplanningtojoinoneofthetopfundedtrading accounts,readon.Theselessonscansaveyouraccount—andyourconfidence. IgnoringtheRulesofthePropFund Everypropfundhasitsownsetofrules—likedailylosslimits,tradinghours,andpositionsizing.Iskippedoverthemratherthanreallycomprehendingthem.Oneday,Iviolatedthetrading hoursrule,andjustlikethat,myaccountwasgone. ✅Lesson:Treattherulesasifthey accountdependsonyourabilitytofoll OverleveragingTrades Withaccesstomorecapital,Ibeca Instead,onewrongtradecausedmet Eventhebesttradingaccountwon’tp yourpropfunds,youmustmanageyo agement.Ifyouwanttokeep ✅Takeaway:Nevertakeonmoreriskthan1%to2%ofyourbalance.Particularly when dealingwithapropfund,thisiscrucial. 3.TradingDuringHigh-I Oneofmybiggestmistakeswastr becameextremelyvolatile,andIgots conomicreport.Themarket Mostinstantfundingpropfirmsreco reason. newsevents,andforgood

  2. ✅Lesson:Checktheeconomiccalendardaily.Stayingoutofthemarketduringmajor newscanprotectyourpropfundedaccount. TreatingItLikeaDemoAccount Ihadbeendemotradingformonthsanddidn’tshiftmymindsetwhenIwentlive.Itookrandom tradeswithoutdiscipline,thinkingIcouldjust“learnasIgo.” Butonceyou'reinoneofthetopfundedtradingaccounts,everythingcounts.Thisisreal capital—realresults. ✅Lesson:Takeeverytradeseriously.Consideryourgoaloffundingmytradingaccount asabusiness,notapastime. TradingWithoutaClearPlan Ididn’thaveasolidtradingplan.Ifollowedtrends,signals,andevenrandomtipsfromsocial media.Withoutdirection,Ihadnoconsistency. Ifyou'regoingtomanagepropfunds,youneedadetailedplanforentries,exits,andrisk. ✅Lesson:Beforeyoujoinaninsta writing. TheReasonApexTrader Afterlearningfrommymistakes,Ise ApexTraderFunding.Outofalltheto fairrules,andfastevaluations. They’reoneofthefewinstantfundin fromtightdeadlinesandauser- matters—growing asatrader. orttraders.Withnopressure helpsyoufocusonwhat Ifyou'relookingtofundmytradingac journey,Apexisatopchoice.Ready whysomanytraderstrustApexwithth accounttostartyour trading ApexTraderFunding.comandsee

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