Jump to content
Sign in to follow this  

$10k Crypto Daytrading Account

Recommended Posts

I've been daytrading full-time for more than 2 years now. I've made money in some periods, but i always ended up giving it ALL BACK due to over-trading and poor risk management.

Now i've decided to commit seriously to consistency and rigid risk management. I started off with a horrible mindset and it was only natural that i lost everything i had. It for sure is a character building experience.

I trade the price action. Over time I've collected a fair amount of setups&concepts that provide consistent returns. I have a decent system that makes money, but admittedly, for me it's still a struggle to execute properly. There is a BIG gap between my theoretical profits based on my system and actual results. BUT i am getting better and better every day, trying to close the gap!

My main focus will be on


  1. Risk management
  2. Always in control, always trading. Stay away from hopes and wishes
  3. Trade only setups with edge. Focus on those low risk, high reward trades. Make sure to cash in on the winners and minimize the losses
  4. Go with what is, adapt to the situation
  5. Minimizing mistakes, learning from them, not repeating them again


I will start with a 10k$ account. I will likely trade mostly futures, but also spot cryptocurrency.

Risk management rules(max loss):
Setups on less than 1H timeframes: 50$-65$
1H setups: 100$
4H+ setups: 200$

Max daily draw down(300$)

I will try to update daily. I won't be posting actual trades, but i might reflect a bit on the day and post daily PNL. If not, then i will do it at the end of every week(depending on how busy the market will be!).
Just because i am daytrading does not mean i will take trades every day. I will only enter when i have a setup with edge according to my system.


Share this post

Link to post
Share on other sites
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  



Any opinions or market advice expressed in the community sections do not necessarily reflect the views of FinanceHeaven or its affiliates. The comments and opinions expressed are those of traders who are either inexperienced or inexperienced. FinanceHeaven.net or its affiliates do not review or research the comments. If you choose to base your decisions or trades on the comments, you do so at your own risk. FinanceHeaven and its affiliates are not liable for any losses incurred as a result of using the content provided.


FOREX trading carries a high level of risk and may not be suitable for all investors. Leverage increases risk and loss exposure. Before you decide to trade foreign exchange, think about your investment goals, level of experience, and risk tolerance. Your initial investment may be lost in part or entirely. Do not put money into investments that you cannot afford to lose. Educate yourself on the risks of foreign exchange trading, and if you have any questions, seek advice from an independent financial or tax advisor. Any data and information is provided "as is" for informational purposes only and is not intended for trading or advice. Past performance is not a predictor of future outcomes.

  • Create New...