Funded account – Ideas to recover losses

[Anonymous]

Hello,

I recently passed a challenge on a prop firm using the FTMO robots (thank you Petko & Team!). Over the last 2 weeks, I have been using these robots on the funded account. Unfortunately, I have experienced a loss of 5%. I understand the market can be volatile and the market conditions are not always good producing successful trades, but I am a little worried I will lose my funded account if I continue to lose trades.

What is the best low risk strategy for recovering my losses in your opinion? Or does anyone else have experience with a situation like this?

I plan to use the Top 10 Robots. Do some of the robots in the Top 10 have a less risky strategy to recover losses? Perhaps looking at low drawdowns? I’ve been using the top 3 FTMO robots from the weekly as my strategy thus far.

Thanks for the help

[Marin Stoyanov]

Hey Michael, glad to hear about your success with the challenge.

For your funded account, sadly when the market is against us there is not much we can do. We have other users who also reported that the last few days are not good for them after a great start. This is just another market cycle that eventually will end.

What I would do in such a situation is just to pause trading for a while until the market goes in my favor again. I still trade on my demo accounts with the best performing EAs from the Prop Firm Robots app and/or the Top 10 Robots app to keep an eye on the market and when I notice that it’s being stable I start trading again.

P.S. By the way, this is a great topic and it would be great to hear how other traders approach this situation, so moved it into the main Prop Firm Robots app forum as a separate topic. This will give it more exposure and hopefully others will share their thoughts.

[Author]

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