I want to share a personal experience that I think many traders can relate to.
After I lost an account, I had two options: immediately buy another challenge or step away and take a break.
I chose the second option.
But first, here is what happened.
$25K Blue Guardian: Phase One
I was taking a two-phase $25,000 challenge with Blue Guardian.
Phase One was going very well. The target was 10%.
In dollar terms:
$25,000 × 10% = $2,500
I managed to reach the target and move on to Phase Two.
And this is where things got interesting.
The target in Phase Two was only 5%.
That means:
$25,000 × 5% = $1,250
After passing Phase One, I was already close to completing the entire challenge. It seemed like there wasn't much left to do.
But Phase Two was exactly where I ended up losing the account.
What Happened After the Loss
This is where I realized something important.
When you've just lost an account, it's very easy to think:
“It's fine. I'll just buy another one and make it back.”
But the problem is that a new account doesn't change your state of mind.
If you enter the next challenge with the goal of recovering your previous loss, you are already trading differently.
After a loss, there is a desire to make the money back quickly. After another losing trade, you may feel the urge to become more active. And before you know it, you can move from following your system to trying to recover what you lost.
The cycle is pretty simple:
lose an account → buy another one → try to recover the loss → trade more emotionally → suffer another loss.
Let's Look at the Numbers
Take a simple example.
Suppose one challenge costs $500.
If you immediately buy another challenge after every failure, the costs can add up quickly:
| Attempt | Challenge Cost | Total Spent |
|---|---|---|
| 1 | $500 | $500 |
| 2 | $500 | $1,000 |
| 3 | $500 | $1,500 |
| 5 | $500 | $2,500 |
| 10 | $500 | $5,000 |
Of course, this is only a simplified mathematical example. Real challenge prices vary.
But the point for me was simple: a new attempt doesn't fix the reason behind the previous failure.
That's Why I Decided to Stop
After losing the $25K account, I didn't immediately buy another challenge.
I decided to take a break.
Initially, I didn't think the break would last this long. But it has now been around six months since I stepped away from active trading.
During this time, I realized that taking a break doesn't necessarily mean giving up on trading.
Sometimes, it simply gives you the opportunity to stop a chain of emotional decisions.
During a break, you can calmly review your trades and ask yourself a few questions:
- Where exactly did I start moving away from my trading system?
- How much risk was I taking?
- What changed after Phase One?
- Why couldn't I complete the challenge with only a 5% target remaining?
- Am I ready to trade again without feeling the need to prove anything?
For me, these questions became much more important than simply buying the next account.
What About Coming Back?
I don't believe that losing an account means you should leave prop trading altogether.
Quite the opposite. I continue to follow the industry myself and plan to return to trading.
There are constantly new prop firms, new conditions, and new promotions appearing.
But I definitely don't want to come back just to recover an old loss.
If I start trading again, I want to do it with a different approach to risk and without the pressure to immediately compensate for the previous result.
Sometimes the Best Trade Is No Trade
In trading, we talk a lot about when to enter a position.
But sometimes it's even more important to understand when not to enter at all.
For me, losing that $25K challenge became exactly that kind of lesson.
A loss itself isn't necessarily the end.
The more dangerous part can be trying to fix it immediately without understanding why it happened.
Sometimes taking a break is also part of the trading strategy.
And sometimes the best trade is simply no trade. 🧘♂️