Back to BlogWe spoke with Natalia about her trading plan, insights, and lessons gained while trading in the Forex market and our platform as a funded trader.
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- Tell us a little bit about you.
I started trading on the markets at the age of 17. The stock market interest came after watching Wolf from Wallstreet. I started to wonder how to transfer what I saw to real life. From then on, I began to diligently study every book on the stock market. At the age of 20 and still in college, I started writing analyzes and educational texts for stock exchange portals. Back then, I was already trading on the market and refining risk management and entry/exit methods. The stock market is my passion and I love what I do.
A good analyst is also a good trader. I am currently the head of the analysis department at Finmex, an analyst at Investing, Forex Club, FX Mag and Trefix. While at university, I ran stock exchange academy projects. I am also a financial analyst and work with algorithmic systems on a daily basis.
- How long have you been trading?
I have been trading for 7 years, and I am a Position Trader.
- Briefly describe your Trading Plan and how it contributes to your success.
I’m obsessed with risk. I created a special calculator and I try not to exceed the max exposure to 1 trade above 0.20% -0.15% of the total capital. I only trade on a clean chart based on the supply and demand zones on the H1 interval. I’m waiting for my bargains and I’m not in a hurry, although I managed to complete Bootcamp very quickly.
- Share with us a challenge you faced in your trading career and how you overcame it?
The hardest thing is to slow down. We always want to see 50%, 100%, 400% returns on the bill, preferably in the shortest possible time. The market is not a race. There will always be opportunities there.
- How did you adjust risk management to your trading personality?
As an analyst, I don’t like to be wrong :), nobody likes it. So, since I know that I have a problem with admitting a mistake, I use SL, which for me is taking the wrong side on the market. Since I can risk 0.2% -0.15% and I can make a 4% mistake 26 times in this drawdown, I’d rather do this than take a 1% risk per trade and only have 4 tries to make a mistake.
- Describe a key moment in your trading career.
I think he is coming now. All my work on various prop trading accounts was getting ready for the mission of getting a really nice scaling account.
- How long it took for you to become a consistent trader, and what aspects did you change that helped you to become consistent?
This happened after 3 years of trading. It is known, however, small account = little thinking. I think focusing on the risk, not the signal generator, changed my trading. I do not focus to be effective in the form of 99%, 60/50/40 is enough for me. Good risk management in my case has become the key to being a real trader.
If I am wrong about the direction of the market, I can always have a well-managed position, average, or hedge.
- What is your mental/psychological strength, and how did you develop it?
I meditate. I start each day with a blank slate. I don’t fight the market when I’m losing. I set myself a limit, when I lose 0.75% of my account, I close the trade and go to rest. I go back and start work again.
- What was your strategy to successfully pass The5%ers’ First Level?
I am looking for places of supply/demand in charts. I mark the levels, set pending orders, TP and SL, and … wait. I don’t trade between levels.
- How is trading for the5ers different from trading by yourself?
Clear rules that I have to follow. When trading on our own account, we usually allow ourselves too much. We endure the loss, we go down the SL deeper. The pressure to close a transaction on a given SL is healthy!
- What would you recommend to someone who is just starting with us?
Keep going. For a long time I have been trying to focus on the long term and not on the short term profit. I lost my account when I was a few dollars short of reaching my target. You have to try! Every time you make mistakes and come back prepared!
- Would you like to share anything else with us?
the5% ers gives you a unique chance to scale, take your time and take your chance!
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