How were you introduced to trading? By a poker friend.
After how much time did you become a consistent trader? 6 years I think…I started to earn when I realized there is no holy grail, I was a perfectionist I hate it even it was just a loss. I kept jumping from one concept to another until I accepted losses are inevitable and just rely on probabilities and money management.
Do you have a specific trading plan? yes, I looked for stronger currencies and pair them with the weaker currencies…then I wait to buy on a higher low and to sell on a lower high…
Please describe your trading routine? I wake up in the morning to analyze the market sentiment, then I go to my business and just wait on my phone for my setup to be ready then that’s I’ll just wait for the result.
Do you have any risk management techniques? If so, please, elaborate? yes of course…I take only 1:3 risk-reward trades and risk only .25% per trade.
What was your biggest challenge in trading, and how did you overcome it? being a perfectionist, I hate losing, until I realize it is not the battles that matter it is the war.
What was the key moment of your trading career? when I accepted I can’t be perfect.
What do you think are the most important characteristics for maintaining a stable trading career? 1% strategy, 94% discipline, and 5% money management lol…
Do you apply any mental/psychological routines while trading? Please elaborate. well, I always tell myself even the perfect setups will not guarantee wins, so just trust your edge.
What was your strategy for successfully passing The 5%ers’ Evaluation Program? I was lucky that my strategy is tailored to fit for the evaluation program, I did not do anything significant. tips? if you cant fit your system to the 5%ers, you should look for a way to fit because there is no other way to be successful with it.
Please share your recommendations for online resources that were/are significant in your trading development. Trading in the zone, the best trading book in the world.
Would you like to share anything else with us? 1) well focus on money management and discipline then strategy and money will follow after, you won’t even notice.
2) let your edge work for you don’t just cut because you feel it.
If you want to receive an invitation to our live webinars, trading ideas, trading strategy, and high-quality forex articles, sign up for our Newsletter.
The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.
You must be logged in to post a comment.