We spoke with Demetrius about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
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I was born and raised in Atlanta, Georgia. I’m a Military veteran. I am an overall laid back person; I love to travel, love anime, gaming, and art. I am very passionate about learning new things about life and the world and I am obsessed with the idea of having the time and financial freedom to explore life and the world on my own time. That idea is what lead me to my trading journey.
I have been trading for 6 years, and I am a position trader.
My trading plan consists of waiting for particular setups to come to me. I prefer to take risk to rewards of 1 to 3 or better, but I will take 1 to 2 if I have enough confirmation. If my setups hit my targets, I’m done trading for that day, and if I lose three trades in a row, I step away.
The main challenge I faced early on was finding consistent, valuable information. I learned from multiple sources, and most times, the strategies were not consistent in the long run, or there always seemed to be pieces of the puzzle missing. Since I did not have a consistent approach to the markets, consistent results were nearly impossible to achieve.
With my current lot sizes, most of my winners are more than my monthly salary from my traditional job, so I never feel the need to over leverage or risk too much. My current strategy allows me to guarantee that I’ll always make more than I risk, so if I do lose even multiple times, I know one or two wins will make up for the losses and add profit.
My first $100 in a live account, the first $2 profit I made, changed my perspective permanently. From that point, I knew that if I could get good enough and figure things out, I would never have to worry about finances again.
My answer to this question goes back to my answer about a challenge I faced in my journey. After discovering what trading was it took me two years to actually find an approach that matched my personality, and I felt I could actually be consistent with it. Then, it took me about 6 months to another year to fully digest that information and implement it properly. So, about 3 years.
Attention to detail and resilience. I’ve always had a thing for finding the small details in things that are oftentimes skipped over by the majority, and that has been extremely helpful when it came to trading. Resilience came from the military. Not breaking when things got tough and pushing through adversity to find solutions to every obstacle that may appear.
Risk management, sticking to my trading plan, and taking the best setups. Realistically, it’s possible to pass a challenge with one or two good trades, so in this case, less is more, and quality over quantity.
Just be mindful of the rules.
As long as you have a strategy that works for you, keep risk management in mind, and you’ll be fine.
There are so many resources, but I would have to say the most impactful to my trading style were Cue Banks’s Wall Street Academy, Samy’s Apex Paragon seminar, and Swaggy C’s Swag Academy.
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