Learn more about how I started in the forex market and my trading philosophy
My forex trading journey began in 2022. While working as a walmart overnight stock associate, I became increasingly fascinated by currency markets and their unique characteristics. The 24-hour nature of forex trading, the liquidity of major pairs, and the technical aspects of price action all drew me in.
After months of research, paper trading, and developing my initial strategy, I opened my first live trading account with a modest deposit of $200. Like many new traders, I experienced some early losses as I adjusted to the psychological pressures of having real money on the line. These early challenges taught me valuable lessons about risk management and emotional discipline that continue to guide my trading approach today.
Over time, I refined my strategy to focus primarily on technical analysis of major currency pairs, with particular attention to key support and resistance levels, momentum indicators, and important price action patterns. I gradually incorporated fundamental analysis to better anticipate market movements during major economic announcements.
Today, I maintain a balanced approach to the markets, focusing on consistent profitability rather than aggressive growth. I typically trade 3-5 hours per day, primarily during the London and New York sessions when volatility offers the best opportunities for my strategy.
My approach to forex trading is built around several core principles that guide all my market decisions:
I never risk more than 1% of my account on any single trade. Capital preservation is always my priority, as I know that protecting my trading capital is essential for long-term success.
I focus on identifying high-probability setups rather than trading frequently. Patience is a virtue in forex, and I'd rather wait for ideal conditions than force trades out of boredom or FOMO.
I judge my trading by how well I execute my strategy, not by the profit or loss of individual trades. Markets are inherently random in the short term, but a solid process yields results over time.
I meticulously track all my trades and regularly review my performance to identify patterns and areas for improvement. The markets are always evolving, and so must my approach.
Started learning about forex through books, online courses, and demo trading. Developed my initial trading plan focusing on EUR/USD and GBP/USD.
Opened my first live account with $5,000. Experienced the emotional challenges of transitioning from demo to live trading.
Faced a 15% drawdown that forced me to reassess my risk management. Reduced position sizing and improved my stop-loss strategy.
After six months of trading, refined my approach to focus more on price action and key support/resistance levels.
Achieved first six consecutive profitable months. Trading psychology improved significantly as I learned to trust my system.
Added JPY and CHF pairs to my trading portfolio. Expanded trading hours to capture more opportunities across different sessions.
Currently focusing on maintaining consistent returns while gradually scaling position sizes as account equity grows.