₦airaland Forum

Good Day Guys. So after a long time on sidelines ive decided to come here and redocument my trading journey going forward till i probably get funded again.

I started this forex trading journey in the year 2021 and Its not been easy, its been from one heart break to another but on the same note we've been making tremendous progress..

Last year i got my first funded account around june/july and lost it last week of November...
After recording over 14 withdrawals...

Yeah i was making withdrawals but at the same time i knew within me that i wasn't at the level where i needed to be at the moment...

I still doubts on how i trade and that fear made me lost the account....

I was able to achieve little things for myself and that made me realize that this trading game if gotten right will turn everything around for Good...

After the loss i took two months off i couldn't trade or look at the market...

And i resumed trading my person account which was 350$ at the time on January.....

Prior to then, i also had the opportunity to manage an account for someone which was 1000$

Well i was able to make more than 400$ from that my personal account within January to the last week of march and also i did over 85% profit on the 1000$ account...

But i still had that doubt and fear in the way i trade, and what happened the previous year happened again...

I lost my personal account and also lost 50 % of the investors account...

That didn't stop me tho, i went back to my drawing board and started working on the things that I was doing wrong....

By the end of April i got a challenge account from funded next 25k account.....

By may i was already 5% up on the account.....

But by the end of may i lost the account due to my desperation to pass quickly, i miscalculated my stop loss and lost the account to daily DD by 0.75$.....

I felt bad for myself but at the time, i know I'm getting very close to cracking this thing, I'm better than i use to be...

So i continued tweaking my strategy and working on new stuff to get better.... I

I went back to trading on free trail account and testing out new strategy...

Well I will be updating my trades here and posting end of the week results and i will update any new changes or update i add to strategy....

Throughout my journey, it's have been a personal learning curve, never had the opportunity to attend any academy or programs but ive always learnt personally and also understand the guidance of my Boss Infofirst . Without him trust me i would have left the journey...

But i can't quit now, this is the only thing i know, and I've looked beyond this is only way out, so i just have to crack this thing, I don't have a choice.....


Sorry for the long read 😂😂😂, another chapter begins here......

Second half of the year is about to start and i intend to make very good use of it


Here are links to my previous journals. I just had to start a new one because those one are far gone and I'm trying out a new approach here


https://www.nairaland.com/8126804/prop-firm-live-account-withdrawal

https://www.nairaland.com/7689508/prop-firm-strategy-testing-ground

https://www.nairaland.com/7689508/prop-firm-strategy-testing-ground

My biggest biggest problem have always been staying disciplined and keeping my rules...

And i feel thats the only thing holding me back from getting to the top.
I now have an approach and system that i trust 100%,

Why I didn't trust myself or system all this while was because i didn't have an exit strategy, most of the time i get my bais right but sometimes they skip my tp and head straight to my stop loss.....

That made me to over trade or do things i wasn't suppose to do, but now im starting to apply one...

And ever since. I did , i witnessed rapid growth and progress but there are still some aspects i need to work...

I created a demo account and traded it for three weeks and did 10%

Ive modified my risk management and other stuff...

I will be updating all here and now

My goal and aim is simple.

I want to hit maximum allocation with this five firms for a start and also scale to there maximum scale up 😂😂😂

Fundednext
Ftmo
The5ers
Fundingpips
Alphacapital
And probably maven...

I know the journey wont be easy but i believe that i can do it 💯💯


I will posting an image of the trail and also look this ftmo consistency stuff, i want to also see it get better

The approach i i intend to you, My trading System

Risk Management

I created a demo account 25k account..

I will be using a maximum lot size of 0.13lot and i intend to have one trade at a time...

My sl will be placed at the previous high or low of m30 candle, whenever i take a trade.....

And it will be adjusted to the high of the previous m15 candle once the market moves 50 pips in my direction...

And also will be adjusted to the previous high of m5 candle once the market hits 100 pips and also will be moved the previous level of m1 candle once the market hits m1 candle....


Once stop loss is picked, i will stay of the market for at least one hour before looking for any re-entry...


At the same time, intend to have a maximum target of 150 pips daily, once met i will close for the day...


And also have a minimum target of 300 pips per week, that inclusive of losses and profit...

This is just how i intend to trade..

I will be updating the thread once i take a trade and run a summary at the end of The week...

I pray it goes as planned

You can monitor my trades by Accessing the account using this readonly login

Login id - 1420367344

Password -- b2@8N1@F




https://trader.ftmo.com/metrix?share=3608159669e6&lang=en

To view my matrix

Following, just started trading prop firms recently.

You have such an inspiring story, and I really want to appreciate you for putting this out here, it helps us who are trying to find our footing in this business as much as it helps you to stay accountable, I started this journey 2019, trust me it’s not been easy but I’m thankful for the lessons and knowledge I’ve gained over the years, I’m not successful yet, but I can feel how close I am to mastering this skills, I’m good at technicals but there’s always room for improvement, and my risk management makes a lot of sense too, because without risk management success will seems elusive, what I’m currently working on now is getting capital and also put some finishing touches to my trading psychology… I wish you all the best sir…

blackman007:
You have such an inspiring story, and I really want to appreciate you for putting this out here, it helps us who are trying to find our footing in this business as much as it helps you to stay accountable, I started this journey 2019, trust me it’s not been easy but I’m thankful for the lessons and knowledge I’ve gained over the years, I’m not successful yet, but I can feel how close I am to mastering this skills, I’m good at technicals but there’s always room for improvement, and my risk management makes a lot of sense too, because without risk management success will seems elusive, what I’m currently working on now is getting capital and also put some finishing touches to my trading psychology… I wish you all the best sir…

Thank you..... We will definitely get it right... 💯💯❤️

Patience & Discipline, focus on these two & u will be at the top bro

But why do prop firms like putting drawdowns to test ur skill when someone's equity is virtual

I'm with you on this Journey and I trust you will do those magic you did then more than once again. It's not by luck nor mistake you passed those account and make several withdrawal. It's as a result of improved skills and serious dedication.. My advice is for you to trade when Gold is moving and stay out when it's ranging... You are closer than you think ... I used to doubt you before but not anymore, so don't doubt yoursef.. You've Gat This my Don

dmahn:
I'm with you on this Journey and I trust you will do those magic you did then more than once again. It's not by luck nor mistake you passed those account and make several withdrawal. It's as a result of improved skills and serious dedication.. My advice is for you to trade when Gold is moving and stay out when it's ranging... You are closer than you think ... I used to doubt you before but not anymore, so don't doubt yoursef.. You've Gat This my Don

I really appreciate your kind words, i will try to do better 💯💯

Donsheddy:
The approach i i intend to you, My trading System

Risk Management

I created a demo account 25k account..

I will be using a maximum lot size of 0.13lot and i intend to have one trade at a time...

My sl will be placed at the previous high or low of m30 candle, whenever i take a trade.....

And it will be adjusted to the high of the previous m15 candle once the market moves 50 pips in my direction...

And also will be adjusted to the previous high of m5 candle once the market hits 100 pips and also will be moved the previous level of m1 candle once the market hits m1 candle....


Once stop loss is picked, i will stay of the market for at least one hour before looking for any re-entry...


At the same time, intend to have a maximum target of 150 pips daily, once met i will close for the day...


And also have a minimum target of 300 pips per week, that inclusive of losses and profit...

This is just how i intend to trade..

I will be updating the thread once i take a trade and run a summary at the end of The week...

I pray it goes as planned

Kudos for not relenting Don Baba!

This stage shall pass away too...

DAY 1'WEEK 1, JUNE 23, 2025

I sold gold First Trade

Entry 3354.76
Stop l 3360.70
Tp is kept open



Pic 2, Sl was adjusted to 100 pips which is my maximum losss per trade

Donsheddy:
DAY 1'WEEK 1, JUNE 23, 2025

I sold gold

Entry 3354.76
Stop l 3360.70
Tp is kept open

Result from first trade of the day ended in 71 pips loss

Reason why the trade failed.

Daily wasn't broken
H1 wasn't dancing in the bearish zone when i took the trade
And the h4 candle was bullish...
I ignored all three....

Will. Make the needed corrections

DAY 1'WEEK 1, JUNE 23, 2025, Trade 2

I bought gold,



Entry 3381.5
Stop l 3368
Tp is kept open

I was able to scalp some moves upwards and recovered the previous loss of 71 pips






The reason i took the trade...

The previous daily candle high was taken...
H1 is dancing around the bullish zone, m30, m15 and m5
Thou h4 is still in bear zone...
The h4 candle closed bullish indicating bullish presence...
Also h1, m30 and m15 all closed above the previous high set the by h4 candle

Donsheddy:
DAY 1'WEEK 1, JUNE 23, 2025, Trade 2

I bought gold,



Entry 3381.5
Stop l 3368
Tp is kept open

I was able to scalp some moves upwards and recovered the previous loss of 71 pips






The reason i took the trade...

The previous daily candle high was taken...
H1 is dancing around the bullish zone, m30, m15 and m5
Thou h4 is still in bear zone...
The h4 candle closed bullish indicating bullish presence...
Also h1, m30 and m15 all closed above the previous high set the by h4 candle

Pics 1 - Since we are yet to hit 50 pips mark....
Sl is adjusted to the previous m30, 10 pips saved


Pics 2 - Market have done over 50 pips in profit, Sl Is move to the low of the last closed m15 candle, it will be done this way till market goes above 100 pips in orofit and we will move to m5 lows down to m1

The Market is something else today...............bbbbbbbbbbbb..

Well done Mr sheddy
You are trying, what you need is a Solid trading Plan, set a Tight target.

SirDY91:
Well done Mr sheddy
You are trying, what you need is a Solid trading Plan, set a Tight target.

Thank you sir, i will apply your advice........ Ggggggggg

Donsheddy:
DAY 2, First Trade...


I sold gold today, all parameters met

H4, h1,m30, m15, m5 all in the bearish zone

Daily low and h4 and weekly low is taken...

The only miss here is that the trade was taken before London and New York session


Entry 3338
Sl. 3333
Tp open for now

Pics 1 --- Stop loss adjusted to previous m15 low because the market have done over 50 pips move already

Pics 2 ---- Since the market is trading below 100 pips... Sl will be moved to the high of every m5 candle until im taken out

Pics 3 --- 150 pips... Now we are trading below 150 pips... Sl will adjusted to every m1 high until we are out

Donsheddy:
Day 2, Trade 2

I bought gold...
I entered this trace based off bears have oversold and m15 engulfed the previous candle after hitting critical levels on higher tf


This is a risky trade, thats why my sl is currently at entry after a few moves....

If it goes as planned then i will be lucky

Unlucky me, trade was hit and reversed.. i will keep watching, anyways im done done for today

Donsheddy:
Day 3, Trade 1

I sold gold today

Entry 3321.59
Sl 3329.59
Tp is open for now


Reason for taking the trade

Daily candle is brearish...

H4, m30, h1, m15 are all trading below at the bear zone.....

The only odd is yesterday low is still in tact

Stop loss moved to entry...
After m15 closed trading below 50 pips,
Will keep moving to every m15 high until we start trading below 100 pips

Pic 2 - sl adjusted again 25 pips profit secured

Pics 3... Sl adjusted 51pips secured

Donsheddy:
Day 3, Trade 1

I sold gold today

Entry 3321.59
Sl 3329.59
Tp is open for now


Reason for taking the trade

Daily candle is brearish...

H4, m30, h1, m15 are all trading below at the bear zone.....

The only odd is yesterday low is still in tact

Trade closed with 51 pips profit....

We wait for another right set up