Successful trading requires strict discipline, including having clear entry criteria and stepping away when those criteria aren't met, along with focusing on percentage gains rather than absolute profits and avoiding the temptation to rush or trade every session.
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Interview with a funded trader追加:
I have very strict criterias among my strategies. If any of those doesn't meet, I just step away.
>> That's called discipline right there.
>> The best thing worked out for me is like trading less.
Not like trading every day.
It's a process you have to go through.
You can't just rush it. That's it.
>> [music] >> Welcome everybody to another trader interview. We have been honored to have Suraj here with us today. Suraj, how are you doing, my friend? What's new?
>> Really good. Really good. It's bank bank holiday today, so just chilling.
>> Awesome stuff.
Awesome stuff.
>> I was traveling.
I was in a Dubai like last weekend.
And I was traveling. That's it. I'm on vacation right now.
>> Amazing. Absolutely awesome. Life of a trader. Just traveling through on vacation, traveling through Dubai. Dubai is such a trader place to go. I feel these days.
>> This time was like my one of the best trip I would say because this time I flew like first class, so it was first >> Nice.
>> For me it was like first time, so it was I was like really excited.
>> this stuff. Oh dude, that's awesome.
That's that's absolutely awesome. Big congratulations on that. What what what a milestone achievement as well.
>> For me like I'm 23. For me like for the first time I used to watch like you know first class things and all that stuff.
First time experience.
And it was really nice and that's it. So that's how I am.
>> that's that's absolutely awesome. 23 flying first class to Dubai. That is that that's pretty epic. That is pretty epic. But tell us a little bit about your journey. So now now that we've we've started with the first class to Dubai. You you've got you got to tell us an interesting story now. So you're 23. You're a trader. Talk us through your journey when it comes to you know how long have you been trading?
What did you learn? You know how did you learn? And then just give us a little bit of background about Suraj.
>> Yeah, sure. So basically I I live in a Canada, right? So for me it was kind of difficult. I used to work like, of course, 9:00 to 5:00. This is how everyone go Everyone goes, right? Then, of course, I had one friend who who deals with crypto, and he introduced me with the crypto thing, and I was like, "Wow." And one day I was just messing around with the meme coins. I went into the meme coins, and you know, day and night, I was just looking at the coins, you know, rug pull and all this thing. Then I realized the potential, and then I realized why not just to learn it and go all in.
So, it's been like more than a year right now being a trader like trading. Yeah, from beginner to till date now, and 9 months of being profitable, and the rest of was like, you know, the beginner thing like strategy hopping, like looking off some holy grails and all these things, but doesn't work out nothing. But then I realized what what's my edge is. So, now, like past 9 months, I'm working on my edge right now, and some decent like gains out of platforms, yeah.
>> Dude, that's absolutely awesome. So, you're So, you're living in calendar at the moment, you're flying first class to Dubai. That alone, I know that that's not a cheap trip, either. Dude, that is >> Empty, bro. Like >> Yeah, I know. I know. Yeah, I know.
>> That's expensive.
>> Dude, that is That is crazy.
>> If I have to If I have to pay that with my job, it's going to be around like what? Like 3 4 months of my salary.
>> Dude, that's insane. So, you've It goes to show the power of trading, my friend.
You know, you you you know, 3 4 months of your your salary is a That's what it would have cost to for that trip, and you know, the the fact that you're able to do that with trading is really really cool. So, that just goes to show, and you have been trading now 12 months.
That's not long.
>> Exactly.
>> That's awesome, man. That It's >> Basically, I I started in May, like, you know, like logged in thing.
>> Yeah.
>> Last month Last year, sorry. And so, you can say it's almost a year now.
>> Yeah, literally. So. Which is like 9 months of data with the profitability and all thing. And the rest of this is just, you know.
>> So you've been profitable you've had an edge. You've been profitable now 9 months. How how you found it? Like how what what did it feel like to actually go through the the stages of you know, obviously revenge trading, emotional trading, you know, strategy hopping. How did it feel when you actually found your edge and you thought, "Wow, I I can now trade."
Like you you've got profits coming in now over the over the like over the past 9 months. How did that feel for you?
>> For me, let me tell you what happened.
So initially it was really hard for me, you know, I was trying trying to trade every candle.
For me, like you know, I used to play London session New York session. And for me in Canada it's like 3:00 a.m. in the morning for the London session.
>> Yeah.
>> And it was really hard, but still I was like like whole night I was up looking at candles, trading every tick, everything, and blowing up accounts and my personal capital as well, but then I realized, "Okay, let's calm down. I'm I want to trade for the flexibility." So then I realized New York session works for me really well. So I then looking at stuff, the best thing worked out for me is like trading less.
Not like trading every day.
And the other thing is that you ask how it feels. It feels boring to be honest.
Like most of the time I don't have trade. I'm just doing my other things.
And someday I just But this is my schedule. Every every New York session I I log in I open my charts and look at the things. If I see I can understand the price action, I see my my strategy is there. If I can do something, I have very strict criterias among my strategies and the trades I will take. If any of those doesn't meet, I just step away. I don't I don't even look at it.
>> That's called discipline right there.
You know, if you're not seeing your strict criteria in the market, you just step away. You just walk away. You know, not trading is still trading. I think a lot of people a lot of people forget it like >> Even though with the Fibers, like I got the >> [snorts] >> like this this one in my past 9 months, most of the my months was you know I was focused on the consistency.
>> Mhm.
>> For me, I had like so many different accounts. My goal is to hit like 2 3 5% and get withdrawals. But Fibers is like a due to your like you know the profitability days, the rule, I was able to make 11% on it. That was my highest gains on any uh any capital. I know like it was a it was not like 100k account but it's not like 10k account but how I see I see as in percentage gains.
For me, like I see as if I can do it on 10k I can do it on 100k doesn't matter.
>> It doesn't matter at all.
>> Yeah.
>> Yeah, 100%. I I like what you just said there. You know it may not be 100k it may only be a 10k but it's percentage gain. It doesn't matter about the PNL the PNL come.
You know you will scale through the the PNL will come. As long as you can focus on percentage gains at the moment. That is absolutely awesome. Uh speaking of the percentage gain speaking of your Usually we do this a little bit different. Usually we bring the chart up but because we're on the topic of making 11% gain on a 10k account. Guys, Suraj has been kind enough to actually allow us access into his Fibers Hub. So Suraj if you could be so kind my friend, could we take a dive into that Fibers Hub?
>> Yeah, sure.
>> Perfect. There you go. Let's take a look. Let's get that screen There you go. Perfect. So >> Here we go. So you already Can you see my screen now?
>> Yes. Yeah yeah we can see it.
>> So the first thing as I mentioned this was my 10k account which was like scaled up again. So and the good thing about this account is just I only traded it like this much. That's it. Like you see that? This is That's it.
>> So it doesn't >> And yeah.
>> Yeah, and I love that stats as well. really good.
Yeah, they're some strong healthy statistics. That that is super cool. So, I can see that achievements tab up in the top as well. Let's take a look at that achievement because I know that everyone wants to see the achievements tab.
>> This was the day.
>> a $900 you know, on a 10K account as well by the way guys. You know, you know, we've got a lot of guys coming out here. They may get 5 10 grand payouts, but let's just talk about the statistics here. A lot of people on a 100K account will have a 10 grand like have a a 5 grand you know, a 2 grand 3 grand payout, you know, or like consecutive over the space of a year they'll manage to get a 10% payout.
Suraj, you have managed to get in one payout alone $901 from a 10K account. That is absolutely incredible my friend. That really is.
>> And I also want to tell that like basically like most of the people like in like in Asian side and like in India specifically I've basically I'm from India.
Punjab. So, basically from in India there are most of the people who trade like 10K 25K 50K, right?
>> Yeah.
>> It also sets an example that whoever says that the 10K account is so small or something like that.
It just sets that if you have like some people have 100K accounts and they're able to manage to get 1% or 2% which comes up like $1,000 $2,000. But if like you the example that you can if you if you if you can do it on 10K like 900 is like what the like good good numbers, right? 9% after >> Yeah, yeah, you can you can get 9% on a 10K account. You can get 9% on 100K >> like what I don't know 80 90 dollars for the 10K account which also I got refunded back in the same payout.
So, basically it's like really good.
>> You paid you you paid a tiny fee for a 100K for a 10K account.
Got it back and then earned over $1,000 on that account. That is absolutely awesome. You we also discussed strategy as well and you actually did say that you were kind enough to to walk us through a day in the life of of Suraj at the charts. So, guys, without further ado, we shall bring Suraj's TradingView charts up because he's been kind enough to just walk us through a little bit about the the day in the life of Suraj, you know, coming to the coming to the charts and how he will approach the market. So, Suraj, if you could bring your TradingView up, my friend, that would be absolutely awesome. So, talk us through a little Let's imagine New York session's kicking in. You know, you're you're opening the charts. What is the first thing you do? Walk us through how you look at the market.
>> Yeah, so the first thing I look at is the dollar index.
That's where everything starts. Okay.
And for me, I look at the New York session.
And for me, the New York session is this the the gray the gray area here, which is 8:00 a.m. in the Canada, if you see bottom here. Like 8:00 a.m.
That's where I look up the charts. And it's really simple for me. Like, if I usually trade gold and euro. And if the dollar index is heading upwards, if I I look at the liquidity, if liquidity is sitting upside or downside, I look at the trend in the dollar index.
If it's going up, I'll look for the short in euro and gold. And this is the first thing I do. And then the other thing is I just simply go to euro or gold. So, basically, they move the same.
I just go there. And even today, the market wasn't like doing well, like the volume thing.
But still, I have planned a trade here.
I will just show you quickly how I do it. So, I went there. I look at the dollar index. So, it's right now for me, dollar is heading downwards.
And if you see there, it took out the liquidity. Look at that. It didn't close the candle above. It just sweep the equal lows, came down. Now, it's heading downwards. It's going to sweep this liquidity. So, I know it's it's in downtrend.
So, I'm going to look for buy in Euro.
That's what I did here. If you see that it sweep the low here, now it's heading upwards. It's going to take out this high.
So, what I did, I went to 15 minutes.
So, I usually I day trade. I don't swing trade. I don't I don't believe in I like for me it doesn't work. So, this is what the thing. I use fib from low to high the recent like like the recent like and then I had time entry at 0. Like fib levels you can say 0.5 or 0.6 and then I let it run. I was in a trade, but I then I realized the volume was just dying. If you look at 5 minutes This is This is how I manage my trades as well. I I exited somewhere here, but if you see it like we're getting rejection. There's no volume, but yeah, this if it's like normal session or something, it probably hit TP for sure.
And one more thing I I strictly look for 1:3.
And if I don't get 1:3, I just don't get in the trade or my other criteria is I just only 1% per trade.
This is how it goes. That's the thing with the owner as well. This is how I trade. If you see it's already there.
Like I look for the fibs and use like 50% retracement and look at the direction. That's Yeah, that's it.
>> So, literally simplicity is key here.
You know, it's literally nothing too complicated. You're just looking for a simple move. And if you don't see it straight up, you're just going to walk away from the charts. Dude, that is absolutely awesome. That is super super cool to see to see your strategy. Thank you very much for bringing those those two up. Suraj, just before you do go about your day and before you go out and enjoy the profits of being a profitable trader.
>> [snorts] >> Now, tell us advice for a trader. You imagine if you had to go speak to your to to Suraj 12 months ago, 18 months ago or if you had a trader come up and say, "Suraj, I'm really struggling here. I want to get into the markets, you know, I want to start earning some money. What is your three best points of advice for a beginner trader coming through?"
>> The first and foremost is the simple thing.
Guys, please go for prop firms.
Don't burn your money. I have done it.
It's not worth it. Even though no matter how much the good trader you are, go for the prop firms. You have a Fiveers, one of the best prop firms in there.
And this is just an advantage. If you look at it, in my case, if I have to make $900 on my own capital, if you're a trader, you know what I'm talking about. You need a good capital, right?
And if you just go for the prop firm, I put like what, like $80 or something like that, maybe I don't know like how much, but something like that. And you see the returns, $900, and then you can just keep investing that. You can go for 25K account and do the same thing.
Just make 1%, 2%. Keep going with Keep going Take it slow.
Like for me, in May, I only did two trades, which was totally profitable. I made like 125K. I made like good per- 5, 6%. Like you know how it goes. And the second thing, don't rush. Look for one session. Look for one strategy. And if you guys believe in mentors, look for one mentor only. That's it.
And the third thing, just don't rush.
It's a process you have to go through.
You can't just rush it. That's it.
>> Dude, that's absolutely awesome. Suraj, it's been an absolute pleasure having you on. Absolutely awesome to see to see your trading journey. Suraj, thank you so much for joining. It's been a pleasure. Guys, can we all leave a like on this video and drop a kind comment down for Suraj as well. And if you think you've got what it takes to be interviewed by me, then make sure you go over to the Fiveers, get yourself an account, and let's see what you got.
But, on behalf of myself, the Fiveers, and Suraj, peace.
>> [music]
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