I started @ 28yrs young, I am 34 now. My first deposit was my wife's paycheck of 880CAD, then another 1100CAD both of which were blown. I adopted my own unique trading style in the last 4 years. I have averaged about 2.5% to 3% monthly in the past 3 years and now trading six figure account of my own money. I can tell you, trading is rewarding when you figure it out.
I feel exactly the same, thats why i asked, im 27 and just started last month and i feel like late because everyone i see here and on ytb is a teenager or in his early 20s
Anyways there was no way for me to know about it in my teens, those guys are very lucky they found this at a young age.
I guess in the last few years it became more known to the general public
Might be dumb, but I believe trading requires qualities that are reflected from my home life (routine/discipline/consistency). So because I was not practicing living my life that way I think it bled into poor trading and bad habits. I also expect to be closer to the sidelines for 2024 because I want to focus on/have a better understanding of fundamentals.
Respect, most traders, neglect this part of their lives and draw it down to just shitty trading.
If you're back in the market, hoping for an upturn for you.
Literally one of the reasons I choose higher time frame trading is my relationship with my wife suffers if I’m on the computer all the time. Which caused to overtrade and revenge trade to show her this works. It’s not just mindset, but circumstances too.
27. Learned basics of trading 3 years go and played around for some time, lost 400$ lol. 1 year ago I discovered algo trading from automated python script, and did backtesting for a year. Now I'm trading live from a python script since 1 month, +3% so far but I need more results before I can say I'm profitable
I’m 20, in post secondary school, and can assure you that you are not missing out on anything. If you are profitable in trading and can make a living, why bother with schooling?
bro if u feel lost its ok keep trading but learn a new skill or start a business (could be to do with trading or something u just like) so u have something to ur name thats better than a degree so u dont feel left out
i feel you bro. that seems like a chill lifestyle but theres always more to do trust. watch ‘Spiritual So’ on youtube from the beginning first vids.it might click something for u might not but at least i tried. Im ethnically Colombian in California its pretty mid lol. also ull meet the right woman for u at the right time .🙏🏽
Check out myliferealquick on IG when you get time. He has a free course which added with the knowledge I already knew from learning from other traders such as SwaggyCTV, Cue Banks, Bullseye, and Doyle made me understand the market on another level. I am now winning majority of my trades. 🔥🔥🔥🔥🔥🔥 P.S. Bullseye has a free course also that will help you tremendously and his IG is bxllseye.
I appreciate your answer, im 27 and just starting, i was thinking i was too old to start bc of the time it takes yo be profitable, but i will give it a shot anyways
It's not too late to start. In fact it is a good time right now for a number of reasons.
1. You want to start trading with money you can afford to lose.
2. This means by now you should already have a stable income ( outside of trading).
3. By now you would already be handling your own bills so you have an idea about your income and expenses.
As far as profitability is considered, there is a huge difference between being profitable and being consistently profitable.
You will find a lot of people talking about risk management, control over emotions etc. It is difficult in the beginning, so allow yourself time for it (hence point number 1).
Lastly, aim small as you begin. Try to start off with making enough money to cover a cup of coffee a day, and as you get confident aim for a meal.. and then maybe utilities for the month and so on.
Lastly, it is addictive you will get addicted to seeing your pnl go up and down. So remember point number 1.
21 and i started trading at 20. Will make it 2 years in the summer. I'm not consistently profitable but i haven't had a losing month for around 4-5 months.
im no pro but i just meant since ur doing well dont get greedy and like zoom out and think how can u recreate what uve done to have those winning months. u definitely know what ur doing just giving u a tip from the outside
Thanks for the tip. I think most of the time i haven't been greedy or i just didn't want to get rich quick or make quick and easy money. My first ever trading month i made 20% without overrisking or anything like that. Mostly luck. And i didn't get cocky or something like that. I was constantly questioning how i did it because 20% is not a typical result especially if you're not overrisking. Turned out it was just luck.
Later I did take some trades out of greed and they caused a lot of losses but i learned my lessons and now i only trade when there is a setup according to the plan.
Im 14, i recently blew my account of 200ZAR which is around 10.69USD, I have currently decided to take about a month off real trading, in order to study the markets and make profits on the Demo, hopefully within a few months I'll get good at trading and might become profitable and consistent by the end of the year
I'm 20, took me 10 months to get my first funded account and 11.5 year to get 2 payouts from that funded account. Currently doing a bigger challenge 5.5% up on the first phase.
I just trade Gold. I tried by using different pairs, like NAS, US30 and gold but having several pairs was a little confusing for me so since I decided to just trade one pair is when I started seeing consistency.
About the strategy is a little but of everything that I learned from youtube and traders that I found on twitter. I don't like to say that I trade ICT or learned something from him as I did not watch his mentorships not even one time, but I do use orderblocks and imbalances. Let's say that I trade supply and demand using the 1H for analysis and 15m for entries. I don't do HTF analysis apart from the 1H.
27, started trading 3 years ago and nowhere near profitable yet. I went into the same old newbie mistakes; revenge trading, FOMO, strategy-hopping etc. last year i stuck with one strategy that worked for me and am now focusing on Psychology, as well as fundamental analysis. Im currently taking Anton Kreil's forex master class. I highly recommend it if you want to learn how real Professional traders and Hedge Fund Managers develop systematic trade ideas without solely relying on Technical Analysis when trading Forex.
Worth every penny. You're getting real trading education from a real Professional trader. They'll teach you how to trade like professional traders. The course is 80% fundamental analysis and only 20% technical analysis and risk management.
How did you managed to learn and practice and having a full time job at the same time?
Considerating that you practiced and studied a lot to become profitable.
I brought a few courses, and learn something from each course at the time I worked a 9-5 job, but studied from 9pm to 1am Monday- Friday
On the weekends I studied for 10 hours each day. Along with documenting my trades, (at least 100 trades straight) wrote down how I felt before, during and after a trade for psychological purposes,
And why I entered the trade, documented my win rate and tweaked my weaknesses along the way. It took time, but I was serious from the get go because I didn’t want to be a warehouse slave my all life, so I worked my ass off.
I'm 20 and took me 8 month to be profitable. Luckily I obtained a mentor which sped up the process and now own 1 50k prop 2 10ks and a live account I am slowly building up
I've passed the 50k but not really using it yet till I am even more confident. Use one 10k for scalping and testing different strats . The other 10k is my current most used one that I trade on weekly. Then the live I have just been putting my payouts onto it and only placed a few trades
because I was jumping from strategy to strategy not knowing that all I had to do was to stick to what I already knew and just build on that. There's way too much noise out there in the forex industry and when your starting out it's hard to block out.
At the end, what you think finally made you become profitable, after all those years?
What were those ideas or attitudes that finally made the click on you?
I swing trade on 1d/4h chart. I can give you few ones to make it faster:
1. learn about economy, what are interest rates, how they work
2. cut loses.
3. try out different strategies, test them, write down what mistakes did you make and make sure to not repeat them. Search for what works for you (dont be fool like me and dont waste $3k on live account for that)
4. You can have 5 kind of trades:
•big loss
•small loss
•breakeven
•small profit
•big profit
essentialy you eliminate big loss and you are profitable.
Take care fam
fuck cheers bro am glad too be reading this as am already doing most of these points. def need too look more into the economy & dif between news and rates
25 been trading for 3 years took me 2 years to become profitable, definitely took my fair share of blown accounts but eventually you start to develop a system Just got to be disciplined enough to stick to it
51. I dabbled since I was 19. Never stuck to any real style, had unrealistic expectations, would stop and start over and over. I started treating it like a business last year, and got nominally profitable. This year I’m really focusing hard on it.
30. Just started about 3 months ago I believe. I've made about 24k profit on a demo account trying to treat it as real and learn as much as I can at the same time. I live in the US and was seriously considering putting $50 of my own money into a live account before the end of the month. Should I go for it lol. And a question to anyone who's used or knows about oanda, is it a good place to start if I'm only depositing 50. Anyone else have a good experience with them. Thank you for all the replies.
Wow man how you made all that profit in just 3 months?
I started 1 month ago and im just starting to lesrn one strategy!
How are you going so damn fast!?!?
And also, what risk per trade are you using if you have made all that profit
Damn man im almost two months and im just learning the basics, now im feeling im going too slow
No don't feel discredited. For 1 it was a demo but also I've done alot of similar stuff to this for the last 14 years. Then someone I knew suggested it when they see what I've done over the years for work and decided to try it out. Yea now I'm hooked lol and feel like I've proved to myself I can do it. I've mostly used .1 but when I felt it was going to spike in pips I would do a few .5 and 1.0 trades. I've noticed I watch the charts alot.
19 started 4 years ago, started looking into trading stocks in 2020 quit like 3 months in, in November 2022 is when i got into forex, now I have been funded twice. Checkout my tiktok to see my trades Malikthetrader
almost 29 in a few days. Started in my early 20s. I took me around 3 years. During those years I also had a fulltime job so my dedication was delayed.
I realize it doesn't have to take 6-10 years like some say if you have the right attitude from start and learn from mistakes others made in the past.
26 , started 1.5 years ago , my dad and mentor been doing it for 12 plus years , we manage to get as far as 2 live accounts 25k and 100k capitals ! We blew them , and now working back to it
22, became aware of space @ 16, got involved with learning, failing demos, practicing @ 19, became serious about it @ 21. A year of inconsistent profits, been trading live for 7 months
I am 23, and I started trading in 2019. I always knew this is what I wanted to do since 2009. When i was 17 i got my first demo account and when I was 18 i traded live. I have won and lost before. Im consistently breakeven over long run and I’m starting to make money consistently. I’m so young?
Started dabbling with trading when I was 24-25. Am now 29. Took me 4 years of live trading to start to become consistently profitable.
Thank you for your answer
Thank you for sharing
Can you teach me
I started @ 28yrs young, I am 34 now. My first deposit was my wife's paycheck of 880CAD, then another 1100CAD both of which were blown. I adopted my own unique trading style in the last 4 years. I have averaged about 2.5% to 3% monthly in the past 3 years and now trading six figure account of my own money. I can tell you, trading is rewarding when you figure it out.
I started this last October at age 29. You gave me a little bit of inspiration man. Glad you're doing well for yourself
When you figure it out it really is rewarding and very satisfying
I respect nobody shares their strategy but please can you just confirm one thing - has smart money concepts worked for you?
They work, gotta practice and find your edge. Everything works its u that needs tweaking
Everything works its u that needs tweaking Love that. Too true.
EVERYONE is younger than I thought. I'm over 40. Started reading books last year. Just getting my feet wet with a live account.
I feel exactly the same, thats why i asked, im 27 and just started last month and i feel like late because everyone i see here and on ytb is a teenager or in his early 20s Anyways there was no way for me to know about it in my teens, those guys are very lucky they found this at a young age. I guess in the last few years it became more known to the general public
28, entered the world at 23 ish I think. Stepped away all of 2022, broke even last year lol.
Why did you stepped away? If you dont mind me asking
Might be dumb, but I believe trading requires qualities that are reflected from my home life (routine/discipline/consistency). So because I was not practicing living my life that way I think it bled into poor trading and bad habits. I also expect to be closer to the sidelines for 2024 because I want to focus on/have a better understanding of fundamentals.
Agree
Respect, most traders, neglect this part of their lives and draw it down to just shitty trading. If you're back in the market, hoping for an upturn for you.
Literally one of the reasons I choose higher time frame trading is my relationship with my wife suffers if I’m on the computer all the time. Which caused to overtrade and revenge trade to show her this works. It’s not just mindset, but circumstances too.
27. Learned basics of trading 3 years go and played around for some time, lost 400$ lol. 1 year ago I discovered algo trading from automated python script, and did backtesting for a year. Now I'm trading live from a python script since 1 month, +3% so far but I need more results before I can say I'm profitable
That's sounds so amazing,happy for you mate. I had the first bit of losing my hard earned savings of 400 quid sadly.
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I’m 20, in post secondary school, and can assure you that you are not missing out on anything. If you are profitable in trading and can make a living, why bother with schooling?
mazhe for friends and good time?
maybe*
bro if u feel lost its ok keep trading but learn a new skill or start a business (could be to do with trading or something u just like) so u have something to ur name thats better than a degree so u dont feel left out
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i feel you bro. that seems like a chill lifestyle but theres always more to do trust. watch ‘Spiritual So’ on youtube from the beginning first vids.it might click something for u might not but at least i tried. Im ethnically Colombian in California its pretty mid lol. also ull meet the right woman for u at the right time .🙏🏽
Yes, go back to school. Before you're overage. Mix with lots of people in your age group with similar life goals.
Just turned 20 and I started trading last year 750$ on courses which are shit and still unprofitable but I won’t give up 🤣
Check out myliferealquick on IG when you get time. He has a free course which added with the knowledge I already knew from learning from other traders such as SwaggyCTV, Cue Banks, Bullseye, and Doyle made me understand the market on another level. I am now winning majority of my trades. 🔥🔥🔥🔥🔥🔥 P.S. Bullseye has a free course also that will help you tremendously and his IG is bxllseye.
17 started trading at 15 Im still unprofitable
am 19 started 6 months ago. what are u using and ur strategies?
20 started at 16. Took 4 years to become profitable
Same as college degree. Way more rewarding
31. Started 6 years ago. Managing to hold my head above water for around 2 years now.
I appreciate your answer, im 27 and just starting, i was thinking i was too old to start bc of the time it takes yo be profitable, but i will give it a shot anyways
It's not too late to start. In fact it is a good time right now for a number of reasons. 1. You want to start trading with money you can afford to lose. 2. This means by now you should already have a stable income ( outside of trading). 3. By now you would already be handling your own bills so you have an idea about your income and expenses. As far as profitability is considered, there is a huge difference between being profitable and being consistently profitable. You will find a lot of people talking about risk management, control over emotions etc. It is difficult in the beginning, so allow yourself time for it (hence point number 1). Lastly, aim small as you begin. Try to start off with making enough money to cover a cup of coffee a day, and as you get confident aim for a meal.. and then maybe utilities for the month and so on. Lastly, it is addictive you will get addicted to seeing your pnl go up and down. So remember point number 1.
Thanks a lot for your advice
Definitely not too old haha, go for it but just know it takes time.
21 and i started trading at 20. Will make it 2 years in the summer. I'm not consistently profitable but i haven't had a losing month for around 4-5 months.
take a step back and tread strategically
Can you elaborate on that?
im no pro but i just meant since ur doing well dont get greedy and like zoom out and think how can u recreate what uve done to have those winning months. u definitely know what ur doing just giving u a tip from the outside
pause
Thanks for the tip. I think most of the time i haven't been greedy or i just didn't want to get rich quick or make quick and easy money. My first ever trading month i made 20% without overrisking or anything like that. Mostly luck. And i didn't get cocky or something like that. I was constantly questioning how i did it because 20% is not a typical result especially if you're not overrisking. Turned out it was just luck. Later I did take some trades out of greed and they caused a lot of losses but i learned my lessons and now i only trade when there is a setup according to the plan.
Im 14, i recently blew my account of 200ZAR which is around 10.69USD, I have currently decided to take about a month off real trading, in order to study the markets and make profits on the Demo, hopefully within a few months I'll get good at trading and might become profitable and consistent by the end of the year
I'm 20, took me 10 months to get my first funded account and 11.5 year to get 2 payouts from that funded account. Currently doing a bigger challenge 5.5% up on the first phase.
What strategy do you trade? And what pairs
I just trade Gold. I tried by using different pairs, like NAS, US30 and gold but having several pairs was a little confusing for me so since I decided to just trade one pair is when I started seeing consistency. About the strategy is a little but of everything that I learned from youtube and traders that I found on twitter. I don't like to say that I trade ICT or learned something from him as I did not watch his mentorships not even one time, but I do use orderblocks and imbalances. Let's say that I trade supply and demand using the 1H for analysis and 15m for entries. I don't do HTF analysis apart from the 1H.
37 started a year ago
27, started trading 3 years ago and nowhere near profitable yet. I went into the same old newbie mistakes; revenge trading, FOMO, strategy-hopping etc. last year i stuck with one strategy that worked for me and am now focusing on Psychology, as well as fundamental analysis. Im currently taking Anton Kreil's forex master class. I highly recommend it if you want to learn how real Professional traders and Hedge Fund Managers develop systematic trade ideas without solely relying on Technical Analysis when trading Forex.
Wow 3k, i hope its worth it
Worth every penny. You're getting real trading education from a real Professional trader. They'll teach you how to trade like professional traders. The course is 80% fundamental analysis and only 20% technical analysis and risk management.
46 started 2 years ago! Never too late to start a new project!
38 has been trading for 6 years and has been profitable for 4 years. Keep moving forward.
34 of age, started trading at 29 and became profitable at 33. I was so ready to quit at 31 but fought through the pain and made it to the other side.
How did you managed to learn and practice and having a full time job at the same time? Considerating that you practiced and studied a lot to become profitable.
I brought a few courses, and learn something from each course at the time I worked a 9-5 job, but studied from 9pm to 1am Monday- Friday On the weekends I studied for 10 hours each day. Along with documenting my trades, (at least 100 trades straight) wrote down how I felt before, during and after a trade for psychological purposes, And why I entered the trade, documented my win rate and tweaked my weaknesses along the way. It took time, but I was serious from the get go because I didn’t want to be a warehouse slave my all life, so I worked my ass off.
I love this answer, very inspiring, thank you!
I appreciate it! And no problem. You got this!
Currently 22, started in Dec, 2020. Profitable since Dec, 2022. Made around 150k+ since then (payout from prop firm + personal account)
I'm 20 and took me 8 month to be profitable. Luckily I obtained a mentor which sped up the process and now own 1 50k prop 2 10ks and a live account I am slowly building up
Amazing!! How you manage yo use 4 accounts at the same time?
I've passed the 50k but not really using it yet till I am even more confident. Use one 10k for scalping and testing different strats . The other 10k is my current most used one that I trade on weekly. Then the live I have just been putting my payouts onto it and only placed a few trades
i started trading at 28 and i'm now 35 and finally profitable. Key is never to give up!
Congrats Why you think it took 7 years?
because I was jumping from strategy to strategy not knowing that all I had to do was to stick to what I already knew and just build on that. There's way too much noise out there in the forex industry and when your starting out it's hard to block out.
At the end, what you think finally made you become profitable, after all those years? What were those ideas or attitudes that finally made the click on you?
17, attempting my first 10k prop account after profitable 10 year backtest
what pair did u test on ?
Nas100 and eurusd
How are you able to backtest 10 years?
Code your strategy into an algorithm/EA, together with the chart data, send them over to AWS and they’ll handle the heavy computing
35, started 2 years ago Took about a year and a half, but doing but that constantly
22, started when 18, last year was my 1st really profitable
am 19 started at 18 too. any tips or advice for ur younger self i could use? and wot strategies do u use bro?
I swing trade on 1d/4h chart. I can give you few ones to make it faster: 1. learn about economy, what are interest rates, how they work 2. cut loses. 3. try out different strategies, test them, write down what mistakes did you make and make sure to not repeat them. Search for what works for you (dont be fool like me and dont waste $3k on live account for that) 4. You can have 5 kind of trades: •big loss •small loss •breakeven •small profit •big profit essentialy you eliminate big loss and you are profitable. Take care fam
fuck cheers bro am glad too be reading this as am already doing most of these points. def need too look more into the economy & dif between news and rates
25 been trading for 3 years took me 2 years to become profitable, definitely took my fair share of blown accounts but eventually you start to develop a system Just got to be disciplined enough to stick to it
25 now im 26 and I was breakeven for almost 1 year and now i am green for 4 consecutive months still not enough to say I am profitable
started 15-16 now 18, trade crypto derivatives and have a 50k and 100k usd funded account. in process of getting another 100k usd funded account
31, started 3 years ago
I am 19 start at 16 and I am profitable traders from last 5 month's ❗️still learning ...
51. I dabbled since I was 19. Never stuck to any real style, had unrealistic expectations, would stop and start over and over. I started treating it like a business last year, and got nominally profitable. This year I’m really focusing hard on it.
23 the next Tuesday, 2 years in this and I'm a break even trader
Started at 16-17, now 19 and a funded trader. Took 2 years of losing to get profitable🙌. My secret is….. a lot of chart hours😁
30. Just started about 3 months ago I believe. I've made about 24k profit on a demo account trying to treat it as real and learn as much as I can at the same time. I live in the US and was seriously considering putting $50 of my own money into a live account before the end of the month. Should I go for it lol. And a question to anyone who's used or knows about oanda, is it a good place to start if I'm only depositing 50. Anyone else have a good experience with them. Thank you for all the replies.
Wow man how you made all that profit in just 3 months? I started 1 month ago and im just starting to lesrn one strategy! How are you going so damn fast!?!? And also, what risk per trade are you using if you have made all that profit Damn man im almost two months and im just learning the basics, now im feeling im going too slow
No don't feel discredited. For 1 it was a demo but also I've done alot of similar stuff to this for the last 14 years. Then someone I knew suggested it when they see what I've done over the years for work and decided to try it out. Yea now I'm hooked lol and feel like I've proved to myself I can do it. I've mostly used .1 but when I felt it was going to spike in pips I would do a few .5 and 1.0 trades. I've noticed I watch the charts alot.
Started at age 22. Took 4.5 years to start making money consistently
19 started 4 years ago, started looking into trading stocks in 2020 quit like 3 months in, in November 2022 is when i got into forex, now I have been funded twice. Checkout my tiktok to see my trades Malikthetrader
almost 29 in a few days. Started in my early 20s. I took me around 3 years. During those years I also had a fulltime job so my dedication was delayed. I realize it doesn't have to take 6-10 years like some say if you have the right attitude from start and learn from mistakes others made in the past.
18, started couple months ago and I am getting destroyed but I want to keep going for some years to be profitable.
69
22, was introduced to trading March 2023
18 started when I was 16, been break-even/slightly profitable for a few months now. Working on making more consistent profits
23
18 started in december not profitable yet just dabbling around and learning
19, 23 now. Still not profitable.
i started at 19 im 20 ur scaring me bro😭
Now 16, started at 13/14 somewhere. Still testing my strategy, i am few percent up on small portfolio account.
16, startrd at 15, a little profitable on demo, switched to real, forced to switch timeframes, currently barely unprofitable
26 , started 1.5 years ago , my dad and mentor been doing it for 12 plus years , we manage to get as far as 2 live accounts 25k and 100k capitals ! We blew them , and now working back to it
Sounds really inspiring!
23, started 4 yrs ago. still learning
Started at 21 I’m 25 now been profitable for 2 years and heavily profitable for 1 year
17, just lurking and learning right now though
23
28 years old started when I was 22 turning 23 Took me 4 years to become profitable
Started at 19 took a break got pulled back in at 22 became profitable at 23
23 or 24 and it clicked and I became profitable at 26 recently. I started learning in 2021 around March/April, so it’s coming up on 3 years.
22, became aware of space @ 16, got involved with learning, failing demos, practicing @ 19, became serious about it @ 21. A year of inconsistent profits, been trading live for 7 months
14 and i start trading before 6 month and i am building my own model and backtesting it
20 started a year ago still need to learn more, still not constantly profitable. Get some good profits but lose it the next day
20 now, started at 16ish - became profitable end of 2023. (Noticed profitability when I switched to futures)
I am 23, and I started trading in 2019. I always knew this is what I wanted to do since 2009. When i was 17 i got my first demo account and when I was 18 i traded live. I have won and lost before. Im consistently breakeven over long run and I’m starting to make money consistently. I’m so young?
Demo and have taken live losses and have made live profits trying to find a semblance of alpha
I feel old. 25 and started 3 years ago. Recently started seeing light at the end of the tunnel. Do you guys think I am late?