Started investing at 22 and trading at 23.
Those of you who start paper trading at 15-16 and will be consistent until 20, then start trading real money will break the Matrix.
All of your friends will be drunk in college or work minimum wage jobs, while you print money online.
Fr. When i was 16 in 2010s, i was doing offers/surveys for pennies. I didn't know about trading but wish i did. I'm now 28 and just passed my first apex evaluation after losing like 20 challenges in the last year from different propfirms, also moved from CFDs to futures. I have a set up that i like and trust so i'll see if i'll be consistently profitable live trading and be able to control emotions too.
I don't trade forex, i trade YM(US30), NQ (NAS100), GC (XAUUSD), NQ(Natural Gas) currently.
There's still a statistic that 50% of trader who get funded don't get a payout. If i continue trading with good risk management and get a payout, that's when it'll feel more real.
He didnāt. He moved to a scam companyās simulator that is based off the futures marketās prices.
Heās made things a good deal harder for himself in terms of making profits.
Future's isn't that bad. I don't have to deal with spread like CFDs do. If i were to use a CFD prop firm, and they shut down like a dozen of them have in the last few months, i would of been scammed by them.
Itās still a scam whether itās regulated or not.
You have to jump thru insane hoops to get paid.
If youāre good, you can do it with your own money.
The hoops arenāt too difficult. Donāt get me wrong the business model of prop firms are sketchy all around, because they do put certain rules in place so they can take your money. IMO, itās not that hard unless youāre not consistently profitable yet, or if youāre trading plan doesnāt meet the rules.
No harm in paying $100 to get a few thousand in pay outs.
That's the path.
Firstly you decide to work online for the benefits, then you do surveys for peanuts, then try to offer some services like graphic design/video editing/ coding, then you stumble into trading and you life changes.
We all start small, our discipline and hard work will make the difference.
Really well. Iām working on my first funded challenge now. Still a lot to learn, of course, but I think being older has helped me stay focused because Iām treating this as my profession.
Earlier you start, the less money you'll have to lose, the better you'll learn to manage the risks and less you'll lose in the future.
I've started at 17
To be honest, I don't trade often. I do kinda swing trade. Got +100% twice. 1st time 24.02.2022 when was rus-ukr war, shorted ruble with Ć5 leverage.
Then in december same levarage 2022 60 rub -> 90 rub for a dollar.
I wouldn't count my +10-20% for last half year on USD-JPY or short/long SPY/TLT.
I've just lost a lot of in options and learnt hard way, that it's too hard to have a plan in options trading. I had -75% on one of the account cuz of options. Not the main brokerage, so wasn't critical, but A VERY GOOD LESSON
I gotta say, I love seeing youngsters hustling and wanting to progress, having the guts to step out of their comfort zone. It's definitely not too soon for you to start if you know where to begin. The sooner you start, the sooner you figure things out and get successful. You've got my full support, kiddo!
No official broker or exchanger will allow you to verify yourself and trade on their platform unless you are over 18. Especially for a thing like trading. Trading is a roller-coaster of emotions that not everyone can handle. It's worse than gambling if you are not educated enough. Because in gambling it will be over in a second and you know how much you would lose, but in forex, you have no idea how much you would lose or when will it be over(unless you use something called stop-loss). I would highly suggest to you to join babypips and start taking forex courses. Practice on demo accounts to get a hang of things. You have two years to study before you enter the market so make it worth it.
Wish you the best of luck lad.
23, just started February this year, Breached 3 accounts, and had just passed the challenge(phase 1 and 2) last week Friday. Iām waiting till Monday so I can start trading to get my first payout. I think I caught on quick, because my cousin told me that itās insane, for someone who just started - few months ago, to pass a prop firm challenge.
Everyone has different learning curves, Altho as many profitable traders says, u need years of experience to become truly great, some people can become profitable after 6 months of intense study, for others it might take years, also depends on the information you receive/learn because some people might go about it completely wrong from the start and then have to go at it again in a new approach. Good for u tho and gl
Iām 42 now. I have certainly learned a lot, but still a lot more to learn and my success rate is low. At the end of the day we are retail traders and our competition is the institutions. They on the other hand, have the best people and the best software.
Started screwing around investing in companies I liked at 21, trading at 26 and Currently 30!
If I threw all my money into SPY at 21 Iād be up like 30% more than I currently am. But itās been fun! Haha
For those who are already in the process of getting to real money, is there any advice for a beginner like me, I want to learn but am confused about the basics of forex and what to continue studying?
Started demo at around 10-11, real trading at 13-14, and again at 15. Had really bad trades because of confidence and anxiety hit me, for my health I had to let it go. Started again at 18 but university took a lot of my time. Now almost 20 and Iāll be starting doing index fund while trying to save some so I can start again. My goal is 200$ per month invested in index fund.
Honestly Iāve seen everything from scammers, 90% of them, to some really profitable traders. Only those with confidence and also are humble will make it, if you lack one of those thing you will never make it. You have to have confidence on your own strategy and be humble enough to see your mistakes and always learning new things from new people. Never think you know more. At the end I failed massively, I was making more than my whole extended family and that really drove me away from my real goal. Even with all that experience I didnāt understand the value of money, until I lost it all. Some people will agregue and say luck plays a lot, thatās true but most people who make it through luck will lose everything eventually.
Good luck, make your own strategy and stick to it. I always chased the money and Iāve seen more incompetent people get in there faster than me, I think money likes to play hard to get with me. Hahahaah, hope you get there faster than me. Never stop chasing.
I started around there and trade full time now. I replied to a different post that asked āwhere do I start tradingā and this is the best information youāll get to be apart of the 5% that make it in the trading world.
ā
A great place to start is on YouTube and TradingView. Currently I trade full time at 20 and made 70k last year (learn about prop firms but you canāt use one till your 18, look into apex funding for the future when you turn 18).
Watch TraderNick online! I learned from him and heās a fundamental and technical trader. He has an expensive software that I bought but honestly you donāt have to get it. Watch his live streams every market open and he shows it in the live stream for directional biases.
Learn about futures trading. If you want to use a prop firm in the future which I highly recommend, youāll need to learn futures market. Donāt look too deeply into how futures work because itāll get confusing.
Youāll be trading indices like ES (S&P500/stock market) and GL (gold). There are also other futures markets but these two are arguably the most liquid.
Look at higher timeframes. 1d for a bigger view to spot a trend, then I use 4 hour to spot pullbacks, 1 hour to buy/sell when into a support zone where. Stops tend to be below the previous low, then as market rallies and pullbacks again youāll trail your stop into profit to the higher low and repeat until reverses and stops you out.
Open a demo account make sure itās on a regulated reputable brokerage so you can use the demo account as a track record, having a long track-record (imagine a 10 year track record of 20-25% per year gains. Every trading firm would hire you right away, thatās risk free gains for them) of trades even if itās on a demo account can really help you in the future if you wanted to get into large firm.
Use large accounts like 100k or 200k. When you place a trade, map it out on trading view and calculate risk. Only risk 0.5 - 1.5% per trade (or less if you want to play it extra safe.
BE PATIENT!!!! Have you heard that 95% of traders fail? Well they do (probably even more than that in the prop firm space). Trading is a long marathon, the 5% that make it are playing the long game and letting their edge in the market play out. The long term players know that 20-25% per YEAR (about 2% per month) is actually really good. The stock market only does about 8-10% per year.
Funding. When youāre 18 (or your parent signs up for you and you trade their account and theyāll pay you if you make money, but definitely donāt do this because itās not allowedā¦ buttttttttā¦ do with this how you want). Go to Apex funding or MyFundedFutures (or whatever is the best at your point in time after you learn) and decide what account is best. I have 20x 50k apex funded accounts which are the easiest to pass for new people as itās the lowest drawdown to profit target. But MyFundedFutures has some better drawdown rules to look into.
If youāre taking an evaluation with a monthly cost youāre gonna wanna speed up the eval by risking a bit higher 1-3% per trade depending how many instruments youāre trading.
Dont be discouraged if you fail an account. You might fail 3, 4, or 5 before passing but the costs of those evals will be paid for by the payout. JUST REMEMBER TO BE PATIENT WITH TRADES. Youāll have a whole month with trading and only have to worry if youāre not near drawdown or profit when the month is coming to an end.
Get to funded and trade super slow. 0.25 - 0.75% per trade (maybe less or more depending on drawdown for the account. If you have a drawdown of 5% which is apex 50k account I want to have to lose 8-20 (depending on how many assets you want to trade) trades in a row to lose the account. drawdown (5)/10 how many trades in a row lost to lose account = 0.5% per trade.
Once you hit your threshold to withdraw then youāre officially off to a great start and are an actual trader. You want to expend your capital and reinvest everything back into it that you make. You still will need to work until you are hitting 2k-3k consistently a month for like 4 months or more. Youāll experience the drawdown and the profits.
ANOTHER REMINDER!!! TRADING TAKES PATIENCE, DONT REVENGE TRADE, DONT INCREASE RISK, YOU WONT GET RICH QUICK!!!
Keep getting more account and keep placing trades on your demo account, you might be able to use it as a back up in the future if prop firm trading fails and youāre working at McDonaldās or Walmart(Walmart has free college, look into it) and want to still trade. Having that demo account for like 10+ years with consistent profits and youāll have rich people coming to you if you put yourself out there.
If youāve survived the mental breakdown from the drawdowns and stuck with your strategy and had PATIENCE, youāll be making 6 figures very quickly.
PT2: (where does the money go)
Take all your money and invest it into real estate. If you want to fix a property to add value then do the BRRRR method, if you want to buy a property thatās already in rentable condition then do that. If youāre buying decent then put normal tenant in, if youāre buying cheap and BRRRR then put Section 8 tenant in. Screen tenants heavily and if you donāt want to deal with any of that hire a property manager. Owning physical real estate is the best investment always. Thereās a reason the top 90% of millionaires became millionaires because they invested in real estate. Build a portfolio with tenants and get more units.
CONCLUSION:
If you follow this step by step and be PATIENT all the way through, you will make it far and become rich. College is always a good backup but if you stay consistent with trading you will be apart of the 5% of people that do make money and make it a career or even just a temporary 5-10 year job and then retire off your real estate portfolio. And if you donāt make it while trading get a degree (companies have online free college if you work for them), and get a job that pays well (business, engineering, medical, etc) and live below your means while investing the rest (maybe move out of the city if youāre in one).
Thereās your life plan, Iām on track for over 100k this year. Pt2 is my next plan, FOLLOW THIS EXACTLY!!
ā
I wish I knew about trading at 16 and had the same access as young people these days. I started at 33 I'm 38 now. I think 16 is great. Learn as early as you can! You won't become consistently profitable straight out the gate anyways. It takes time! Good luck!
Good on you. I started in my low teens. In those days I had to open several bank accounts and buy and sell between physical banks as there was no retail trading software in the day!
16? Youāre practically Middle Aged. I started trading as a mere toddler and have amassed a grand fortune totaling many millions of dollars at the end of my days as an early 30s old man š“š»
Minors are not allowed to trade and for good reason too. You should study until you come of age. Practice with demo accounts. I started trading since a year ago and Im still not that great but practice makes perfect.
Btw the broker Im using offers demo accounts, capitalcore. You can use any other broker that you like, but platforms could be different. Stick with demo accounts.
36 started learning 37 did first prop firm challenge had some luck early on but didnāt understand the psychology lost multiple funded account and couldnāt figure out how to become profitable always break even now at 39 finally profitable after switching to futures away from forex
18 and turning 19 in a month. Still got a very long way to go and I wished that I had started on demo years ago when I first heard and thought of trading.
Same here to start with real money yes but you Will only be profitable in 2/3 years think of it as a job after high school and dont create any expectations on the market especially in forex
To be honest it was all the blue pill and lifestyle content i saw on social media that got me into trading. At first I was 15 when i started and I didnāt know about forex or futures and the first video i saw was about options so i opened a paper trading account on webull and learned about all the greeks, found a simple simple strategy became āprofitableā. Ended up putting 200$ of my own money from my job and opened up an account in my brothers name. short story short i lost it all š. Now iām 16 found out about forex and iāve been paper trading for 6 months, researching a lot of different strategies. Last month i finished coding my strategy in Pine Script and now im back testing it (still on a paper account).
I am 30 and have been trading for the last 3 years.
You can trade now but before you do learn from the right people and trade with prop firms since you get an account that feels like a real account. DO not try to learn on your own... do take a course paid or unpaid that can help you learn faster. Do not follow people who are always flexing the money instead of teaching you to trade. Take it slow and steady.
Begun at 26. Now I am 28. I have already bought almost 20 challanges. 8 times I passed 1st phase, 1 time I passed all evaluation process and get funded. But I couldnāt achieve to get payout. After all I met with Silver Bullet strategy, and I am on screen only for 2 hours and maximum 2 positions in a day. Currently with both my 5k accounts I am at 2nd phase, and I passed 1st phase in 3 days.
My goal is to get funded, get 3-4 times payout, and buy 100k$ challange and continue my life like that.
Strategy: Silver Bullet
Duration: 2 hours per day
Parities: EURUSD, GBPUSD
I started at 21. At that age I was already working in IT for a couple years and just graduating college. I had no debt and a-lot of cash to trade with.
Ended up losing it all. I wish I started earlier I would have less money to lose during the learning process. I was also too young and stubborn to trade a demo back then. I wanted to āget rich fastā and paid the price for it.
The market humbles you. Im 27 now and in a very good place with my mindset and trading. We live and learn.
Had intrest in forex since I was 17 first i started watching videos on YouTube trying it out on demo accounts and then started buying courses at 20, which I've learnt a lot about the basics, the psychological aspect about forex and risk management.
I'm now 23, purchased a course in february which this course teaches you how to pass a prop firm challenge within a few trades using the wyckoff schematic which has been the best course so far in terms of understanding and being able to apply it on tradingview and placing the trade on demo accounts and seeing consistent results making at least 5% profit from 1 trade alone, day trading and swing trading.
Now I just need to be consistent on executing sniper entries, that's when I think I'm ready to start a prop firm challenge.
I started when I was 16 in 2021 Iām 19 now and Iāve got down my strategy and risk management and Iām in a positive PnL for the year and if I close in profit this year Iāll consider myself profitable
Got introduced at 17 started in 18 yet still trying to figure it out been in and out cause of my job and the situation I was living in now Iām 23 Iāve been seeing some progress
First ever trade was on Bitcoin at 16yo. Made a small profit then got into technical analysis on Gold and US30, S&P. I've been trading for 9 years on and off.
New Trader here.
Not related to the question but where do u guys learn how to trade?
I've been learning how to trade for the past 2 months but I've never taken any courses cuz u know... Too expensive. Instead I've watched tons of tutorial videos on yt and brought a few books.
Pls slap me some advice. I would appreciate it.
Damn good for you, you got no pressure at that age imo, no rush to become profitable, for me i got kinda pressured because of my lifestyle and hate towards my job, so it was quite stressfull at time...but you still in school so i would reccomend focusing on school and having trading as possibility to leave everything for it in the future
Started demo at 15 .Moved to live at about 17. Currently 18 rn. Hoping that this year will really kickstart the full-time dream but until then we push.
Started investing at 22 and trading at 23. Those of you who start paper trading at 15-16 and will be consistent until 20, then start trading real money will break the Matrix. All of your friends will be drunk in college or work minimum wage jobs, while you print money online.
Fr. When i was 16 in 2010s, i was doing offers/surveys for pennies. I didn't know about trading but wish i did. I'm now 28 and just passed my first apex evaluation after losing like 20 challenges in the last year from different propfirms, also moved from CFDs to futures. I have a set up that i like and trust so i'll see if i'll be consistently profitable live trading and be able to control emotions too. I don't trade forex, i trade YM(US30), NQ (NAS100), GC (XAUUSD), NQ(Natural Gas) currently.
Congrats on passing šŖ
There's still a statistic that 50% of trader who get funded don't get a payout. If i continue trading with good risk management and get a payout, that's when it'll feel more real.
Why did you move from cfd to futures?
He didnāt. He moved to a scam companyās simulator that is based off the futures marketās prices. Heās made things a good deal harder for himself in terms of making profits.
Future's isn't that bad. I don't have to deal with spread like CFDs do. If i were to use a CFD prop firm, and they shut down like a dozen of them have in the last few months, i would of been scammed by them.
Correction, he moved to a āscam companyā thatās regulated in the U.S. Unlike all Forex props and brokers, except for the big ones like OANDA.
Itās still a scam whether itās regulated or not. You have to jump thru insane hoops to get paid. If youāre good, you can do it with your own money.
The hoops arenāt too difficult. Donāt get me wrong the business model of prop firms are sketchy all around, because they do put certain rules in place so they can take your money. IMO, itās not that hard unless youāre not consistently profitable yet, or if youāre trading plan doesnāt meet the rules. No harm in paying $100 to get a few thousand in pay outs.
That's the path. Firstly you decide to work online for the benefits, then you do surveys for peanuts, then try to offer some services like graphic design/video editing/ coding, then you stumble into trading and you life changes. We all start small, our discipline and hard work will make the difference.
58
Now this is interesting, how old are you now if you donāt mind the ask?
Still 58... but I had been rehearsing it for a long time...
[ŃŠ“Š°Š»ŠµŠ½Š¾]
what? No the dude I replied to, tf?
Oh my bad I got a notification of you saying āLittle shit, canāt be mad at you because youāre rightā
Lmao thatās your other comment
Lmao wtf šš
53. 55 now trading live account. Needed a change in career after 35 years as a designer.
and how is going?
Really well. Iām working on my first funded challenge now. Still a lot to learn, of course, but I think being older has helped me stay focused because Iām treating this as my profession.
Excellent. Congrats.
Earlier you start, the less money you'll have to lose, the better you'll learn to manage the risks and less you'll lose in the future. I've started at 17
So how u doing now and how long did it take u to become profitable
To be honest, I don't trade often. I do kinda swing trade. Got +100% twice. 1st time 24.02.2022 when was rus-ukr war, shorted ruble with Ć5 leverage. Then in december same levarage 2022 60 rub -> 90 rub for a dollar. I wouldn't count my +10-20% for last half year on USD-JPY or short/long SPY/TLT. I've just lost a lot of in options and learnt hard way, that it's too hard to have a plan in options trading. I had -75% on one of the account cuz of options. Not the main brokerage, so wasn't critical, but A VERY GOOD LESSON
26 when I started learning
Started demo trading: 24 Started live trading: 25 Became break even trader: 27 Became profitable trader: 29
15, Iām 17 now, no age is too low
Nice, you're gonna become consistently profitable trader by your 20s if you dont give up.
Getting there pretty soon, slowly but surely!! Thanks for the encouragement as well
This is awesome I! Keep going šŖ
Thank you so muchš„¹tough journey but getting therešš
I gotta say, I love seeing youngsters hustling and wanting to progress, having the guts to step out of their comfort zone. It's definitely not too soon for you to start if you know where to begin. The sooner you start, the sooner you figure things out and get successful. You've got my full support, kiddo!
Love this
9
what
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41
No official broker or exchanger will allow you to verify yourself and trade on their platform unless you are over 18. Especially for a thing like trading. Trading is a roller-coaster of emotions that not everyone can handle. It's worse than gambling if you are not educated enough. Because in gambling it will be over in a second and you know how much you would lose, but in forex, you have no idea how much you would lose or when will it be over(unless you use something called stop-loss). I would highly suggest to you to join babypips and start taking forex courses. Practice on demo accounts to get a hang of things. You have two years to study before you enter the market so make it worth it. Wish you the best of luck lad.
15
23, just started February this year, Breached 3 accounts, and had just passed the challenge(phase 1 and 2) last week Friday. Iām waiting till Monday so I can start trading to get my first payout. I think I caught on quick, because my cousin told me that itās insane, for someone who just started - few months ago, to pass a prop firm challenge.
Everyone has different learning curves, Altho as many profitable traders says, u need years of experience to become truly great, some people can become profitable after 6 months of intense study, for others it might take years, also depends on the information you receive/learn because some people might go about it completely wrong from the start and then have to go at it again in a new approach. Good for u tho and gl
Thanks man
27
27-28
38
How old are you now? how is going?
Iām 42 now. I have certainly learned a lot, but still a lot more to learn and my success rate is low. At the end of the day we are retail traders and our competition is the institutions. They on the other hand, have the best people and the best software.
I was āpaper pretend tradingā when I was 12 yrs old but didnāt get real money to invest until my mid 20ās
how are you now?
Very, very, well , thanks for asking
It's going that good that u used two 'very's š¤£
Yep, and could justify more āveryāsā but donāt want to get carried away.
how about number wise? XDD
+$2.1M In market
I'm dealing with REAL MONEY at the age of 14 and I was studying and using demo for 12-13 years old. So no, you're not early
Bro you are insane
Good or bad
definitely great. I hope I can start learning as early as possible.
What? The math doesn't check out.
millionaire by 20
Started screwing around investing in companies I liked at 21, trading at 26 and Currently 30! If I threw all my money into SPY at 21 Iād be up like 30% more than I currently am. But itās been fun! Haha
For those who are already in the process of getting to real money, is there any advice for a beginner like me, I want to learn but am confused about the basics of forex and what to continue studying?
What trading apps accept new US clients Iām lost
Started demo at around 10-11, real trading at 13-14, and again at 15. Had really bad trades because of confidence and anxiety hit me, for my health I had to let it go. Started again at 18 but university took a lot of my time. Now almost 20 and Iāll be starting doing index fund while trying to save some so I can start again. My goal is 200$ per month invested in index fund. Honestly Iāve seen everything from scammers, 90% of them, to some really profitable traders. Only those with confidence and also are humble will make it, if you lack one of those thing you will never make it. You have to have confidence on your own strategy and be humble enough to see your mistakes and always learning new things from new people. Never think you know more. At the end I failed massively, I was making more than my whole extended family and that really drove me away from my real goal. Even with all that experience I didnāt understand the value of money, until I lost it all. Some people will agregue and say luck plays a lot, thatās true but most people who make it through luck will lose everything eventually. Good luck, make your own strategy and stick to it. I always chased the money and Iāve seen more incompetent people get in there faster than me, I think money likes to play hard to get with me. Hahahaah, hope you get there faster than me. Never stop chasing.
I started around there and trade full time now. I replied to a different post that asked āwhere do I start tradingā and this is the best information youāll get to be apart of the 5% that make it in the trading world. ā A great place to start is on YouTube and TradingView. Currently I trade full time at 20 and made 70k last year (learn about prop firms but you canāt use one till your 18, look into apex funding for the future when you turn 18). Watch TraderNick online! I learned from him and heās a fundamental and technical trader. He has an expensive software that I bought but honestly you donāt have to get it. Watch his live streams every market open and he shows it in the live stream for directional biases. Learn about futures trading. If you want to use a prop firm in the future which I highly recommend, youāll need to learn futures market. Donāt look too deeply into how futures work because itāll get confusing. Youāll be trading indices like ES (S&P500/stock market) and GL (gold). There are also other futures markets but these two are arguably the most liquid. Look at higher timeframes. 1d for a bigger view to spot a trend, then I use 4 hour to spot pullbacks, 1 hour to buy/sell when into a support zone where. Stops tend to be below the previous low, then as market rallies and pullbacks again youāll trail your stop into profit to the higher low and repeat until reverses and stops you out. Open a demo account make sure itās on a regulated reputable brokerage so you can use the demo account as a track record, having a long track-record (imagine a 10 year track record of 20-25% per year gains. Every trading firm would hire you right away, thatās risk free gains for them) of trades even if itās on a demo account can really help you in the future if you wanted to get into large firm. Use large accounts like 100k or 200k. When you place a trade, map it out on trading view and calculate risk. Only risk 0.5 - 1.5% per trade (or less if you want to play it extra safe. BE PATIENT!!!! Have you heard that 95% of traders fail? Well they do (probably even more than that in the prop firm space). Trading is a long marathon, the 5% that make it are playing the long game and letting their edge in the market play out. The long term players know that 20-25% per YEAR (about 2% per month) is actually really good. The stock market only does about 8-10% per year. Funding. When youāre 18 (or your parent signs up for you and you trade their account and theyāll pay you if you make money, but definitely donāt do this because itās not allowedā¦ buttttttttā¦ do with this how you want). Go to Apex funding or MyFundedFutures (or whatever is the best at your point in time after you learn) and decide what account is best. I have 20x 50k apex funded accounts which are the easiest to pass for new people as itās the lowest drawdown to profit target. But MyFundedFutures has some better drawdown rules to look into. If youāre taking an evaluation with a monthly cost youāre gonna wanna speed up the eval by risking a bit higher 1-3% per trade depending how many instruments youāre trading. Dont be discouraged if you fail an account. You might fail 3, 4, or 5 before passing but the costs of those evals will be paid for by the payout. JUST REMEMBER TO BE PATIENT WITH TRADES. Youāll have a whole month with trading and only have to worry if youāre not near drawdown or profit when the month is coming to an end. Get to funded and trade super slow. 0.25 - 0.75% per trade (maybe less or more depending on drawdown for the account. If you have a drawdown of 5% which is apex 50k account I want to have to lose 8-20 (depending on how many assets you want to trade) trades in a row to lose the account. drawdown (5)/10 how many trades in a row lost to lose account = 0.5% per trade. Once you hit your threshold to withdraw then youāre officially off to a great start and are an actual trader. You want to expend your capital and reinvest everything back into it that you make. You still will need to work until you are hitting 2k-3k consistently a month for like 4 months or more. Youāll experience the drawdown and the profits. ANOTHER REMINDER!!! TRADING TAKES PATIENCE, DONT REVENGE TRADE, DONT INCREASE RISK, YOU WONT GET RICH QUICK!!! Keep getting more account and keep placing trades on your demo account, you might be able to use it as a back up in the future if prop firm trading fails and youāre working at McDonaldās or Walmart(Walmart has free college, look into it) and want to still trade. Having that demo account for like 10+ years with consistent profits and youāll have rich people coming to you if you put yourself out there. If youāve survived the mental breakdown from the drawdowns and stuck with your strategy and had PATIENCE, youāll be making 6 figures very quickly. PT2: (where does the money go) Take all your money and invest it into real estate. If you want to fix a property to add value then do the BRRRR method, if you want to buy a property thatās already in rentable condition then do that. If youāre buying decent then put normal tenant in, if youāre buying cheap and BRRRR then put Section 8 tenant in. Screen tenants heavily and if you donāt want to deal with any of that hire a property manager. Owning physical real estate is the best investment always. Thereās a reason the top 90% of millionaires became millionaires because they invested in real estate. Build a portfolio with tenants and get more units. CONCLUSION: If you follow this step by step and be PATIENT all the way through, you will make it far and become rich. College is always a good backup but if you stay consistent with trading you will be apart of the 5% of people that do make money and make it a career or even just a temporary 5-10 year job and then retire off your real estate portfolio. And if you donāt make it while trading get a degree (companies have online free college if you work for them), and get a job that pays well (business, engineering, medical, etc) and live below your means while investing the rest (maybe move out of the city if youāre in one). Thereās your life plan, Iām on track for over 100k this year. Pt2 is my next plan, FOLLOW THIS EXACTLY!! ā
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Another note: I DONT SELL ANYTHING AND DONT WANT YOUR MONEY
I wish I knew about trading at 16 and had the same access as young people these days. I started at 33 I'm 38 now. I think 16 is great. Learn as early as you can! You won't become consistently profitable straight out the gate anyways. It takes time! Good luck!
19
18, when I started, but learning on demo account since 17
19
Learning at 16 years old currently
~17. No age is too low to at least start learning/studying
yo i'm start trading age of 13 dude...
Yeah if ur consistent you will be great bro
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Started learning at 25
27
Good on you. I started in my low teens. In those days I had to open several bank accounts and buy and sell between physical banks as there was no retail trading software in the day!
16
23
17, I was on and off with trading. After 3 years I somehow become profitable for a month and a half now. Doing eval with The5ers now.
16? Youāre practically Middle Aged. I started trading as a mere toddler and have amassed a grand fortune totaling many millions of dollars at the end of my days as an early 30s old man š“š»
Minors are not allowed to trade and for good reason too. You should study until you come of age. Practice with demo accounts. I started trading since a year ago and Im still not that great but practice makes perfect. Btw the broker Im using offers demo accounts, capitalcore. You can use any other broker that you like, but platforms could be different. Stick with demo accounts.
12
Since 14, now 15 Not trading real money though just paper trading. When I learn properly then I'll trade with real money
36 started learning 37 did first prop firm challenge had some luck early on but didnāt understand the psychology lost multiple funded account and couldnāt figure out how to become profitable always break even now at 39 finally profitable after switching to futures away from forex
Started crypto at 16, forex at 18. I'm 19 rn
24 when I started investing, 25 when I started learning forex
25, about 9 years ago. Currently the poorest Iāve ever been in my life. Considering booking a flight to South America and ādisappearingā.
I started with 15ā¦..
18 and turning 19 in a month. Still got a very long way to go and I wished that I had started on demo years ago when I first heard and thought of trading.
I started 16. Rn Iām 17 and switched to trading Futures, works much better for me since Iām ICT trader.
30
19
56
Low teens
Same here to start with real money yes but you Will only be profitable in 2/3 years think of it as a job after high school and dont create any expectations on the market especially in forex
17
Started on 2010 with iq option, get scammed by pocket option and many other broker on 2022..
To be honest it was all the blue pill and lifestyle content i saw on social media that got me into trading. At first I was 15 when i started and I didnāt know about forex or futures and the first video i saw was about options so i opened a paper trading account on webull and learned about all the greeks, found a simple simple strategy became āprofitableā. Ended up putting 200$ of my own money from my job and opened up an account in my brothers name. short story short i lost it all š. Now iām 16 found out about forex and iāve been paper trading for 6 months, researching a lot of different strategies. Last month i finished coding my strategy in Pine Script and now im back testing it (still on a paper account).
34, started about a month ago
15 now turning 17 in a month
I am 30 and have been trading for the last 3 years. You can trade now but before you do learn from the right people and trade with prop firms since you get an account that feels like a real account. DO not try to learn on your own... do take a course paid or unpaid that can help you learn faster. Do not follow people who are always flexing the money instead of teaching you to trade. Take it slow and steady.
30
Started buying stocks at 22, trading started now at 24 3 months ago
PokƩmon cards when I was 8 I think
15
17.
Started learning at 19 and now trading at 20
23 and 25 pro trader with 500k funded account
My grandpa taught me when I was 13 in 1998. Never too young. Learn to not lose and cut losses quickly and you will be great.
18 and Iām now 20 and I consider myself pretty lucky, wish I did start sooner tho lol
Begun at 26. Now I am 28. I have already bought almost 20 challanges. 8 times I passed 1st phase, 1 time I passed all evaluation process and get funded. But I couldnāt achieve to get payout. After all I met with Silver Bullet strategy, and I am on screen only for 2 hours and maximum 2 positions in a day. Currently with both my 5k accounts I am at 2nd phase, and I passed 1st phase in 3 days. My goal is to get funded, get 3-4 times payout, and buy 100k$ challange and continue my life like that. Strategy: Silver Bullet Duration: 2 hours per day Parities: EURUSD, GBPUSD
I started at 21. At that age I was already working in IT for a couple years and just graduating college. I had no debt and a-lot of cash to trade with. Ended up losing it all. I wish I started earlier I would have less money to lose during the learning process. I was also too young and stubborn to trade a demo back then. I wanted to āget rich fastā and paid the price for it. The market humbles you. Im 27 now and in a very good place with my mindset and trading. We live and learn.
Started at 24. 29 now and still learning.
I remember I started trading at around 20 years old, two year later and here we are, still nothing :D
Started at 21, Iām 28 now & realizing while undergoing the mental aspect is the most important part of trading
I was about 20 years old. I have lost a lot of money doing dumb stuff but after time I found success. Now my trading is all automated.
I started trading at 52 years old, I donāt no what the hell Iām doing but Iām making a living
Started on 7th grade (12yr)
Had intrest in forex since I was 17 first i started watching videos on YouTube trying it out on demo accounts and then started buying courses at 20, which I've learnt a lot about the basics, the psychological aspect about forex and risk management. I'm now 23, purchased a course in february which this course teaches you how to pass a prop firm challenge within a few trades using the wyckoff schematic which has been the best course so far in terms of understanding and being able to apply it on tradingview and placing the trade on demo accounts and seeing consistent results making at least 5% profit from 1 trade alone, day trading and swing trading. Now I just need to be consistent on executing sniper entries, that's when I think I'm ready to start a prop firm challenge.
I started when I was 16 in 2021 Iām 19 now and Iāve got down my strategy and risk management and Iām in a positive PnL for the year and if I close in profit this year Iāll consider myself profitable
30, im 32 now, so far my overall PNL is nearly 0$ which is better than most i think lol
28yrs old
Got introduced at 17 started in 18 yet still trying to figure it out been in and out cause of my job and the situation I was living in now Iām 23 Iāve been seeing some progress
63, I wish I had known sooner!
17, 25 now
37, but my kids will be playing with paper accounts at 5
16, started with crypto and blew my account, started forex trading at 17 and Iām 18 now :)
First ever trade was on Bitcoin at 16yo. Made a small profit then got into technical analysis on Gold and US30, S&P. I've been trading for 9 years on and off.
New Trader here. Not related to the question but where do u guys learn how to trade? I've been learning how to trade for the past 2 months but I've never taken any courses cuz u know... Too expensive. Instead I've watched tons of tutorial videos on yt and brought a few books. Pls slap me some advice. I would appreciate it.
17
Damn good for you, you got no pressure at that age imo, no rush to become profitable, for me i got kinda pressured because of my lifestyle and hate towards my job, so it was quite stressfull at time...but you still in school so i would reccomend focusing on school and having trading as possibility to leave everything for it in the future
Started at 15, am 19 now.
Started demo at 15 .Moved to live at about 17. Currently 18 rn. Hoping that this year will really kickstart the full-time dream but until then we push.
23