In a recent interview with The5ers, an Italian trader shared his journey from working long hours in a factory to becoming a full-time trader.
In a recent interview with The5ers, an Italian trader shared his journey from working long hours in a factory to becoming a full-time trader.
Here are the Highlights of the article “Italian Trader Achieves Dream of Full-Time Trading with The5ers!”:
In a recent interview with The5ers, an Italian trader shared his journey from working long hours in a factory to realizing his dream of becoming a full-time trader.
The trader, who resides in Italy, expressed his passion for trading and his determination to transition from his current job to a full-time trading career. Despite dedicating over 10 hours a day to the factory, he has been actively working towards his goal of living solely on trading income.
Initiating his trading journey in January 2017 with a real account on IC markets, the trader faced initial challenges due to a small capital and the absence of a clear strategy. He charged 100 euros per month while attempting to succeed without a defined plan. Over time, he experimented with various indicators, following trading advice on YouTube channels like “no-nonsense trading.”
However, in 2023, the trader underwent a significant transformation in his approach to the markets. He also discarded most of his indicators, opting for a more analytical and personal strategy. Now, he bases his decisions on daily analysis, adapting to market changes weekly.
The trader openly discussed two major challenges in his trading journey: risk management and the psychological aspect. Admitting occasional lapses in respecting stop losses and managing position sizes, he emphasized the ongoing effort to overcome these weaknesses.
Regarding psychological strength, the trader highlighted the importance of recognizing personal emotions and avoiding trading on days when not feeling optimal. This self-awareness, he believes, sets him apart from many traders.
When asked about passing The5ers’ evaluation, the trader credited a combination of price action with an ICT strategy and volumes from order flow. He appreciated the support received from The5ers and the opportunity to grow his capital rapidly, a benefit not easily achievable with a traditional trading account.
In offering advice to newcomers, the Italian trader emphasized patience, adherence to a trading plan, and waiting for the right moments. He reassured that missing a trade on a given day is acceptable, urging new traders to prioritize discipline over impulsivity.
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