How i lost 6% of my account in 2 weeks 💸

Took my first forex trading trial and failed after 14 days. Here is my main learning experience.

1) stick to 1 strategy, I should not have kept changing strategies. Changing strategy stems from my low confidence in my strategy. Since the start of this trial i’ve back tested another strategy which delivers mathematical viability. So i’m going to be committing to this new strategy for my 2nd attempt.

2) have some faith in my model. I just need to be consistent in showing up on the chart at the specific time of the day like turning up from work and following my gameplan. Whether i win or lose that day does not matter. What matters is i keep showing up and my model should play out according to the math that i’ve done.

I’ll be attempting my second attempt at this trial, if it goes well, i’m looking to trade for FTMO and hopefully get funded as a prop firm trader.

NOT financial advice, just sharing my personal experience and everyone’s experience may differ. I’m just an average uni (non-finance) student who has a big dream to retire right after my uni graduation. I’m learning now to trade and hopefully make a living out of the financial markets all from the free education of youtube.

#financialfreedom #investing #trading #forex