TradeTodayco is an original that started his trading journey as a high-school kid missing classes to trade. He has been working on his current system for the last 30 weeks, since July 2019. He is trading the majors and he is currently ranked #258 in the ZuluTrade community.
Most of his trades are closed in the same day. TradeTodayco keeps focusing on his daily routine, enters the market with predefined limit orders and he is disciplined to cut his losses short, by taking stop losses.
The TradeTodayco account has generated 28% annualized Return on Investment (ROI) with 319 pips Maximum DD. The overall NME is currently at 97$.
Let’s meet him and read about his trading experience at ZuluTrade.
• Tell us about your trading background and how you got started trading.
I started trading in 2015 when I was not even 18 years old in demo accounts. When I turned 18 I opened the first real account. From there I began to study much more thoroughly.
One day I told a good friend that I had a strategy that had given me good results in demo. I marked my equity before and after that conversation. Soon, we opened our trading account with € 100 each [different accounts] missing class every morning for a week we end up raising the account to € 1000. It was then, that it became clear, that I wanted to dedicate myself to trading professionally.
I have lived thousands of stories, win and lose a lot of money, reach rankings of the best traders in several brokers, events, tournaments … numerous experiences that have forged me as the trader that I am today.
My current day to day goal is to generate profit to my master account in the Forex market, to continue improving the strategy, creating new ones either manually or with EAs, and improving my brand as a TradeToday company.
• When did you first discover ZuluTrade? What was it about ZuluTrade that got your interest?
I discovered Zulutrade 2/3 years ago via YouTube and I was impressed to see traders manage millions of dollars.
• Give us the basic structure of your strategy
My strategy is to wait for the Accumulation of the market and start entering when it is about to release [Fundamental News], from there I follow the price until the release and thus i have a profit
• What’s your trade management approach – taking profit and exits, trade size and account- level risk management?
I focus on getting an average of 10% per month. I know that I can do it, by entering the market with a 1 or 2% maximum risk per entry and accumulating these when it is releasing. I re-enter the market by adjusting stops and always reducing the risk to that 1 or 2%. Doing that when the level is correct rises 1 or 2% but the potential gain is a minimum of 4%.
For me the key is in the approach is focusing in our specific profitability percent, instead of focusing on the graph.
“If the mountain does not come to Muhammad, Muhammad goes to the mountain”
• How can your followers get the best by your strategy?
With an account of $ 1000 and a risk of 1.00 or 2.00 is enough to start getting good results.
• How do you feel when you have a good and a bad trade? How are you dealing with this?
I feel very calm in both cases, especially the losses I take them as part of the business since the strategy has been working for years and the statistics work.
• Finally, if you could give some advice for the aspiring traders out there, what would it be?
Get away from Internet traders who only sell courses and signals without showing that they have a real track record in this world.
If I went back in time, I would have saved some rookie mistakes if I had studied with a verified professional from the beginning. I think that being next to someone who really does this is key, that tells you about their experiences. Trading is more than a job, mentally one must be trained a lot and above all be very prepared for strong work falls that are sure to come until they become really professional in trading.
That was all from TradeTodayco. More Traders’ Interviews to follow…Stay Tuned!