Kadyrbek Ibraimov’s 10-year Trading Journey And Success With Audacity Capital

In the world of trading, each trader’s path is unique, shaped by personal experiences, strategies, and the challenges they face along the way. Kadyrbek Ibraimov is one such trader whose journey spans over a decade of dedication and growth. From his early days of learning the ropes to trading with a funded account through the Audacity Capital Funded Trader Program, Kadyrbek’s story is an inspiring example of perseverance and strategic thinking. In this interview, he shares insights into his trading career, the impact of the funded program, and advice for traders at every level.

A New Beginning In Trading

Q: Introduce yourself. Tell us where you’re from.
A: My name is Kadyrbek Ibraimov. I was born on April 5, 1962, in Bishkek, the capital of the Kyrgyz Republic.

Q: How did you get started in trading?
A: I started trading more than 10 years ago. It all began when I saw an advertisement for a trading course. After completing the training, I started with a $500 deposit. There were both successes and failures along the way, but I quickly realized that to make decent money, you need a decent deposit. I began seeking investors and continued learning in my spare time. After retiring, I decided to commit to trading full-time, making it my profession.

Why Trading?

Q: Why did you decide to start trading?
A: I discovered that trading was a perfect fit for me during my studies. It offers independence—just a laptop and the internet are enough to work from anywhere in the world. Trading also demands continuous learning and staying updated on global events. However, you have the flexibility to take a break whenever needed.

Q: What goals do you pursue in your trading career?
A: My goal is to earn $5 million over the next five years. With that, I plan to invest in commercial real estate and generate rental income. I also hope to share my experience and knowledge with younger traders, inspiring more people to join the world of trading.

The Full-time Trader Lifestyle

Q: Are you trading full-time or part-time?
A: I trade full-time now.

Q: Can you tell us about your trading strategy?
A: I’ve been trading for over a decade. Initially, I traded with a regular account, focusing on medium-term strategies based on wave analysis. My working drawdown was 30%, and the critical drawdown was 50%. Now, I trade on my savings account using options analysis for intraday trading. I focus on six currency pairs—AUD/USD, CAD/USD, CHF/USD, EUR/USD, GBP/USD, and JPY/USD—along with Gold and SPX500. I also trade Bitcoin, oil, gas, and silver, though these aren’t available on my current platform.

Discovering Audacity Capital

Q: How did you first hear about the Audacity Capital Funded Trader program, and what motivated you to join?
A: I first learned about the program last summer while taking options training with Roman Ankudinov, a mentor of mine and an active trader involved in the program.

Q: What account size are you trading with now, and how much have you earned?
A: I’m currently trading with a $30,000 account, which started with a $7,500 deposit. I’ve earned two payments: $375 and $750.

Q: What was it like trading with a $240k account?
A: I had the chance to trade with a $240k demo account, but I couldn’t adapt to the smaller 5% daily drawdown. Psychologically, a $12K drawdown seemed small with such a large account, but I ended up violating the conditions and was removed from the program.

The Funded Account Experience

Q: Can you describe your journey with Audacity Capital’s funded account? How was it different from your personal account?
A: When I first started, I had doubts about receiving payment for profits. However, once I received profits for the second stage, my optimism grew, and I felt immense gratitude for the opportunity to earn substantial returns. In the beginning, I struggled with the smaller drawdowns but quickly adjusted by treating my real deposit as a fraction of the account size—my working daily drawdown is now limited to 3-5%. I also adopted intraday trading, focusing on daily option levels.

Q: What did you like most about the program, and how has it impacted your trading?
A: The best part of the program is the account scaling—doubling the account size as you progress. It’s motivating to see the potential growth. Additionally, the Ability Challenge program doesn’t require you to wait for 10% profit to receive your real account. It changed my approach by making me focus on consistent, smaller returns rather than large trends. Now, I aim for steady profits rather than waiting for big market movements.

The Prop Trading Advantage

Q: How is trading with a prop-funded account different from trading on your personal account? Would you recommend prop firms to others?
A: With my personal account, I used to chase big trends, and the drawdowns were larger, but the account size allowed me to take bigger risks. Trading with a prop account is less risky, and I now focus on short-term trades. It’s more profitable to earn 2.5% per month through scaling than to aim for 20-30% monthly returns without it. I would recommend prop trading after at least one year of experience.

Q: What advice would you give to new or struggling traders considering the Funded Trader Program?
A: Stick to money management rules, trade according to your strategy, and always set stop-losses before entering any trades.

Final Thoughts

Q: Do you have any feedback on the Funded Trader Program that could improve it?
A: As of now, everything seems great with the program.

Q: Any final words for the trading community?
A: I want to thank Audacity Capital for the incredible opportunity and support. Keep learning and keep pushing forward!

Kadyrbek Ibraimov’s trading journey exemplifies the power of persistence, learning, and adapting to new environments. His experiences with Audacity Capital’s Funded Trader Program have not only enhanced his trading skills but also shaped his approach to risk management and account scaling. For traders considering the path of prop trading, Kadyrbek’s story offers valuable lessons in consistency, strategy, and the importance of realistic expectations. His advice is simple yet profound: Stick to your strategy, manage your risk, and keep learning. Trading is a marathon, not a sprint, and with the right mindset, it can be a rewarding journey.