Dhrumil's Trading Journey

Overview

This article summarizes an interview with Dhrumil, a Sydney-based trader who recently achieved major milestones in the Funded Trader Program. He successfully hit profit targets on a $15,000 account and scaled it to $30,000 within a short period.

Dhrumil shares insights into his trading journey, session preferences, strategy development, risk management, and advice for new traders. His story highlights how discipline, patience, and simplicity can lead to consistent profitability in funded trading.

Timeline of Key Events

Trading Style and Market Approach

Trading Sessions

Dhrumil focuses on high-liquidity sessions:

• US Session: Primary trading window
• UK Session: Secondary option
• Asian Session: Generally avoided

Trading Instruments

He trades multiple markets, including:

• Forex: EUR/USD, GBP/USD, USD/JPY, USD/AUD
• Indices: Dow Jones (US30)
• Commodities: Gold

Trading Style

• 99% intraday trading
• Rarely holds positions overnight
• Holding time: Minutes to hours
• Skips trading days without valid setups

Strategy and Technical Approach

Core Strategy

Dhrumil follows a trend-based, price-action approach:

• Higher timeframes for direction
• Lower timeframes for entries
• Break of structure and liquidity grabs
• “Trend is my friend” principle

Tools and Indicators

He relies mainly on:

• Price action
• Market structure
• Order flow
• MACD (confirmation only)

Trade Execution

• Multiple confirmations required
• Predefined stop loss and take profit
• Accepts losses calmly
• Avoids forced trades

Risk and Money Management

Risk control is central to his success:

• Maximum position size: 5 lots on $15K
• Adds only to winning trades
• Limits additions to 2–3 positions
• Never adds to losing trades
• Strict stop-loss compliance

This structure protects capital and supports steady growth.

Trading Discipline and Best Practices

Rule-Based Trading

Dhrumil enforces strict rules:

• Skips low-quality days
• Follows SL/TP precisely
• Avoids emotional trading

News Management

• Avoids major announcements
• Waits for volatility to settle
• Trades only clean conditions

Simplicity

He focuses on:

• Trend
• Liquidity
• Market structure

Trading Plan Evolution

• Started with printed checklist
• Gradually internalized rules
• Now follows a mental framework

Patience and Emotional Control

• Treats trading as long-term
• Avoids FOMO
• Accepts no-trade days
• “Sometimes the best trade is no trade”

Advice for New Traders

Dhrumil recommends:

• Study markets deeply
• Follow plans strictly
• Accept losing days
• Protect capital
• Avoid boredom trading
• Wait for high-probability setups

Trading Approach Overview

Key Insights

• Discipline drives long-term success
• Simplicity improves execution
• Patience reduces losses
• Risk management protects mindset
• Skipping trades is profitable
• Trend-following works when executed properly

Conclusion

Dhrumil’s success is built on disciplined risk management, strategic simplicity, emotional control, and strong adherence to a structured trading plan. His rapid progression from $15,000 to $30,000 reflects steady execution rather than aggressive risk-taking.

His journey reinforces that trading is a long-term profession, not a shortcut to quick profits. By focusing on patience, preparation, and rule-based execution, Dhrumil sets a strong example for traders seeking consistency in the funded trading environment.