Haran's Trading Journey

Summary

This video features an interview with Haran, a trader who recently achieved his first 10% profit target on a funded trading account with Audacity Capital. Haran shares insights into his trading journey, strategies, mindset shifts, and the importance of self-care in trading success.

Key Points and Timeline of Trading Journey

Haran’s Trading Background and Setup

• Traded for approximately 1.5 years.
• Started with ES Futures, growing his personal account significantly.
• Transitioned to Forex trading via a funded account with Audacity Capital.
• Manages trading part-time while studying Computer Science at Coventry University.
• Appreciates Audacity Capital’s 10% drawdown limit and funding up to $500,000, providing strong motivation.

Psychological and Lifestyle Changes Impacting Trading Performance

• Haran faced psychological challenges and “dark moments” when losses accumulated.
• Advice from peers and personal practices such as yoga, meditation, and temple visits helped restore his mindset.
• Made significant lifestyle adjustments:
• • Improved sleep hygiene (avoiding late nights and early mornings).
  • Adopted healthier eating habits, reducing junk food.
  • Incorporated regular exercise.
• These changes led to clearer focus and better trading performance.
• Emphasizes the importance of self-care for mental clarity and discipline in trading.
• Advocates for a dopamine detox by reducing social media usage to improve attention and mental health.

Trading Strategy Evolution

• Initially used a 21 EMA pullback strategy for Futures.
• Recently shifted to an approach inspired by the ICT (Inner Circle Trader) method, focusing on:
• • Market liquidity and how institutional algorithms manipulate price.
  • The concept of market inefficiencies and fair value gaps that markets revisit and correct.
  • Importance of time zones (London Kill Zone, New York Kill Zone, Asian range) in market behavior.
  • Recognizing stop-loss hunting and liquidity grabs where markets trap retail traders.
• This institutional-focused strategy allows for a higher win rate and better precision than traditional indicators like RSI or EMA.
• Key tactical changes include:
• • Cutting losses quickly without hoping for reversals.
  • Adding to winning trades to maximize profit and improve risk-to-reward ratio.

Experience with Audacity Capital Funding Program

• Haran praises the program for its:
• • High capital levels (up to $500,000).
  • Reasonable risk parameters (10% drawdown).
  • Efficient withdrawal process, typically completed within a few days.
• Compared to other prop firms (e.g., Topstep), Audacity Capital offers higher funding limits and more flexible risk rules.
• Haran views the funded account as an excellent opportunity for traders balancing other commitments, such as university studies.
• He encourages others to consider prop trading as a side hustle with serious financial potential.

Are You Looking For A Funded Trader Program?

Funded Trader Program

Are You Looking For A Funded Trader Program?

Funded Trader Program

Key Advice from Haran to Struggling Traders

• Fix your daily routine: prioritize sleep, nutrition, and exercise.
• Incorporate meditation or mindfulness to improve psychological resilience.
• Reduce distractions by performing a dopamine detox (limit social media and unrelated screen time).
• Practice disciplined trade management:
• • Cut losses quickly.
  • Hold on to and add to winning trades to maximize profits.
• Haran asserts these two trading principles (loss cutting and winner maximizing) combined with self-care will take traders far.

Core Concepts and Keywords

Conclusion

Haran’s journey highlights the critical role of psychological well-being and disciplined lifestyle choices in achieving sustained trading success. His transition from traditional strategies to an institutional-focused method underlines the importance of understanding market mechanics beyond standard indicators. The experience with Audacity Capital’s funding program demonstrates the viability of prop trading as a side activity for motivated individuals. Haran’s advice stresses that success in trading is as much about self-mastery and routine as it is about technical skill.

This interview offers valuable insights for both novice and experienced traders, especially those struggling with consistency and mental challenges.

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