Henoc's Trading Journey

Overview

This article summarizes an in-depth interview with Huk, a trader who recently achieved his first profit target on a $15,000 funded trading account through a proprietary trading program.

Huk shares his journey from early struggles in binary options to developing a disciplined Forex trading approach based on price action and Fibonacci analysis. His story highlights the importance of patience, emotional control, and structured risk management in achieving long-term success in funded trading.

Background and Trading Journey

Huk began trading in early 2019, initially entering the markets through binary options.

Key stages of his journey include:

• Started with binary options and realized it resembled gambling
• Transitioned to Forex after learning through YouTube
• Began trading alongside his career as a personal trainer and boxer
• Developed discipline through sports, shaping his trading mindset
• Focused on probability, consistency, and long-term improvement

Trading remains a secondary activity for Huk, with plans to move into full-time trading in the future.

Trading Strategy

Market Analysis Approach

Huk follows a structured top-down analysis process:

• Weekly chart: Overall market direction
• Daily chart: Trend context
• 4H and 1H charts: Setup development
• 15M and 5M charts: Entry execution

This approach aligns short-term trades with higher-timeframe trends.

Core Strategy Components

His strategy is built around:

• Support and resistance levels
• Psychological round numbers
• Price action confirmation
• Market structure analysis

He waits for strong technical confluence before entering trades.

Fibonacci Usage

Huk uses Fibonacci tools extensively:

• Retracement levels: 0.50, 0.61, 0.618
• Extension levels: Profit targets

These help identify reaction zones and manage exits.

Trade Duration

• Mostly intraday trades (a few hours)
• Occasional short swing trades (less than one day)
• Avoids long-term positions

Entry Confirmation

Before entering trades, Huk looks for:

• Rejection wicks
• Indecision candles
• Strong momentum bars
• Clear price reactions

Patience and confirmation are central to his execution.

Strategy Evolution and Emotional Control

Early Challenges

In his early years, Huk:

• Traded on 1–3 minute charts
• Focused on scalping
• Experienced emotional stress
• Took impulsive entries

This led to inconsistent results and losses.

Transition to Discipline

Over time, he:

• Shifted to higher timeframes
• Focused on quality over quantity
• Reduced trade frequency
• Improved emotional stability

He now trades with a clear, structured plan.

Risk Management

Setup Grading System

Huk classifies setups by quality:

• A+ / A setups: Up to 2% risk
• Lower-quality setups: 1% or less
• Weak setups: Skipped

This improves consistency.

Risk Philosophy

His principles include:

• Avoid over-risking small accounts
• Focus on capital preservation
• Eliminate low-probability trades
• Maintain long-term discipline

He considers risk management more important than strategy.

Prop Trading Experience

Early Prop Firm Experience

Before achieving consistency, Huk:

• Traded with personal funds
• Worked with multiple firms
• Blew accounts through emotional risk-taking
• Experienced unstable performance

Current Program Benefits

His current funded program offers:

• Fixed lot size structure
• No time pressure
• Clear risk framework

Key benefits include:

• Focus on pips instead of money
• Reduced emotional attachment
• Skill-based evaluation
• Greater patience

This structure improved his mindset.

Preferred Currency Pairs

Huk focuses on major pairs with moderate volatility:

• GBP/USD (GU)
• EUR/USD (EU)
• GBP/JPY (GJ)
• GBP/AUD (GA)

He prefers these pairs because they:

• Allow wider stops
• Reduce premature stop-outs
• Provide cleaner price action

Highly volatile pairs are avoided unless conditions are ideal.

Key Insights and Recommendations

Core Principles

Huk emphasizes:

• Discipline over speed
• Patience over frequency
• Quality over quantity
• Process over profits

Advice for New Traders

His guidance includes:

• Start with small capital
• Build discipline first
• Avoid rushing challenges
• Test strategies thoroughly
• Accept slow progress
• Respect learning stages

He stresses that long-term success requires respecting the process.

Timeline of Key Events

Summary of Core Concepts

Conclusion

Huk’s trading journey reflects the transformation from emotional, short-term speculation to disciplined, process-driven trading.

By specializing in price action and Fibonacci analysis, adopting structured risk management, and embracing patience, he has built a sustainable approach to funded trading.

His experience shows that success in prop trading does not come from rushing challenges or chasing profits. It comes from discipline, continuous learning, and respect for the trading process.

For aspiring funded traders, Huk’s story offers a practical roadmap for building consistency, confidence, and long-term profitability.