Igor's Trading Journey

Overview

This article summarizes an in-depth interview with Igor, a Brazilian trader with 12 years of trading experience, who recently achieved a major milestone by hitting the profit target on his funded account with Audacity Capital.

Igor shares his long-term trading journey, intraday trading approach, lessons from early mistakes, and valuable insights into trading psychology, risk management, and the realities of professional trading.

Trading Background and Evolution

Igor began learning trading around 2014, starting with small personal capital.

After experiencing early losses, he:

• Stepped back from live trading
• Practiced extensively on demo accounts

He discovered proprietary trading firms approximately four years ago.

In 2022, he earned nearly $10,000 from another prop firm but stopped trading with them due to trust concerns.

Recently, he resumed trading with both personal funds and funded accounts, feeling more confident after years of experience.

Funded Trader Program Experience with Audacity Capital

Account Progression

• Initial funded account: $15,000
• Time to hit target: ~2 months
• Current account: $30,000
• Progress: ~80% toward next target

Program Feedback

Igor reports an overall positive experience with Audacity Capital.

He notes that:

• The transition from target completion to account scaling takes about five days
• The delay helps traders mentally reset
• It reduces the risk of overtrading after a major win

Although he prefers faster scaling, he acknowledges the psychological benefits of this process.

Trading Strategy and Approach

Trading Style

Igor is a strict intraday trader. All positions are closed before the end of the trading day.

He trades mainly during:

• London session (from ~8:00 AM London time)
• Early New York session (until ~3–4 PM London time)

Tools and Indicators

He uses a simple 21-period moving average as his primary indicator.

His analysis focuses on:

• Market direction
• Trend changes
• Pullbacks within strong trends

Trade Execution

Igor typically enters two trades per day:

• One buy
• One sell

Entry decisions are based on:

• Market direction shifts
• Pullbacks after strong moves
• Confirmation using the moving average

Markets Traded

Preferred pairs include:

• GBP/JPY
• EUR/JPY
• Occasionally GBP/CHF

He avoids most USD pairs due to excessive volatility and market noise.

Risk Management

Igor follows a conservative risk approach:

• Uses tight stop losses
• Avoids holding trades overnight
• Limits exposure to price gaps and overnight volatility

He prioritizes consistency and capital preservation over aggressive position sizing.

Trading Psychology and Key Lessons

Psychology

Igor believes psychology remains the hardest part of trading, even after 12 years.

He emphasizes:

• Staying calm during losing days
• Avoiding emotional decisions
• Taking breaks when mentally stressed

Early Mistakes

Early in his career, Igor:

• Borrowed money from a bank to trade
• Used high-risk strategies such as martingale
• Suffered major losses

He strongly warns against:

• Trading with borrowed money
• Using aggressive money management systems

Learning and Development

Igor is mostly self-taught through:

• Books
• Online videos
• Trading forums and resources

He briefly worked with a paid mentor for 3–4 months.

He continues to:

• Study markets
• Backtest strategies
• Refine trade execution

Advice for New Traders

Igor’s key advice includes:

• Start with demo accounts before trading real money
• Never risk money you cannot afford to lose
• Use prop firms instead of personal savings
• Be cautious when selecting prop firms
• Avoid unreliable or non-paying firms
• Understand that trading requires patience and discipline
• Do not view trading as a shortcut to wealth

Timeline of Key Events

Quantitative Summary

Key Takeaways

• Consistency and discipline drive long-term success
• Psychology remains a major challenge at all levels
• Strong risk management outperforms aggressive strategies
• Prop firms provide valuable capital access
• Careful firm selection is essential
• Audacity Capital supports structured scaling and psychological stability

Conclusion

Igor’s journey highlights the realities of professional trading. His success is built on education, patience, discipline, and psychological resilience.

Through Audacity Capital’s funded trader program, he demonstrates how structured capital, combined with sound risk management and emotional control, enables sustainable growth.

His experience offers valuable guidance for traders at all stages, especially those seeking consistent, full-time trading success through funded programs.