Josh's Trading Journey

Overview

Josh, a Forex trader from Cameroon, shares his extensive trading journey, emphasizing patience, learning, and the value of mentorship. With nearly seven years of experience, he transitioned from struggling with blown accounts and personal fund losses to achieving consistency and success through funded trading programs.

His story reflects how discipline, structured learning, and emotional control can transform a struggling trader into a professional funded trader.

Timeline of Josh’s Trading Journey

Key Insights and Experiences

Early Challenges

• Initially underestimated the difficulty of trading
• Relied mainly on theory without practical discipline
• Experienced multiple account blowouts
• Lost significant personal funds due to poor risk control

Introduction to Prop Firms

• Discovered prop firms after years of personal losses
• Faced challenges with fees and leverage limits
• Learned that funded accounts require stronger discipline

Transition to Full-Time Trading

• Became a full-time trader after achieving consistency
• Benefited from structured rules and scalable capital
• Appreciated the absence of monthly fees

Trading Style

• Focuses on scalping and intraday setups
• Trades mainly on 5–15 minute timeframes
• Primarily trades gold and selected Forex pairs
• Applies ICT methodology (market structure, liquidity, imbalances)
• Uses position stacking for controlled scaling

Risk Management

• Avoids fixed lot sizing
• Uses dynamic risk management
• Caps risk at around 2% per trade
• Maintains daily drawdown around 5%
• Manages stops manually using chart structure

Funded Account Features

• No monthly subscription fees
• Higher leverage for scalping strategies
• Frequent profit withdrawals (every 1–2 weeks)
• Account scaling up to $2 million

Market Outlook on Gold

• Bullish on gold with expectations of new highs
• Monitors correlation with the U.S. Dollar Index (DXY)
• Combines technical and fundamental analysis
• Recognizes gold’s role as a safe-haven asset

Recommendations for Beginner Traders

Patience and Long-Term Thinking

• Trading success takes years, not months
• Avoid expecting quick results

Seek Quality Mentorship

• Do not rely only on free online content
• Invest in structured coaching

Start Small

• Use capital you can afford to lose
• Build experience before scaling

Use Funded Programs Wisely

• Reduce personal financial risk
• Access larger capital safely

Manage Risk Prudently

• Control exposure dynamically
• Respect drawdown limits
• Avoid emotional over-risking

Avoid Overtrading

• Trade only high-quality setups
• Protect capital during losing periods

Comparison of Trading Approaches and Key Elements

Key Lessons From Josh’s Journey

• Discipline matters more than talent
• Consistency beats aggressive trading
• Risk management determines longevity
• Emotional control is critical
• Mentorship accelerates growth
• Prop firms can enable career development

Conclusion

Josh’s journey demonstrates that trading success is built through perseverance, structured learning, and disciplined risk management. His transition from repeated failures to consistent profitability shows that setbacks are part of the learning process when handled correctly.

Through funded trading programs like Audacity Capital, Josh gained access to capital, structure, and professional standards that helped him refine his skills and mindset.

His story offers valuable guidance for aspiring traders, highlighting patience, mentorship, and responsible risk management as the foundation for long-term success in Forex and funded trading.