Monir's Trading Journey

Overview

This article summarizes an in-depth interview with an experienced funded trader who shares insights into his trading journey, strategy development, and experience with the Audacity Capital Trading Challenge.

Starting with little market knowledge, Monir gradually built his skills through self-study and disciplined practice. Over time, he developed a reliable intraday strategy based on zigzag patterns and volume analysis.

His story highlights the importance of emotional control, strict risk management, and adherence to trading rules in successfully passing funded challenges and managing live accounts.

Trading Background

Early Learning Phase

Monir began trading approximately three to four years ago with limited market knowledge. His early learning process involved:

• Watching YouTube tutorials
• Studying trading materials independently
• Practicing through trial and error

This self-guided approach helped him build foundational skills over time.

Strategy Development

Over the last two years, he refined his approach and adopted a structured strategy based on:

• Zigzag pattern analysis
• Market volume confirmation
• Liquidity-based entries

He avoids trading in low-volume conditions and waits for clear market participation before entering positions.

Most of his analysis is conducted on the 5-minute timeframe, supporting precise intraday entries.

Market Awareness

His trading decisions are influenced by broader market factors such as:

• Political developments
• Central bank policies
• Major economic events

This awareness helps him avoid trading during uncertain or unstable conditions.

Experience with the Audacity Capital Trading Challenge

Entry into the Program

Monir learned about the Audacity Capital Challenge through:

• YouTube content
• Peer recommendations

He joined the program to prove his skills and gain access to funded capital.

Challenge Structure

The challenge requires traders to demonstrate:

• Consistent profitability
• Strong emotional discipline
• Respect for risk limits

He notes that many traders fail due to psychological pressure rather than technical weaknesses.

Risk Management Practices

To succeed in the challenge, Monir follows strict rules:

• Trades with small lot sizes
• Performs detailed pre-trade analysis
• Uses stop-loss orders on every trade
• Avoids overexposure

These practices protect capital and support long-term consistency.

Current Account Status

He currently manages a funded account valued at approximately 120,000 units (currency unspecified).

Benefits and Support from Audacity Capital

Customer Support

Monir highlights the quality of customer service, including:

• Fast responses via email and WhatsApp
• Clear communication
• Professional assistance

Transparent Rules

He appreciates:

• Well-defined trading rules
• Fair evaluation criteria
• Transparent payout structures

Risk Parameters

The program offers favorable risk limits:

• Daily drawdown limit: 7.5%
• Overall drawdown limit: 10%

These parameters help traders manage risk while maintaining flexibility.

Motivation and Confidence

Clear rules and reliable payments motivate him to remain disciplined and committed to the process.

Advice for Aspiring Traders

Monir offers practical guidance for beginners and challenge participants.

Start Despite Failures

• Initial failures are part of the learning process
• Persistence leads to improvement

Respect Trading Rules

• Never ignore drawdown limits
• Follow position-sizing guidelines
• Use stop losses consistently

Choose Account Size Wisely

He recommends starting with a larger account when possible, as it provides:

• Higher daily drawdown allowance
• More flexibility in trade management

Focus on Education

• Continue learning through courses and training
• Review past trades regularly
• Improve technical and psychological skills

Maintain Emotional Discipline

Avoid trading when feeling:

• Stressed
• Anxious
• Emotionally unstable

Emotional stability is critical for consistent results.

Timeline of Trading Journey

Quantitative Performance Summary

Core Trading Concepts

Key Insights

• Discipline matters more than strategy alone
• Emotional control determines long-term success
• Volume-based trading improves trade quality
• Rule compliance protects capital
• Transparent prop firms boost trader confidence
• Continuous learning sustains growth

Conclusion

Monir’s journey demonstrates that funded trading success is built on patience, discipline, and emotional stability. From self-learning through online resources to managing a six-figure funded account, his progress reflects the power of structured risk management and consistent execution.

The strong support system and transparent framework of Audacity Capital have played a vital role in his development. His experience shows that persistence, rule compliance, and ongoing education are essential for achieving long-term profitability in funded trading programs.

For aspiring traders, his story reinforces one key message: success comes from mastering both technical skills and personal discipline.