Ravshan's Trading Journey
Trader Snapshot
Ravshan's Trading Journey
Summary
This video features an interview with Ravshan, a trader who recently achieved his first 10% profit target on a funded trading account with Audacity Capital. Following this success, his account size was doubled to $30,000, placing him in the second funding stage. Ravshan shares insights into his trading journey, strategy, mindset, and experience with the funding program.
Timeline of Key Events
Timeframe | Event |
|---|---|
~1 year ago | Ravshan began trading, introduced by a friend |
First 6 months | Experienced multiple losses and margin calls |
After 6 months | Persisted with trading, analyzing mistakes and improving |
Recent | Hit first 10% profit target on funded account, account doubled to $30,000 |
Near future | Plans to hit next profit target and scale account to $60,000 |
Key Insights and Core Concepts
- Trading Journey and Persistence:
- Ravshan started trading about one year ago, initially learning basics from a friend but then self-studying and practicing extensively.
- Early months were marked by losses and margin calls, common in the learning phase.
- He took short breaks after losses but emphasized resilience and never giving up as critical to progress.
- He highlighted the importance of learning from mistakes, specifically analyzing why stop losses or drawdowns occurred.
- Trading Strategy and Methods:
- Uses a combination of scalping and day trading, with occasional swing trades when market conditions appear favorable.
- Focuses on market structure and key price levels, identifying strong resistance and support points to decide buy/sell entries.
- Employs a top-down analysis approach:
- Analyzes daily, 4-hour, and 1-hour charts for context.
- Uses 5-minute charts for precise trade entries.
- Applies technical indicators such as the 13 and 49 moving averages to assist decision-making.
- Prefers trading a limited number of currency pairs, primarily:
- GBP/USD (Pound/Dollar)
- EUR/USD (Euro/Dollar)
- Avoids gold trading on smaller accounts but acknowledges it as a favorite on larger accounts.
- Risk Management and Trading Environment:
- Praises Audacity Capitalâs funding program for:
- Spread-free trading and no commissions, which suits his trading style and personal faith (Islamic swap-free trading).
- Clear risk management rules such as defined lot sizes (e.g., 0.5 lots for 15K,1lotfor15K,1lotfor30K account).
- Leverage and drawdown limits that prevent excessive risk-taking.
- Advises against trading during highly volatile news events (e.g., significant economic releases on Fridays or start of the month) due to the increased risk of large drawdowns.
- Mindset and Psychological Approach:
- Emphasizes that mindset is paramount, even more than strategy or analysis.
- Traders must be psychologically prepared for both winning and losing trades.
- Suggests an approximate 70% mindset, 15% analysis, and 15% knowledge balance for trading success.
- Recommends traders take breaks (e.g., 3 weeks to 1 month) after hitting drawdown limits to reset mentally and emotionally.
- Stresses that accepting losses and managing emotional responses to them is a crucial skill for consistent profitability.
Quantitative Data: Trading Parameters and Account Details
Account Size | Lot Size Allowed | Spread/Commission | Notes |
|---|---|---|---|
$15,000 | 0.5 lots | Spread-free | Risk management enforced |
$30,000 | 1 lot | Spread-free | Current funded account size |
$110,000 (planned) | Not specified | Not specified | Larger account size enabling gold trade |
Conclusions
- Resilience and continuous learning from mistakes are the foundation of Ravshanâs trading success.
- A focused trading approach on a few currency pairs with clear risk management reduces overtrading and drawdown risk.
- Audacity Capitalâs funding program, with its spread-free trading and risk controls, aligns well with Ravshanâs strategy and values.
- Psychological preparedness and accepting the reality of losses are essential for sustainable trading performance.
- Ravshanâs journey exemplifies how discipline, structured learning, and mindset can lead to rapid progress even within a year of active trading.
Keywords
- Funded trading account
- Profit target
- Scalping
- Day trading
- Swing trading
- Market structure
- Risk management
- Resilience
- Mindset
- Drawdown
- Spread-free trading
- Top-down analysis
Final Advice from Ravshan to Traders
- Never give up; persistence is key.
- Always analyze your mistakes to understand why losses occur.
- Be psychologically ready for both wins and losses; mindset is the biggest part of trading success.
- Take breaks when needed to reset your mental state, especially after hitting drawdown limits.
- Focus on risk management over trying to predict the market perfectly.
This practical advice reinforces that trading success depends not only on strategy but also on attitude and disciplined risk control.
Certification
Choose The Best Plan
Designed to reduce stress by removing deadlines đ Unlimited trading period for Challenge, Verification and Live stages.
1st and 2nd Steps:
You only need to trade on 4 different days. A trading day is defined as a day when at least one position is opened.
Live account:
No minimum trading days
The Daily Drawdown resets every day at midnight (MT5 server time â GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the accountâs balance or equity at rollover, whichever is higher.
Your equity cannot fall by more than 7.5% (5% for the 2nd step and live stage) in a single trading day. Once the day resets, a new limit is set based on your updated balance or equity, following a static-based model.
Example:
Account balance at rollover: $120,000
Daily Drawdown (7.5%) â $9,000 â Equity must not fall below $111,000 that day.
If equity or the balance rises to $130,000 by the next rollover, the new daily drawdown will be $9,750 (7.5% of 130,000).
The Absolute Drawdown (Maximum Drawdown) is 15% (or 10% for the 2nd step and live stage) of the initial account balance and remains fixed throughout the challenge.
If either the daily or absolute drawdown is breached, the account will be terminated.
Example: Account balance: $120,000
Absolute Drawdown (15%) â $18,000 â The account will be closed if equity drops below $102,000.
The profit target is 10% on the Challenge stage and 5% on the Verification stage. Achieving these targets while following the rules will qualify you for a Live account
Profit sharing starts at 75%, you can reach up to 90% with consistent performances in line with our scaling plan.
Once on Live stage, traders can request withdrawals biweekly (every 14 days). After the request is approved, traders will receive the profit share in their wallet on the same day.
Once traders earn a payout, they'll be eligible for a Reward Bonus equal to the initial registration fee. This will be included with the first payout from the Ability Live.
Not anymore
You may hold trades over the weekend and trade during news events. Simply avoid opening, closing or adding to positions within 3 minutes before or after any high impact news release or speech, as that can be identified as excessive risk.
EAs are allowed if they follow our prohibited-strategy rules and are not sourced from third-party signals. Please see our prohibited trading practices here.
Copy trading is allowed between your own accounts within Audacity Capital. Copying from an external account is allowed only if the account belongs to you. Third-party copying is not permitted.
Select Program:
Select Account Size
phase 1
Max Drawdown
$750
Based on Initial Balance
Total Loss 15%
Daily loss: 7.5%
Profit Target
$500
Based on Balance
Target : 10%
phase 2
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
$250
Based on Balance
Target : 5%
live
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
More than 10%
Less than 10%
Challenge
Designed to reduce stress by removing deadlines đ Unlimited trading period for Challenge, Verification and Live stages.
1st and 2nd Steps:
You only need to trade on 4 different days. A trading day is defined as a day when at least one position is opened.
Live account:
No minimum trading days
The Daily Drawdown resets every day at midnight (MT5 server time â GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the accountâs balance or equity at rollover, whichever is higher.
Your equity cannot fall by more than 7.5% (5% for the 2nd step and live stage) in a single trading day. Once the day resets, a new limit is set based on your updated balance or equity, following a static-based model.
Example:
Account balance at rollover: $120,000
Daily Drawdown (7.5%) â $9,000 â Equity must not fall below $111,000 that day.
If equity or the balance rises to $130,000 by the next rollover, the new daily drawdown will be $9,750 (7.5% of 130,000).
The Absolute Drawdown (Maximum Drawdown) is 15% (or 10% for the 2nd step and live stage) of the initial account balance and remains fixed throughout the challenge.
If either the daily or absolute drawdown is breached, the account will be terminated.
Example: Account balance: $120,000
Absolute Drawdown (15%) â $18,000 â The account will be closed if equity drops below $102,000.
The profit target is 10% on the Challenge stage and 5% on the Verification stage. Achieving these targets while following the rules will qualify you for a Live account
Profit sharing starts at 75%, you can reach up to 90% with consistent performances in line with our scaling plan.
Once on Live stage, traders can request withdrawals biweekly (every 14 days). After the request is approved, traders will receive the profit share in their wallet on the same day.
Once traders earn a payout, they'll be eligible for a Reward Bonus equal to the initial registration fee. This will be included with the first payout from the Ability Live.
Not anymore
You may hold trades over the weekend and trade during news events. Simply avoid opening, closing or adding to positions within 3 minutes before or after any high impact news release or speech, as that can be identified as excessive risk.
EAs are allowed if they follow our prohibited-strategy rules and are not sourced from third-party signals. Please see our prohibited trading practices here.
Copy trading is allowed between your own accounts within Audacity Capital. Copying from an external account is allowed only if the account belongs to you. Third-party copying is not permitted.
Select Program:
Select Account Size
phase 1
Max Drawdown
$750
Based on Initial Balance
Total Loss 15%
Daily loss: 7.5%
Profit Target
$500
Based on Balance
Target : 10%
phase 2
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
$250
Based on Balance
Target : 5%
live
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
More than 10%
Less than 10%
Designed to reduce stress by removing deadlines đ Unlimited trading period for Challenge, Verification and Live stages.
1st and 2nd Steps:
You only need to trade on 4 different days. A trading day is defined as a day when at least one position is opened.
Live account:
No minimum trading days
The Daily Drawdown resets every day at midnight (MT5 server time â GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the accountâs balance or equity at rollover, whichever is higher.
Your equity cannot fall by more than 7.5% (5% for the 2nd step and live stage) in a single trading day. Once the day resets, a new limit is set based on your updated balance or equity, following a static-based model.
Example:
Account balance at rollover: $120,000
Daily Drawdown (7.5%) â $9,000 â Equity must not fall below $111,000 that day.
If equity or the balance rises to $130,000 by the next rollover, the new daily drawdown will be $9,750 (7.5% of 130,000).
The Absolute Drawdown (Maximum Drawdown) is 15% (or 10% for the 2nd step and live stage) of the initial account balance and remains fixed throughout the challenge.
If either the daily or absolute drawdown is breached, the account will be terminated.
Example: Account balance: $120,000
Absolute Drawdown (15%) â $18,000 â The account will be closed if equity drops below $102,000.
The profit target is 10% on the Challenge stage and 5% on the Verification stage. Achieving these targets while following the rules will qualify you for a Live account
Profit sharing starts at 75%, you can reach up to 90% with consistent performances in line with our scaling plan.
Once on Live stage, traders can request withdrawals biweekly (every 14 days). After the request is approved, traders will receive the profit share in their wallet on the same day.
Once traders earn a payout, they'll be eligible for a Reward Bonus equal to the initial registration fee. This will be included with the first payout from the Ability Live.
Not anymore
You may hold trades over the weekend and trade during news events. Simply avoid opening, closing or adding to positions within 3 minutes before or after any high impact news release or speech, as that can be identified as excessive risk.
EAs are allowed if they follow our prohibited-strategy rules and are not sourced from third-party signals. Please see our prohibited trading practices here.
Copy trading is allowed between your own accounts within Audacity Capital. Copying from an external account is allowed only if the account belongs to you. Third-party copying is not permitted.
Select Program:
Select Account Size
phase 1
Max Drawdown
$750
Based on Initial Balance
Total Loss 15%
Daily loss: 7.5%
Profit Target
$500
Based on Balance
Target : 10%
phase 2
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
$250
Based on Balance
Target : 5%
live
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
More than 10%
Less than 10%
Designed to reduce stress by removing deadlines đ Unlimited trading period for Challenge, Verification and Live stages.
1st and 2nd Steps:
You only need to trade on 4 different days. A trading day is defined as a day when at least one position is opened.
Live account:
No minimum trading days
The Daily Drawdown resets every day at midnight (MT5 server time â GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the accountâs balance or equity at rollover, whichever is higher.
Your equity cannot fall by more than 7.5% (5% for the 2nd step and live stage) in a single trading day. Once the day resets, a new limit is set based on your updated balance or equity, following a static-based model.
Example:
Account balance at rollover: $120,000
Daily Drawdown (7.5%) â $9,000 â Equity must not fall below $111,000 that day.
If equity or the balance rises to $130,000 by the next rollover, the new daily drawdown will be $9,750 (7.5% of 130,000).
The Absolute Drawdown (Maximum Drawdown) is 15% (or 10% for the 2nd step and live stage) of the initial account balance and remains fixed throughout the challenge.
If either the daily or absolute drawdown is breached, the account will be terminated.
Example: Account balance: $120,000
Absolute Drawdown (15%) â $18,000 â The account will be closed if equity drops below $102,000.
The profit target is 10% on the Challenge stage and 5% on the Verification stage. Achieving these targets while following the rules will qualify you for a Live account
Profit sharing starts at 75%, you can reach up to 90% with consistent performances in line with our scaling plan.
Once on Live stage, traders can request withdrawals biweekly (every 14 days). After the request is approved, traders will receive the profit share in their wallet on the same day.
Once traders earn a payout, they'll be eligible for a Reward Bonus equal to the initial registration fee. This will be included with the first payout from the Ability Live.
Not anymore
You may hold trades over the weekend and trade during news events. Simply avoid opening, closing or adding to positions within 3 minutes before or after any high impact news release or speech, as that can be identified as excessive risk.
EAs are allowed if they follow our prohibited-strategy rules and are not sourced from third-party signals. Please see our prohibited trading practices here.
Copy trading is allowed between your own accounts within Audacity Capital. Copying from an external account is allowed only if the account belongs to you. Third-party copying is not permitted.
Select Program:
Select Account Size
phase 1
Max Drawdown
$750
Based on Initial Balance
Total Loss 15%
Daily loss: 7.5%
Profit Target
$500
Based on Balance
Target : 10%
phase 2
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
$250
Based on Balance
Target : 5%
live
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
More than 10%
Less than 10%
Related Success Stories
12 Years of Experience, Discipline & Progression with Audacity Capital
I had to do it the right way, and that meant focusing on consistency and controlling my emotions.
Brianâs Journey From Emotional Trading to Funded Success
Focus on one asset, master it, then diversify.
How Florida Turned 15 Years of Experience Into Scalable Results
Discipline and patience are the key to becoming a successful trader.