Salar's Trading Journey
Math Graduate Turned Funded Trader — How He Hit His First Target
Trader Snapshot
Name | Salar |
Location | Tehran, Iran |
Experience | Nearly 10 Years |
Trading Status | Part-Time / Funded Trader |
Primary Program | Funded Trading Program (First Account) |
Trading Style | Swing Trading (Technical Analysis-Based) |
Salar's Trading Journey
Overview
This article summarizes an in-depth interview with Salar, a 32-year-old trader from Tehran, Iran, who recently achieved his first profit target with a proprietary trading firm.
Salar holds a master’s degree in mathematics from the University of Tehran and works part-time as an accountant alongside his trading activities. His journey highlights how academic discipline, structured risk management, and technical analysis can support long-term success in funded trading.
Background and Trading Experience
Salar has been actively trading for nearly a decade, beginning with domestic financial markets in Iran before transitioning into Forex.
Key aspects of his background include:
- Started trading in local markets using personal funds
- Entered Forex trading in 2020
- Motivated by his strong mathematical foundation
- Applied analytical thinking to trading systems
- Focused mainly on technical analysis
- Uses limited fundamental news as secondary input
His academic training influenced his structured and data-driven approach to market analysis.
Trading Style and Strategy
Swing Trading Approach
Salar identifies primarily as a swing trader.
His trading style includes:
- Holding positions for several days to one week
- Using predefined stop-loss and take-profit levels
- Avoiding excessive short-term trading
- Focusing on high-quality setups
He initially practiced short-term trading but later transitioned to swing trading due to proprietary firm restrictions and better alignment with his lifestyle.
Technical Strategy Components
Salar’s strategy is based on multiple technical tools, including:
- Parallel channels
- Divergence indicators
- Horizontal support and resistance lines
- Market structure analysis
These tools help him identify trend direction, potential reversals, and high-probability entry zones.
Market Selection
He trades multiple Forex pairs, with a preference for:
- EUR/USD
- GBP/USD
These pairs are favored due to their liquidity and technical reliability.
Risk Management Approach
Risk management is central to Salar’s trading philosophy.
Key principles include:
- Fixed 1% risk per trade
- Strict stop-loss placement
- Avoidance of margin calls
- Capital preservation mindset
- Focus on long-term consistency
Over time, he evolved from minimal risk control to a disciplined, rule-based system.
Experience with Proprietary Trading Firms
This is Salar’s first experience working with a proprietary trading firm.
Benefits of Funded Trading
He values the firm’s structure for:
- Enforced risk limits
- Clear trading rules
- Prevention of overtrading
- Performance accountability
These factors helped him develop stronger discipline.
Start Your Funded Trading Journey
Explore Our Funded Trader ProgramLearning and Development
Salar improved his mindset and execution through:
- Educational resources
- Technical analysis courses
- Studying Trading in the Zone by Mark Douglas
- Reviewing past mistakes
Despite early losses and margin calls, he adapted and gradually improved his consistency.
Performance Growth
Through disciplined execution, he:
- Reduced emotional trading
- Improved trade selection
- Stabilized account performance
- Successfully hit his first profit target
He credits this progress to structured rules and continuous learning.
Key Insights and Lessons Learned
Salar’s journey highlights several important lessons:
- Transitioning to funded accounts improves discipline
- Risk management is more important than strategy alone
- Emotional control develops through experience
- Losses are part of professional growth
- Academic skills can support technical trading
- Structured environments promote long-term success
He views setbacks as learning opportunities rather than failures.
Timeline of Salar’s Trading Journey
Period | Event / Experience |
2013–2020 | Traded domestic Iranian markets |
2020 | Began Forex trading |
2020–Present | Developed technical strategies |
Recent | Joined proprietary trading firm |
Present | Achieved first funded profit target |
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Aspect | Details |
Trading Market | Forex (EUR/USD, GBP/USD, others) |
Trading Style | |
Holding Period | Up to one week |
Risk Management | 1% per trade |
Strategy Tools | Channels, divergence, S/R, structure |
Learning Resources | Courses, Trading in the Zone |
Funding Experience | First funded account |
Conclusion
Salar’s journey demonstrates how a strong analytical background, disciplined risk management, and structured trading systems can support success in funded trading environments.
By combining mathematical thinking with technical analysis and strict capital protection, he successfully transitioned from personal trading to professional funded trading.
His experience highlights the importance of patience, education, and rule-based execution. For aspiring traders, Salar’s story serves as a practical example of how consistency and discipline can lead to sustainable profitability in proprietary trading programs.
Certification
Certification
Certification
Certification
Choose The Best Plan
Designed to reduce stress by removing deadlines 👍 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 – GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the account’s 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%) → $9,000 → 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%) → $18,000 → 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 👍 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 – GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the account’s 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%) → $9,000 → 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%) → $18,000 → 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 👍 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 – GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the account’s 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%) → $9,000 → 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%) → $18,000 → 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 👍 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 – GMT+2 / GMT+3 depending on Daylight Saving Time).
It is calculated as 7.5% (5% for Verification and live stage) of the account’s 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%) → $9,000 → 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%) → $18,000 → 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%
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