Victor's Trading Journey
How Victor Became a Funded Trader with Price Action
Trader Snapshot
Name | Victor |
Location | Canada (Originally from Nigeria) |
Experience | 4+ Years (Since 2020) |
Trading Status | Full-Time Funded Trader |
Primary Program | AudaCity Funded Trader Program |
Trading Style | Swing Trading (Price Action & Market Structure) |
Victor's Trading Journey
Overview
This article summarizes an in-depth interview with Victor, a Canada-based student and full-time Forex trader who shares his journey with the AudaCity Funded Trader Program.
Victor emphasizes that trading is a gradual process that requires patience, confidence, and mental resilience. Rather than viewing trading as a shortcut to wealth, he approaches it as a long-term professional skill that develops through experience, discipline, and psychological control.
He discusses his trading evolution, mindset challenges, and experience working with a proprietary trading firm.
Trading Background
Early Trading Years
Victor began trading in 2020 while living in Nigeria, starting with personal funds and trading alongside his cousin. Like most beginners, he experienced:
- Early losses
- Inconsistent results
- Periods of frustration
- Temporary breaks from trading
These early challenges shaped his understanding of risk and discipline.
Relocation and Funded Trading
In January 2023, Victor relocated to Canada. Later, in September 2023, he joined the AudaCity Funded Trader Program and began trading with firm capital.
This marked a major transition from personal trading to professional funded trading.
Current Status
Today, Victor trades full-time through the prop firm platform and actively manages a $30,000 funded account.
Trading Philosophy and Psychology
Long-Term Mindset
Victor strongly believes that trading is not a “get rich quick” activity. He describes it as a process that involves:
- Emotional stress
- Periods of loss
- Self-doubt
- Continuous learning
Success, in his view, comes from persistence rather than shortcuts.
Mental Discipline
He emphasizes the importance of mental readiness before trading. During periods of distraction, such as school projects, Victor chose to step away from the markets to protect his mindset.
He believes trading while mentally unfocused leads to:
- Overtrading
- Chasing losses
- Poor decision-making
Taking breaks has helped him improve long-term performance.
Confidence in Strategy
Victor stresses that confidence in one’s trading system is essential. Without trust in the strategy, traders are more likely to abandon rules and act emotionally.
Patience and belief in the process form the foundation of his approach.
Funded Trader Program Experience
First Funded Account
This is Victor’s first and only funded account. He has remained loyal to the AudaCity program due to its supportive structure.
Customer Support
He praises the firm’s customer service, highlighting:
- Responsive communication
- Flexible account management
- Ability to open accounts on weekends upon request
This flexibility makes him feel valued as a trader.
Program Environment
Victor describes the program as patient and trader-friendly. He feels the firm understands that consistent trading development takes time.
This supportive environment has helped him remain focused and disciplined.
Start Your Funded Trading Journey
Become a Funded TraderTrading Strategy and Style
Transition to Swing Trading
Victor initially traded intraday but later shifted to swing trading. This transition helped him:
- Reduce screen time
- Improve decision quality
- Avoid emotional overtrading
- Focus on higher-quality setups
Analysis Method
His trading is based entirely on price action and market structure using a top-down approach:
- Weekly and daily charts for trend direction
- Identification of major support and resistance
- Entry execution on the 4-hour chart
- Confirmation through candlestick patterns
He avoids indicators completely and trades on clean charts with manually drawn levels.
Market Selection
Victor prefers major and cross pairs and currently focuses on AUD/NZD because:
- It has lower news volatility
- It produces cleaner technical movements
- It reduces emotional stress
He avoids USD pairs when possible due to frequent news-driven volatility.
Trade Duration
Most trades are held for:
- Several days
- Up to one week
This aligns with his swing trading approach and long-term mindset.
Timeline of Victor’s Trading Journey
Period | Event / Activity |
2020 | Started trading in Nigeria with personal funds |
2020–2022 | Inconsistent results, losses, and breaks |
January 2023 | Relocated to Canada |
September 2023 | Joined AudaCity Funded Trader Program |
Sep–Dec 2023 | Took break due to school projects |
January 2024 | Returned to full-time trading |
Present | Trading $30,000 funded account |
Trading Style Overview
Aspect | Description |
Trading Style | Swing Trading |
Timeframes | Weekly/Daily (analysis), 4H (entries) |
Analysis Method | Top-down price action & structure |
Tools | Support and resistance lines |
Indicators | None |
Preferred Pairs | AUD/NZD (primary) |
Trade Duration | Few days to one week |
Compete with traders worldwide and showcase your skills in a free prop firm trading competition.
Free Prop Firm ChallengeAdvice for New Traders
Victor shares practical advice for beginners.
Expect a Long Learning Curve
Consistent profitability often takes two to three years or more.
Accept Early Losses
Losses are part of the learning process and should not discourage new traders.
Develop a Personal Strategy
Relying on copied systems without testing leads to failure.
Protect Your Mental Health
Taking breaks during stressful periods improves long-term results.
Be Patient
Rushing profits often leads to mistakes and setbacks.
Key Insights
- Patience and mindset are as important as strategy
- Taking breaks can improve long-term performance
- Supportive prop firms enhance trader confidence
- Price action and market structure can work without indicators
- Avoiding news-heavy pairs reduces unnecessary risk
- Trading success develops over multiple years
Victor’s experience highlights the importance of emotional maturity in trading.
Conclusion
Victor’s journey reflects the realities of professional trading. His story shows that success is built through resilience, disciplined strategy development, and psychological awareness.
By prioritizing patience, clean technical analysis, and mental clarity, he has established himself as a consistent funded trader. His experience with the AudaCity Funded Trader Program demonstrates how supportive infrastructure and flexible policies can help traders grow sustainably.
For aspiring traders, Victor’s path offers a clear message: embrace losses, stay patient, protect your mindset, and commit to long-term improvement rather than short-term gains.
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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