My name is Kenneth and just like most everyone else my only source of income was my full time job. Unfortunately this wasn’t cutting it for me. Yes, my income was greater than my expenses. But I wanted more. Saving a fews bucks always and working 40hrs wasn’t the life I wanted. I want to be able to travel and not be attached to one income source full time. So I started research. Endless research. After going through everything and not finding anything good I bump into stock trading. This got me so interested. More interested about this than anything that came before in my life. Why tho? What was it that drove me to like this so much? It was the potential to have an unlimited yearly income from this. I’m my boss doing trading! I make my pay based on my skill and the greater my skill the greater my yearly profit. Unlike traditional jobs where you top out. Unless of course you are sales. And sales is a tiring grind. So I started even more research. Watched endless amounts of YouTube videos about traders and their strategies. I watched videos about what the market is and how it works. During this time someone scares me away from forex saying it was just to steal your money…. Ha he was beyond wrong. But unfortunately I stayed away from forex. Only trading stocks. Risking my hard earned money. I did well. Well enough to blind me that I could do bad. Well I did bad once my time became limited. My first child was born and now I must juggle working, studying trading, practicing trading, husband duties, and father duties. As you can expect I couldn’t do all that while keeping a sharp eye on daily runners in the stock market. I had the idea that only daily runners made me money since they were volatile. This was true but this was dangerous. If my eyes drifted away from the screen in the mornings over to my daughters needs and wants then my trades failed. If I attempted to catch extra sleep I’d miss trades and I’d loss trades taken to late. This pushed me to pull all my funds out of trading and take a mental break. Spend time with family. Enjoyed my life without extra stress. Eventually I return to trading with the mindset that I still need to trade daily runners. I don’t wanna watch stocks all day. I want in early and I want out early. Simple enough right? This still didn’t work even tho I felt I had a few more moments of my life available for trading. I looked at trading Bitcoin since those markets are always open and Bitcoin is volatile. Most brokers fees were to high and I didn’t Have funds. I spent most of my trading income on my child. What wasn’t spent took losses and wasn’t that great of an amount. So trading seemed dumb at this point. I gain one percent on one hundred dollars I gain one dollar. Even if I deposit one thousand I only see a return of ten dollars. If I hit good trades and gain thirty percent I still would only gain three hundred and that is nothing if you are trying to replace your job with that. I felt hope slipping away. Sure I could make three hundred but if I lose then I don’t make money I have to replace money. Just to much pressure. I cracked like an egg under this pressure. Failure was all I could think daily. I wanted to self destruct. Looking at my family was depressing. I wanted to provide and do more. I know I can provide more income to the house if I just work overtime. But we know how that goes, overtime runs out! I was now out of Overtime and options. Till I bumped into forex trading again. At the same time I learned of prop firms. The potential to trade someone else’s money. I made tons of money on stocks so of course I could do this right? Wrong. I was a stock trader not forex. These markets are so different it’s like night and day. So I had to start the process of learning everything over in a different way. Learn market structure and learn to develop my skill. Next we go for an evaluation to become funded and fail. I don’t understand risk management. The literal key to trading. But this was hard for me taking a loss and losing the evaluation. So I had to learn trading psychology. Like I mentioned before trading was everything to my future. The value of success and failure was so high. This was beyond draining to me. Yet I kept at it. I pushed myself to care less. For some reason less is more. I stopped over trading and started trading when it was a good setup. I started keeping to my strategy and I stopped risking insane amounts. Things started working out. I have to always remember I’m a risk manager first before trader. These keys lead me to become a successful trader. Eventually after a few more demos I go for another evaluation and passed it with flying colors. I’m now a fully funded trader with MyForexFunds.
