Afrikaans
Akan
Albanian
Amharic
Arabic
Armenian
Azerbaijani
Basque
Belarusian
Bemba
Bengali
Bihari
Bosnian
Breton
Bulgarian
Cambodian
Catalan
Cebuano
Cherokee
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Ewe
Faroese
Filipino
Finnish
French
Frisian
Ga
Galician
Georgian
German
Greek
Guarani
Gujarati
Haitian Creole
Hausa
Hawaiian
Hebrew
Hindi
Hmong
Hungarian
Icelandic
Igbo
Indonesian
Interlingua
Irish
Italian
Japanese
Javanese
Kannada
Kazakh
Kinyarwanda
Kirundi
Kongo
Korean
Krio (Sierra Leone)
Kurdish
Kurdish (Soranî)
Kyrgyz
Laothian
Latin
Latvian
Lingala
Lithuanian
Lozi
Luganda
Luo
Luxembourgish
Macedonian
Malagasy
Malay
Malayalam
Maltese
Maori
Marathi
Mauritian Creole
Moldavian
Mongolian
Myanmar (Burmese)
Montenegrin
Nepali
Nigerian Pidgin
Northern Sotho
Norwegian
Norwegian (Nynorsk)
Occitan
Oriya
Oromo
Pashto
Persian
Polish
Portuguese (Brazil)
Portuguese (Portugal)
Punjabi
Quechua
Romanian
Romansh
Runyakitara
Russian
Samoan
Scots Gaelic
Serbian
Serbo-Croatian
Sesotho
Setswana
Seychellois Creole
Shona
Sindhi
Sinhalese
Slovak
Slovenian
Somali
Spanish
Spanish (Latin American)
Sundanese
Swahili
Swedish
Tajik
Tamil
Tatar
Telugu
Thai
Tigrinya
Tonga
Tshiluba
Tumbuka
Turkish
Turkmen
Twi
Uighur
Ukrainian
Urdu
Uzbek
Vietnamese
Welsh
Wolof
Xhosa
Yiddish
Yoruba
Zulu
Hi, Doctor.
Welcome.
How's it going?
Pleasure to be on.
So, we're going to be doing an interview with you today. Obviously, you've
probably already seen one of the first ones I've done.
If you would, introduce yourself. Tell us a little bit about yourself, where
you're from, how old you are.
Hey, my name's Kyle. I'm also known as JTAPFX on socials.
I'm 32 years old, and I'm from New York.
32? You don't even look 32.
Yeah, I know. Everybody tells me that.
I just got ID'd at the casino because they thought I was 121.
That's a compliment.
So tell me a little bit about how you found trading, what you got into first,
what asset class was it first that you got started with?
Yeah, so I dropped out of college back in 2011 just because I didn't really
what I wanted to do.
So when I came back home, a buddy of mine that, you know, he was my best
since kindergarten, he actually introduced me to Forex.
I mentioned like, hey, we can make money trading foreign currency. So really, I
started out in Forex.
Awesome. So you've not done anything like with crypto or futures? I did
in crypto a bit.
I was part of it when it ran up to $20 ,000, $25 ,000 per time.
It didn't take profits. And then I kind of stepped away from the space for quite
a while.
Kind of get my toes wet again.
But obviously, keeping my risk level kind of low.
Awesome. But yeah, mostly Forex.
Okay. So how is it that you found my content, Inner Circle Trader Concept?
How did you fall into that niche in this industry?
Yeah, so funny story is the person that actually got me into trading, my friend
that lived down the street, I had already been trading retail concepts for
or six years. I was mostly just...
on Forex Factory, you know, going through those trading systems, baby
Like James 16, he was mostly just teaching, you know, price action bars,
know, pin bars, outside bars, things like that.
And I was doing that for five or six years unprofitably.
And then it just so happened that my same friend that got me into trading ran
into somebody at the local bar, and he had mentioned, you know, he had
recommended me to your work.
So what he had mentioned was, you know, all the markets are manipulated, and how
he found you was through Google. He just, you know, typed in central bank
manipulation, and I guess you were one of the first people that popped up. And
this was probably back in 2015, 2016.
Wow. So, yeah, once, you know, he had pretty much mentioned to me, like,
everything that you've learned and just kind of dive into your work.
That's awesome.
How long did you study trading Forex before you started seeing results that
you motivated or at least gave you the inclination that you were on the right
path?
Yeah, so honestly, the first five or six years trading retail was completely
unprofitable. I didn't see any edge in it.
I couldn't really understand why markets were moving. Every time I bought it, it
went down. Every time I sold it, it went up.
back to school because I loved trading. I wanted to try and get my feet in like
a brick and mortar prop firm.
But I went to like a local school and it wasn't really known for finance.
So I was studying your free content at the time and then I joined your private
mentorship. And at the time, you know, that $150 monthly subscription was a lot
to me.
So it took me, you know, it took me a couple years because when I first dove
into your private mentorship, everything It was really new to me. Like, I didn't
really understand the framework behind, you know, what drove a market. But I was
always interested in the market. Like, I was watching, you know, documentaries.
I was reading Market Wizard, things like that. So I kind of had in my mind how
the markets operated from, like, a floor trader perspective, like, reminiscences
of the stock operator.
I was doing all that research.
And, yeah, I kind of stumbled into your content. And, yeah, once I joined the
private mentorship,
That was kind of like the beginning.
Previous to that, that was really where I started learning how to trade.
Previous to me joining your private mentorship, I kind of scratched those
off like they didn't even exist.
When you joined the mentorship, what was your first impression when you started
seeing all the different perspectives?
how I teach you as a student and other students, how we internalize what price
acting is likely to do next. Like, how did it differ from what you're used to
seeing as a retail trader?
Yeah, so, like, as a retail trader, they were pretty much teaching, you know,
indicator -based systems. You know, it was like, you know, this TDI line
over this one, or RSI was, like, overbought, oversold, you're going to do
without any real context. And it was...
You know, there was no real story behind it. So when I first started listening
to you on how buy stops and sell stops and liquidity and inefficiencies, that
kind of, like, put everything into place, and I kind of understood, all
there's a framework behind the marketplace, and this is how the
actually booking prices. To me, that made so much sense because when I was
watching, you know, those videos on floor traders and everything and reading
Market Wizard, like, all right, now there's, like, context behind why a
moves. Right, right.
So what markets specifically in FX do you trade? Like what pairs and what time
of day do you specialize in?
Yeah, mostly the euro and the pound.
I've tried trading the Canadian dollar, but not so much, you know, it's not my
best pair.
And I'm in New York, so I'm mostly a New York session trader.
Have you switched during your time as an FX trader from pair to pair, or have
you always predominantly just stuck to the ones you're trading right now?
Yeah, so before I met you, I was... trying to trade every single pair.
You know, if I thought the dollar was going to go up, I was trying to short,
know, I was trying to short the euro, the pound, the Aussie dollar, the New
Zealand dollar. I was trying to sell all of them. It wasn't great.
Okay. Yeah, but then I just kind of, you know, when you had mentioned that you
really should be a specialist in one market, and I was kind of reading that
Market Wizard, too, right? There were people that were just trading bonds and
people that were just trading commodities.
And it made a lot of sense. I had to slowly wean myself off and just focus on
couple of markets.
That was actually one of the things that was complimentary to me when I had
first learned about Larry Williams being a specialist with bonds and S &P. And
in hearing other really successful traders in those market wizard books,
comment that I heard was they specialize in one market or two at most.
And that was one of the greatest learnings.
I had, too, so it's nice to see my students have that same thing.
Obviously, I kept a lot of flack for this as an educator, but did my lectures
the medium of using a demo or a paper trading account, was that an impediment
all to you learning how to read price action?
Yeah, see, it never was, and I never questioned it, because if you open up a
demo account and a live account, the data feeds the same, right? So it
doesn't... It doesn't really matter. If I was taking a demo trade or a live
trade, I could have mirrored both trades in both accounts, and if I was getting
stopped out at one, I was getting stopped out at the other. So to me, it
really matter.
Okay.
That's going to be a question that keeps coming up in all the interviews because
I really want to hammer down that that is not something that anyone should be
concerned about because your results are unique to you.
Everyone behind you and the guy that was before you, you're all going to have
your own individual results.
How they come to you matters not whether you're an educator, me, someone else
you learn additional concepts from.
Their results are exclusively theirs.
So it's important for a student that's watching and you've experienced it
yourself to pursue your own proof, your own evidence.
And clearly, obviously, we'll go into questions later on. But what struggles
you wrestle with?
when you were trying to find your model? Like, what things did you have to
wrestle with, whether it be personal character flaws or psychological
things that you were afraid of, something to that effect? What did you
wrestle with until you found your model?
Really, I was just impulsive and impatient.
So, you know, when I first started getting into your content, I really
just be successful overnight. And, you know, you quickly realize that it's not
really feasible.
And I kind of...
I kind of noticed the same thing in my career path, too, because as soon as I
graduated, like, one of my friends helped me get a job, and he never had a
formal education. So me watching him, it was interesting because he had the
experience, and I saw him grow, right? And I saw myself grow in that career
as well.
So really just, you know, I had to fight with my impatience and my impulsiveness
and understand that I had to, like, fail because...
Every time I learned a new concept from you, right, there was an actual equity
curve to that specific concept. So when I first started getting into it, it was
just order block.
And when you're first learning order block, right, you're going to make
mistakes. You're going to take trades. You're learning about all those
nuances. And it was like that for every single tool that I put into my toolbox.
When I first started learning Fibonacci, you don't just plot it on your chart
and all of a sudden, you know, you don't get it instantly.
So that was the biggest thing.
just having the patience to understand, like, this is really going to take some
time. It was hard, you know, because back then there wasn't a whole lot of
people, you know, using chat rooms and things like that. So now I find it
interesting because I feel like I've been with you, you know, through your
growth, and now there's all these little ecosystems of ITT traders that I can
connect with, and I've really built a solid network of, you know, people that
can rely on.
And learn with. Right.
When you mentioned that you had struggles or you were
wrestling with impulsiveness, what types of things or coping mechanisms did you
employ to get through that when it felt like it was not going to happen fast
enough for you, like you wanted overnight success?
I wanted the same thing.
When you had those adversities, what...
What did you do to help get you through that and keep you encouraged to keep
studying?
Honestly, it was really hard because I really did not enjoy doing the job that
was doing. I got into construction, and I really wanted to be in finance.
So when I was going through those periods, a lot of times I was just
break because I was overloading myself with trying to learn and trying to make
it work.
But I really needed those breaks to kind of reset and refuel.
and get back in the zone and get back to studying.
So that was probably the most difficult thing was every time I feel like I hit a
peak, you know, there was always something new to learn. And it always
like, all right, I had something there and I was working on an edge, but it
still was dull. Like I didn't have the full skill set to be able to really be
consistently profitable.
Okay.
So in your development, looking back now, what milestones did you...
reached that you maybe not at the time of beginning you thought you would reach
or even expected to find, what type of milestone or success did you find apart
from being profitable?
Like what built you up as a trader? What kind of, well, achievement did you
unlock, if you will, as a student in the marketplace? What did you discover
about yourself?
Yeah, so I think I really have to say that it was part of my career.
I had really focused a lot on my career. So I was in high -end residential
construction, and when I first started out, I didn't know anything.
And when I started getting further and further up the ladder, I started, you
know, working with budgets and higher numbers and understanding risk and
with clients, like really high -net -worth clients, like some really
people.
And that kind of shifted my perspective, and I started treating creating like a
business.
and not so much like a casino. That was the biggest thing was, you know, I got
comfortable seeing large numbers fluctuate back and forth and not
much about the outcome because I knew at the end of the day I might have losses
here, some losses there.
Like relating to my career, right, there was when we were putting a budget
together for a home, like we would have some areas where the client was taking a
loss in and then some areas where they were making a profit. But overall, The
project was successful.
I took that skill set and applied it to trading.
Learning those risk management skills was huge to me because not only did I
to see the long -term vision of it, I could have a terrible week or a terrible
month, but at the end of the quarter or at the end of the year, I'm going to
come out ahead.
How long did it take you to be profitable?
your first winning trade, but where you discovered that you have an edge now
that while it may not be perfect, nobody has 100 % strike rate.
How long did it take for you to get to that point where you were confident that
you can claim that you're consistently profitable?
Yeah, so it was probably three years after I joined the mentorship.
And I think what changed my profitability was understanding a model,
model. And within that model, there were specific tools that I had to implement,
which was, you know, the weekly range, the daily range, understanding those
things, you know, the Judas wing, the RAL gas order block. So it really was
a culmination of a bunch of different things that created a full model because
had tried just using one model or one concept, and it didn't really, you know,
paint the full picture for me. Right.
When you were studying,
What was your schedule like around your work?
How much time did you usually devote to studying?
And what did it look like? What kind of routine was it? Was it just back
testing? Was it using like a 4X tester program?
Give us an idea of what it was like when you were going through that process.
Yeah, so my schedule with work was kind of hectic. I was probably working 60, 70
hours a week.
So I didn't really, you know, I had to put my social life on the back burner.
Mostly studying after work and late hours.
I was getting up for London, staying up for London, then going into work like a
zombie.
I did do back testing. I forward tested.
A lot of time it was just in the live market.
A lot of my study was just really a lot of my free time.
Did you journal? If you did journal, was it impactful and how did it help you?
I do journal.
Not only is it helpful for like a statistical edge, I think journaling
emotions and how you're feeling in a trade is a lot more important than just
getting the statistical edge because your statistical edge is going to
if you can understand your emotions and behaviors behind your decision making.
Right.
How do you as a trader handle losing trades?
So that for me was probably the hardest thing because I was...
As somebody that's impulsive, I, you know, over -traded and revenge -traded a
whole lot.
So really just having the discipline to take a loss on the day and to come back
the next day because understanding that the market's going to be here, you know,
without me.
Every time I took a break from the market, you know, whether it was three,
months while I was going through your mentorship, I always came back and saw
same setup standing out.
You know, I had to get rid of the FOMO factor, really.
And just focus on an edge over time.
You mentioned revenge trading. For the listeners that never really traded yet,
kind of walk us through what that means as a trader when – because I've done
that too. Everybody that's ever traded with real money has done this before.
from your perspective, what does that mean when you say that you experienced –
the adversities of revenge trading. What was that like for you?
Yeah, so really, you have to figure out what it stems from.
And for me, it was really just me trying to escape my job. And not only that, I
was a pretty competitive person when I was younger. So learning how to lose is
really difficult if you're not used to losing.
Because instead of focusing on the outcome, you have to focus on the
going through it and making sure you have a proper model because you know
going to have losses.
And getting through that was probably the most difficult because everybody
comes in the market wants to be a winner every single day. It doesn't feel good
to leave your desk and not make any money.
Right.
So in comparison to how when you first started learning about this and how you
used the concept and risk management, the difference between your perspective
taking losses and the hardships that come with that, both emotionally and
psychologically. How do you view yourself as a trader now? Do you feel
significantly less emotions when you take a losing trade? And if that's true,
why is it that you have less emotion now behind a losing trade?
Yeah, so that was really just a, you know, a really long working process. So
even, you know, five years ago, it was really managing my impulses.
Like I was a lot more overweight than I am now. You know, I was unhealthy.
I was not getting enough exercise, things like that.
So just really accepting the fact that you have to be disciplined with
certain things, right? And every time I was undisciplined, I was always blowing
my account up. So feeling that pain and feeling the, you know, the desire to try
and make the money back, it always put me in a deeper hole. So I know that
that's probably a huge mistake that a lot of people go through is when they're
looking at their equity curve or their drawdown, is when they really look at
their drawdown period and it's extremely steep, you have to understand what
that's coming from. So for me, it was always revenge trading. So the best
that I can recommend for somebody that's dealing with revenge trading is you
have to understand why you're revenge trading in the first place and crawl out
of it, not sprint out of it. Right.
That's good.
Obviously, there's a lot of new students that are finding me, and there's a lot
of people that are in my mentorship that have not found their profitable model
yet. You, as a student that have gone through the private mentorship and now
reached profitability, what would you say to encourage those individuals that
have yet to find their profitable model or consistency?
I think you really do have to submit to time, really, because when I first
started trading, I wanted to be a swing trader, and my personality just didn't.
It took me a really long time to just understand that I'm impatient and I want
to, you know, it fits more of an intra -week, intra -day model for me.
So you really have to take time to understand yourself, first of all, and
understand the concept, and then figure out your model from there, right? You
can't, it's not very, like, black and white where you can give somebody a
strategy and say, all right, this is your model. You know, obviously you
but. If it doesn't, you know, match your lifestyle or personality, then you're
going to be fighting. You're going to be wrestling with it for sure.
Right. So you kind of have to just take your time and understand yourself and
your personality and then create the model around your lifestyle, right, your
personality, all your weaknesses and your strengths.
Great points.
Could you describe your personal model and what specific IPP concepts do you
employ in it?
Yeah, so my personal model is really just trading the weekly or the daily
within those specific profiles.
So I utilize the economic calendar, and I'm really just looking for the due to
swing above or below the midnight open to a specific standard deviation, market
structure shift, and then entering on a fair value gap. Like 80 % to 90 % of my
trades are probably using a fair value gap.
Awesome.
So are you a – London trader or a New York trader, or do you do both?
Just New York.
I've tried to change my sleep schedule up to get up to London, but my body
doesn't agree with it.
It's very difficult to do if you're not in a part of the world where it's easy
to do it.
It's a challenge.
Could you walk us through a typical day as a trader, and how do you analyze it
briefly? What's it like for you to wake up, start your day?
What analysis do you do?
a routine that you follow, and what would that be like?
Yeah, you know, it's pretty monotonous. Like, every week I'm doing the same
thing. So Sunday nights I'm sitting down at the charts and reviewing my
weeklies, you know, preparing for the week, looking at the economic calendar.
And then each, during the evening, during, you know, at each close, I'm
at, you know, previous days' highs and lows, the session highs and lows, the
narrative behind that, and preparing for the following day.
I'm expecting you to swing in one direction or the other.
Could you take some time to give us your personal comprehensive
opinion in view of what it was like for you to go through the mentorship and to
use the concepts that I've made available to the community?
What successes have you had?
What hardships did you meet that you didn't expect?
that you would have, and just an overall viewpoint from your perspective, what
it was like for you as a trader going through it.
Yeah, so I actually was thinking about canceling my subscription multiple times
because I was really just studying on my own. I wasn't using the forum. I wasn't
reaching out to traders.
I was just kind of studying and trying to apply it myself.
And then I networked and met a couple people that study your concepts.
A lot of them truly helped me a lot.
And they, a lot of them recommended the same thing. A lot of them just had
mentioned, you know, exit all the chat rooms, you know, isolate yourself and go
into study.
And that's really where I grew a lot. Like I stopped watching your weekly
analysis and, because I understood all the concepts and I was trying to follow
you. And I mean, it was working at times, but.
I didn't really, like, understand.
You know, it was like you were hand -holding me, and I had to just, like,
the nest and kind of figure it out on my own. And that's, like, the biggest
growth curve that I ever had was just studying by myself because not only were
wasn't being influenced by other people's biases or headlines or anything
that, you know, I didn't read any news. Like, I was just me in the chart.
So that was probably the biggest turning point for me with the mentorship
content.
But, yeah, if I had any recommendations for anybody that was going through the
mentorship or they're trying to study on their own, like, really try and reach
out to people that are more experienced than you because they can provide a lot
different perspective that, you know, might help you on your journey.
In terms of success, how could one understand the level of
success that you view you have right
now versus?
what you were trying to do as a retail trader. Like, are you a funded trader or
do you trade with your own funds? What has that been like for you?
Yeah, I mean, the prop industry has really springboarded my trading career,
really, because I was so reliant on my income from my career.
Like, I was making a good six figures at my job, so I really didn't have the
desire or, you know, it really wasn't pushing me to try and, like, go full
trading.
It really was just like my fear of trying to become a full -time trader.
prop, you know, a lot of traders are undercapitalized. So managing prop
has really springboard in my career. Now I'm a full -time trader and I'm making
multiples of what I used to make at my job.
And it's seriously a dream come true. So I'm really trying to, I know that
there's some uncertainties with prop capital. I'm not 100 % sure if it's
to be around forever.
If they regulate it, they might shut some of them down. Like, I was with some
prop firms that owed me, like, $10 ,000. They shut down because of ASIC, like,
Australian regulations.
So, really, I'm trying to take advantage of what I can to withdraw as much money
as I can from the prop firms and, you know, fund my own personal account.
So, if, you know, if people are out there struggling with prop firms, they
to understand the statistics behind it, right? Only, like, 3 % of people make it
to the payout, which is...
Kind of mind -blowing because the parameters to pass is not that difficult
you're patient.
It's really about keeping it. So instead of risking 1%, I'm risking a quarter
percent. That way I can have at least 30, 40 trades, losing trades in a row
not blow off the account.
Say that once more. How much are you risking?
A quarter percent because it's really just rudimentary math. If you can just
the math behind it, you have a 10 % drawdown limit. If you're doing 1%,
only allowed 10 losses in a row, and you can easily lose 10 trades in a session.
Yeah, yeah.
So, you know, a quarter percent is really 2 .5 % of your drawdown limit,
is still high. Right.
I'm very pleased that you mentioned that risk.
allowance that you've given yourself for trading.
So many people stick to this. They want to build up real quick wins, get those
five -figure, six -figure withdrawals from funded accounts or their own live
trading. They don't really give themselves a chance because the effects
trading with real money now, if they've never done it before, it's going to be a
strong catalyst for them to do things that are outside the scope of their
or their model.
When you first started trading, did you have that initially at one time where
you felt like you wanted to go out of the model's rules because now you're
real money, or did you not have that?
Yeah, that was part of it.
A big part of it was me just saving up enough money as a nest egg where I
have to worry about my expenses for two or three years.
That took me a really long time, but it alleviated a lot of pressure.
having to make money, right? So a lot of traders are probably going for those
big accounts and want to hit a huge payout so they can keep their job right
away. And it's really extremely unrealistic.
Exactly. Give yourself time, build up a nest egg of, you know, two or three
years of expenses. That way, if you have a bad month on the funded account, you
don't have to worry about the bills that you have to pay.
Awesome.
Could you share with us the types of...
wins or success that you had trading with funded accounts?
Yeah, so I've only been a full -time trader for like a year and a couple
And it's been a parabolic growth curve for me. So when I first left my job, I
was managing about $800 ,000 in funded capital.
And I had enough expenses where the job was just kind of grinding me down. And I
took the risk and I said, I'm going to go full -time.
If it doesn't work out in like a year or two, at least I have enough funds to,
you know, cover myself. And I had built a skill set where I wasn't really
worried about not being able to find a job. Like I was in a very niche
So, sorry,
I kind of just lost my train of thought.
Yeah, just going back to, you know, getting capital, my goal was always to
get the first payout and reinvest it.
My first couple payouts, I think it was like $20 ,000 or $30 ,000 on $400 ,000
worth of capital. What did that feel like? I didn't spend any of that money.
Excuse me.
When you had your first payout, what did that feel like?
It felt really good, and that was really a turning point in my career where I
was like, wow, these firms are really paying out a lot of money, and there's
a whole lot of risk up front, unless you're buying challenges and blowing
and gambling.
Right. You know, the fact that they're giving you like 10 times your capital,
you try and do that with your personal account, it's really hard to do. So, you
know, if you're going to invest $2 ,000 and get funded with $400 ,000, like $40
,000 in drawdown limit that you have now, right? So that was a huge thing for
me. And what I did was I really treated it like a business. I opened up, you
know, an LLC and I opened up a business credit card to pay for the challenges.
But I did have the capital.
I wasn't just opening up the credit card and assuming debt.
I had the capital.
I could write it off against my income, and I was paying for challenges through
that means. That way, I could separate my finances and really treat it like a
business. If you're going to go and have a startup, $5 ,000, $10 ,000 is really
not a whole lot of money to get yourself going.
I had the money to pay for the expenses, the liability.
on the back end in case it didn't work out. But as soon as I got that first
payout, I took all of that money and just bought more challenges.
So now I'm managing close to $2 million in funded capital.
Wow. And just, you know, taking a quarter percent risk across the board.
married? Yeah. Okay.
How is it that you've introduced what you're doing to your spouse, and was she
supportive initially, and is she supportive now?
Yeah, so she always knew that I was.
And a funny story is before we got engaged, I had like a $5 ,000, might
been more, like a $7 ,500 account.
And I completely like almost blew it up. Like I lost like 30 % in a day. I
withdrew it all and then bought her engagement ring.
So she always, you know, she always knew I loved it because I was, obviously I
was up late at night, you know, listening to videos and stuff. She's
to me in bed. And she's probably thinking like, oh, this guy's crazy. I'm
even making any money doing this.
She always encouraged me to just keep going because she kind of knew that that
was something I loved. And I think she knew it, you know, at the end of the
like maybe this could be something that I do full time. And the access to
markets right now is amazing, right? I think when you had mentioned that you
were like plotting the closing price on graph paper, I was like, man, I can't
even imagine the time when it was like that. And even like a lot of the younger
kids, like I talked to Taladin.
And I'm like, man, you guys don't know how good you have it right now, you
Yeah, absolutely.
There's so much action. Even your content is, like, everywhere now.
I just find it amazing because, you know, I had mentioned, like, when I was
coming off of this 4X Factory and even your YouTube channel, I think some of
your videos were only getting, like, 10 ,000, 5 ,000 views. Yeah, it wasn't much
view at all.
So you had a spouse that knew you were speculating early.
She didn't try to talk you out of it. She just let you have, you know, a run
it. And is she supportive now because of the results you've been able to show?
Yeah, absolutely.
I think part of it, too, is, like, her family is not too, they're not too, you
know, they're not too conscious about money. They don't really talk about it a
whole lot. So, really, she's happy with, you know, even if I was just working a
regular job, you know. That's awesome. It's not, like, materialistic or
like that. So that's a huge thing, you know.
He was a keeper.
Can you imagine the difficulty you would have had in addition to what you had to
go through, like everybody else does, if your spouse was against the idea and
vocalized that all the time?
Yeah.
That would have been harder. I mean, I think, you know, if my spouse was
it, I probably would just quit, you know.
So you've been very blessed to have that. That's actually a very good thing.
Right.
What we do, the average person, they don't look at this and say, That's
something I should do.
They want to do it when they see other people make money.
And when we are married and we have our relationships, you know, it's
unfortunately not easy for them to see what we see as a potential profit or a
potential outcome in the future where we know that we can use that to kind of
benefit the family itself.
They themselves, many times, they don't understand. Like, my wife still doesn't
understand it. Like, she just thinks it's a video game.
I didn't get the encouragement from her. And I'm so glad that you've had that
opportunity because can you imagine the listeners that have experienced the
adverse side of what you didn't have to go through?
Well, so like my, my, you know, I come from an Asian background, like both my
parents are Chinese. So my dad's side of the family was always like that. It was
always like, you know, tell me what are you doing with your life or whatever,
blah, blah, blah. Because I was like the black sheep of the family, me and my
cousin. A lot of my cousins have PhDs, and they're doing crazy things. They're
doctors and chemists and software engineers, and I was kind of like a
dropout. My brother was a valedictorian.
I didn't live up to that, so I always kind of went my own route, and I feel
that was part of me just constantly going and trading because I saw the
potential at the end, which probably a lot of people, I mean, it's there.
I don't know how many people actually stick with it and see it through,
because at first it feels like it's impossible.
You have what is referred to as an entrepreneurial spirit.
So people like us, we don't mind going off the beaten trail.
And it's commendable that your family members are in professional, like
and such.
To me.
We need those types of people in society.
But many times, traders are not cut from that cloth, and their individual
mindsets are completely different, and it's just amazing to see what you've
able to do with it. I'm so blessed to listen to you and share your story and
have the feedback that came through.
Your personal experience, your spouse, she was supportive. She didn't try to
derail you.
The hardships of having to make a decision about leaving your job and then
that. Yeah, and that was a huge thing because I was already in like a top
percentage of income.
So leaving behind something like that where I had like a future was really
difficult.
That takes a lot of conviction. And either you believe in yourself and what
are.
about to do or that's a big gamble and it seems like you've done the work on
deciding whether or not if it was feasible for yourself and obviously it
like it's doing well for you.
Yeah, it is. I can't thank you enough, seriously.
Oh man, it's my pleasure.
Did you ever think you'd be trading at the level you're trading at now when you
first started?
Honestly, no, I didn't. I really didn't.
I honestly didn't think I would be full -time.
and have the success that I have just within a year.
Like, it was really eye -opening to kind of put everything together and it
really clicked for me now. But it was such a long process of going through
hard times and learning all those concepts because at first, you know, it
so foreign to me. Like, I didn't really understand how a fair value gap should
react when price trades into it and things like that. But now it's like...
All right, now I have a full skill set that I've built up over the course of
years. And you kind of have to look at it like that.
If you're going to go through, you know, even traditional education, you know,
starting out as like an undergrad, you have to go through all those courses and
stuff just to get your foot in the door. And once you're in there, you're like,
you're doing these menial tasks.
And, you know, you want a salary that can cover the cost of living.
You don't really have the experience behind it. And I kind of experienced
in my career. Like, I wanted to be the office management guy.
And really, I didn't know anything about the industry. I didn't know. I just
didn't know anything. So, like, you have to treat it like you're going through
this process. It might take you four, five, six years. But at the end of the
day, you're going to have a Ph .D. level of education that you can now print
your own paycheck and not have to rely on a job.
That's awesome.
I don't have any personal experience with funded accounts, and I'm going to
you a question I've been getting from other people.
What companies have you dealt with that you've had a positive result and
experience with where they've had no difficulty paying out and your
was overall good with them? What companies have you worked with?
I've withdrawn over six figures from my Forex Fund, FTMO, and the Funded Trader,
and some smaller payouts at True Forex Funds.
And what's the other one?
I can't remember off the top of my head.
There's another firm, but, yeah, I haven't had any issues, you know, over
-something thousand from those more well -known firms. I mean, there's so many
out there right now that I'm trying to be cautious.
I know there's, you know, there's going to be risk on some degree, but, yeah,
I've mostly dealt with the top three. Their support's been great.
A lot of people ask me about the spreads, and a lot of people complain
spreads.
And to me, I just use a trade copier.
But I'm not using ultra -tight stops, where maybe a lot of people might get in
trouble. With that, with slippage and everything, I haven't had any issues
that.
I want to make sure I heard you correctly. You have been able to
$300 ,000?
Yep. That's awesome. That is awesome.
What company actually opened up with a funded account? What company was the
first one you... It was FCMO.
Okay. Even like a year ago, a lot of those other firms didn't have the
reputation that they have now.
Right. That's awesome. And before that, I hadn't even realized that FCMO had
been around already for like five years or something like that.
Wow. And it was, you know, it really changed my training career because I was
the guy that was, you know, applying to Jane Street or SMB Capital and they're
like... What's your background? Do you know anybody?
Do you have any experience?
I'm like, I work in project management. I work in construction.
Sign me up.
Where do you see yourself in the next three to five years? What's your goals
yourself?
For me, it almost feels like I'm just getting my training business off the
ground. Really, I have so much to work on and improve my edge mentally.
Like, with just my entries and exits and things like that, my risk management. I
mean, it's like a never -ending process. Like, it feels like I'm never going to
be perfect. And that's what I love about training is that every time I hit a new
goal, you know, that euphoric feeling kind of goes away because there's always
something to improve on.
So, I mean, three to five years from now, I'd love to be managing more
and, you know, kind of have my emotions more intact because at times they still
get away from me. You know, I'm not.
Perfect. And even some of the best traders I know, they get frustrated at
It's normal. We're humans.
Well,
I've had a wonderful time talking to you.
I've had just an immense pleasure listening to your story. I've watched
other interviews you've conducted with other podcasters and such.
And it's been just a...
A wonderful experience to be able to say I had just a small piece of what you
were able to do with all this information. And I'm so proud to see
done with it. And I'm anxious to see, really, where you go in those three to
five years. I'm hoping that you keep in contact with me.
Thanks, Michael. Appreciate it.
Truly an honor to speak with you.
The honor is all mine, sir.
Thank you very much.
Thank you.
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.