304. Trading Nut

304. You’re the Only Thing in Your Way - Here’s Why

Will TheFxAce

25 mins

Will, a 16-year veteran forex trader, began his trading journey in 2009 while on a work holiday visa in Australia. Initially learning through trial and error, he spent about 18 months becoming profitable, with significant guidance from a professional futures trader friend who taught him how to read market levels and momentum.

His professional breakthrough came in 2013-2014 when he started managing trading accounts for others, with a pivotal year in 2015 where he worked in Mallorca and New York. During this period, he successfully grew a 50k account for a German investor and later a 100k account to 175k, earning around 220k.

Will developed a trading strategy focused on analyzing momentum, supply and demand, and support/resistance levels across different time frames. His approach emphasizes personal development and trading psychology, which he considers crucial to his success.

Podcast Interview

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Will TheFxAce

0:00—:—

Strategy Breakdown

Key Lessons

[10:30] Find a system that suits yourself, your mentality, your time frame.
[11:36] Start small and consistently build over time. Get yourself consistent on a small scale and then scale big as you build your mindset and grow.
[12:15] The markets are a reflection of who you are when you start trading; everything that's going wrong in your trading is a reflection of everything wrong in you.
[16:02] Focus on yourself instead of focusing on everything else.
[23:20] If you're over trading, if you're getting aggressive, that's your ego. You have to pull back and look within.
[24:11] You're the block. And if you're not where you want to be, it's something inside you that's not.
[24:34] You have to be physically and mentally at your top level to be successful in trading.