Andrew NFX shares his journey from discovering binary options to trading stocks and eventually reaching a funded account of $6.15 million. He found that professional sports and trading were interlinked in terms of discipline and hard work mentality. Having a background in sports can provide an advantage in trading, as it instills discipline and a strong work ethic.
Andrew shares his experiences of getting banned from prop firms and the reasons behind it. He never broke any rules but faced issues because of his trading style. He discusses the risks and challenges of getting funded and shares their recommendations for someone who wants to raise $6 million.
Andrew discusses the importance of discipline and consistency in trading. He emphasizes the need to focus on the process and daily actions rather than the results.
Podcast Interview
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Interview Link
Twitter – @andrew_nfx
Recommended Books
Trading Beyond the Matrix by Van Tharp
Becoming Supernatural by Joe Dispenza
Andrew’s Trading Strategy
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Key Lessons
[04:23] You need to have that hard work mentality, not giving up the winning mentality.
[07:21] Sports and trading have one similar thing; you have to perform by yourself.
[35:53] Just remove everything. Just don’t watch any social media. Don’t watch any other traders.
[36:02] Just focus on your psychology and mindset.
[36:14] Just know what kind of person you are and what trading style is going to feed you.
[36:25] You just need to find what works best for you.
[36:29] You need to understand yourself and try to study psychology.
[36:58] You also need to understand when you can trade and what pairs you can trade.
[38:33] Don’t go for one big account. Go for multiple small accounts.
