February in Review
Every month brings new lessons & points to reflect upon. I want to share some lessons from my experience trading in February to help you become a better trader.
February was another good month for me. It was considerably smaller than January ~ but so far this year I’ve had 2/2 positive months & generated a +13.54% return across my accounts without losing even 2% at the peak of my drawdown.
Here’s a screenshot from my ‘master account’ (third-party audited) showing the overall Y/Y return & drawdown figures for 2024 so far.
Trading in February was slow. The markets broke their January ranges and started to make some clear direction but unfortunately many of the setups I had prepped didn’t fill the entries so I ended up having a very dry month with a small win & a couple of well-managed losses UNTIL the last week of the month when things got more interesting!
EURUSD ~ +2.5%
In the final week of February I managed to get myself into a nice setup on EURUSD which ended up bringing me a profitable end to Feb & bringing my 2024 tally up to the 13.54% ROI mark.
My setup was a 1% risk short following a total slowdown in momentum, a sweep of LTF liquidity & a tap into a refined 10m supply zone which formed a distribution pattern for me to sell into.
The trade moved immediately into profit & I managed to close out the position for +2.5% which banked me $2,472 on my master account & an additional $3,400+ on one of my other trading accounts
Overall I’m happy with how the month ended for me & I am very happy with the performance of myself & my trading systems in 2024 so far.
Lessons from February
The greatest way to excel as a trader is to learn from everything that has happened to you & as a result of your actions as time goes by. Here are two key lessons from February that you can take on to become a better trader moving forwards.
1) When markets aren't optimal don't force yourself to trade
Sometimes you’ll have a hard time finding good setups. When you do, simply avoid executing setups. As Warren Buffett once said:
“The market is a device for transferring money from the impatient to the patient.”
Those who remain patient & execute only when the markets offer prime setups will outperform those who gamble into any opportunity they can find (or force) simply for the thrill of being in a trade. It’s okay to not take a trade today. It’s okay to not take a trade for a whole week or even two weeks if there’s nothing worth risking your money on.
I believe all traders should live by this quote from Jim Rogers:
“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.”
If you start to do this you’ll have less swings up & down, less stress & I can almost guarantee you’ll make MORE MONEY. Less is more in trading & that’s a fact proven time & time again by the greatest traders in history.
2) Small consistent percentage returns equal large dollar profits
Most traders battle the markets for 10+ hours per day only to come out the other side with a big loss, because they idolise fake traders who claim huge returns every day, and they think that making 10% every day or making 50% in a month is a totally realistic & sustainable way to trade.
News flash…it’s NOT.
Instead of reaching for home-run trades every day you should pick your battles wisely & focus on capital preservation first, and executing the BEST A+ setups second.
If you can consistently achieve a 3% monthly return over the span of a year you can make HUNDREDS OF THOUSANDS of dollars fast with funded capital.
Build skill, trade patiently & focus on small consistent returns.
Remember ~ 3% of $200,000 is +$6,000, whereas 1000% of 0 is still 0.
Account flips don’t work. Everyone who tries to make outsized returns will end up giving it all back to the market tenfold.
What to do now
To make progress you have to make a change in the way you operate.
It’s my job to change the way you operate & turn you into a winning trader ~ as I have done for thousands of others up to this point.
I’ll give you everything you need to craft meaningful results & make your first $10,000-$20,000 trading in the next 6-12 months.
Click the button below to join me & transform your trading in 2024:
My Students February Achievements
Every month my students add new profits & new funding to the tally of results. Here are some of the big wins from members of my Mastermind in February:
$8,000+ profit on
a funded account
This trader made over $8,000 in real profits on his funded trading account in February trading the lower timeframes.
$1,263+ paid out to this trader for his profits
Over $1,200 in profit was paid out to this trader by a prop firm he’s working with.
This is not his first payout and certainly won’t be his last!
$2,134+ in 1 day & over $6,400 for the month
This student made over $2,100 in a single day of trading and collectively made over $6,400 for the month only one week in to February!
$11,600+ in profits
This student closed out 5 figures in trading profits in one single day trading GBPUSD with a funded trading account that he secured with his skillset!
$13,000+ in 2 hours?!
A member of my Mastermind locked in a tight entry with a small stop loss on EURUSD shorts and raked in almost $13,000 in trading profit in under 2 hours…
6-month salaries in under 120 minutes…not bad!
February in Review
Every month brings new lessons & points to reflect upon. I want to share some lessons from my experience trading in February to help you become a better trader.
February was another good month for me. It was considerably smaller than January ~ but so far this year I’ve had 2/2 positive months & generated a +13.54% return across my accounts without losing even 2% at the peak of my drawdown.
Here’s a screenshot from my ‘master account’ (third-party audited) showing the overall Y/Y return & drawdown figures for 2024 so far.
Trading in February was slow. The markets broke their January ranges and started to make some clear direction but unfortunately many of the setups I had prepped didn’t fill the entries so I ended up having a very dry month with a small win & a couple of well-managed losses UNTIL the last week of the month when things got more interesting!
EURUSD ~ +2.5%
In the final week of February I managed to get myself into a nice setup on EURUSD which ended up bringing me a profitable end to Feb & bringing my 2024 tally up to the 13.54% ROI mark.
My setup was a 1% risk short following a total slowdown in momentum, a sweep of LTF liquidity & a tap into a refined 10m supply zone which formed a distribution pattern for me to sell into.
The trade moved immediately into profit & I managed to close out the position for +2.5% which banked me $2,472 on my master account & an additional $3,400+ on one of my other trading accounts
Overall I’m happy with how the month ended for me & I am very happy with the performance of myself & my trading systems in 2024 so far.
Lessons from February
The greatest way to excel as a trader is to learn from everything that has happened to you & as a result of your actions as time goes by. Here are two key lessons from February that you can take on to become a better trader moving forwards.
1) When markets aren't optimal don't force yourself to trade
Sometimes you’ll have a hard time finding good setups. When you do, simply avoid executing setups. As Warren Buffett once said:
“The market is a device for transferring money from the impatient to the patient.”
Those who remain patient & execute only when the markets offer prime setups will outperform those who gamble into any opportunity they can find (or force) simply for the thrill of being in a trade. It’s okay to not take a trade today. It’s okay to not take a trade for a whole week or even two weeks if there’s nothing worth risking your money on.
I believe all traders should live by this quote from Jim Rogers:
“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.”
If you start to do this you’ll have less swings up & down, less stress & I can almost guarantee you’ll make MORE MONEY. Less is more in trading & that’s a fact proven time & time again by the greatest traders in history.
2) Small consistent percentage returns equal large dollar profits
Most traders battle the markets for 10+ hours per day only to come out the other side with a big loss, because they idolise fake traders who claim huge returns every day, and they think that making 10% every day or making 50% in a month is a totally realistic & sustainable way to trade.
News flash…it’s NOT.
Instead of reaching for home-run trades every day you should pick your battles wisely & focus on capital preservation first, and executing the BEST A+ setups second.
If you can consistently achieve a 3% monthly return over the span of a year you can make HUNDREDS OF THOUSANDS of dollars fast with funded capital.
Build skill, trade patiently & focus on small consistent returns.
Remember ~ 3% of $200,000 is +$6,000, whereas 1000% of 0 is still 0.
Account flips don’t work. Everyone who tries to make outsized returns will end up giving it all back to the market tenfold.
What to do now
To make progress you have to make a change in the way you operate.
It’s my job to change the way you operate & turn you into a winning trader ~ as I have done for thousands of others up to this point.
I’ll give you everything you need to craft meaningful results & make your first $10,000-$20,000 trading in the next 6-12 months.
Click the button below to join me & transform your trading in 2024:
My Students February Achievements
Every month my students add new profits & new funding to the tally of results. Here are some of the big wins from members of my Mastermind in February:
$8,000+ profit on
a funded account
This trader made over $8,000 in real profits on his funded trading account in February trading the lower timeframes.
$1,263+ paid out to this trader for his profits
Over $1,200 in profit was paid out to this trader by a prop firm he’s working with.
This is not his first payout and certainly won’t be his last!
$2,134+ in 1 day & over $6,400 for the month
This student made over $2,100 in a single day of trading and collectively made over $6,400 for the month only one week in to February!
$11,600+ in profits
This student closed out 5 figures in trading profits in one single day trading GBPUSD with a funded trading account that he secured with his skillset!
$13,000+ in 2 hours?!
A member of my Mastermind locked in a tight entry with a small stop loss on EURUSD shorts and raked in almost $13,000 in trading profit in under 2 hours…
6-month salaries in under 120 minutes…not bad!