Turning failure into success: how to master trading psychology | Instant Funding Trader Interview

Summary

In this interview, Manuel Bueno speaks with Hamza, a trader from Mumbai, India, who shares his remarkable journey in the world of trading. Hamza, who began trading in 2019, initially lost $5,000 using an EA (Expert Advisor) but later turned things around. He discusses his struggles, learning from books, demo trading, and ultimately achieving success with a consistent strategy. Hamza emphasizes the importance of psychology in trading, sharing his approach to risk management and the significance of real-money trading for understanding market dynamics. His story is a testament to resilience and the power of learning from setbacks.

Takeaways

• 📈 Hamza, from Mumbai, India, started trading in 2019 and initially lost $5,000 due to an EA bot's poor performance.
• 📚 After the initial loss, Hamza educated himself on trading strategies, focusing on Candlestick patterns and developing his own methods.
• 💡 He credits his cousin brother as a mentor who introduced him to trading and provided him with an EA bot to start with.
• 🌐 Hamza believes in the Forex market's liquidity and sees it as a long-term commitment, with no plans to quit.
• 💼 During a break from trading, Hamza worked in the Forex industry, which helped him gain insights and learn from experienced traders.
• 💹 After blowing up his account twice, Hamza managed to turn $100 into $3,500 by sticking to a disciplined trading plan and risk management.
• 🚫 He emphasizes the importance of not overtrading after a loss and taking a break from the platform to avoid impulsive decisions.
• 📊 Hamza's current strategy involves technical analysis, focusing on support and resistance levels, and Candlestick patterns.
• 🎯 He has a clear trading plan with a weekly goal and only takes two trades per week, which has helped him grow his account significantly.
• 📚 He recommends reading books like 'Trading in the Zone' and the 'Candlestick Bible' to develop the right trading mindset.
• 💡 Hamza advises new traders to start with real money, not paper trading, to experience the psychological aspects of trading that are crucial for success.

Q & A

What is Hamza's background and how did he get into trading?

Hamza is from Mumbai, India. He got into trading in 2019 after being introduced to it by his cousin brother who worked for a broker. He started with EA (Expert Advisor) trading.

What was Hamza's initial experience with EA trading?

Hamza's initial experience with EA trading was not successful. He lost around $5,000 in a year, which was a tough year for him.

How did Hamza improve his trading after the initial loss?

After losing money, Hamza started reading about candlestick patterns and developed his own trading strategy. He also did paper trading for a year to refine his strategy.

What was the turning point for Hamza in his trading journey?

The turning point was when Hamza started seeing consistent profits on his demo account and decided to put his new strategy to test with real money.

How did Hamza manage to get back on track after blowing up his account?

After blowing up his account, Hamza took a break, worked in the Forex industry to learn more, and then returned with a new $500 account, focusing on survival and discipline in his trading.

What is Hamza's approach to risk management?

Hamza's approach to risk management includes limiting himself to two trades per week with a weekly goal of making $50. If he loses the first trade, he stops trading for the day.

How did Hamza hear about instant funding and what was his experience with them?

Hamza heard about instant funding from his friend Samit, who is also a trader. He decided to give it a try and found their service to be the fastest in terms of withdrawal processing.

What was the most significant trade Hamza made with instant funding?

With a $10,000 account, Hamza made a trade that resulted in over 10% profit, which was a significant achievement for him.

How has trading impacted Hamza's personal life and mindset?

Trading has made Hamza very patient and mature for his age. He believes his experience in the markets has changed him significantly over the three years.

What advice does Hamza have for someone new to trading?

Hamza advises new traders to always trade with real money to understand market psychology, and to read as many books as possible to acquire the mindset of a professional trader.

What is Hamza's current trading strategy?

Hamza's current strategy is based on technical analysis, focusing on candlestick patterns, support and resistance levels, and top-down analysis from weekly to hourly charts.

Outlines

00:00

🌟 Introduction to Hamza's Trading Journey

Manuel Bueno introduces the interview series and welcomes Hamza, a trader from India who has achieved significant success with a single trade, gaining over 10%. Hamza shares his origin from Mumbai and his entry into trading in 2019, initially through EA trading influenced by his cousin brother who worked for a broker. Despite an initial loss of approximately $5,000 due to unfavorable trades by the bot, Hamza remained committed to the market. He began studying candlestick patterns and developing his trading strategy, eventually seeing small profits. However, a news event (NFP) led to significant losses, causing him to reevaluate his approach.

05:00

📈 Learning from Losses and Building Confidence

After losing his initial investment, Hamza continued to engage with the market by paper trading and reading trading books to refine his strategy. He managed to show consistent profits on demo accounts, which built his confidence. Despite facing financial difficulties, he borrowed money from his brother to restart his trading journey. He was determined and confident in his abilities, which led him to successfully return his brother's investment in just one and a half months, marking a significant milestone in his trading career.

10:02

💡 Overcoming Challenges and Finding a Winning Strategy

Despite experiencing a 17-trade winning streak, Hamza faced a devastating loss due to a market event (FOMC), which wiped out his account balance. This setback led him to take a break from active trading and instead work in the Forex industry to gain more market insights. He learned about market movements and psychology, which were crucial for his future success. After four months, he returned with a fresh perspective and a $500 account, focusing on survival and learning rather than profit.

15:06

🚀 Scaling Success with Disciplined Trading

With a renewed approach, Hamza set a goal to survive in the market and grow his account. He implemented a disciplined trading plan, limiting himself to two trades per week with a weekly profit goal. As his account balance increased, so did his weekly target. He avoided emotional trading and focused on strategy and psychology, which eventually led to significant growth in his account.

20:07

🌐 Exploring New Opportunities with Instant Funding

Hamza's friend introduced him to Instant Funding, a new prop firm offering attractive discounts and profit splits. After researching and finding positive reviews, he decided to try it. He started with a $10,000 account and quickly achieved over 10% returns in a single trade, showcasing his trading prowess. He discusses his trading strategy, emphasizing technical analysis, candlestick patterns, and support/resistance levels.

25:10

📚 The Impact of Trading on Personal Growth

Hamza reflects on how trading has transformed him as an individual, making him more patient and psychologically mature. He advises new traders to trade with real money to understand market psychology and to read extensively to develop a professional trader's mindset. His family, initially skeptical, has become supportive of his trading endeavors, and he has used his trading success to reward them.

Keywords

💡Trading

Trading in the context of the video refers to the act of buying and selling financial instruments such as currencies, stocks, or commodities in the financial markets. It is the core activity that the interviewee, Hamza, is engaged in. The video discusses his journey and success in trading, particularly in the Forex market.

💡EA (Expert Advisory)

EA, or Expert Advisory, refers to automated trading systems that follow a predefined set of instructions to execute trades without human intervention. In the script, Hamza initially lost money using an EA, illustrating the challenges that new traders face when relying solely on automated systems.

💡Candlestick patterns

Candlestick patterns are graphical representations of price movements in financial markets, used by traders to analyze market trends and make predictions. Hamza mentions studying these patterns as part of his strategy development, highlighting the importance of technical analysis in trading.

💡Demo account

A demo account is a virtual trading account that allows traders to practice and test their strategies without risking real money. Hamza used a demo account to practice and eventually achieve consistent profits, showcasing the value of paper trading in developing trading skills.

💡News trading

News trading involves making trades based on new economic releases or significant events that can impact financial markets. Hamza mentions that he initially lost money due to news events affecting his trades, indicating the volatility and risk associated with news trading.

💡Liquidity inducement

Liquidity inducement refers to the strategy Hamza used, which likely involves trading during times of high market liquidity, such as when major markets open. This strategy is based on the idea that increased liquidity can provide more reliable price movements.

💡Risk management

Risk management is the process of identifying, evaluating, and mitigating trading risks. Hamza's new strategy of trading only two times a week and setting a weekly profit goal体现了他对风险管理的重视，通过限制交易次数和设定利润目标来控制风险。

💡Psychology

Psychology in trading refers to the emotional and psychological factors that influence trading decisions. Hamza emphasizes that 80% of trading success is due to the right mindset and emotional control, which is crucial for managing the stress and uncertainty inherent in trading.

💡Support and resistance

Support and resistance levels are prices at which an asset's price tends to stop and reverse. Hamza uses these levels to identify potential entry and exit points for trades, demonstrating a common practice in technical analysis to use price history to predict future movements.

💡FOMC (Federal Open Market Committee)

FOMC refers to the committee within the Federal Reserve that determines monetary policy. Hamza mentions losing all his funds during an FOMC announcement, highlighting how significant economic events can lead to large market movements and potential trading opportunities or risks.

💡Prop firm (Proprietary trading firm)

A prop firm is a company that trades its own capital. Hamza's association with instant funding, which is described as a prop firm, indicates his progression from individual trading to potentially being part of a larger trading operation, where he can leverage additional resources and capital.

Highlights

Hamza from Mumbai, India, started trading in 2019 and lost $5,000 in a year.

He got into trading because of his cousin brother, who was his mentor and worked for a broker.

Hamza initially used an EA (Expert Advisory) for trading but it resulted in significant losses.

After losing money, Hamza started reading about Candlestick patterns and developing his strategy.

He made a small profit of $300 in the first month of using the EA, but then lost it all due to a news event.

Hamza believes once you get into the Forex market, there's no going back due to its liquidity.

After blowing his account, Hamza did paper trading for a year to develop his strategy.

He started seeing profits on his demo account after two years of experience.

Hamza invested $100 initially and increased it to $1,800 by borrowing from his brother.

He blew up his account again on a news trading event, leaving him with only $18.

Hamza took a four-month break from trading to work in Forex and learn from market professionals.

After the break, he returned with a $500 account and focused on surviving in the market.

He had a weekly goal of making $50 and would close MetaTrader for the day after two trades.

Hamza's account grew from $500 to $1,300 in three months with his new strategy.

He found success with a strategy focusing on liquidity inducement and trading during specific market hours.

Hamza's family was initially scared of him getting into trading but eventually became supportive.

He advises new traders to always trade with real money to experience the psychological aspects of trading.

Hamza recommends reading books like 'Trading in the Zone' and 'The Candlestick Bible' to develop the right mindset.

He emphasizes the importance of having the right emotions and psychology for successful trading.

Transcripts

hello everybody what's going on trading

world and welcome back to our interview

series my name is Manuel Bueno here with

instant funding and today we're gonna

get to know Hamza he's from India and

he's made over

10% just on one trade and we're super

excited to hear his story let's go meet

him tell us where you're from

and how you got into trading how long

you've been trading

for so basically I'm from Mumbai India

uh I hope you have heard about it so I

got into

trading back in

2019 uh and I was just doing EA trading

uh I got into trading because of my

cousin brother hnen he's like my mentor

he got me into trading and he was

working for a broker as well so he got

me a ea expert advisory bought and I was

trading on that and I lost a lot of

money like I lose around I would say

$5,000 in a year so it was like a tough

year for me and then I started reading

you know Candlestick patterns and

everything going through my strategy and

now I think I have you know made it kind

of made it you obviously you trust him

so you say let's let's do it you put

money in this EA

account and after your first did you get

any profit at all from this account from

the bot the first month I would say it

was uh little profitable like I made

around $300 I made a withdrawal also and

after that there was a news NFP and the

bot was continuously buying on a sell

side position like the market was going

to the downside and he was continuously

placing buy orders okay so I blew my

account you you got a first

withdrawal yeah so

you know for the brain that's oh this is

real you know I can I can take money out

so that was it was at least a little bit

of hope you know this this is not fake

you know it there's something here so

the first year is over I yeah I

personally think if you get into Forex

Market there is no going back like the

liquidity and everything there is no

going back yeah

okay okay so the year ends first year of

the finance Market you can say the bot

blows your account all your money

anything you invested so when this

happens what are you thinking

now uh like I said I I was really

attached to the market and I blew my

account and I didn't had I I went broke

so I was just going through you know

like I was seeing the charts every day I

didn't had money I was doing paper

trading for a year and I was just trying

to create an strategy trying to make out

something out of it and then I started

reading trading related books like which

are available in the markets yeah and I

started seeing a little bit profit on my

demo accounts okay like I was

consistently making around $300 $200 in

a month like okay consistent

consistently on my demo account on on

the demo account okay so this is what

maybe like two years now of experience

yeah okay about two years of

experience the first year bot doesn't

work now you're studying you're demo

trading you're reading you're on the

charts you find the strategy that's

working on your demo account yeah so you

what's the next step from there do you

decide to to put money into your

personal account again and try your new

strategy yeah that that's what I did

okay I got into the markets again and I

was you know investing a lot of money

like I started with $100 like first

initial deposit and then I went till

$1,800 so I was you know lending money

from my elder brother I was asking him

for money because I was you know not

working I was in college back then so I

was asking him for money he gave me

$1,800 and I went till

$3,500 I gave him his ,800 investment

back okay rest rest I blew up again on

news training so okay okay so

when you know asking people for help is

a big

step yeah so when you when you ask for

this help hey help me out you know I've

been studying I know what I'm

doing how were you nervous about that or

were you just fully confident in what

you can

do uh since I was young I've been pretty

confident on my decisions like uh

if I want to do something like I'm very

clear if I'm unsure about it I wouldn't

take that decision so I was pretty

confident about it I just want to do it

okay so confident hey just how how long

did it take you to get his money

back it took me one and a half month I

would say okay and in in this one and a

half month did he ask you about it did

he tell you hey I need I need it back I

need any type of

pressure no he was just asking me

questions like how is it going so far

okay yeah like are you making anything

out of it are you taking any withdrawals

I was like first I'm planning to give

your investment back then I'll think

about the withdrawals because you know

that's a burden to me a few questions

like uh uh like he just said if even if

you blow it it doesn't matter but make

sure you you just you know take your

time don't make any rough decisions

don't be aggressive on it take your time

just do it I don't want my money back

ASAP you can take your time take three

months if you want okay yeah okay okay

so he trusts you you trust yourself so

now you have a nice account you

basically do what

100% And yeah I fli the account in like

one and a half months okay you flip the

account you give him his money back so

I'm sure when this happens right you

feel good you have confident in your in

your skills I did it no more pressure I

got this burden off my

shoulders so what what happens in um I

guess the psychology you can say that

the psychology blow it again yeah

because I was on a 17 trade win

streak man I was on a seven yeah so it

was like a crazy feeling you know like

on a 17 trade winning streak and then it

went literally opposite

so okay I lost all the funds that I had

on fomc the market took a 60 uh like 60

ounce m in uh in like 15 minutes so yeah

so back to

zero back to zero yeah back to zero man

I had $18 on me left with

me you know it it it happens to all of

us right it's almost

it's like you have to go through this

but you just you never get tired of

hearing it you know because it's it's

it's the same thing always and it's like

almost like you just you have to pay the

the tuition of you know blowing these

accounts so now we're what about maybe

two and a half years two full years of

trading experience when this happens I

would say when that happened was one and

a half year back two and a half years I

was into the market so into the market

right right about two and a half years

okay back to zero what do we do

next so after that uh I took a break

again and I started working in Forex

myself how long how long was your

break four months I would say okay yeah

completely or just still looking at

charts or just nothing zero no no first

month like after I the account one month

I was off the charts like I wasn't

seeing the market at all okay because

you know the next day I saw that market

went in my direction like it was doing a

correction and going to my direction so

I was like that's the worst that's the

worst yeah yeah so after that I was like

you know it's not for me because I need

to work on my psychology a little bit

more so I took a break for a month and

then I was on the charts but I wasn't

trading this time not even demo trading

just seeing the charts that's it and

then I Was preparing that I should be

joining a broker like you know I should

be working like my cousin brother

because at work you get to talk to a lot

of Traders when you are working in a

Forex industry you'll get to talk to a

lot of Traders and you can learn a lot

of things and I was a newbie basically

it was like I was 20 year old and I was

just consistently you know I needed to

learn a lot of things in the market so I

took the break I was doing Forex and

there I learned learned a lot of things

like how the market works from the

market perspective like the how does

Market moves like I understood so after

the break I got back four months

later and I opened a $500 account again

okay yeah and how do you after this

break after you know be having more

experience and

everything how did you

feel opening a brand new account

again so uh basically every month I used

to make like it was like a

70210 from my salary 70 I was keeping it

for myself my expensive and everything

20 for the trading account and 10% is

was was my saving okay so I was saving

around $150 every month okay and when it

reached $500 I started trading again

okay that's when you deposited and you

got got a $500 account okay so it's it's

some discipline to get this account so

yeah so how do you 500 account uh right

I you use metatrader maybe you see this

how do you feel now do you think are you

thinking about your mistakes are you

thinking about what you did in the past

are you scared are you uh no news right

what what what changes for this for this

brand new account so basically when I

created the $500 account I had this one

goal in my mind this time I just got to

survive it's not about making profit or

losing you know I just want to stay in

touch with the market learn as much as I

can because even if you trade on a demo

account and when you trade on a real

account it's a lot of difference when

you trade on a demo account there are no

emotions and you know Forex I would say

20% is the strategy 80% is psychology

and emotions

even if you have a right strategy and

you don't have the right emotions and

psychology then you are not going to

make it in the market

because 30 days Market will give in a

month there are like 22 days trading

days and the market will give you chance

for like a week maybe 14 days it's

coming for your money so you got to be

very careful careful with it so yeah

right yeah so then I was just targeting

yeah so sorry yeah so so survive right I

I can blow this account I cannot blow

this so how how is it are you changing

your risk are you changing your lot size

are you how are you attacking this new

plan of of

surviving I made this plan two trades

two just two trades in a week okay and

my weekly goal was $50 if I lose the

first trade I'm not going to over trade

even if it comes to my position again

even if it Market gives me a chance I'll

just close the metat trader app and I

won't see it for the day rest of the day

okay okay so a little bit about your

trading plan are you are you okay with

trading every day right Monday through

Friday or there are some days you don't

trade or you know just how the market

looks so back then my strategy was

different currently my strategy is

different so back then I used to trade

liquidity inducement

okay yeah so uh Indian Standard Time

12:30 when London Market

opens

okay and 11:30 frankfur opens so 11:30

in the morning when frankfur opens

Market will create Asian Range High so

I'll show it to you in the trading later

yeah yeah so I was working on that

strategy and I was making a good profit

from 500 in 3 months I went around 1,300

somewhat okay okay so if did you have

with this you have a weekly what if you

made your $50 for the week would you

would you stop or would you would you

keep

going so my goal was to make $50 in the

beginning when my account went to $800

it changed to $80 in a week okay yeah so

it was exponentially growing because I

didn't wanted to make any withdrawals I

just wanted my account to grow

because once you reach $10,000 $100 a

day it's very easy right and if you see

like in India if you are making $100 in

a day it's you know it's more than

enough not even engineers make that

amount of money so yeah okay so yeah big

okay how you found instant funding what

decided

to to give instant funding a

try so basically my friend samid he told

me about instant funding like we were

sitting and he just came up with this my

friend samit he's also a Trader so okay

you know we are like buddies like we

trade every day on like we trade the

same pairs throughout the week so he

told me that that is a funding like

there is a company instant funding they

are new in the game and they are giving

some nice discounts and everything so I

was like I'll give it a shot and then

when I saw there was a coupon code

called in

ignition and it was like a 90 % profit

split and it was like competitive and

when I went to trust pilot I saw that

you know there are some nice reviews so

I was sure that the companies you know

and when I checked YouTube and

everything I got to know that uh it's

one of the you know best upcoming prop

forms in the game right so I was like

I'll give it a try so far I feel

personally instant funding given me the

fastest withdrawal in the game being y

very honest because I got my withdrawal

within 24 hours not even 24 hours I say

12 hours I yeah

so go back to my instant funding account

yeah very good so show show us your

account a little bit it was uh $10,000

account in the beginning

okay just a

second where do I see my trades uh down

yep

yeah so

this trade I just took for you know the

trade just to complete the trading

days when you buy account when you buy

an account the from your first trade you

have to wait 15 days for your withdrawal

right right so I just took this trade to

start my trading day it was just 19c

duration okay then I took a trade on

Euro USD I made a profit of

$778 so

yeah and after that USD CHF I made a

profit of somewhat around $1,300 and

then

$600 okay these are just small and this

was this was with the the 10K

account yeah so with one trade you made

over over

10% yeah wow okay so I'll show you see

it was a 10K account right uh then I was

see the 10K then I made a $600 trade Y

and then it went directly okay wait then

I scaled up the account right right and

after scaling up I haven't taken a you

know profitable trade yet but currently

right now I'm in a trade so I think it's

going to go up

okay yeah okay so where when you when

you make this over 10%

trade right how

how does it what's going on in your mind

is was is that the biggest amount you've

ever made in one

trade no

okay so not the biggest amount you've

done it before but obviously you know

this is you failed prop from before you

try this one so I'm sure that that gives

you a good feeling right I know what I'm

doing I'm following my Trading

plan you know one year ago I was doing

$50 a week and now I'm making $1,000 in

you know one trade in a single day so it

is such a and especially if it's not the

first time right you're you're you're

doing it somewhat consistently you can

say so how does do you ever sit back and

just you know think about it man one

year ago I was you know asking my

brother for a loan and now you know what

I did in 3 months and in two months I'm

sorry I I did in one day today so how

how does that feel hza you know going

through those

emotions uh it it absolutely feels

amazing my family is pretty confident

about it that I can you

know so when you um did you tell anybody

in your family when you started trading

through three years ago that that you

were going to try this

and yeah you know give it a shot yeah I

was lacking a lot when I was studying

like I'm I couldn't be you know I was

not a scholar or something like that I

was like an average student so I knew if

I had to do something I had to do on my

own like I started very early uh before

Forex I was doing some other stuffs as

well like I was hustling basically Okay

so when I was 17 18 I started hustling

and when I got into Forex there was no

looking back since then I have not you

know been year or there so when I told

my family about it that I'm planning to

start trading they were pretty scared

they were like maybe you can blow your

accounts lose all your savings and all

of that because what they have heard

about trading and there are some scammed

happened when my dad was young in 1992

and then 2000 stock market crashes and

everything so he has seen people go from

a happy life to depression so he was

like if you are getting into it make

sure you have the right mindset when you

do it just be careful like my family I

would say they were scared that's all

okay they're scared but they at the end

of the day they they supported you you

know they tell you just be careful you

know we've seen some stuff in this in

this you know Market in this in this

field just take care of yourself so

that's so that's good cuz you know a lot

of the times especially when our family

doesn't have that background you know is

no don't do it no you know go to school

no that doesn't work that so it it's

good that you had at least in the back

of your head some some support so what

what about now when your parents see how

far you've come you know maybe maybe you

take them out to dinner you know maybe

you buy them something hey Mom you know

this this is from the market you you

know it wasn't how how does the

conversation

change so uh my mom and dad they have

been pretty you know supportive towards

me like since the beginning before

trading also when I was doing other

stuffs as well they have been always

been supportive then they have never

told me like no you can't do that they

have always given they have given me a

push but with some you know some

boundaries to it like if you start this

make sure you don't do this they'll just

you know guide me through it right

whatever they have seen life so now that

they look back into it they are pretty

happy that I made that decision and they

they are happy that they didn't stop me

from doing it right

[Music]

so like a week ago I gifted my dad a

watch so yeah he's pretty happy nice

nice nice I know that's that's an

amazing

feeling yeah so um so show us um your

strategy a little bit how you how you

look at the markets so we can see how

how you trade a little

bit I always trade on H like whenever

I'm using trading view I make sure I'm

on Honda because they don't have the

gaps okay on the charts

yeah is you while we're looking at what

uh USD Canadian is that is that the only

pair you trade or do you do you look at

different

pairs uh basically uh most of the time I

trade trade

miners okay and I still do news trading

but I I feel I've mastered it now so my

current strategy

is can you see all these zones that I

made yep I see

everything yeah so basically my current

strategy

is I trade fully on technical like I

don't use news trading at all if I want

to do news trading that's a different

ball game but if I'm trading currency

pairs then it's all about uh uh

technical like Candlestick patterns

support and resistance all of

that so this is one of the examples that

I'll give these other zones that I have

marked they are supports and resistance

in the market for

example can you see this this line sir

yeah yeah it's a it's a strong

resistance if you can see yeah no matter

how back I go back so I know if the

market touch this point it's going to go

down and there are some other

confluences as well like the round

psychological level the the resistance

is at Round psychological level it's on

900 so I basically entered somewhere

here

okay yeah and the strategy contains a

lot of things for example like if I'm

entering a trade I'll

start top down analysis like I'll start

with the weekly chart weekly I'll mark

the aoi like the zones that I'm

interested like the area of Interest

then I'll come to daily on daily I'll

see a few things like if the market is

bearish or bullish long-term if all

three all of the confluences matches if

the market is on the weekly chart if the

market is bearish on the daily chart if

the market is bearish it's a sign that

the market is bearish in the long time

and I wait for a pullback in the market

I mark this zones place an alert if the

market takes a pullback it creates a

lower high and if the lower high has a

very strong rejection level for example

this as you can

see the

market market overall trend is

bearish the market took a pullback and

it's a Zone it's a heavy Zone

so from these zones I look for a entry

signal so I come to a time frame of 1

hour to 30 30 minutes because uh a daily

resistance the one hour chart has to

respect it because it's a daily

resistance so on a one hour chart I'll

come to the chart and see if there is a

bearish if there are entry signals

basically so if I find a bearish

engulfing or a Evening Star p pattern

that means the market is going to be

bearish so I look for all these

confluences and then I enter a trade so

my entry is somewhere around 900 the

market still there it's going to melt

down to your okay so this this current

strategy that you have now how long have

you been using this strategy for

now uh for a year now okay and this this

is where this is the strategy you you've

found success

for yeah I would say it has made me a

lot of money like okay good money okay

very good very good so two two questions

for

you the first question is in your three

years of trading right your currently

how do you feel it has it has changed

you right as a person and a aside from

Trading right in life maybe skills you

have acquired to help you in in other

places so trading has made me very

patient like I don't lose my patience at

all nowadays like you know because I've

seen the worst

so right right yeah so there is there

and other than that uh my psychology I

think personally like now that I'm 22 23

I would say my brain works like a

40-year old because of trading like the

time that I've spent in the markets it

has you know changed me throughout this

journey like in this three years 3 years

back I was a different person and now I

think I'm a different person right right

right yeah that's uh very um and you

know sometimes you you can only get

patient by you know seeing the crazy

things

and so you now right you've you've been

profitable you found success three years

of

experience somebody new who wants to

start trading right they come to you

they ask you questions what's your your

number one advice if they decide to

start trading uh you can never learn on

paper trading always trade with real

money because like I said 20% is a

strategy 80% is your psychology if you

don't lose money in the market you are

never going to be profitable that's my

number one strategy and secondly I would

say read as much books as you can

related to trading not related to

strategy basically you have to acquire

the mindset of a professional Trader how

you know like for example trading in the

zone it's it's a must read so right yeah

other than then trading in the zone

there are some few other books that I

have read uh Candlestick Bible it's a

mustre as well so all these books have

helped me a lot in my trading

Journey very good very

good Hamza it was it was a pleasure

speaking to you today it was a pleasure

hearing your story I'm sure it's going

to motivate and inspire a lot of people

who see this interview we're super proud

of you here at instant funding

congratulations on your first interview

we know it's the first of

many and we we hope to see you again uh

I would love to see you Manu all right

Hamza you have a good one thank you so

much for your time today bye take care

bye

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