My name is Victor and I am from Spain. I am dedicated to trading, which is what
I have been passionate about for 10 years. Also, many people know me
because I also offer training. I'm giving my background because I trade
in front of the students every day demonstrating profitability, and I believe
that's the best way to teach. So I trade, while I teach.
When I'm not teaching, in my free time, what I really like is
traveling and eating well. These are two of the pleasures that
I allow myself whenever I can.
I started in trading, as many people do, looking to
improve financially, or often
it's because we don't like our jobs. In my particular case, like in many
other cases, I prepared myself to trade. I have my university studies and,
additionally, I did a master's degree in Business Administration.
Since I couldn't apply that knowledge, in the end, I opted for
trading, which was really another subject that I was passionate about.
I started in 2010-2011, I don't remember anymore, one of those two years and
I started trading the S&P500, which is a more liquid market. I think it is the best
market to start training for trading. I specialized in price action
and volume. I traded for three years and I started
to be profitable right after.
I couldn't make a living from trading, but I did start being profitable and I started
trading a financial instrument that fits better with what I do,
which is Nasdaq futures. I like it because I believe it has
more movement, it has much more volatility and I think that it is much easier to earn
a few points in a market that moves a lot, rather than in a market
where the ranges are much smaller.
Both markets are insanely good. My strategy is based
on trends, so it's essential in my situation
to wait for the market to start developing a strategy
in order to position myself for the corrections. What I'm trying to do is look
for exhaustion in the correction to be able to join in favor of the trend.
I scalp. I like swing trading,
but I don't do it because scalping fits my personality
a lot more. I have
some limitations, like many traders, and, in my case, it is not letting
the profit run. Therefore, I make them very tight.
I limit the loss a lot and since I'm going to make "early" exits,
I earn a lot in dollars, but I don't let the
profit run in terms of points. Therefore, I adjust the stop a lot.
It is simply a trending system based on price action and
volume. I can say that my greatest trading success is consistency,
because I've never had a really memorable day
to say "oh my, I've made too much money today." There have been many good days,
but I don't have a day that I can especially remember. Maybe I remember
a day where there has been some important or memorable news, but I have not
had results that have taken me on vacation.
Saying "oh my, look how much I have earned today" has never happened.
Let's say I've had a lot of great days, but no 'one day.' And speaking
of my bad days, my worst trading day has been a day that I will never forget.
My biggest loss was €6,000, trading DAX futures,
the German DAX. I was trading as usual, but overconfidence
made me enter with four contracts, instead of entering with one, or two contracts.
Instead of setting a tight stop, I set it at 60 points and with
each point at 100 euros, I lost €6,000. Also, that day I was on my
wedding anniversary with my wife, we were going to go on a trip and those €6,000
ruined it. So hey, how could I forget it?
Why do I like the Gauntlet or the Gauntlet Mini? I think the answer is very
simple: because we don't risk our own capital and because
facing the markets without risking our money is much easier
emotionally. I have always worked with brokers, both Spanish and American,
even with some from another continent, or from another country.
I have had the bad luck of some of the brokers I have worked with going bankrupt,
but since they have been from Spain nothing happens, they give us back the money, but
when they were from another country it has been more complicated. What happens? When we are operating
without risking our own capital, first, it's much calmer, we don't lose.
A bad day is not torture, because we really didn't
lose anything. The most we could lose would be the cost of the
evaluation. Emotionally, it is much easier, that helps a lot. For me,
personally, it's matter of emotional difficulty. When we face the markets
we have to choose between trading in a simulator and live trading.
Therefore, it's much more difficult than trading in a simulator, but it's easier than trading
with our own money and that allows us to obtain, at least in my
case, much better results. In fact, it allows me to trade even more
contracts. I didn't do this when I was trading with my own money. That, to me,
is unbelievable. In addition to the Gauntlet or the Gauntlet Mini,
I received funds with the Gauntlet Mini,
the good thing about it is that you pass the evaluation, you show that you are profitable
in those conditions and then you have an account for which, really, there are no rules that
make us lose the evaluation. They are simple rules, almost like having
your own trading account. The first time I passed the evaluation
I was happy because I had found the money to be able to
trade. It was great. The first time
I heard about Earn2Trade was from my students.
They told me about Earn2Trade, I tried it, I made up my mind, and here
I am. The most important thing is that when we select one of these accounts,
they really fit our trading. For me
they are perfect because since I do scalping, I have no problem.
Even with the drawdown or the daily loss limit, if I get there it is
because it has been a crazy day. With this, I want to say it fits quite a bit. Therefore,
the biggest difficulty that I have been able to find or a mistake that I have been
able to make on some occasion, is wanting to receive funds in the shortest possible
time and talking to my students, this is also something that happens to them.
When they are about to be funded, or if we know that we will
receive funds in 15 days, what happens? We have been trading for 12, 13, 14 days, we want to achieve it
and we forget what we have more days left, or that we can even renew
the subscription and continue without any rush. In that moment many mistakes
are made, anxiety, we set goals that we cannot achieve.
We are the ones who set those goals, we put pressure on ourselves and what
happens? When those expectations
are not matched by our ability,
it's very difficult, or almost impossible.
The hardest part in the last days of the evaluation is that you are about to
get it and in those moments there is much more pressure. Emotionally, we have a
pressure that I always say is what makes us
take a wrong step and do something that we know we don't have to do, like
removing a stop or keep trying. If the market is telling us that
this trade no longer works, or that we have to close it and we continue
to hold on to it, we are breaking our rules by having too many
expectations and putting ourselves under pressure. As I said, you have to
get used to this situation, lower the level, go slower and by "slow"
I mean that nothing happens if we don't win our $200, or the goal we have,
or we end up losing. We must limit the loss even if it costs us, or takes us
a few more days, but the important thing is not to make any mistakes when
we are about to get funded.