Sean Passed with the DFX Strategy!

Sean came to Disciplined FX in 2021 with trading experience (both as a trader and a Forex educator) extending back to the 1990’s.

At this point in his trading, he had seen it all: 

  • Strategies with too many indicators
  • Strategies with unclear price action rules
  • Strategies that focused only on the London session

But while working in IT and needing to manage the duties of a full-time job alongside a trading account, he ran into issues following the majority of strategies that require spending hours of the day or night looking for set-ups. 

He was looking for a strategy that was consistent, sturdy enough to grow an account or pass a trading challenge, but only involved one or two trades per day, if that. He also wanted to be able to trade during the New York session, which better suited his schedule.

Sean tested and went live with the Disciplined FX Scalping Strategy with the intention of becoming a funded trader so that he can eventually leave the corporate world and have an independent life.

What Sean likes about the DFX Scalping Strategy and trading methodology:

  • The strategy is simplified, focuses on basic pairs
  • The trading rules are clear
  • He could continue trading the 5m chart, the timeframe he’s used for years
  • The strategy works
  • The Discord group is friendly and helpful

In the Spring of 2022, Sean signed up for his first prop trading challenge with Fidelcrest. This included a two-part challenge, with the first part requiring a 10% profit and the second part requiring another 10% profit, before becoming fully funded. 

Using the once-per-day DFX Scalping Strategy on the AUD/USD (plus a couple of trades off the EUR/USD), Sean not only passed both the challenge and verification round for his first $50k funded account…

He also passed a SECOND challenge. 

We were so excited to see his post in our Discord group:

fidelcrest challenge passed

After a very enticing and fun 2-hour video chat together, Sean shared with me some of the most important factors that led to his passing multiple prop trading challenges. While prior experience and long-standing discipline with trading helped him follow the strategy to a “T”, he also mentioned these important points that ultimately led him to become a funded trader:

Tips for Becoming a Funded Trader:

  1. Be patient – It’s not helpful to try to force something, be it a trade or a strategy. It’s far better to wait and let the process unfold
  2. Be stable – Stick to the strategy and process. If a signal is missed or if you’re in a hurry, don’t take the trade. (Insight: Stable trading feels boring! Shouldn’t be flying off the handle, on edge, etc.)
  3. Make your own decisions – Trading needs to be about you and your decisions, as well as your confidence and preferred setup. You don’t need to listen to someone for your trades or get caught up in what other people are doing. Stick with what works for you.
  4. Be consistent – If your strategy requires you to be in front of the charts at a certain hour each day, you need to make sure you show up every day. Don’t miss a session.
  5. Don’t waste time licking your wounds – Never get caught up in one trade, short losing streaks can turn around. Just make sure you’re coming to the next session when you’re rested and have a new mindset.

Trading for profit is no joke. Trading to pass a challenge is an even greater feat. Yet not an impossible one. Sean is an exemplary trader and his results are a reminder of the payoff that comes with persistence and patience when trading over the long term. We’re very lucky to have him in the DFX community!