Lessons and Insights
Justin’s journey from psychology to trading underscores the importance of discipline, continuous learning, and adaptability. His background in psychology has given him a unique edge in managing trading psychology, helping him stay disciplined and avoid common pitfalls like overtrading and emotional decision-making.https://www.youtube.com/watch?v=j7Jrbac9NCs
| Field | Details |
|---|---|
| Program | CTI Funded Account |
| Result | PASSED ✅ |
| Total Funding | $75,000 in 3 months |
| Monthly Profit Target | 10% |
| Risk Per Trade | 1% |
| Risk-to-Reward | Up to 1:20 |
| Preferred Assets | US30, AUD/JPY, AUD/CAD, AUD/CHF |
| Trading Hours | New York Open (7 AM – 11 AM) |
| Validation | ✅ Validated by CTI Risk Team |
Justin’s top advice for traders revolves around three key principles
Risk Management: Proper risk management is crucial. Traders should use appropriate risk levels to avoid emotional stress and ensure longevity in the market.
Discipline: Sticking to a well-defined trading plan and not deviating from it, regardless of short-term outcomes, is essential for long-term success.
Belief: It is vital to have confidence in one’s strategy, which is backed by extensive backtesting and validation. Believing in your approach helps maintain consistency and resilience through market fluctuations.
From Behavioral Therapy to Trading
Justin’s career began in the rewarding and challenging field of behavioral therapy, working primarily with the autistic community. He found immense satisfaction in helping individuals and their families navigate the intricacies of autism, providing short-term behavioural therapy and making meaningful differences in their lives. Despite his dedication to psychology, Justin was drawn to the potential of trading, seeking a new challenge and a different kind of fulfilment.
The Trading Journey Begins
In 2017, Justin was introduced to network marketing and financial education programs. His initial exposure to trading came through a network marketing company, which provided signals and financial education. However, the lack of proper risk management guidance, particularly the omission of stop losses, led to inconsistent results and frustration.
Finding a Mentor and Developing a Strategy
Justin’s turning point came when he found a mentor who introduced him to a strategy focused on gold and the US30 index. This mentorship provided a solid foundation, although Justin quickly realized that he needed to adapt the strategy to better suit his psychology. He spent the next few years honing his skills on demo accounts, meticulously studying and backtesting various approaches.
By 2021, Justin had discovered prop firms and began trading live accounts with a more refined strategy. He focused on specific pairs and indices, utilizing a methodical approach that emphasized market structure, risk management, and disciplined execution.
Justin’s Trading Strategy
Justin’s strategy revolves around a break and retrace method, focusing on the New York trading session. He looks for market structure trends, identifies key levels, and waits for precise retracement points to enter trades. His approach is highly mechanical, with specific rules for different pairs and a consistent risk management framework.
For example, in his trades, Justin waits for a break above or below a significant market level, followed by a retracement to a predetermined number of pips or points. He then sets a tight stop loss and aims for a substantial risk-reward ratio, often targeting a 1:20 risk-reward ratio, although he typically takes profit at more conservative levels to ensure consistency.
Looking Ahead
Justin’s goals include continually scaling his funded accounts, aiming to achieve higher funding levels and consistent profitability. He remains committed to both his trading career and his work in behavioral therapy, balancing both passions effectively.
