18 March, 2025
At 18, I watched The Wolf of Wall Street for the first time, and it completely changed my perspective on making money. The idea of generating wealth through stocks and shares captivated me, and I dove headfirst into learning about the markets. However, I quickly realized that traditional stock investing wasn’t for me. The returns weren’t as high as I expected, and the time it took to see significant gains didn’t align with the fast-paced world I envisioned.
That’s when I discovered forex. I stumbled upon forex trading through YouTube and found traders like Adam Khoo, who broke down the basics of support and resistance, technical analysis, and risk management. I became obsessed with learning, watching countless videos and studying charts every day.
Forex trading isn’t just about numbers and charts—it’s a mental game. The biggest struggles I faced were psychological: overtrading, revenge trading, and impulsive decision-making. I can’t count the number of times I took unnecessary trades just to “make back” what I lost, only to dig myself deeper into a hole. It wasn’t until I mastered emotional discipline and stuck to a solid strategy that I started seeing real success.
One of the most memorable moments in my trading journey was my first big win—a 10% return on a single trade. It was a 12RR setup, where I used a top-down analysis approach, entering on the lower time frames while targeting a higher timeframe take-profit. Seeing that trade play out exactly as planned was the moment I realized forex had the potential to change my life.
On the flip side, my biggest loss came during the pandemic. I had a long position on gold, confident in its bullish momentum, but the market had other plans. A sudden depreciation in gold’s value caused the price to slip past my stop-loss, putting me in a deeper drawdown than I had ever experienced. That trade taught me a crucial lesson—risk management is everything.
Luke Gravelle
Luke Gravelle
Luke Gravelle
Trade smarter, Grow faster
