{"id":638464,"date":"2024-08-16T15:30:02","date_gmt":"2024-08-16T13:30:02","guid":{"rendered":"https:\/\/ftmo.com\/?p=638464"},"modified":"2024-08-16T15:59:34","modified_gmt":"2024-08-16T13:59:34","slug":"top-ftmo-trader-daisy-i-do-not-have-to-force-the-trades","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/top-ftmo-trader-daisy-i-do-not-have-to-force-the-trades\/","title":{"rendered":"TOP FTMO Trader Daisy: \u201cI do not have to force the trades\u201c"},"content":{"rendered":"

In the next part of the series on successful FTMO Traders with above average profits or consistent results, we will look at the approach of trader Daisy from Kenya.<\/em><\/p>\n

Daisy became interested in forex trading in 2019 and has been trading since 2020. The possibility of interesting returns intrigued her greatly and as a result, she invested in a company that traded on forex. Unfortunately, the company turned out to be a scam and Daisy lost all the money she invested.<\/p>\n

This experience, however, made her become much more interested in forex, she started to educate herself, watched videos about forex for several hours a day, etc. However, like many beginners, she found that it is not as easy as it seems at first glance because<\/a> she tried too many strategies. This journey has been really challenging for her and much longer than she expected, but in the end, she has found an approach that suits her.<\/p>\n

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One pair is quite enough<\/h2>\n

Today she is trading exclusively the currency pair GBPJPY, which best suits her trading style. Even though she had more instruments to choose from, the amount of trading opportunities she had on a daily basis was more of a burden for her. Thus, one pair is much more advantageous for her from a risk management perspective and she can focus on it fully.<\/p>\n

She chose the GBPJPY pair because of its volatility and the time period in which she trades, with her strategy giving good results on this pair. This is because she usually trades when the London market is open and partly during the New York session.<\/p>\n

Focused on technique<\/h2>\n

Daisy focuses mainly on technical analysis and only follows the most important macro data that could have a strong impact on what is happening in the markets. This then allows her to adjust her positions in a way that does not negatively impact her results.<\/p>\n

She is a classic intraday trader, so she does not keep positions open overnight. She uses top-down analysis, so she first looks at a 4-hour chart to decide whether to enter the market, looking at the market structure, whether the market is trending or range bound, etc.<\/p>\n