Sanjeev S

📈 Trader
🧠 Performance Coach
🎙️ Host of @PropFirmTrader

Sharing lessons that trading taught me the hard way 👇

[Sanjeev S @TradingInTheNow]

I made no meaningful progress for the first 6 years of my trading.
What did I finally do that started my upward trajectory?

This is the ONLY shortcut you need 👇🧵

[Sanjeev S @TradingInTheNow]

@BillionzZeal It’s clear buying another account doesn’t fix it - so what have you done specifically to help you get better at sitting on your hands?

[Sanjeev S @TradingInTheNow]

Trading will push you to the limits before you find your path to success..

[Sanjeev S @TradingInTheNow]

For most traders, patience doesn't come naturally.
It feels like not working.

But trading is not a job.
It's a business.

Sitting out doesn't increase revenue.
It reduces unnecessary expenses.

[Sanjeev S @TradingInTheNow]

I feel like the sentiment in crypto has hit a real low.
At least my algorithm is feeding me a lot of bearish perspectives..

..Bottom coming soon?

[Sanjeev S @TradingInTheNow]

The hard part about trading isn't the analysis.

Truthfully, I think you can teach a monkey to draw up an order block or FVG.

The harder part is behaving consistently once money gets involved.

Can you take the same setup after it just lost money?
Can you keep your risk consistent when losing/winning?
Can you sit on your hands when conditions don't suit your edge?

This is where most people fall apart - not because they don't know what to do, but because having consistent behaviour around money is a completely different skill.

[Sanjeev S @TradingInTheNow]

The stop loss is not the problem, it’s your need to be right which destroys consistency..

[Sanjeev S @TradingInTheNow]

@lordzitu This is the mindset to have 🧠

[Sanjeev S @TradingInTheNow]

A controlled loss is part of your job.

But most traders still react to it like something went wrong..

[Sanjeev S @TradingInTheNow]

@DavidPerkFX Always value transparency!
Judging by your track record, the bounce-back will be strong!

[Sanjeev S @TradingInTheNow]

| April & May |

Yeah, I got busy and haven't updated this in a little while..
Picking this up from where we left off!

April: -3.3%
May: -3.7%

Not the way I envisioned kicking off my record with Darwinex, but it's all about that long game!

April was a mixture of conditions, just not being great, and getting unlucky on a few things.

In May, I honestly had very few opportunities.
I've been sitting in my most recent swing trade for 3 weeks now.

---

Despite the lacklustre outcomes, the performance has been fine.

I've said many times, my data shows me 1-3 months of drawdown is fairly typical at a time.

I'm willing to risk 2% per trade so risk has been managed and is very easily recoverable.

Again, the old me would have panicked in situations like this.
Now, I trust my data and continue to pull the trigger when an opportunity presents.

---

Now that my Darwinex is underway, I will continue to share updates on my swing approach at the close of every month.

In the meantime, I'm going to start testing the water back with a more intraday-focused approach for something that is far more prop firm friendly.

I find my swing strategy just does not thrive in the majority of firms' rules.
I don't blame the firms - it's just a sign for me to play the game better.

Will pick up some challenges this month and continue to document and share the process.
Pass/fail quickly is still the goal and hopefully, do it in a way this time that bears more fruit.

Let's see how we go!

[Sanjeev S @TradingInTheNow]

| April W4 |

Closing the week -1.16%
Month is currently sitting at -0.51%

Frustrating week for me, if I'm honest.
Will share a snapshot of a couple of the trades closed this week below to explain..

---

GBPJPY
I was averaging in and building a short position on this from last week.
Honestly, the weekly chart looked convincing to me here to see this come off a little and profit on the way down.

This week obviously had different plans.
Got tapped out on my trailing stop as price retraced back up this week.

I have a pattern where on certain positions, when I'm in them for longer than a week, I tend to get invested in wanting to see them work - definitely happened here.

Got tapped out for a -0.8% loss and then watched price immediately drop, which triggered me.

Fell back on data which suggested that there's only a 13% chance that if GBPJPY prints a new high of the week on Thursday, it's unlikely it will close bearish, which honestly kept me out of doing something silly.

I'm not betting money on a 13% chance of being right - at least not without big R:R stacked in my favour, which this wasn't.

Annoying, yes, but did I regulate the emotion and stick to my plan?
Also yes.

USDCAD
Was building a long position in this over the space of the week and closed out for a small loss on Friday.

Honestly, I still like this for a potential play to the upside and had there not been war ongoing and a lot of uncertainty with oil, I probably would have had more conviction to hold this over the weekend.

One which I may start to work into again from next week depending where we open but for now, out with a -0.3% loss.

---

Holding one swing play going into next week which I will share more on once closed.

On a positive note, Darwinex has completed it's calibration and my Darwin should be created tomorrow I believe.
The long-term track record will finally be underway.

Likely to end this month in a loss but I did everything right.

Onto the final week 🫡

[Sanjeev S @TradingInTheNow]

@LessIsMoreTrdr Trying to be a driver for more transparency in the space 🙏

[Sanjeev S @TradingInTheNow]

I'm in drawdown, and to be honest, it f**king sucks

But you don't become a profitable trader by never experiencing losses, drawdown, and long losing streaks

You become one through knowing how to deal with it

And if you want to learn my top 3 ways to overcome this every time, check out my latest episode of Off The Charts 🧵 👇️

[Sanjeev S @TradingInTheNow]

@propfilmtrader Thank you bro - honestly that means a lot to me 🙏

[Sanjeev S @TradingInTheNow]

https://t.co/yGPvDLxnka

[Sanjeev S @TradingInTheNow]

@kritantagg98 Couldn't agree more!

[Sanjeev S @TradingInTheNow]

An edge can only be found over a large sample size of data.

Most traders change their strategy before they've spent enough time to understand what normal actually looks like.

Strategy hopping might feel like you're refining - but it doesn't always get you closer to consistency.

[Sanjeev S @TradingInTheNow]

@Mr_swotfx 100%
Maintaining a clear mind under pressure is a skill in itself.

[Sanjeev S @TradingInTheNow]

The first loss is rarely the problem.

It's your reaction to it which does the damage.

[Sanjeev S @TradingInTheNow]

@forex_lozz That mental expectation is everything.

Better expectations always lead to better emotional reactions.

When the mind is not surprised, it has more time to act logically instead of impulsively.

[Sanjeev S @TradingInTheNow]

@RiddleSphere This is a great way of thinking about it!

Love this.

[Sanjeev S @TradingInTheNow]

Strategy hopping the moment you hit a rough patch feels productive - but it just resets a clock.

This is especially true if your edge is heavily technical.

Every new strategy or method of analysis feels like it could be the piece of the missing puzzle.

The problem is none of that creates the one thing traders need - enough data to understand what 'normal' looks like.

Every strategy will experience drawdown.
It's part of variance.
Your edge just goes cold for a while.

Some traders don't fail because they picked a terrible strategy - they fail because they never stick with one long enough to separate randomness and probability.