Can I trade if I have a full-time job?

Yes! There are many approaches for how an individual trades depending on their circumstances. It will take you longer than others who have more time to invest in learning but it's not impossible.

How much money can I make?

Potential returns from trading are a factor of just 2 things: 1) Your individual skill set, 2) Your trading account balance. The output of that equation is practically unlimited.

How long will it take to be profitable?

This is down to you, there isn't a set time-frame or 10,000 hours invested and you will achieve profitability, it's about embracing the work, learning from your mistakes, and keep moving forward. Then, one day, it will click, but without action and reflection, you'll be stuck in a loop of drawdown.

Do I need a lot of money to start trading?

No. It's best to invest money you have into education and tools. However, that can get quite costly but this is one of the main reasons I created Meteor Trading, everything you need is here so you can easily total up how much everything will cost you.

Do I need to be good at maths to trade?

Absolutely not. Any maths you do (such as calculating your position size in order to risk 1% per trade) can be done by Magic Keys on your trading platform.

What markets can I trade as a beginner?

Any market. However, I would recommend the most commonly traded forex markets such as EURUSD or GBPUSD due to their low spreads and high volume.

How much time should I spend learning each week?

This is down to your time limits. My ethos is that even if you put in 0.01% you are still making progress. The key is steady practice with quality, not random bursts of quantity with the risk of burnout.

Without an edge, yes. Once you develop an edge, however, trading becomes more like running a casino than playing in one. A casino isn't worried about one lucky spin of the roulette wheel because it knows the odds are stacked in its favour over time. Through the course I recommend, you'll learn how to build that edge. When you combine this with the law of large numbers, risk management, and consistent execution of your trading plan, short-term wins and losses don't matter. Over the long run, the probabilities work in your favour. In other words, you stop being the gambler and become the casino.

What tools do I need to start?

The obvious answer is a computer, good internet connection, and a trading platform. The next step beyond that can be found in the Tools page.

Weekly Overview #6 - Live Trading Results, 1st Week with the New System

Date

November 1st, 2025

Written by

Daniel Griffiths

Hello Traders!

Wow, this week has been a great step forward.

I’ve had a few live trades this week and so far it’s going well. All that matters is that I executed my plan just how I performed it in a backtesting environment. However, I did make some mistakes.

Trading Performance

Monday – 1 loss, 1 missed trade

Tuesday – 3 losses

Wednesday – 1 loss (went against rules)

Thursday – 1 win, 1 no-tag

Friday – No trades

On Monday, I missed a trade. My focus was not on point and I was distracted by stupid things on my phone. This is something I must avoid in the future because this trade was a win – missing this trade has impacted the true performance of the strat.

I also made a mistake on Thursday where I went against my rules. There was a valid trade waiting to be tagged in, my rules say that I need to cancel the order once price reaches my anticipated take profit level (as the trade idea is complete), but I tried to justify why price could still tag me in and continue down. Well…price did tag me in, but then smashed through my stop loss.

So a few mistakes…

This is one reason why you must take your backtesting results with a pinch of salt because a live market (and your own psychology) does have different factors that you cannot take into account when backtesting.

Of course as time goes on, these mistakes will be ironed out of me, but I am sure I will still make them – I’m only human after all!

Despite this, I am still pretty happy with how this week turned out (especially since it’s my first week where I have traded the system live)

Backtesting Progression

This week has not been so good on my backtesting progress.

I have completed a few days worth but nothing up to the standard I want to achieve.

However, there have been 9 trades I have taken so that is a pretty big boost towards my 100 trades goal.

Here’s how my overall data looks now:

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Results measured in R (R = % gained).

The current stats are:

82 total trades
43.9% strike rate
72.8% return

I have also gone over the data I gathered when I had a cold and everything looks okay – no missed trades.

Mindset

I’d say my mindset was pretty balanced this week.

During my losing streak, I was quite strong and able to say to myself, “Remember your profit expectancy, you haven’t lost 2.5% of your balance, you have gained 2.075%.”

(PE = 0.83/2(as I risk 0.5% per trade) = 0.415 x 5 = 2.075)

On the other hand, when it came to my win for the week, my mindset wasn’t so great.

It didn’t help that the night before my winning trade day, I had a pretty bad night’s sleep.

During the trade, I was very nervous and didn’t want to look at my charts, occasionally leaving my desk.

After the result, I was not really invested in looking for more trades, my mind went into relaxation mode.

There was a potential trade idea but fortunately (in relation to how I was acting), the trade was a no-tag.

After this session, I did some backtesting. This is where it gets strange as I still was worried about giving back my live trading gain, IN BACKTESTING!

I rushed through price action and looked for trades in hindsight. Fortunately, I was mentally strong enough to find the losing trade that happened for the day and recorded it in my data sheet.

This just shows that I still have areas to improve – especially when it comes to placing another trade after a win. I have a fear of losing my returns.

This is something I can only really overcome by placing valid trades after a win in a live market. I think I should also pay attention to the wins in backtesting and see how I feel after them.

Trading Corner

This week, I have used a variety of tools.

I used:

TradingView for marking up
FTMO for my challenge (MT4 client included to place trades)
Notion for reviewing
FXReplay for backtesting
Magic Keys for risk management

Pretty much, as I say in the description of the tools page, the tools I use on a daily basis.

Each one has their own purpose for the daily objectives as a full time trader. Make sure to check them out if you want to be on the path to achieve profitable consistency!

My favourite of these tools I use is 100% Magic Keys. Best investment I ever made because it makes placing trades a much easier experience.

Key Takeaway for the Week

This week showed that even if you are as mechanical as possible in a live environment, just how you are in backtesting, the results will likely differ.

However, that is not a reason to feel down about yourself or your strategy, there are tweaks and improvements that you can make to reduce that gap.

Review your performance, keep moving forward.

—

This is the 1st week trading live out of many to come, so make sure you stick around for the journey and share it with someone else who may enjoy it!

If you want to try the tools & course I’ve mentioned for yourself check out the Tools page

(discounts can be found there too 👀)