Green is a legendary trader who has increased his capital at a pace of 1000% each year on average in the past year. He documents his progress on Instagram under the handle 1y10kto100k, where he has already demonstrated his skill. In this first public interview with Green, who has made few public references to investment deals, Indexinvestingnews reveals the investment philosophy and methodology behind his legendary story.
Transcript of Interview
Indexinvestingnews: Hi, could you introduce yourself a little bit?
Green: You can call me Green . For approximately five years, I’ve been a forex trader.
Indexinvestingnews: Why did you choose to trade forex? How has your experience in forex trading been?
Green: I was deeply moved by the timeless adage “Money never sleeps” after viewing the movie “Wall Street,” which sparked my interest in the financial markets. At first, I was focused on finding a straightforward way to profit from the market’s fluctuations, and I failed to appreciate the significance of the risk. From my experience, the only way to consistently outperform the competition is to take calculated risks while trading and learn to embrace setbacks. You can’t achieve success without first encountering and learning from failure. I am a professional scalper. I use daily charts to see trends, hourly and four-hourly charts for fundamental technical analysis, and shorter-timeframe charts (as short as 15 minutes) to time my entries. My target profit per transaction is 20-50 pips, and I don’t care if I gain or lose money daily. The monthly return is all that matters to me.
Indexinvestingnews: Could you tell us your preferred trading strategy with us?
Green: I didn’t use EMA, K-lines, or other indications. Only price action, trend lines, support/resistance levels, and the daily axis points are used in my trading, with certain Fibonacci levels used for confirmation. When investing, “volatility” is your enemy, but the trend is your best friend. Pay close attention to the strength of the trend. For myself, I like to “go long” or ride the trend rather than “go short” when possible. I prefer shorting to longing if the trend is falling. If your trend is right, but your entry position is poor, you can still make money on the third day by hedging your position and reentering at a better price. You’re just wasting time, not money.
Indexinvestingnews: Could you please explain 1Y10KTO100K and 1Y100KTO1M?
Green: The challenge I gave myself was to make $100,000 in a year from $10,000, and I completed it in 297 days. This year I decided to give myself the 1Y1M challenge: with $100,000 in starting cash, I have to make $1,000,000 in a year. I upload all my results to my Instagram, whether I’m losing or making money, I want to progress myself by keeping a public record, it’s kind of a mental exercise for me.
Indexinvestingnews: Is there anything else you would like to say to your fellow investors about trading?
Green: Traders generally suffer from fear of missing out. They keep psyching themselves out and telling themselves that entering the market too late is a total “fear of missing out”, a lack of self-control. Placing an order is all that’s going on in their mind. Worrying over missing out on a single deal only leads to a humiliating cycle of nonstop trading and losses. Never go to a stage where the direction of the transaction is unclear or where you are unsure or unclear about yourself . Successful traders must be able to “wait” for opportunities.
