Prabesh Khatri
Prabesh Khatri is a 19-year-old gold trader from Nepal who blew four funded accounts on a single copier trade before discipline turned his edge into consistency. Here is his story, in his own words.
My name is Prabesh Khatri. I’m a 19-year-old trader from Nepal, and I’ve been trading for two years now, focusing mostly on gold, forex and some cryptocurrencies. Most of my experience has been built on prop firm accounts.
Becoming a funded trader completely changed my mindset. Before that, I was obsessed with passing the challenge rules. Once I secured funding, my focus shifted entirely to preserving capital – I learned that making profits consistently is what truly matters, not making a huge amount from a single trade.
The first thing that made me think “this is actually working” was getting funded accounts and premium trading tools. That moment made me realise that if I stayed focused, this could actually become a viable business.
I failed several times before becoming funded, and each failure taught me something valuable that made me a better trader. It taught me to be patient, disciplined and strict with my risk. What kept me going was a deep conviction in my strategy – I knew I wasn’t losing because the strategy was wrong, but because I wasn’t executing it correctly.
The most expensive lesson I’ve learned cost me about $400. I made the mistake of connecting four different prop accounts to the same trade-copier strategy, and I lost all four accounts in a single trade. It was a brutal lesson in leverage, and in how quickly things can go from potential gains to absolute losses.
My darkest point was when I blew up my funded accounts. What made it so frustrating was knowing the losses happened because I wasn’t following my own rules – not because my strategy was wrong. I thought about taking a break, but never about quitting completely. I knew I just needed to work on my psychological discipline.
Trading definitely affected my emotional well-being. It thoroughly tested my patience and stability – I dealt with stress, revenge trading, FOMO and intense self-doubt after a run of losses. Those experiences taught me that controlling my emotions is just as important as analysing the markets.
My trading style is mostly price action and liquidity on gold. I always start with the day’s high and low, because those areas usually hold a large pool of liquidity resting above or below them. Then I wait patiently for price to reach one of those levels, and I only enter if I get a strong confirmation signal. I set my stop loss tightly above the high or low of that signal, and my target is usually the next major swing high or low. I’m highly selective – if there’s no clear setup, I simply don’t trade.
My day starts with the economic calendar, checking for any high-impact news that could move the markets. Then I mark the day’s high and low and read the current market structure. During the London and New York sessions I wait patiently for my setup, and I won’t enter unless my exact conditions are met. After every trade I review it, note what I could have done better, and write it down in my journal.
In a recent losing trade I took a gold position after a liquidity sweep, but I jumped in too early without waiting for proper confirmation. Right after I entered, price pushed back, hit my stop, and then immediately went in the direction I’d originally intended. It was a sharp reminder to wait for absolute confirmation rather than trying to anticipate the move.
One popular piece of advice I don’t follow is to “trade every day.” I don’t believe you need to be in the market every single day to make money. In fact, some of my best and most profitable decisions have been not taking any trades, simply because there wasn’t a high-quality setup.
Most people in my life don’t truly understand what professional trading involves. Some think it’s gambling, others think it’s an easy get-rich-quick scheme. My family supports me, but most outsiders only see the final results – they don’t see the years of hard work, isolation and strict discipline it takes to get here.
Trading has transformed me into a more disciplined, patient and emotionally controlled person. It has taught me to think long-term and to make decisions based on calculated risk management rather than raw impulse.
What makes me different from someone who quit after their first failed challenge is my willingness to keep learning from my mistakes instead of blaming the market or external factors. I don’t claim any special talent – I just refuse to give up, and I’ve built the hard discipline it takes to follow my plan. If I could advise myself a year ago, I’d say: trust your process, let go of getting rich quick, stick to your risk rules without exception, and remember that real consistency shows up over hundreds of trades, not a few lucky wins.
If every prop firm disappeared tomorrow, I’d still be a trader. I’d keep trading my own capital while building businesses and exploring other investments. Prop firms have been an amazing tool to grow my capital and skills, but my ultimate goal has always been to become independently and consistently profitable. And if someone handed me a $1,000,000 funded account today, honestly nothing would change – same strategy, same risk parameters, same execution rules. The capital size changes, but the process stays the same.
About the writer – Prabesh Khatri
Prabesh Khatri is a 19-year-old trader from Nepal who trades gold using price action and liquidity, built around the day’s high and low, confirmation entries and tight risk. He has spent two years developing his edge, mostly on prop firm accounts, and got funded across Atlas Funded and FundedNext. After losing four accounts on a single copier trade, he rebuilt his approach around discipline, patience and capital preservation.
