Celebrating Success: Thabiso Trader with FundedNext- Insights!

In an exclusive interview on his 26th birthday, Thabiso Cele, a dedicated full-time trader with FundedNext, shared valuable insights into his trading journey and strategies that have propelled him to success.

Thabiso, known in the trading community for his adept skills, highlighted his focus on gold and the US30 index, categorizing himself under commodities trading. Reflecting on his three-year trading career that began in 2020, Thabiso emphasized being fully committed to trading, having moved away from traditional employment or academic pursuits.

The interview touched upon his recent celebrations following the rugby match victory, showcasing the trader’s diverse interests beyond the trading markets.

Celebrating Success: Thabiso Trader with FundedNext, Shares Insights

When asked about his preferred trading session, Thabiso revealed a preference for the London session, citing its volatility compared to New York. He described himself as a day trader with an average hold time of three to four hours, indicating a deliberate approach to market dynamics.

Thabiso delved into his trading strategy, identifying as a supply and demand trader. He explained his meticulous analysis process, starting from high timeframes for sentiment and trend identification and descending to lower timeframes for precise entries. Thabiso emphasized the importance of high timeframe analysis in shaping his overall trade direction.

The trader generously shared details of his trades, showcasing both successes and setbacks. He illustrated instances of recognizing trend reversals, waiting for specific price structures, and executing trades based on well-defined risk management principles. Thabiso pointed out that while his win rate hovers around 57%, he places a greater emphasis on risk-to-reward ratios to ensure overall profitability.

Addressing risk management, Thabiso acknowledged the importance of keeping initial risk low, especially when starting a funded account. He plans to readjust his risk management strategy to allocate 0.5% to 1% per trade, reserving the option to increase it to 2% in profitable scenarios.

Summary of the News

Thabiso Cele, a dedicated full-time trader with FundedNext, shared insights into his trading journey and strategies on his 26th birthday. Specializing in gold and the US30 index, he emphasized his commitment to trading over the past three years. Acknowledging the importance of starting with low initial risk, he plans to readjust his risk management strategy for funded accounts, reflecting his continuous pursuit of success in the trading world.

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