In a recent TFT interview, get to know Nhân who’s a successful trader with over $25,000 in payouts.
In a recent TFT interview, get to know Nhân who’s a successful trader with over $25,000 in payouts.
In a recent interview with The Funded Trader (TFT), Nhân, a successful trader with over $25,000 in payouts and a funded account of $400,000, opened up about his remarkable journey in the world of trading.
Nhân delved into his introduction to trading, tracing it back to 2015 during his time in the military. Initially drawn to cryptocurrencies, Nhân’s journey took a turn towards options trading when he saw the potential for greater returns. Reflecting on his early experiences, Nhân admitted to trading based on feelings and sentiments, often resulting in losses.
However, about two years ago, Nhân experienced a turning point in his trading approach. He emphasized the importance of analyzing charts systematically, recognizing patterns, and understanding the psychological aspect of trading. Nhân acknowledged that trading is 90% psychology, a facet he works diligently to improve.
During the interview, Nhân shared key elements of his trading strategy. He highlighted his focus on basic chart patterns such as ascending and descending wedges. Nhân demonstrated his approach using TradingView, explaining how he identifies entry points based on trendline breaks and patterns. He incorporates support and resistance, supply and demand, and utilizes indicators like the 20 and 50 moving averages.
Discussing risk management, Nhân revealed his reliance on mental stop losses, adjusting lot sizes based on his confidence in a trade. He stressed the importance of understanding the market structure and having a clear exit strategy. Nhân also utilizes tools like the Lux algo indicator and an order book to enhance his trading decisions.
Nhân admitted that the psychological aspect of trading remains his primary challenge. He shared personal experiences of dealing with FOMO and the impact of consecutive losses on his trading psyche. Nhân emphasized the need to treat trading as a business, maintain discipline, and learn from every trade.
Here is the Full Interview:
The Funded Trader follows the belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.
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