In the latest interview, Leveraged trader Deepak has shared his trading journey after securing his first-ever payout from a proprietary trading firm, describing years of losses, a renewed commitment to trading, and the risk-management changes that helped him achieve greater consistency.
During a success interview with Leveraged head coach Anna, Deepak, 48, explained that his interest in trading began decades ago. In his 20s, he entered trading after hearing about the possibility of becoming a millionaire, taking out loans before ultimately losing the money.
After repaying the loans with help from his father, Deepak stepped away from trading for around 25 years. He returned to the markets after his children grew older, saying that his previous passion for trading had never completely disappeared.
Deepak said he became particularly interested in gold, describing the asset as highly volatile and challenging. However, repeated losses and blown accounts eventually forced him to reconsider his approach to trading.
Leveraged Deepak Shares His Trading Journey in New Interview
According to Deepak, risk management became the biggest turning point in his development as a trader. He said that he previously held losing positions while hoping that the market would reverse. His approach has since changed, with greater emphasis on protecting capital and accepting losses when his trading setup is invalidated.
“Protecting my capital is my number one job,” Deepak said during the interview, explaining that generating profits has become secondary to avoiding significant losses.
Deepak also discussed his experience with Leveraged, saying he initially started with the firm’s Turbo program. He highlighted the platform’s MT5 offering and said that some of the firm’s trading rules, including the requirement to hold trades for at least two minutes, initially appeared restrictive but later became useful for encouraging more deliberate trading decisions.
The trader also discussed Leveraged’s risk interview process. He initially worried that the request for an interview could affect his payout, but said the conversation with the firm’s risk team ultimately focused on verifying his trading activity and strategies.
Deepak also shared his perspective on the firm’s consistency requirement. Rather than attempting to generate large profits in a single session, he said he prefers targeting smaller daily gains, which he believes makes managing the consistency requirement more straightforward.
The highlight of the interview came when Deepak described receiving his first payout. He requested almost $3,000 through crypto at around 12:30 a.m. and said the payout was available the following morning.
“I was jumping with joy the next morning,” Deepak said.
Rather than using the payout primarily for personal spending, Deepak said he planned to reinvest a significant portion into additional trading accounts and continue scaling his trading activity.
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