The Trading Pit Interview: Matthias Success as a New Trader!

Matthias Fernholz has quickly made a name for himself with impressive results that caught the attention of The Trading Pit. In a recent The Trading Pit interview, Matthias shared his journey into trading and the practices that led to his rapid success.

Matthias began his trading career last April, attending a workshop with Marcus Schulz at the Volume Trader Academy. Balancing his full-time office job, he quickly immersed himself in trading, transitioning to demo accounts after three months of learning strategies. His perseverance paid off when he took on challenges with The Trading Pit, ultimately succeeding and experiencing the thrill of his first payout.

The Trading Pit Interview: Matthias Success as a New Trader!

“Requesting that first payout was surreal,” Matthias recalled. “When the money hit my bank account, I realized it was real. It’s actually working.”

His interest in the markets has always been strong, driven by curiosity about the forces behind market movements. Despite early setbacks, including losing some of his own money, Matthias opted for structured learning at the academy rather than trial and error.

Now, he primarily trades the S&P 500 and NASDAQ, utilizing a scalping strategy. “I’ve learned that keeping it simple is the best approach—fewer indicators, better results,” he noted, emphasizing the importance of understanding market correlations.

Matthias starts his trading day at 15:30 European time, dedicating the first 30 minutes to market analysis before entering trades. He manages his emotions through discipline, tracking his trades in a diary, and reflecting on his performance to continuously improve.

With a win rate over 70%, Matthias Fernholz is going for continued success as he navigates the dynamic world of trading.

About the Firm

The Trading Pit has the goal of being the new global standard in trading and investing. They equip traders with the knowledge and tools that are necessary to become successful partners of the firm. Their belief is that partnering with traders is the only way to move forward and grow together during the process.

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