Will you be our next successful trader?Get funded
Welcome to the next installment of our Trading Success interview series, where we explore the insights and experiences of some of the top traders at True Forex Funds.
In this blog post, we’ll be sharing highlights from our recent video interview with Abdullah, a highly successful trader who has graciously shared their strategies, philosophy, and tips for trading excellence. Get ready to gain valuable knowledge as we dive into their unique approach.
Abdullah, from Uzbekistan, is a business administration student in Seoul, South Korea. He made an exceptionally large profit within only two weeks. Given that he has online classes, he can manage being a full-time student and a full-time trader at the same time.
Two years ago, when he was first introduced to trading by a friend, he didn’t know much about it. After funding his first account and losing it all, he quickly understood how indispensable knowledge is in the field. Watching YouTube videos to learn about trading techniques made him confident enough to refund his account, which he lost again.
After giving himself a break, he could start it all over again with his newly found motivation.
Then I bought a course. Then I started studying because it was not easy, so I understood that after two years, you know.
Then I tried it in forex.” I’d never heard about prop firms before it, which can give me a big amount of money. So I started studying forex…
According to Abdullah, the most important lesson is controlling your emotions. Learning to do so isn’t quite easy. Mistakes hurt, and they can be hard to overcome, but once you develop solid knowledge and a personal strategy, forex trading is a rather convenient way to earn money.
As you know, we human beings don’t want to lose something. But
to understand that in this industry, to understand that you’re going to have losses, is going to take some time. Because this is a mental thing.
For someone who aspires to become a trader, learning is always a must. To understand the industry and to trust your surroundings. To improve your psychology on the market and to gain that experience that will take you further.
Someone who is struggling to make a profit should always learn from their own mistakes. Study their past losses closely to identify their mistakes.
If you don’t have a plan and your risk calculated it’s going to burn you out someday though
Abdullah learned from his mistakes. He is now considered a highly successful trader, however he feels he still has a long way to go.
We hope you’ve enjoyed this sneak peek into our interview with Abdullah, one of the top traders at True Forex Funds. To learn even more, watch the full video interview, which is packed with wisdom and practical advice from a seasoned trading professional.
Don’t miss out – watch the full interview now!