In an enlightening interview, Thabiso Cele, a distinguished trader with FundedNext, offers an in-depth look into the strategies that have propelled him to success in the trading arena. Celebrating his 26th birthday, Thabiso, from Johannesburg, South Africa, has been making waves as a full-time trader, focusing on commodities and indices.
Thabiso’s Trading Philosophy
Identifying as a day trader, Thabiso prefers trading gold and the US30 index during the London session, capitalizing on their volatility. His trading approach is rooted in supply and demand principles, with a keen emphasis on high timeframe analysis to grasp the market’s overall sentiment.
Key Strategies and Risk Management
By marking key levels on weekly charts and employing trendline analysis on smaller timeframes, Thabiso ensures his trading decisions are well-informed. His commitment to a disciplined risk management strategy, risking 1% to 2% per trade, underscores his prudent approach to trading.
Although challenges such as reversals and the psychological impact of break-even trades have tested him, Thabiso maintains a consistent risk-reward ratio of at least 1:3. Trading exclusively on MT5 with FundedNext, he praises the platform for its compatibility with his trading preferences, especially for gold.
Future Aspirations
Looking forward, Thabiso is focused on refining his risk management techniques and honing his psychological resilience to navigate the complexities of the market more effectively. His story is a testament to the dedication required to excel in the competitive world of trading.
About FundedNext
FundedNext is renowned for its trader-centric approach, offering:
- A 15% profit split during evaluation stages and up to 90% thereafter.
- Profit sharing, even in cases of account breaches.
- No restrictions on trading styles, accommodating various strategies.
- Permission for overnight and weekend holding, adding flexibility.
- A scaling account option for growth-oriented traders.
- Leverage of up to 1:100, facilitating a broad range of trading activities.
Thabiso Cele’s journey with FundedNext is a source of inspiration for aspiring traders, demonstrating the importance of strategy, risk management, and psychological fortitude in achieving trading success.
