In an illuminating interview with FundedNext, Tshepiso Sabela, a skilled trader from Johannesburg, South Africa, unveils the strategies that have shaped his successful trading career. With four years of experience under his belt and a recent partnership with FundedNext, Sabela’s insights offer a valuable perspective on achieving profitability in trading.
From Personal Funds to Proprietary Success
Beginning his trading voyage in late 2024, Sabela navigated through the complexities of the market by initially trading with his own funds and engaging with other proprietary firms. After a brief hiatus, he resumed his trading career with FundedNext in February, attributing a significant part of his success to the innovative Express model provided by the firm.
Sabela’s Trading Blueprint
Focusing on NAS100 and US30, Sabela identifies as a part-time trader with a penchant for systematic strategies. He leverages St RSI and Stochastic indicators to meticulously analyze market structures and trends. His trading discipline is rooted in patience, waiting for clear signals of oversold or overbought conditions across his preferred timeframes of 1 hour and 4 hours, often allowing his trades to mature overnight.
Sabela’s recent trading performance on his FundedNext accounts underscores his efficient approach, achieving a 2% profit on one account and a remarkable 6% profit on another within a mere five days. His objective is to maintain a steady monthly gain of 5-15%, demonstrating a commitment to a methodical and risk-aware trading methodology.
Advocating for Prudent Risk Management
Adopting a tiered risk management strategy, Sabela initiates trades with a 1% risk, ready to adjust his position should the market move against him, yet always mindful of the overarching importance of safeguarding his capital. His approach ensures that successful trades consistently outpace the losses, maintaining a healthy risk-reward balance.
Sabela advises fellow traders to set realistic expectations and prioritize consistent growth over quick gains. He warns against the allure of social media-promoted trading myths, advocating for a focused and personal development path in trading.
About FundedNext
FundedNext is renowned for its supportive trading environment, offering:
- Scaling account options for growth-oriented traders.
- Leverage of 1:100, enabling traders to maximize their market exposure.
- Swap-free accounts with raw spreads, catering to a variety of trading preferences.
- A diverse selection of trading instruments, including forex pairs, commodities, and indices.
- The advantage of no commission costs on indices, enhancing profitability.
- Access to free trading psychologists, supporting traders in maintaining mental resilience.
Through Sabela’s narrative, FundedNext showcases its commitment to empowering traders with the tools, strategies, and support necessary to navigate the markets successfully.
