Alpha Capital Group is a proprietary company. It became a legal entity on November 2, 2021. They have offices in London, the United Kingdom. Traders can work with capital up to $2,000,000 and receive 80% profit splits through the prop firm. The business has a 4.6/5 rating on Trustpilot, which is very good. They provide 1:100 leverage and a trading dashboard for professionals.
Alpha Capital Group Trader Interview
Alpha Capital Group shared an interview with Pilot Botond. He started trading in 2007 and was in finance before becoming a pilot. When the markets crashed in 2008, he lost a lot of money and decided to become a pilot instead. He was locked up for several days and faced the choice of committing suicide or looking for a way to make money. Botond decided to look into trading and went from 600 to 6 and a half thousand in two months, proving to himself that it was possible.
He has learned that mindset is a crucial component of trading and that it is mindset-based rather than skill-based. He has undergone significant change in the past two years resulting in numerous job resignations and one death. These last two years have been gloomy and miserable times.
Botond uses two approaches when trading forex:
- First approach: pure price action, which involves waiting for signals to appear
- The second approach involves drawing a resistance line from the daily and weekly charts to risk five points and make twenty.
Botond is trying to reduce his trading over the coming weeks and months, but it is pointless and gives away his profits. He tries to stay out of the market when the news comes out. As if he is already in the position and making a good profit, so he doesn’t care. If he is only 20 pips in plus, he is trying to get out of the position before the news comes out.
He wants to reduce his trading to a few daily trades and go full-time. He wants to learn from a coworker who teaches him about funded trading. Botond wants to live a lifestyle that involves waking up, being there for the kids, and trading when the market opens for one or two hours each day.
A love for charts, a desire to learn, and the capacity to be mentally ready to lose are traits of a trader. Since there is no security, these characteristics are crucial for successful trading.
For the full interview with the Alpha Capital Group, click the link below:
If you want to trade with them, don’t forget to use our discount code (FOREXPROPREVIEWS) for a massive 15% discount.
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