In a recent FundedNext exclusive interview, Tshepiso Sabela, a seasoned trader hailing from Johannesburg, South Africa, revealed the secrets behind his success in the world of trading. Sabela, who has been trading for four years and recently joined FundedNext, shared his journey and strategies that have led to profitable outcomes.
Starting his trading career in late 2019, Sabela initially traded his own funds and even explored trading for other proprietary firms. However, faced with challenges, he took a hiatus. His return to trading was marked by joining FundedNext in February of this year, where he credits the unique Express model for significantly boosting his profitability.
FundedNext Trader Tshepiso Interview
Sabela’s preferred assets are NAS100 and US30, and he identifies himself as a part-time trader. Emphasizing a systematic approach, he follows a specific setup involving St RSI and Stochastic indicators, focusing on market structure and trend alignment.
The trader revealed his systematic strategy, emphasizing patience and discipline. Sabela waits for specific conditions, using indicators to determine oversold or overbought situations. His preferred time frames are 1 hour and 4 hours, and he often holds trades overnight.
Sabela graciously shared insights into his FundedNext accounts. Despite a recent lack of setups, his diligent approach resulted in a 2% profit on one account and an impressive 6% profit on another within just five days of trading. Sabela aims for a steady 5-15% monthly gain, showcasing a methodical and calculated approach.
When it comes to risk management, Sabela practices a tiered approach. He typically enters trades with a 1% risk, adding more if the trade goes against him but maintaining a cautious mindset. His risk-reward ratio ensures that winning trades yield more significant profits than losses.
Sabela urges fellow traders to avoid greed, emphasizing the importance of realistic goals and steady growth. He cautions against following unrealistic expectations set by social media influencers and encourages traders to focus on their individual progress.
Here is the full interview:
About the Firm
Here are some interesting facts about the firm:
- Scaling account option
- Leverage 1:100
- Swap-free accounts with raw spreads
- A large variety of trading instruments (forex pairs, commodities, indices)
- No commission costs on indices
- Free trading psychologists