“Don’t focus on the money; focus on the good trade.”
Vince O, 33 years old, From the U.S.
Vince has successfully passed our Extra Buying Power program and is now one of TTP’s $160K funded traders, or as we call it, he is a true “Stock Star.”
Every time he reaches 5 consecutive winning days, we will boost his buying power and max exposure.
We spoke with Vince about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
Watch The Interview With Vince
Vince evaluation statistics
Q&A’s With Vince
Tell us a little bit about yourself.
I work full-time as QA/QC analyst and trade part-time when I’m off.
How long have you been trading?
I’ve been trading for about 5 years
Briefly describe your Trading Plan and how it contributes to your success.
My trading plan comes with looking at previous big percent winners and seeing why they’re running. Then I decide what support and resistance levels I want to play off.
Share with us a challenge you faced in your trading career and how you overcame it
The challenge I faced was adaptation and getting over FOMO. Once I became more adapted to how the market moves and the time frames, I felt more confident and the FOMO became less of a problem.
How did you adjust risk management to your trading personality?
I stopped being afraid of being wrong. if the trade isn’t doing what I want or what I’m expecting, I just cut the loss n move on.
Describe a key moment in your trading career
When I realized it’s ok to take profits too early.
How long did it take for you to become a consistent trader, and what aspects did you change for that?
3-4 years. I really started to engross myself in the market more and stopped following random traders alerts on tickets.
What is your mental/psychological strength, and how did you develop it
Mental strength I would say would be to not beat myself up because I made a mistake. Instead, go over what went wrong and learn from it.
What was your strategy for successfully passing the evaluation phase?
Taking it one step at a time and not worrying about profit targets. The main thing was focusing on the trade and the execution of the trade.
How is trading for Trade The Pool different from trading by yourself?
You can’t hold and hope with TTP trading if the move starts going really against you get executed, which really is a good thing. But in cases where you expect a strong bounce back but get stopped out your position can be frustrating.
What would you recommend to someone who is just starting with us?
Trade very small until you get the hang of how the executions work, focus on trading your setups, write out a trading plan, and don’t get too wrapped up in the profit targets.
Share online resources that were/are significant in your trading development. Names and links are appreciated.
Twitter.com there are really good traders on there with a vast amount of knowledge. Also, finviz.com really helped me find good stocks
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