Author: Tomer Dubrov

Arbnor’s advice: Scale in and scale out to help you control the risk

Arbnor T, From the US.

Arbnor has successfully passed our Extra Buying Power program and is now one of TTP’s 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 Arbnor about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader. In this interview he discusses his trading journey, strategy, and success. He started trading in January 2021, after studying for a year and a half, and has since made $160K as a funded trader.

Watch The Interview With Arbnor

Starting Out

Arbnor moved to Waco, Texas, to focus on his studies and trading. He hit the books and DVDs for eight months before starting paper trading for another eight to nine months. By putting in the work, he was able to transition from paper trading to trading with real money smoothly.

Trading Strategy

Arbnor focuses primarily on short selling small-cap stocks, typically under $20 and over 50 cents. He looks for overextension, where a stock goes from one dollar to nine dollars in one day or a few days. Once he starts to see signs of weakness, such as a mean red candle or buying volume not moving the chart anymore, he will start to short sell.

Determining the Top

When asked how he determines the top, Arbnor states that it’s an art and a science. He looks for multiple indicators of weakness, such as red candles, volume buying not moving the chart anymore, and signs of topping off. He doesn’t know for sure if it’s the top, but the more indicators he sees, the more confident he is in the trade.

Scaling into Positions

Arbnor used to go all-in on a trade, but he has since learned to scale into positions. By scaling in, he gets better averages and can manage risk better.

Conclusion

Arbnor’s trading journey is a testament to the importance of putting in the work and developing a strategy that works for you. His focus on short selling small-cap stocks under $20 and over 50 cents has proven successful, and he has been able to make $160K as a funded trader. His willingness to adapt and learn has helped him to become a successful trader and a valuable member of Trade Pool.

If you enjoyed this interview you might like other traders’ interviews on our blog!

Michael’s advice: Stop buying in 1 chunk and scale in using TTP risk management

Michael E, From the US.

Michael has successfully passed our Extra Buying Power program and is now one of TTP’s 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 Michael about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

Watch The Interview With Michael

Trading Journey

In the interview Michael discusses his journey and trading strategies. He has been trading for five to six years, learning from Timothy Sykes and his student Tim Grittani. He focuses exclusively on short selling penny stocks, looking for over-extended top percentage gainers and trading the first red day or shorting into previous resistance levels.

When asked about how he determines when to sell or buy, Michael explains that he never knows for sure when the top or bottom is in, but looks for indicators like hard cracks and resistance levels. He also emphasizes the importance of cutting losses quickly, as taught by Sykes and Grittani.

Experience with Trade The Pool

Michael praises the program, calling it “monumental” and a great opportunity for traders to prove their skills and gain access to capital to make profits. He mentions that he had to adjust his trading strategy to scale into his positions, but sees the benefits of doing so.

Michael's evaluation account dashboard

Summary

Overall, the interview provides valuable insights into the mindset and strategies of a successful funded trader. Michael’s emphasis on risk management and cutting losses quickly is a common thread throughout the interview, highlighting its importance in trading. His focus on short selling penny stocks and looking for over-extended top percentage gainers also provides a unique perspective on the trading world.

The interview could be beneficial to both experienced traders looking to learn from a successful funded trader and newer traders looking to gain insight into the trading world. Michael’s focus on penny stocks and short selling may be especially relevant to those looking to trade volatile small-cap stocks. Additionally, his emphasis on risk management and cutting losses quickly could be beneficial to traders of all levels.

If you enjoyed this interview you might like other traders’ interviews on our blog!

“Low your position size on trades where you are not extremely confident in” That’s Domingo’s Advice.

Domingo C, From the US.

Domingo has successfully passed our Super Buying Power program and is now one of TTP’s funded traders, or as we call it, “Stock Star.”
Every time he reaches 5 consecutive winning days, we will boost his buying power and max exposure.

We spoke with Domingo about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

Watch The Interview With Domingo

Domingo has successfully turned his initial investment of $300 into a fully-funded trading account of $80,000. In this interview Domingo discusses his trading journey, strategies, and the type of trader he is.

Domingo started trading about a year ago with his own money as he was looking for an alternative to his nine-to-five job. He initially started looking into the market and learning about different stocks, including big tech names like Apple and Tesla. Over time, he transitioned into trading ETFs, particularly 3x ETFs and semiconductor ETFs, as they tend to move more than individual stocks.

Domingo is an aggressive trader who looks for strong moves and good setups. He has moved away from using technical indicators like MACD, RSI, and moving averages and now trades based on price action and support and resistance levels. He believes that the market has shifted and technical indicators are not as reliable as they once were.

When it comes to his trading strategy, Domingo looks for higher highs and higher lows and checks if it’s over a B-WOP. If it is, then he considers it a good trade as it’s a strong position. He has a specific plan and set of rules that he applies to his trades, such as a minimum one-to-two ratio between his stop loss and take profit. He is typically looking for a 50 cent to 75 cent profit on a trade and a 30 cent loss.

Trade The Pool Fund is a trading community that provides traders with the capital to trade. Once traders pass an evaluation process, they are given a funded trading account to work with. Domingo is now a funded trader with Trade The Pool Fund, having successfully passed the evaluation process.

In conclusion

Domingo’s success story demonstrates the importance of persistence and discipline in trading. He started small with his own money and worked his way up to a fully-funded trading account. His transition from trading individual stocks to ETFs and reliance on price action and support and resistance levels instead of technical indicators highlights the need for traders to adapt and evolve with the market. Domingo’s interview provides valuable insights into his journey as a trader and his strategies for success.