January 12, 2023
Alexander Got Funded Trading Penny Stocks
We spoke with Alexander about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
Watch The Interview With Alexander
- Tell us a little bit about you.
This is an amazing opportunity. Thank you so much for it. My name is Alex, I’m an artist at heart, but I love day trading. I also love the gym and will go 5 to 6 days a week.
- How long have you been trading?
I have been a Part-Time Trader for 5 years.
- Briefly describe your Trading Plan and how it contributes to your success.
I use a style of trading called moment trading. I look for stocks with a good volume between the 1 to 10 dollar range.
- Share with us a challenge you faced in your trading career and how you overcame it.
Trading out of boredom and overcoming FOMO was a big problem for me missing out. However, I’m overcoming it by being more patient and only trading setups I really like.
- How did you adjust risk management to your trading personality?
I’ll use low position size on trades where I’m not extremely confident in
- Describe a key moment in your trading career.
I lost my job back in august of 2022 due to it shutting down. I decided then that I wanted to take trading seriously and full-time. So on my first day, I increased my account size by around 10%, and the next day I did it again. I knew then it was what I wanted to do.
- How long did it take for you to become a consistent trader, and what aspects did you change for that?
I started becoming consistent trading around the end of 2022. After that, I had to lower my position sizes and adjust to the bear market.
- What is your mental/psychological strength, and how did you develop it
I developed my mental and emotional strength through discipline, support groups, and faith in a higher power.
- What was your strategy for successfully passing the evaluation phase?
I looked for stocks gapping up with a solid volume and would buy the pullbacks and sell on the way up.
- How is trading for Trade The Pool different from trading by yourself?
I used to trade pre-market and would love to have that opportunity in the future with trade the pool.
- What would you recommend to someone who is just starting with us?
Take it seriously and put in your best effort every day.
- Share online resources that were/are significant in your trading development. Names and links are appreciated.
Profit Chasers https://www.profitchasersacademy.net/
- Would you like to share anything else with us?
I’m so glad I found you guys, and I’m very excited to be funded.
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