December 28, 2023

TTP $160k Funded Trader By Primarily Shorting Big Gappers

Table of content

    “Trading Is Hard Without The Ability To Pick Yourself Up During Hard Times”

    Joseph G., 29 years old, from the United States.

    Joseph has successfully passed our Extra Buying Power program, and he is now TTP’s funded trader managing a $160K account, 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 Joseph about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

    Joseph’s evaluation statistics

    Q&A With Joseph

    Tell us a little bit about yourself

    I began learning about breakouts but found some edge in shorting large gappers. Had a blow up on my personal account in 2021 and have been working towards the path of becoming a full time trader ever since.

    How long have you been trading?

    I started trading in 2020

    Briefly describe your trading plan and how it contributes to your success

    Remind myself that the focus is always risk management before turning on monitors
    – Scan pre-market and make sure I am watching the right stocks for the open
    – Consider the current sentiment/cyclical strength and play the expected range
    – Execute my plan with a focus around risk management

    Share with us a challenge you faced in your trading career and how you overcame it?

    I’ve met challenges that range from a personal blow up early in 2021, bag holding, overtrading, revenge trading. I’ve been able to overcome it all with continuous self analysis and sticking with it every day.

    How did you adjust risk management to your trading personality?

    Through trial an error of understanding the correlation between win rate and risk to reward. I’ve come to grow more fond of a lower win rate and higher risk to reward approach and sticking to it.

    Describe a key moment in your trading career

    I blew up short selling a low float ticker back in 2021. This made me realize that I needed to have a proper process in order to make trading sustainable for the long term.

    How long did it take for you to become a consistent trader, and what aspects did you change for that?

    it took me about 8 months to become consistent but had lacked the ability to consistently keep my risk under control for another year after.

    What is your mental/psychological strength, and how did you develop it

    My strength is resilience. Trading is hard without the ability to pick yourself up during hard times and keep performing is necessity.

    What was your strategy for successfully passing the evaluation phase?

    Primarily shorting big gappers in the morning and getting a good position near the highs and letting winners win and cutting losing positions off early.

    How has Trade The Pool improved your trading?

    I was able to focus on performance over $ which allowed me to perform much more optimally with less stress.

    What would you recommend to someone who is just starting with us?

    To spend just as much time in understanding risk management as we do in edge.

    Share online resources that were/are significant in your trading development.





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