In Funding Pips latest interview, they sit down with Shane, an experienced trader who has been navigating the markets since 2017.
In Funding Pips latest interview, they sit down with Shane, an experienced trader who has been navigating the markets since 2017.
Here are the Highlights of the article “Shane Trading Interview: Success with Funding Pips”:
In Funding Pips latest interview, they sit down with Shane, an experienced trader who has been navigating the markets since 2017. Residing in Tennessee, Shane’s journey has been marked by ups and downs, but with determination and the right strategies, he is now a consistently profitable trader.
Shane’s interest in trading sparked when he first discovered it on Instagram. Fascinated by candlestick patterns, he downloaded MetaTrader and began his trading journey. However, his early days were challenging. Like many new traders, he struggled with losses, particularly due to a lack of stop losses and poor risk management.
Shane reflected, “I remember losing a few personal accounts early on, but those early failures were crucial in shaping how I approach trading today.”
Over time, Shane learned from his mistakes, focusing on proper risk management and psychology. Eventually, he found his sweet spot in swing trading — a strategy that allows him to set and forget trades without being glued to the charts all day. This approach minimizes his screen time and reduces stress, allowing him to balance trading with other business commitments.
Backtesting played a key role in Shane’s growth as a trader. He emphasizes the importance of using platforms like TradingView to simulate trades and evaluate strategies over time. Shane explained, “Backtesting allows you to see how your strategy plays out in the long run, helping you build the confidence to stick with it, even during drawdowns.”
Shane also highlighted the significance of journaling backtests, saying that tracking both wins and losses over an extended period helps refine strategies and reinforces patience.
One of Shane’s biggest challenges was overcoming his own emotional reactions to wins and losses. In the early years, he would often close trades too early out of excitement or fear. It was only when he adopted a more detached mindset that his trading consistency improved.
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