In an exclusive interview with Arlindo Urucho, a successful trader associated with The Funded Trader (TFT), he provides valuable insights.
In an exclusive interview with Arlindo Urucho, a successful trader associated with The Funded Trader (TFT), he provides valuable insights.
Here are the Highlights of the article “TFT Trader Arlindo Interview- Mastering the Game”:
In an exclusive interview with Arlindo Urucho, a successful trader associated with The Funded Trader (TFT), he provides valuable insights into his trading journey, emphasizing the importance of a focused approach and disciplined risk management.
Arlindo, hailing from Mozambique, has been actively trading with TFT and has achieved notable success, receiving five payouts in just three months. His consistency in navigating challenges and maintaining a strong mindset has set him apart in the trading community.
One of the key aspects Arlindo highlights is his meticulous risk management strategy. Despite deviating from the conventional 0.5% to 1% risk per trade, Arlindo adjusts his risk percentage based on his account balance and drawdown levels. This dynamic approach allows him to maximize returns during favorable market conditions while minimizing risk during periods of drawdown.
Arlindo’s ability to recover from significant drawdowns is attributed to his sharp mindset and emotional discipline. He emphasizes the importance of taking breaks, engaging in activities outside of trading, and avoiding emotional decision-making. These practices have enabled him to bounce back from challenging situations and continue his journey toward consistent profitability.
Arlindo advises traders to focus on one or two currency pairs and a specific trading session. He personally prefers trading GBP/USD during the London session, citing its predictability and reduced manipulation compared to the New York session. By consistently observing the same pair and session, Arlindo believes traders can better understand market behavior and improve their decision-making process.
Acknowledging the inevitable challenges in trading, Arlindo shares his experiences with taking TFT challenges. While he faced setbacks in some instances, he quickly rebounded and strategized for future attempts. Currently engaged in his third TFT challenge, Arlindo’s dedication and ability to adapt showcase his commitment to continual growth and development as a trader.
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