TFT interview, we delve into the fascinating journey of Mohamed Ashik, an accomplished Forex trader from Chennai, India. Throughout this candid conversation, Ashik unveils the challenges he navigated, the strategies that shaped his success, and his unique approach to the dynamic world of trading.
Unveiling Mohamed Ashik Forex Trader Background
Ashik, an engineer with a specialization in information technology, embarked on a journey into trading three years ago. Dissatisfied with the conventional 9-to-5 grind, he sought financial and temporal freedom, leading him to discover the intricacies of trading during the lockdown.
Navigating the Learning Curve
Ashik invested both time and resources during the lockdown, immersing himself in various trading courses. His educational pursuits covered the fundamentals of price action, trend lines, and chart patterns. Transitioning from demo to funded challenges unveiled unforeseen complexities, prompting Ashik to delve into extensive self-research. He underscores the significance of comprehending market psychology, a facet often overlooked in conventional courses.
Triumph over Challenges
Despite maintaining a commendable win rate, Ashik candidly shares his psychological struggles, particularly in the realm of trade management. Trusting his analysis proved challenging, leading to premature exits or modest profits. The turning point came when he alleviated the pressure by ensuring he had the financial means to undertake additional challenges.
Evolving Risk Management Strategies
Ashik discloses his unconventional risk management approach, particularly during funded challenges. While embracing calculated risks during challenges, he adopts a more conservative stance with his funded account, promptly withdrawing profits to mitigate unnecessary risks.
Crafting the Trading Mindset
A prolonged period of profitability instilled confidence in Ashik, enabling him to trust his analysis and adeptly manage trades. He advocates for traders to scrutinize their reactions and thoughts, underscoring the paramount importance of maintaining a disciplined mindset.
Unveiling Trading Style and Strategy
Ashik identifies himself as an all-encompassing trader, shunning limitations to a specific style. Transitioning from a rigid risk-reward ratio, he emphasizes the dynamic management of risk. Employing price action, trend lines, and support/resistance, Ashik executes trades on the 5-minute chart for precision.
Aspirations for the Future
In the upcoming five years, Ashik envisions securing funding totaling a million, realizing financial independence. Prioritizing health and wealth, he envisions becoming the best version of himself.
Reflecting on TFT and Concluding Thoughts
Ashik expresses gratitude for The Funded Trader, acknowledging the initial doubts that were dispelled by consistent and timely payouts. He commends TFT for its transformative impact on traders’ lives and expresses hope for the platform’s ascent to the pinnacle of success.
About The Funded Trader
Leading Proprietary Firm: A premier firm providing forex traders with access to trading capital.
Capital Access and Profit Sharing: Enables trading without personal risk, sharing profits generated through the program.
For Novice and Experienced Traders: Offers unique opportunities for both novice and experienced traders, unlocking unlimited profit potential.
Risk Management Focus: Program supports traders in maintaining a robust risk management strategy for consistent profits.
Distinctive Benefits:
- Generous $200,000 funding cap.
- Remarkable $4 million scale-up plan.
Profit-Sharing Model: Up to 90% profit sharing, emphasizing recognition and reward for traders’ skills and efforts.
Profit Share from the Start: Traders earn a 15% profit share from the beginning.
Trader Profit Retention: Allows traders to keep up to 95% of their profits.
Experienced Leadership: Led by a team of seasoned professionals providing essential resources, mentorship, and risk management support.
Focus on Trader Development: Prioritizes trader development, creating an ideal environment for skill enhancement and access to substantial capital.
Reputation and Innovation: Recognized as a reputable and innovative proprietary trading firm tailored for forex traders.
Supportive Trading Environment: Committed to trader support, substantial funding opportunities, and a generous profit-sharing model, positioning traders for success in the competitive forex market.
To learn more, explore our in-depth review of The Funded Trader and take advantage of our exclusive offer: PW 5% + 1.8% GI-Cashback.
