Funding Pips recently had the privilege of hosting an exciting interview with Theodore, a 19-year-old trader who had impressive success in his trading journey. Despite being relatively new to the industry, Theodore has already flipped small amounts of capital into great profits, most notably turning $200 into $700 and later earning over $7,000 in his second year of trading.
Funding Pips Interview: Young Trader Theodore Shares His Journey
Theodore, who started his trading journey at 17 years old, began with Forex and has continued to build on his knowledge and experience ever since. Originally from Jamaica, Theodore moved to the United States two years ago and is currently a finance student at the University of Houston Downtown, Texas. His ambition to become an investment banker complements his trading career, as he applies both technical and fundamental analysis to his trades.
Theodore emphasized the importance of staying focused on the market’s fundamentals when asked about the key to his success. He believes that fundamentals drive technicals, offering deeper insights into potential market movements. As a swing trader, Theodore utilizes both technical indicators and market sentiment to inform his trades, looking for patterns such as head-and-shoulders or double tops to guide his strategy.
Theodore also shared some of his key moments in trading, both triumphs and challenges. One of the most significant milestones was when he flipped $200 into $700, realizing for the first time that trading could be a viable way to make money. However, he also faced setbacks, particularly when he ventured into trading a $100,000 funded account without fully understanding the fundamentals. Despite a massive loss, Theodore remained motivated and was inspired by a friend who also traded successfully, reaffirming his belief in his potential as a trader.
About the Firm
Here are some interesting facts about the firm:
- Maximum Drawdown Scaling
- Maximum Daily Drawdown Scaling
- First Payout on the First Tuesday
- Payout Cycle as Early as Every Tuesday
- On-demand Payouts with Two-step X Evaluation
- Profit Share of 60% up to 100% on Two-step Evaluation
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