Fidelcrest Trader Mustafa Interview- Insights & Strategies!

In a recent Fidelcrest interview, Mustafa, a successful trader based in Istanbul, shared his journey

Home » Fidelcrest Trader Mustafa Interview- Insights & Strategies!

In a recent Fidelcrest interview, Mustafa, a successful trader based in Istanbul, shared his remarkable journey of becoming a profitable trader. Mustafa, originally a dentist, transitioned into the world of trading, and his experiences offer valuable insights for aspiring traders. Initially, he was solely involved in the stock market, but his pursuit of trading opportunities led him to the crypto market, where he faced considerable losses.

Mustafa recalled his early struggles, stating, “I lost tons of money and tons of accounts when I started trading in the crypto market. It was a challenging period.”

However, Mustafa’s determination to succeed propelled him forward. He sought to improve his trading knowledge and skills. “I bought numerous books, watched YouTube videos, and even attended interviews with experienced traders. This learning phase was crucial for me,” he explained.

Fidelcrest Trader Mustafa Interview- Insights and Strategies

When asked about the time it took him to become profitable, Mustafa revealed, “It took me approximately one to two years to become consistently profitable in the crypto market. If you count my experience in the stock market as well, it was a five-year journey.”

Mustafa’s quest for the right trading environment led him to discover prop trading firms. He noted, “I tried several prop trading firms, but many of them had hidden commissions and fees. Fidelcrest stood out as the best choice for me. It offered transparency and the support I needed.” Transitioning to discuss his trading strategies, Mustafa explained, “I experimented with various strategies but eventually simplified my approach. I now focus on Bollinger Bands, RSI, and MFI indicators.”

Risk management was another crucial aspect of Mustafa’s trading philosophy. “I keep learning about risk management and trading psychology to avoid revenge trading. Staying calm and disciplined is essential,” he emphasized.

When asked for advice to help other traders succeed, Mustafa shared, “Persistence is key. Keep learning and improving; you will get better over time. And above all, avoid revenge trading.”

Here is the Full Interview:

Key Points

  • Mustafa, a former dentist, shared his trading journey with Fidelcrest.
  • He transitioned from dentistry to trading, providing insights for aspiring traders.
  • Initially involved in stocks, he shifted to crypto, facing significant losses.
  • Mustafa emphasized the importance of learning and self-improvement.
  • It took him one to two years to become consistently profitable in crypto.
  • Fidelcrest’s transparency and support made it his preferred prop trading firm.

Want to read more about the firm? Click here

Leave a Reply

Your email address will not be published. Required fields are marked *


Subscribe to our Weekly Newsletter

The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.

Finotive Funding is a proprietary firm founded by Oliver Newland, who understands that capital is, in most cases, the biggest obstacle to becoming a full-time trader. His goal is to create a process that will allow a way for retail traders worldwide of growing their capital and allowing them to generate significant returns.

Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.

MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.