In a recent interview, Tshepiso Sabela, a distinguished trader, offered a glimpse into his thriving trading career with FundedNext.
In a recent interview, Tshepiso Sabela, a distinguished trader, offered a glimpse into his thriving trading career with FundedNext.
In a recent interview, Tshepiso Sabela, a distinguished trader, offered a glimpse into his thriving trading career with FundedNext. Hailing from Johannesburg, South Africa, Sabela has been actively trading since late 2019, positioning himself as a seasoned trader over the years.
Sabela’s remarkable journey began when he joined FundedNext earlier this year, around February. He lauded the experience with FundedNext, emphasizing the invaluable knowledge he has gained during his tenure with the firm. “I actually learned certain things that helped me improve my system as well,” Sabela noted.
He recognized the significance of FundedNext’s Express model, which emphasizes consistency, as a pivotal factor in his trading success. Sabela credited this model for significantly enhancing his profitability, allowing him to make substantial strides in his trading endeavors.
Sabela’s trading history is noteworthy, characterized by a meticulous approach to risk management and an unyielding commitment to disciplined trading practices. His trading philosophy is anchored in a comprehensive system that relies on technical indicators such as Stochastic and RSI, aligning with market structure and following the trend.
When quizzed about his favorite assets, Sabela didn’t hesitate to name NAS100 and US30 as his top choices. He pointed out the lack of market manipulation and the appeal of the market’s movements as decisive factors behind his preference for these assets.
As for his trading style, Sabela revealed that he is neither a day trader nor a swing trader. Instead, he waits for specific setups to materialize, often on the 1-hour or 4-hour charts, before making his moves. His risk management strategy involves adjusting his position size based on the strength of his confidence in a trade, with risk levels ranging from 1% to 0.25% per trade.
Sabela also shared that he takes profits fairly quickly, aiming for a risk-reward ratio of at least 1:1.2 or higher. This approach, he believes, has allowed him to secure consistent gains in his trading endeavors.
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