In an exclusive interview, Xavier, a seasoned trader from Alpha Capital Group, shares insights into his successful trading journey.
In an exclusive interview, Xavier, a seasoned trader from Alpha Capital Group, shares insights into his successful trading journey.
In an exclusive interview, Xavier, a seasoned trader from Alpha Capital Group, shares insights into his successful trading journey and strategies that have propelled him to profitability. Xavier, a 28-year-old trader based in Canada, delves into his background, trading approach, and the key elements that have contributed to his success.
Xavier, with a background in finance and entrepreneurship, stumbled upon trading in a business school class. His interest was piqued when a classmate showcased a trading platform, sparking a curiosity that eventually led him to a lucrative career in the trading markets.
“I started trading seven years ago and became interested in fundamentals and news trading a year later. It’s only in the past two years that I’ve become consistently profitable,” Xavier reveals.
Xavier employs a variety of strategies, emphasizing the significance of flexibility in adapting to market conditions. His most profitable strategy involves scalping, focusing on quick market entries and exits. Additionally, Xavier leverages day trading, particularly concentrating on support and resistance levels.
Xavier’s unique approach involves trading around major economic events. He closely monitors the economic calendar, emphasizing the role of big banks, financial institutions, and central banks in shaping market sentiment. “I try to surf on the wave caused by all those big institutions,” Xavier explains.
Overcoming emotional challenges such as greed and FOMO, Xavier emphasizes the pivotal role of maintaining a trading journal. Documenting trades helped him identify patterns, ultimately leading to a breakthrough in his trading psychology.
“Having a trading journal is a must. It’s boring, but it keeps you focused on your main trades and prevents emotional trading,” Xavier advises, encouraging traders to stick to their plans.
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