Rafael Verde, Successful TFT Trader, Shares Trading Journey!

In an exclusive interview with The Funded Trader (TFT), Rafael Verde from Miami, an accomplished trader, opens up about his journey.

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In an exclusive interview with The Funded Trader (TFT), Rafael Verde from Miami, an accomplished trader, opens up about his journey in the financial markets, shedding light on the highs, lows, and pivotal moments that shaped his trading career.

Rafael Verde embarked on his trading journey six years ago, initially introduced to the world of Forex through IML (IMarketsLive). However, his path took a turn as he delved into cryptocurrency and later returned to Forex, facing challenges and losses in the initial years.

Rafael shares insights into his early struggles, highlighting a lack of structure, discipline, and a gambling mindset. His journey involved significant trial and error, with the first few years marked by consistent losses. 

Rafael Verde, Successful TFT Trader, Shares Trading Journey

Over time, Rafael’s trading style evolved from a chaotic approach to a simple, disciplined strategy. He currently embraces price action, support, and resistance and employs a swing trading approach. The shift towards simplicity proved to be a key factor in his success.

Reflecting on the importance of risk management, Rafael emphasizes risking 1% to 2% of trading capital per trade. Preserving capital is crucial for long-term success, and he advises traders to avoid overleveraging, stick to their plans, and stay disciplined.

Discussing the challenges of social media, Rafael recommends filtering out noise and distractions. He emphasizes maintaining a small circle of trusted traders, relying on personal analysis, and resisting external influences.

For those starting their trading journey, Rafael advocates a patient and steady approach. He advises newcomers to take the time to learn, create a plan, stick to it, and be disciplined with risk management. Losses are part of the journey, and learning from them is essential.

Key Points

  • Rafael Verde, a successful TFT trader, reveals a six-year trading journey filled with highs, lows, and pivotal moments.
  • Introduced to Forex through IML, Rafael faced challenges and losses before transitioning to options trading during law school.
  • Early struggles exposed a lack of structure and a gambling mindset, leading to significant trial and error.
  • Rafael’s evolved trading style embraces simplicity, focusing on price action, support, resistance, and swing trading.
  • Rafael emphasizes the importance of risk management, advising a 1% to 2% capital risk per trade for long-term success.

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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.