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