In an exclusive interview with FundedNext, Sibahle revealed insights into his journey to profitability and trading methodology.
In an exclusive interview with FundedNext, Sibahle revealed insights into his journey to profitability and trading methodology.
In an exclusive interview with FundedNext, Sibahle revealed insights into his journey to profitability and trading methodology.
Sibahle, a 21-year-old trader hailing from Durban, South Africa, embarked on his trading journey five years ago while still in school. Initially influenced by his uncle’s trading endeavors, Sibahle delved into various strategies, including the Candlestick Bible and Elliot wave theory. However, disillusioned by the lack of success with these methods, he sought to carve out his unique path in the trading world.
Driven by a thirst for knowledge and a relentless pursuit of profitability, Sibahle conducted extensive research and experimentation, eventually uncovering his winning formula. His strategy revolves around identifying market patterns of manipulation, accumulation, and distribution, primarily focusing on the New York session.
In contrast to conventional trading approaches, Sibahle prioritizes simplicity and emphasizes understanding the basics over complex indicators or trend lines. He leverages the Dollar Index’s inverse correlation with NASDAQ to enhance his trading decisions, adding a layer of confluence to his strategy.
Despite the inherent risks in trading, Sibahle adopts a conservative risk management strategy, only risking half a percent of his account per trade. This prudent approach, coupled with his ability to scale in and maintain a favorable risk-reward ratio, has contributed significantly to his consistent success in the markets.
Looking ahead, Sibahle remains committed to refining his strategy and sharing his expertise with fellow traders. With his disciplined approach and unwavering determination, Sibahle continues to inspire traders worldwide with his journey from novice to profitability.
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