In a recent interview with TFT (The Funded Trader), Darius Kelemen, a seasoned trader hailing from Austria, delved into his trading journey.
In a recent interview with TFT (The Funded Trader), Darius Kelemen, a seasoned trader hailing from Austria, delved into his trading journey.
In a recent interview with TFT (The Funded Trader), Darius Kelemen, a seasoned trader hailing from Austria, delved into his trading journey, shedding light on the challenges, successes, and key lessons learned over his four-year career.
Darius Kelemen’s foray into trading started with an unconventional introduction through network marketing. A message from a fellow town resident sparked his interest, leading him to join a network marketing company. However, the initial exposure to signals and basic education did not pave the way for profits.
Kelemen revealed his early struggles with poor education, copying signals, and risky trading, which resulted in significant gains followed by swift losses. He emphasized the importance of understanding the market’s inner workings and how he gradually shifted towards a more analytical approach.
As Kelemen continued his journey, he highlighted the pivotal role of mentorships and the discovery of supply and demand concepts. A breakthrough came when he understood the significance of trading against retail traders, targeting liquidity, and recognizing order blocks and imbalances.
Darius Kelemen shared his skepticism regarding smart money concepts, dismissing them as more marketing than effective strategies. He emphasized the psychological aspect of trading and the need to follow meticulously tested rules rather than falling for catchy marketing phrases.
The trader described his “aha” moment as a realization that all trading concepts have relevance, but timing and understanding when they are applicable are key. Backtesting became a crucial part of his process, leading to a deeper understanding of the interbank price delivery algorithm and the importance of identifying A+ setups.
Reflecting on his biggest failures, especially the instances where he lost substantial amounts, Kelemen emphasized the importance of developing confidence in recognizing high-probability setups. He highlighted the significance of risk management, knowing when to increase or decrease risk based on market conditions.
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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.
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.
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