In a recent interview with The Funded Trader (TFT), Khalid Ashman, a trader from Jamaica, provided insights into his journey.
In a recent interview with The Funded Trader (TFT), Khalid Ashman, a trader from Jamaica, provided insights into his journey.
In a recent interview with The Funded Trader (TFT), Khalid Ashman, a trader from Jamaica, provided insights into his journey of becoming a successful trader and shared the strategies that led to his consistent profitability.
Ashman, who started trading five years ago, recounted the challenges he faced initially, highlighting the importance of proper mentorship. He acknowledged the impact of psychology and risk management on his trading, emphasizing the significance of learning from both successes and failures.
The trader, who found TFT through Instagram, commended the platform for its prompt and helpful responses to queries. TFT’s unique approach, including promotions and discounts, caught his attention, ultimately leading him to choose TFT for his prop firm journey.
Ashman reflected on his early struggles, including a $500 investment that he lost within days due to a lack of risk management and stop-loss strategies. He emphasized the importance of mentorship in refining his approach, providing a structured strategy that helped him achieve consistent profitability.
When asked about his trading style, Ashman described himself as a day trader who focuses on the New York session for increased market volatility. He follows a mechanical strategy rooted in market structure and price action, avoiding the use of indicators.
Detailing his risk management approach, Ashman stressed the importance of setting limits and maintaining a disciplined routine outside of trading. He highlighted the role of regular exercise and maintaining good health in enhancing discipline, a trait crucial for success in the volatile trading landscape.
Moreover, sharing advice for beginners, Ashman urged them to embrace their status and focus on practicing consistently. He emphasized the importance of finding a mentor, asking questions, and taking the time to develop one’s skills rather than rushing into trading.
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