The Strategy and $19K Trade Behind the $12K Withdrawal - Trade The Pool Funded Trader Michael T.
Автор: Trade The Pool
Загружено: 2024-09-12
Просмотров: 1660
Описание:
From a Mini to an Extra and an Ultimate, Michael T. blew an account but passed again and by now has taken 4 payouts: over $20K in all, with $12K in a single withdrawal.
He sat down with Trade The Pool's CEO Michael Katz to dig into the strategy he dialed in on.
This time around, he focused on building a cushion and only then on increasing his risk and withdrawing. His patience paid off, as now he can take bigger risks and also big payouts, at the same time!
Michael is currently managing a $260K account and a $160K account (scaled to $180K), or as we call it, a true 'Stock Star.'
Here are some of Michael's stats:
🔹 Best Stock: $NVDL
🔹 Success Rate: 28%
🔹 Biggest Win: scaled in and out of long $NVDL x 6800, made $19,442.50
🔹 Biggest Loss: scaled into long $AMZN x 1000, lost $1011.50
ℹ️ With a nice cushion, he tried some risky trades but ensured his chart was higher at the end than at the start.
In this interview, we spoke with Michael about his trading plan, insights, and lessons gained while trading in the markets and on our platform as a funded trader.
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00:28 Intro
01:02 TTP journey
01:40 Summary of payouts
02:42 The cushion and its importance
05:05 Some counterexamples
06:04 Inflection point
06:35 Withdrawal strategy
07:44 Changes in market character
09:30 Some parting encouragement
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