Meet Michael Kielburg, a passionate trader from Germany who passed the Forex Executive Challenge and turned his passion into a thriving career. In this exclusive interview with The Trading Pit, we explore the journey that shaped Michael into the seasoned trader he is today. Join us as we unravel the secrets behind his remarkable success and gain valuable insights into Forex trading.
1. Tell us a little bit about you.
Trading has been a great passion of mine for so long. I have always been fascinated by the financial markets and their opportunities. This passion drove me to explore trading as a career and continuously strive to improve my skills and knowledge in this field.
2. How long have you been trading?
I have been actively trading for about a year now.
3. What inspires you to pursue trading?
For me, trading provides an optimal change from the daily routine. The fast-paced and dynamic nature of the financial markets keeps me motivated and engaged.
4. Do you have a trading plan in place and follow it strictly? Briefly describe your Trading Plan.
A well-defined trading plan is crucial for success in the markets. I follow a strict trading plan, which helps me maintain discipline and consistency in my trading decisions.
5. What was your strategy to successfully pass The Trading Pit Challenge?
To successfully pass The Trading Pit Challenge, I ensured that I had a thorough understanding of the opening points and market conditions. I aimed to capitalise on the optimal entry points before the market made significant moves.
6. How would you rate your experience with The Trading Pit?
My experience with The Trading Pit has exceeded my expectations, and I would recommend it to anyone.
7. Why did you choose The Trading Pit and not another prop firm?
The Trading Pit stood out to me because of its exceptional service and support.
8. What would you like to say to other traders attempting The Trading Pit Challenge?
I would wholeheartedly recommend anyone attempting The Trading Pit Challenge to give it their best shot. The challenge is a fantastic opportunity to test your trading skills, learn from experienced traders, and gain valuable insights.
9. Describe your best trade.
I have had several trades that I consider my best. Each trade has its unique factors and circumstances that contribute to its success. Whether it was identifying a market trend, leveraging technical indicators effectively, or making informed decisions based on market news, my best trades have resulted from thorough analysis, discipline, and timely execution.
10. What is the number one advice you would give to a new trader?
My number one advice to a new trader would be to take the leap and try it. Trading may initially seem intimidating, but with dedication, continuous learning, and practice, you can develop the skills and knowledge needed to succeed.
11. How does your risk management plan look like?
Risk management is a crucial aspect of my trading approach. I strive to optimise my risk by carefully assessing each trade's potential rewards and risks.
12. What would you recommend to someone just starting with us?
For someone just starting with The Trading Pit, I recommend fully immersing yourself in the available resources and support. Take advantage of the educational materials, engage with the community, and seek guidance from experienced traders.
13. Share online resources that were/are significant in your trading development. Names and links are appreciated.
I am constantly exploring online resources to enhance my trading development further. While I don't have specific links, I highly recommend utilising reputable financial news websites, trading forums, and educational platforms.
14. What made you trust The Trading Pit for your trading career?
The Trading Pit's Challenge was a turning point for me. Successfully passing the challenge and the support I received from The Trading Pit team instilled a great deal of trust in their platform.
