Meet Ahmad, who has achieved remarkable milestones in his trading career. Recently, he sat down with us and graciously shared the secrets behind his success in The Trading Pit CFDs Lite Challenge. In this blog post, we delve into Ahmad's journey, his strategies, and why he placed his trust in The Trading Pit.
1. Tell us a little bit about you.
My name is Ahmad Alrumh, and I am 24 years old. Originally from Syria, I am now based in the UAE.
2. How long have you been trading?
I have been actively trading for 4 years, during which I have gained significant experience and expertise in the field. Throughout my journey, I have learned and implemented various strategies and techniques that have proven instrumental to my success.
3. What inspires you to pursue trading?
My strong interest in the world of finance and business has been the driving force behind my pursuit of a career in trading. The prospect of working from anywhere in the world and making a living through trading has been highly motivating.
4. Do you have a trading plan in place, and do you follow it strictly? Briefly describe your Trading Plan.
Yes, I firmly believe in the importance of having a well-defined trading plan, and I follow it diligently. A clear plan is crucial in every aspect of life, especially in trading, where discipline is the key to success. My plan focuses on daily profit objectives and adheres to strict risk management principles.
5. What was your strategy to successfully pass The Trading Pit Challenge?
For The Trading Pit CFDs Lite Challenge, my strategy revolved around trading gold and capitalizing on its intraday movements. This strategy enabled me to navigate the challenge successfully and achieve remarkable results.
6. How would you rate your experience with The Trading Pit?
My experience with The Trading Pit has been significantly positive. The process was simple, easy, and reliable, providing me with the confidence to thrive in my trading endeavours.
7. Why did you choose The Trading Pit and not another prop firm?
There were several reasons why I chose The Trading Pit. The firm's excellent support service, transparency in dealings, and strong licenses were all crucial factors that made it stand out among other prop firms.
8. What would you like to say to other traders attempting The Trading Pit Challenge?
To other traders attempting The Trading Pit Challenge, I suggest having a well-thought-out strategy and maintaining strict discipline. Investing time in learning and acquiring knowledge is essential for success in trading.
9. Describe your best trade.
For me, the best trade was on gold, where I achieved an impressive profit of over 600 pips. This trade exemplified the effectiveness of my trading strategy.
10. What is the number one advice you would give to a new trader?
My number one advice for new traders is to invest time in studying and learning. Knowledge is the key to success in trading, encompassing market understanding, diversification, different trading strategies, patience, and perseverance.
11. How does your risk management plan look like?
My risk management plan involves entering one trade at a time to protect my capital and adhere to my trading rules diligently.
12. What would you recommend to someone who is just starting with us?
For someone just starting with The Trading Pit, I recommend developing a comprehensive trading plan and adhering to it strictly. Avoid rushing into multiple trades and prioritize discipline in your approach.
13. Share online resources that were/are significant in your trading development. Name and links are appreciated.
The YouTube channel "ProTraderss" (https://www.youtube.com/@ProTraderss) played a significant role in further developing my trading skills.
14. What made you trust The Trading Pit for your trading career?
I trusted The Trading Pit due to the company's credible reputation, the experience of its founders, and its transparent approach to trading. These factors instilled confidence in me, making The Trading Pit the perfect partner for my trading journey.
