The Trading Pit recently had the opportunity to sit down with Adrian Oschetzki, a successful trader from Germany who passed the FUTURES VIP Challenge. In this interview, Adrian shares his journey, strategies, and experiences with The Trading Pit, shedding light on his path to success in the trading world.
1. Tell us a little about yourself.
I am a self-confident and disciplined individual who is focused on achieving my goals. With 30 years of age, I have embraced the world of trading with enthusiasm and determination.
2. How long have you been in trade?
I have been actively involved in trading for almost a year now. During this relatively short span of time, I have gained valuable experience and honed my skills as a trader.
3. What inspires you to trade?
What truly inspires me about trading is the simplicity of scaling my desired income. The potential to generate substantial earnings and financial independence is what drives me to excel in this field.
4. Do you have a trading plan and do you strictly stick to it? Briefly describe your trading plan.
Yes, I firmly believe in the importance of having a trading plan. My plan revolves around executing no more than five trades per day. This strategy helps me maintain focus and ensures that I am not overwhelmed by excessive market activity.
5. What was your strategy to successfully pass the Trading Pit Challenge?
To successfully pass the Trading Pit Challenge, I implemented a strategy where the first trade I made had to be right. I knew that starting on a strong note would set the tone for the entire challenge, enabling me to make confident and profitable trades.
6. How would you rate your experience with The Trading Pit?
My experience with The Trading Pit has been incredibly positive. The process has been simple and uncomplicated, allowing me to concentrate on what truly matters: trading and achieving results.
7. Why did you choose The Trading Pit and not another prop company?
I chose The Trading Pit for several reasons. Firstly, the availability of German support made the entire process more convenient and accessible for me. Moreover, the platform offered an easy and uncomplicated approach to prop trading, coupled with the best trading conditions available.
8. What would you say to other traders who want to participate in the Trading Pit Challenge?
To traders who are considering participating in the Trading Pit Challenge, I would say that time is the key to success. Dedicate enough time to enhance your skills, understand the market dynamics, and develop a solid trading strategy.
9. Describe your best trade.
My best trade was when I placed an order that successfully reached the take profit level in less than five minutes. It was a remarkable moment of swift execution and precise decision-making, resulting in a profitable outcome.
10. What is the most important advice you would give to a new trader?
The most important advice I would give to a new trader is to adhere strictly to your own rules and the ones you have learned. Establishing a robust trading plan and sticking to it diligently is crucial for long-term success in the markets.
11. What is your risk management plan?
My risk management plan includes a daily loss limit of no more than 3-5% of my trading capital. Additionally, I maintain a risk-reward ratio of 2:1, ensuring that my potential gains outweigh my potential losses.
12. What would you recommend to someone who is just starting with us?
For someone who is just starting with The Trading Pit, I would advise them to keep calm and remain patient. The initial excitement and adrenaline will naturally subside over time as you gain experience and become more comfortable with the trading process.
13. Name online resources that were/are important for your trade development. Names and links are encouraged.
Two online resources that have been instrumental in my trade development are Marcus Schulz's Instagram account (@marcusschulz.official), also a partner of The Trading Pit and the Volume Trader Academy (volume-trader.com). Both platforms provide valuable insights, educational material, and practical guidance for traders.
14. Why have you trusted The Trading Pit in your trading career?
I have placed my trust in The Trading Pit for several reasons. Firstly, Marcus Schulz's expertise and guidance have been invaluable in my trading career. Additionally, the competitive 70-80% payouts offered by The Trading Pit have significantly contributed to my confidence and trust in their platform.
