Meet Kevin Kronschläger from Austria. He passed the Futures Standard Challenge of The Trading Pit and secured 8 payouts totalling 9,235.34 US Dollars. Kevin's journey is a testament to what can be achieved with the right mindset and dedication. We recently sat down with Kevin, and he shared his insights and trading journey.
1. Tell us a little bit about you.
I am 29 years old and from a small village in Upper Austria. Now I am living most of the time in Mallorca.
2. How long have you been trading?
I started my trading education four years ago and turned pro 1.5 years ago.
3. What inspires you to pursue trading?
Trading is not just about profit; It’s the freedom of time, allowing me to travel. It’s the perfect avenue to achieve both.
4. Could you share a specific success or milestone you achieved with The Trading Pit?
Certainly! Within three days, I purchased four accounts using the copy functionality of the Volume Trader terminal. To top it off, I received my first payout of around $4,500 two days later.
5. How would you describe your trading plan, especially regarding risk management?
I learned much from Volume Trader, especially how to understand the market better. Risk management is the most essential part of becoming a profitable trader. Keep your losses as small as possible; after a losing trade, I don't make any more trades for that day.
6. What was your strategy to successfully pass The Trading Pit Challenge?
I relied on various setups I learned from Volume Trader. Recently, I’ve been engaging in many scalp trades.
7. On a scale of 1 to 10, where 1 is very dissatisfied, and 10 is extremely satisfied, how would you rate your experience with The Trading Pit and why?
I'd give it a 9. Their support team is commendable for their prompt responses.
8. Why did you choose The Trading Pit and not another prop firm?
Marcus from Volume Trader instilled that trust in me, and I genuinely believe The Trading Pit is a professional company.
9. What would you like to say to other traders attempting The Trading Pit Challenge?
If I can achieve it, you can also.
10. Describe your best trade.
One of my proudest moments was a short trade in NASDAQ that exceeded 200 ticks. With that single trade, I purchased four accounts and earned a profit of over $2,500.
11. What is the number one advice you would give to a new trader?
Trading isn’t a shortcut to wealth. It demands persistent self-improvement. Strive for daily growth, even if it’s just 1%, and remember, this is a marathon, not a sprint. Stay patient and persevere.
12. What is the next big goal or milestone you are aiming for in your trading career?
I'm considering purchasing 20 challenges and looking forward to climbing the scaling plan.
13. What would you recommend to someone just starting with us?
Be patient, dedicate yourself, and always remember that perseverance pays off.
14. Share online resources that were/are significant in your trading development. Names and links are appreciated.
The guidance from Marcus Schulz's Volume Trader was pivotal for me.
15. Are there online communities or forums you're active in that you find valuable?
Yes, the Volume community has been invaluable to me.
16. What specific feature of our trading challenge is most beneficial?
The fact that it only requires three days of trading is genuinely advantageous.
