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INTERVIEW WITH Stelios Stylianou #1 WINNING TEAM LEADER
Dec 04, 2020
Another WSDT competition came to an end. This year, I chose not to participate myself with a competition account and focus on helping my students take the first place. And we did it once again. Like we did in every single WSDT competition one of my students took the first place. This wasn’t just luck. We provide our student with all they need to excel in daytrading.
If you are a new trader and you tested the waters with this competition, you got a real taste of what is like. If you really want to pursue this and excel in this field, I recommend to educate yourself, learn the ins and outs of daytrading and face it as a business. Learn and apply risk management rules in every trade. This will protect your account from blowing up. If you have a winning strategy, with risk management rules, you will finish every month profitable. That’s just math. The best way to start is to use one of Tradenet’s funded programs, where the risk is minimum for you. With these funded programs, you get enough buying power to get you started without the need to deposit $25k of your own money, like most brokers request.
Just make sure to follow this roadmap. 1. Learn a profitable strategy. Make sure this strategy gives you over 60% win rate. 2. Apply risk management rules to your strategy to protect your account. Know when to stop and when to take profit. 3. Start small with a funded program and don’t risk $25k from your own money. Trade your account as you would run a business. Know your numbers. Potential profit vs potential risk. Always have a max risk per trade and never break this rule! This has been my passion for many years and I am really excited watching that new people discover the power of making money on their own terms. That’s what trading gives you. Freedom.