Sabeer Peerbaccus is one of the professional traders at CTI who has recently passed his evaluation and is now trading his $40K fully funded account. He shares his trading experience with CTI as a funded trader.
What I, and the rest of the CTI team and community would like the readers, funded traders, past, present and aspiring funded trader to recognise is that Sabeer is utilised — and recommends — the principles that we and every successful trader recommends you to practice in order to excel in the funded trader program.
The 3 core principles he cited, that I'd like to elaborate on are:
1) Trading Psychology: you need your head in the game, that's a matter of fact. You won't always have your head in the game, that's also a matter of fact, and you need a contingency plan for that, and you need to factor that into your trade plan. For those who are unsure, that's precisely why we have the HPT Psychology Consultation to help you find your way or to help you optimise your trading mindset.
2) Trade Plan: you have to manage your capital efficiently and to do this you have to have a well designed, rule-based trade plan that you follow religiously. There is a lot more to this, but this is something we educate you in our Mastermind program.
3) Risk Management: you have pay attention to your risk and how much you risk, if you learnt from us this will be fully ingrained into you. This will be pivotal to your success. However, no matter your background if you feel this is something you could use help with, or there is any aspect of your trading could be fine tuned, give our Mentoring Scheme a chance.
A consistent theme with every funded trader that passes their evaluation, regardless of experience, is that they tend to have these attributed nailed down.
Contrary to what the Instagram traders tell you, there is no quick-rich strategy, nor is there a quick rich bot that will make you rich despite what Gregg Secker tells himself. And yes, I know, I know, being disciplined is boring and isn't as exciting- but it is necessary for you to become an experienced trader that trades for a long time.
As the phrase goes: “there are brave traders, and there are old traders; but there are no old brave traders”. That should be indicative of how important discipline is.
Without further ado, here is Sabeer's interview: