We spoke with Pablo about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
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I have been trading for 3 years.
I think the biggest challenge I’ve had has been learning to accept a losing day, knowing that market movement is not something I control, and that I can only control my risk management and the decisions I make. Another challenge I’ve had quite a bit of was linking emotions to my trading. That was something that caused me to lose a lot, and over time, I realized that I shouldn’t let what I’m experiencing in my life affect the decisions I make in the market. I think accepting the outcome and not linking emotions has been the hardest thing for me to learn.
It took me about three years to achieve the consistency I wanted. I changed my personality, even my outlook. I learned from my own experience more than from what I saw on social media, because not all systems work for everyone. So I did a lot of backtesting and studied various trading systems until I managed to consolidate my own. Another key factor was shaping my psychology – understanding that risk management was what helped me always stay focused on doing the right thing.
Well, throughout my life, I’ve had many times when I’ve been depressed and anxious. And that was why it was necessary for me to learn to control my emotions, both mentally and psychologically. I’ve taken several coaching courses, read many self-help and psychology books, and attended many mentoring sessions. And I think that’s the reason I haven’t given up despite difficult life situations. I no longer trade to feed my ego; I trade because I like to see the growth I achieve week after week. Even if it’s just a SL day, what I’m looking for is to genuinely improve and grow.
I move a lot by price action, by the liquidity that I can see on the charts, in addition to the market volume.
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