We spoke with Santi about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
Click here for more Inspirations lessons and interviews from our professionally funded traders.
I am Santi Othivet. I am from Laos. I am 28 years old. I love reading books.
I started trading with my own funds with many brokers in 2019
The Trading Plan is pretty simple. I use the TradingView website to set up and follow the real-time economic news. My main strategy is trading using Eillot Wave, Trend Rider, Support and Resistance, and SMC (Smart Money Concept)
Of course, traders cannot be perfect. They cannot win every time. It’s better to take a break after a bad day and sit back to think about the mistakes and try to sort them out from time to time. I almost hit the max drawdown with 5ers, but in the end, I tried my best to come back, and yes I did it.
My daily profit target is not big, only 1% of the initial balance. When I hit my target, I have to stop for that day. Also when I am at loss, I will stop at 1%
I have a lot of great moments. I will share with you one of them. I opened a trade Buy 2.0 lot during the war. I gained a big profit because the price moved up more than 1500 points. This is one of the best moments in my trading career.
Almost a year, I would say. I learned a lot, and it paid off with my hard work
As long as I follow my trading strategy, I don’t care if the trade will close with profit or loss. I always close the PC and try to find some interesting things to do after I open trades.
I use many different strategies. My main strategy is trading using Eillot Wave, Trend Rider, Support and Resistance, and SMC (Smart Money Concept)
I am more organized and obsessed with trading rules which I need to follow when trading with 5ers, unlike trading with my own funds. Trading with 5ers is great. I love the way I perform my trades.
Take it easy. Everything takes time. Don’t rush and put yourself under pressure. Have a good trading strategy and try to make a profit from that.
Forexfactory, Investing.com, Finviz, TradingView.
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