In this episode of the CTI podcast, we sit down with Rees, a relatively new trader who has quickly navigated the path from stock market trading to Forex. His story is a testament to hard work, adaptability, and the pursuit of financial freedom.https://youtu.be/LIM-uS0t46s
| Field | Details |
|---|---|
| Program | CTI Evaluation Programme |
| Result | PASSED ✅ |
| Current Status | CTI Portfolio Manager |
| Trader Type | Full-time Professional / Swing Trader |
| Key Strategy | Pure Price Action (Zero Indicators); Weekly/Daily trends with 4H entries |
| Validation | ✅ Validated by CTI Risk Team |
Key Takeaways for Traders
Patience and Discipline are Essential:
Adelbeck emphasizes that developing patience and discipline is crucial to long-term success in trading.Stick to Your Strategy:
He advises traders to develop their own strategy and stick to it, even if they miss opportunities—there will always be another trade.Learn from Professionals:
Reading materials from experienced traders helped Adelbeck understand the importance of having a clear plan and trusting the process.
Introduction
Adelbeck’s trading journey began with setbacks, having lost multiple accounts early on. However, with persistence, patience, and the willingness to learn from his mistakes, he developed a successful strategy that helped him pass the CTI evaluation. In this interview, Adelbeck shares how he transformed his trading approach and what lessons he learned from his struggles.
Background
Adelbeck, based in Uzbekistan, started trading over five years ago. Like many traders, he initially faced significant losses, blowing two to three accounts in the early stages. These failures led him to believe that trading might be a scam, but after reading professional traders’ articles and learning more about the markets, he realized he needed to develop his skills and patience to succeed.
Key Challenges
Impatience and Revenge Trading:
Adelbeck admits that in the beginning, he was extremely impatient, switching strategies too quickly when they didn’t deliver instant results. He also engaged in revenge trading, trying to recover losses by entering trades impulsively, which only led to further losses.Lack of Discipline:
A key obstacle in Adelbeck’s early years of trading was his inability to stick to one strategy. He lacked discipline, which made it hard for him to follow a consistent plan
Turning Point
The moment Adelbeck lost his entire account was a major wake-up call. It forced him to stop trading recklessly and re-evaluate his approach. He realized that to succeed, he needed to become more patient and disciplined. He began reading professional traders’ articles, which emphasized the importance of sticking to a strategy and having a well-defined trading plan.
Strategy and Approach
Adelbeck now trades based on pure price action without using any indicators. His strategy involves analyzing the weekly and daily charts to identify trends, then making his entries on the four-hour chart. Working full-time for a humanitarian organization, Adelbeck prefers swing and long-term trades that fit his schedule.
Conclusion
Adelbeck’s journey highlights the importance of patience, discipline, and having a well-defined trading plan. His story is a testament to how setbacks can lead to growth if traders are willing to learn from their mistakes. As a CTI portfolio manager, he looks forward to continuing his journey with the same principles that helped him pass the evaluation.
