Interview with successful trader: Matúš shares how effective Stop Loss helped him achieve profitable results

Successful forex funded trader, Matúš reveals strategies that led to his trading breakthrough, in this exclusive interview:

1. Tell us a little about yourself

My name is Matúš, and I have been actively involved in trading for over 18 months. I started trading on the stock market because I wanted to create an alternative source of income.

I take it very seriously, which is why I continuously invest time in education.

My goal is to become a full-time trader, which is a truly motivating challenge for me.

I believe that if I follow the right principles, I can achieve long-term success in this field.

2. What trading strategies do you consider the most effective on your trading journey?

The most effective strategy in trading, in my opinion, is consistent and safe risk management. It is an essential part of every successful trader.

The key to long-term success is not only knowing how to analyze the market but also the ability to limit emotions when trading.

From a technical perspective, I often focus on trend lines. It provides many potential trading opportunities to me.

I consider it one of the most reliable tools in market analysis because they are often visible and easy to use.

3. How do you manage risk in your trades, and what advice do you have for prop traders looking to improve their risk management skills?

The key element in risk management is definitely the Stop Loss. In every trade I execute, I set a SL to limit potential losses and protect my capital.

I consider this essential because, without proper protection, even small market movements can be very costly.

When trading a funded account, it is important to make profits without unnecessarily risking the capital, which is why proper SL settings ensure long-term protection and stability.

Risk management is thus a key factor that allows me to continue trading even after unsuccessful trades.

4. How do you handle emotions during challenging market conditions? Or when you’re in a drawdown, do you struggle with emotions?

I don’t struggle with emotions when the market doesn’t go as expected because I know the market isn’t always predictable.

It’s important to have pre-set rules and discipline. My strict use of Stop Loss is a tool that helps me protect my capital and prevents me from being driven by emotions.

Every trader should understand that it’s impossible to be right all the time and that being prepared for any adverse moves in the market is essential.

In the market, it’s important to follow the facts, not impulses, which are often the result of emotions.

5. Can you talk about the importance of discipline in sticking to your trading plan and how it contributes to long-term success?

Discipline is essential for me. I’ve learned that success doesn’t come from quick, impulsive decisions, but through consistent adherence to my trading strategy.

In the long run, “less is more,” meaning that having the right approach, being patient, and not trading at every moment leads to better results.

I went through many challenges before I got a funded account, and these experiences taught me a disciplined approach. Those challenges served as templates into which I could fit, and success followed naturally.

6. Which markets or currency pairs do you focus on, and why?

I mainly focus on the Nasdaq, gold, and the German DAX index because these markets suit me with their volatility and interesting reactions to fundamental news.

Nasdaq offers good movements and volatility, which allows me to take advantage of short-term trading opportunities, while gold and DAX react to global economic factors, providing additional trading opportunities.

I feel comfortable with these markets and can track them in detail, which is crucial for successful trading.

7. How do you adapt your trading strategy to different market conditions, such as high volatility?

I try to avoid trading during extreme volatility, such as during major macroeconomic announcements, because the market is more prone to false movements or slippage, which could jeopardize my capital.

These situations are not ideal for me, so I prefer to wait for more stable markets.

Trading outside of these extreme times allows me to better control risk and take advantage of opportunities that are less volatile but still sufficiently profitable.

8. Can you share your most significant trading success and your biggest failure during your trading journey (highlighting the lessons you learned from these moments)?

One of my biggest successes is obtaining a $160,000 funded account from RebelsFunding.

This success represents an important milestone for me because working with such a reputable firm gives me stability and an opportunity to grow as a trader.

On the other hand, my worst experiences were in the early days of trading when I didn’t put enough emphasis on using Stop Loss, leading to significant losses and failures.

Today, I use Stop Loss in every trade.

9. How do you handle losses, and what steps do you take to effectively recover from drawdowns?

When I experience a loss in a funded account, I try to stay calm and focus on analyzing unsuccessful trades.

I learn from every wrong decision, so I often take a break from trading for a day to rest and regenerate my mind.

This break helps me gain perspective and prepare for the next trades calmly.

10. Which technical indicators do you rely on, and how do you use them when deciding on trades?

I don’t use any indicators because I focus on pure price and its movements. However, I often use candlesticks on larger time frames like H1 and H4 because they help me see a broader overview.

11. How do you determine the optimal time frame for your trades, and what factors influence your choice?

My entries are usually on larger timeframes, such as H1 and H4. Although I focus on smaller profits, these trades often have a higher potential for profits and provide me with more certainty when entering the market.

When deciding, I always take the market’s momentum into account, and the US trading session is the ideal time for me to trade because it offers high volatility, allowing me to take advantage of price swings to achieve profits.

12. On a scale from 1 to 10, how would you rate our prop firm (RebelsFunding), and why?

I rate RebelsFunding very positively – 10, because they offer real payouts and excellent support, which is always available when I need it.

Communication with the team is quick and efficient. This gives me a sense of security.

Additionally, I really appreciate the conditions for obtaining a funded account. It allowed me to gain the necessary experience and make great progress in trading.

These factors give me the motivation to continue in this field and persistently grow as a trader.

CLICK HERE TO VIEW MATÚŠ’ TRADING PERFORMANCES