Riadh Mazgou: Making Above €7,000 Profit

Riadh Mazgou from Germany recently completed the Sweet Pepper 100K challenge, achieving a total net profit of over  €7,000. In his interview, Riadh shared his insights on the challenge and his journey in trading.

 

Why do you like to trade with SpiceProp?

 

I was impressed with SpiceProp strong emphasis on trader support and risk management, which align perfectly with his trading strategies.

 

 
What is the most important thing that has helped you to pass the SpiceProp challenge?

 

For me effective risk management has been crucial in passing the SpiceProp challenge, as it helps preserve capital and maintain consistent performance throughout the challenge.

It is also important to maintain emotional discipline that helped me to stick to my trading plan.

 

 

 

 

What was the key moment in your career as a trader?

 

I discovered the supply and demand concept. Understanding these fundamental concepts allowed me to enhance significantly my ability to anticipate market movements and make informed decisions.

 

 

How long have you been trading?

 

For about 2 years.

 

 

What is your trading plan?

 

My trading combines technical analysis with market research. My strategy is focused on identifying key support and resistance levels, utilizing supply and demand for execution, and aiming for a high risk-reward ratio of at least 1:3.

 

 

What quality of your character helps you succeed in the SpiceProp challenge (in three words)?

 

Being strategic, patient, disciplined.

 

 

 

 

What separates the average traders from the best?

 

The best traders have exceptional discipline and emotional control.

 

 

Can you tell us about the best piece of advice that has brought you good results in the SpiceProp challenge?

 

Maintain emotional discipline and stick to the trading plan.

 

 

Could you share with our SpiceProp Trader community book, online resources, people that are significant in your trading development?

 

Actually I don't have any specific resources but I mainly use YouTube watching different videos to learn about various aspects of trading.

 

 

Should we learn from ourselves or from others?

 

Learning from both is essential. Studying others provides valuable insights and proven strategies, while learning from our own experiences helps tailor approaches to your unique style and circumstances.

 

Account statistics. Sweet Pepper 100K, step 1. Trader: Riadh Mazgou