The Trading Pit is here with an interview with Aurel Herrmann, one of its standout traders who recently celebrated a $15,550 payout.
The Trading Pit is here with an interview with Aurel Herrmann, one of its standout traders who recently celebrated a $15,550 payout.
The Trading Pit is here with an interview with Aurel Herrmann, one of its standout traders who recently celebrated an impressive $15,550 payout and secured a prize at the New York giveaway.
Aurel’s trading journey began in 2017 during high school, where he excelled in a virtual trading competition called Gramspiel Börse, emerging as the top trader in his region. This early success ignited his passion for trading. Initially investing €5,000 to €10,000, he sought mentorship in Mallorca to navigate the complexities of the market. While he has since transitioned to different mentors, he credits early guidance as instrumental in his growth.
Aurel champions simplicity in trading, coining himself “The Primitive Trader.” He emphasizes the importance of fundamental principles: buying low and selling high. Utilizing minimal indicators—mainly support and resistance, momentum, and divergences—he relies on Market Cipher, which uses straightforward signals to guide his trades.
Focusing primarily on intraday trading, Aurel ensures that 90% of his positions are closed by day’s end, allowing him peace of mind at night. His disciplined approach helps him manage emotions, a crucial skill in trading. He begins each day with a routine that includes market analysis, avoiding impulsive decisions fueled by excitement.
Continually seeking improvement, Aurel attends conferences and private mentorship sessions to refine his skills. He remains aware of market evolution, adapting to changes like the rise of AI and trading bots.
Aurel Herrmann’s journey is a testament to the power of simplicity, discipline, and continual learning to achieve trading success.
The Trading Pit is a proprietary trading firm with a specific goal in mind. To become the new global standard in trading and investing. They are known for equipping their traders with the necessary knowledge and tools required to succeed within the trading industry. The Trading Pit works effortlessly toward finding hidden talents in traders and partnering with them since they believe a partnership is the only way to move forward and grow.
More details about the firm are HERE.