As a trader with FundedNext for the past six to eight months, Akshay has enjoyed the opportunity to participate in their funded programs.
As a trader with FundedNext for the past six to eight months, Akshay has enjoyed the opportunity to participate in their funded programs.
In the world of trading, understanding the nuances of the market is crucial. Many traders often overlook key strategies, but Akshay, a dedicated Forex trader from Delhi, India, has learned the importance of self-belief and strategy development throughout his trading journey. As a trader with FundedNext for the past six to eight months, Akshay has enjoyed the opportunity to participate in their funded trading programs. Currently, in the second phase of evaluation, he has previously cleared two evaluation programs, achieving profits of three to five times his initial investment. He praises FundedNext for its efficient payout system, which he believes is one of the best in the industry.
When asked about his trading style, Akshay identifies as a day trader, primarily operating on one-hour and four-hour time frames. He also reviews the daily time frame to gauge market trends. Akshay’s trading strategy includes a mix of classic techniques, such as Zone-to-Zone trading and the break and retest formula, enhanced by Fibonacci retracement levels to identify optimal entry points.
Reflecting on his growth as a trader, Akshay notes that losses are a part of the learning process. He advises traders to embrace their losses as opportunities for growth and improvement. “Don’t let your losses affect your mindset. Stay focused on your strategy,” he asserts.
Akshay credits his recent success to a combination of discipline, psychological resilience, and effective risk management. He advocates for rigorous backtesting and journaling to track performance and refine trading strategies. “Backtesting is key in Forex trading,” he states, highlighting the importance of using demo accounts to validate strategies before committing real funds.
As he continues his journey with FundedNext, Akshay remains optimistic about his future in trading. “Believe in yourself; it’s up to you to build your own strategy. Keep practicing and backtesting, and you will succeed,” he encourages aspiring traders.
With a growing track record and a commitment to continuous improvement, Akshay is poised for further success in the trading world, demonstrating that determination and a solid strategy can lead to profitable trading experiences.
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