Exclusive Interview: Nicklas Shares His Journey with E8 Markets

In an exclusive interview with E8 Markets, seasoned trader Nicklas shared insights into his trading journey and strategy, offering valuable advice for both beginners and experienced traders alike.

Nicklas, a trader from the north of Denmark, has been involved in trading for 1 to 2 years. He initially started by exploring stocks but soon transitioned to Forex and CFDs after learning about these markets from friends and acquaintances. His passion for trading quickly grew, and today, Nicklas exclusively trades Forex and gold.

When asked about his experience with E8 Markets, Nicklas praised the firm for its seamless trading environment. “I’ve tried some other prop firms, and some of them have been a bit sketchy, but I’ve really enjoyed trading with E8 Markets. It doesn’t feel much different from trading with a real account, and I haven’t encountered issues with spreads or commissions. The support has been fantastic, too,” he stated.

Exclusive Interview: Nicklas Shares His Trading Journey with E8 Markets

Nicklas follows a specific trading style focused on technical analysis, avoiding fundamental news as much as possible. “I usually wait for manipulation before the market opens in the London and New York sessions. Then, I wait for a break of structure to the opposite side,” he explained. His strategy involves focusing on 4-hour and 1-hour charts for bias and executing trades on the 15-minute and 5-minute charts.

Risk management is key to Nicklas’s success, and he sticks to a strict rule of never risking more than 1% of his account balance per trade. “I usually aim for 1 or 2 trades a day, and depending on the market conditions, I adjust my risk. For example, on volatile days like CPI releases, I risk only 0.5%,” he said.

Nicklas believes that the key to long-term success in trading is patience and consistency. “Find one strategy that you’re comfortable with, and stick with it. You’ll lose some trades, but if it’s a solid strategy, you’ll win more in the long run.”

Closing Remarks

As a testament to his strategy’s effectiveness, Nicklas recently achieved a payout of $50,000 from his 400,000 E8 Markets evaluation account, marking a significant milestone in his trading career. Nicklas wrapped up the interview by offering one last piece of advice: “Stay patient, stay disciplined, and keep learning. Success in trading is a marathon, not a sprint.”

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