Austin Talks Trading Strategies in FundedNext Trader Interview

In a recent interview with FundedNext, they had the pleasure of speaking with Austin Otakho, a trader from Birmingham, UK.

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In a recent interview with FundedNext, they had the pleasure of speaking with Austin Otakho, a trader from Birmingham, UK, who has been making waves in the trading world since 2017. Austin’s story is one of determination, skill, and strategic growth.

Austin’s initial foray into the crypto market was marked by challenges and learning experiences. “Your first experience with crypto often involves losses,” he reflects. “But persistence is key. The more you stay in the market, the better your understanding and potential earnings.”

Austin Otakho Talks Trading Strategies in FundedNext Trader Interview

Austin’s partnership with FundedNext began last year. Despite an initial setback, the firm’s quick resolution and reliable payout system were game-changers for him. “The guaranteed payout was a major factor in my decision to work with FundedNext,” Austin shares. “It’s a standout feature that solidified my trust in the platform.”

Austin specializes in major indexes like US30 and NAS100, focusing on one asset to gain a deeper market understanding. His trading strategy includes a breakout method based on the Asian and London ranges, complemented by a demand and supply approach that identifies significant support and resistance levels.

“I use a breakout strategy, observing the Asian and London ranges for significant price movements,” he explains. Austin also relies on indicators such as the Simple Moving Average (SMA) and RSI, along with market session indicators, to pinpoint key trading opportunities.

He encourages beginners to avoid the pressure of relying solely on trading for income and to focus on continuous learning. “There’s a lot of educational content available—filter out the noise and keep honing your skills.”

Key Points

  • Austin Otakho, a trader from Birmingham, UK, has significantly impacted the trading world since 2017.
  • He notes that initial losses in crypto trading are common but emphasizes the importance of persistence and experience.
  • Austin partnered with FundedNext last year, appreciating their quick resolution of issues and reliable payout system.
  • He specializes in major indexes like US30 and NAS100, using a breakout strategy and indicators like SMA and RSI for trading.
  • Austin advises beginners to focus on continuous learning and not to rely solely on trading for income.

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The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.

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