In an exclusive FundedNext interview, Zain, a 23-year-old trader, reveals the secrets behind his remarkable journey.
In an exclusive FundedNext interview, Zain, a 23-year-old trader, reveals the secrets behind his remarkable journey.
In an exclusive FundedNext interview, Zain, a 23-year-old trader, reveals the secrets behind his remarkable journey in cryptocurrency and forex trading. Zain’s story is one of perseverance, learning from mistakes, and mastering a trading strategy that has propelled him to success.
Zain’s trading journey began in early 2021 when he ventured into the volatile world of cryptocurrency. Starting with a modest $2,000, he quickly turned heads by transforming it into $3,500 within the first three months. However, complacency led to a harsh lesson as he experienced a sudden crash in the crypto market, which wiped out his profits and brought his account back to its initial balance.
Despite the early setbacks, Zain’s determination remained unshaken. He continued to educate himself and develop a trading strategy that incorporated elements of market imbalances and liquidity zones. He highlighted the importance of understanding the market’s movements, emphasizing that markets either chase liquidity or rebalance themselves.
Zain’s trading style involves determining his daily bias from higher timeframes, such as daily charts, and then seeking opportunities on lower timeframes. He discussed how identifying key levels, imbalances, and liquidity zones enabled him to capture profitable short-term moves, even in challenging market conditions.
Zain’s trading portfolio evolved to encompass various instruments, including stock indices like SPX, NASDAQ, and DOW Jones, alongside forex pairs. He emphasized the significance of daily candle analysis to determine market direction.
Zain credited his journey’s turning point to his association with FundedNext. He praised the firm’s responsiveness and the ease of communication with account managers, highlighting their commitment to traders’ success. Zain shared his achievements in terms of payouts, including a substantial $20,000 payout, alluding to the 15% share offered to traders from the start as a significant benefit.
Zain stressed that his success came through discipline, risk management, and adapting to market conditions. He pointed out that markets can be unpredictable, and traders should remain flexible.
Here is the Full Interview:
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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.
Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.
MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.
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