In an exclusive interview with FundedNext, Alvin Michael, one of its successful traders, opened up about his inspiring journey.
In an exclusive interview with FundedNext, Alvin Michael, one of its successful traders, opened up about his inspiring journey.
In an exclusive interview with FundedNext, Alvin Michael, one of its successful traders, opened up about his inspiring journey in the trading world, culminating in his recent funding achievement.
Originally from Indonesia, Alvin is currently pursuing an undergraduate degree in economics in China. Since starting his trading career in 2019, he has explored various markets, beginning with stocks before transitioning to Forex and commodities in 2021.
Alvin emphasized that the most crucial aspect of trading is patience. “No matter what your strategy is, if you lack patience, you will struggle,” he stated during the interview.
Primarily employing price action strategies, Alvin steers clear of traditional indicators, which he believes can be lagging. Instead, he focuses on the structure of price movements and uses supply and demand principles for his entries. “When you read price action, you gain insights that can help you anticipate market movements,” he noted.
Alvin began his journey with FundedNext in 2021, where he faced initial challenges but remained resilient. After failing his first challenge, he persevered and successfully obtained funding on his second attempt in 2024. “FundedNext offers great conditions, including a 15% profit split and a 24-hour payout guarantee, which I find very supportive for traders like me,” he said.
When discussing his trading style, Alvin explained that he utilizes multiple time frame analyses, starting from the daily chart down to the 30-minute chart, to identify key support and resistance levels. He prefers to place limited orders and then step back from the charts to avoid the psychological toll of constant monitoring.
Alvin’s current trading statistics reflect his disciplined approach, with a focus on achieving a favorable risk-to-reward ratio. He aims for a minimum of 2:1 on his trades, taking partial profits at this level to secure gains while remaining patient for further opportunities.
As for his future in trading, Alvin believes in maintaining a balance between his academic commitments and trading activities. “Finding a strategy that fits my lifestyle has been crucial. It keeps me from overtrading and allows me to focus on my studies as well,” he shared.
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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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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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