Exclusive Interview: Munir’s Journey from Loss to Triumph with TFT

In an exclusive interview with The Funded Trader (TFT), accomplished trader Munir from Singapore provided insights into his trading journey.

Home » Exclusive Interview: Munir’s Journey from Loss to Triumph with TFT

In an exclusive interview with The Funded Trader (TFT), accomplished trader Munir from Singapore provided insights into his trading journey, shedding light on his experiences, lessons learned, and current strategies. TFT has supported Munir with a $100,000 fund, resulting in a substantial payout of $23,000.

Munir’s journey into trading began in 2008, initially exploring Forex trading with traditional indicators. However, a pause in 2010 due to losses did not deter him. Inspired by the changing landscape of trading, especially on platforms like YouTube and social media during the COVID-19 period, Munir reignited his passion for trading.

Singaporean Trader Munir Reveals Secrets to Success in TFT Exclusive Interview

During the interview, Munir shared a memorable experience from his early trading days, recounting a significant loss during an NFP (Non-Farm Payroll) event. Despite initially profiting $3,000, a misstep led to an early exit, triggering a chain of events resulting in a substantial loss. This experience emphasized the importance of discipline, control, and the impact of emotions in trading.

Munir emphasized his preference for simplicity in trading, employing strategies centered around support and resistance, trend lines, and weekly chart analysis. He primarily focuses on trading gold, transitioning from multiple currency pairs to streamline his approach. Munir elaborated on his risk management strategy, targeting a minimum of 1:1 to 1:3 risk-reward ratios, with a swing trading approach complemented by a mix of technical analysis and intuition.

When questioned about his biggest trades and losses, Munir highlighted the unique structure of funded accounts, where a 5% drawdown limit prevents substantial losses. He reflected on a memorable real money loss, a pivotal moment that led to a significant withdrawal and shaped his trading mindset.

Key Points

  • Singaporean trader Munir shares insights and success secrets in an exclusive TFT interview.
  • Munir’s trading journey, supported by TFT’s $100,000 fund, resulted in a $23,000 payout.
  • Munir’s trading passion reignited during the COVID-19 period, influenced by online platforms like YouTube.
  • A significant loss during an NFP event taught Munir the importance of discipline and emotional control.
  • Munir’s preference for simplicity in trading involves support/resistance, trend lines, and a gold-focused strategy with a 1:1 to 1:3 risk-reward ratio.

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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.

Finotive Funding is a proprietary firm founded by Oliver Newland, who understands that capital is, in most cases, the biggest obstacle to becoming a full-time trader. His goal is to create a process that will allow a way for retail traders worldwide of growing their capital and allowing them to generate significant returns.

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.