In an exclusive interview with TFT, they sat down with Evan, a successful trader who has navigated the challenges of the trading world.
In an exclusive interview with TFT, they sat down with Evan, a successful trader who has navigated the challenges of the trading world.
In an exclusive interview with TFT, they sat down with Evan, a successful trader who has not only navigated the challenges of the trading world but has also secured impressive payouts. Evan, who began his trading journey with $3,000-$4,000, now reveals his insights and strategies that have led him to over $40,000 in payouts.
Evan’s journey into trading started after high school, around the end of 2020. Initially skeptical after a minor loss, he rediscovered interest through the success stories of others. It wasn’t until two years ago that Evan began taking trading seriously, pushing himself to learn and grow consistently.
Evan started with Robinhood and leverage trading and switched to Forex after a brief period of demo trading. His transition from demo to live was driven by the belief that live capital enhances the learning process. Initially investing 75% of his $3,000-$4,000 savings, Evan faced early challenges, including losses in a signal-following group.
Evan’s journey involved overcoming psychological barriers, particularly overattachment to trades and the desire for quick success. His risk management strategy deviates from the norm, relying on a confluency-like grade scale. Evan starts with 0.75-1% risk, adjusting it based on the confluences he observes. He doesn’t set a fixed max percentage per day but dynamically adjusts risk based on trade progress.
Focusing mainly on gold, Evan shared a recent trade example. Starting with a daily and weekly analysis to establish bias, Evan explained how he entered a sell position on the 4-hour chart. He showcased how he strategically loaded additional entries, emphasizing confluences and momentum.
Evan admitted his initial struggles with emotional trading, riding a rollercoaster of confidence and self-doubt. Over time, he honed his psychological approach, learning to detach emotions from trades and maintain a more stable mindset.
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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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