FundedNext Trader Alvin: The Power of Patience and Price Action

FundedNext is excited to introduce Alvin, a talented trader who has demonstrated remarkable success.

Home » FundedNext Trader Alvin: The Power of Patience and Price Action

At FundedNext, they are proud to spotlight traders who exemplify excellence and innovation in their trading approaches. So, FundedNext is excited to introduce Alvin, a talented trader who has demonstrated remarkable success with a straightforward yet effective trading strategy.

Alvin, originally from Indonesia and currently studying economics in China, began his trading journey in 2019. Starting with stocks, he transitioned to Forex and commodities in 2021, and his dedication has paid off. Despite a challenging start, Alvin achieved funded status with FundedNext on his second attempt in 2024.

FundedNext Trader Alvin: The Power of Patience and Price Action

When asked about his trading strategy, Alvin emphasized the importance of patience. “The most important aspect of trading is patience,” he explained. “Trading, especially in Forex and commodities, significantly affects your psychology. No matter what your strategy is, if you’re not patient, you’re going to struggle.”

Alvin’s approach focuses on price action, avoiding lagging indicators. He relies on analyzing multiple time frames, from daily charts down to 30-minute intervals, to identify key support and resistance levels. His strategy incorporates supply and demand for entry points and uses limit orders to manage trades, minimizing the need to constantly monitor charts.

“Patience is key,” Alvin affirmed. “You need to have a profitable trading strategy combined with patience. This approach helps avoid overtrading and fits well with my lifestyle as a student.”

Alvin also shared insights into his trading performance, noting a reward-to-risk ratio of 1.6:1 and a win rate of 40%. While he acknowledges that summer months can be challenging, Alvin remains confident in his ability to bounce back and continue achieving success.

At FundedNext, they celebrate traders like Alvin who exemplify the qualities of patience, discipline, and strategic thinking. His journey and success are a testament to the power of a well-executed strategy and the importance of finding a trading approach that aligns with one’s lifestyle.

Key Points

  • FundedNext proudly highlights Alvin, a talented trader with a simple yet effective strategy.
  • Alvin, originally from Indonesia and studying in China, began trading in 2019 and achieved funded status with FundedNext in 2024.
  • He emphasizes that patience is crucial in trading, especially with Forex and commodities.
  • Alvin’s strategy involves price action, multiple time frames, and supply and demand, avoiding lagging indicators.
  • With a reward-to-risk ratio of 1.6:1 and a 40% win rate, Alvin’s approach aligns well with his student lifestyle and avoids overtrading.

Want to read about the firm? Click here.

Leave a Reply

Your email address will not be published. Required fields are marked *

Newsletter

Subscribe to our Weekly Newsletter

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.