Interview with Akshay Kumar: Insights from a Trader at FundedNext

In a recent interview, Akshay Kumar, a dedicated Forex trader from Delhi, India, shared his journey and experiences with FundedNext. With three to four years of trading under his belt, Akshay began his trading career during the pandemic, which allowed him to focus on honing his skills and developing his trading strategy.

Akshay highlighted the importance of believing in oneself rather than solely relying on mentors. “Many traders don’t realize at what point they need to exit,” he explained. “It’s crucial to keep your mindset clear and not let losses affect your emotions. Focus on your strategy instead.”

Currently, Akshay is engaged in the IF Next challenge and exclusively trades currency pairs. He emphasizes the benefits of concentrating on a few key pairs, such as GBP/USD, GBP/JPY, and EUR/USD, to avoid spreading oneself too thin. 

Interview with Akshay Kumar: Insights from a Trader at FundedNext

Having been with FundedNext for 6 to 8 months, Akshay expressed his satisfaction with the opportunity to trade using the firm’s funds. “The payout system is unmatched in the industry, with a guarantee of $1,000 if payments are delayed,” he stated. “Typically, payouts are processed within two to four hours.”

Reflecting on his trading strategy, Akshay shared that he initially experimented with various techniques before developing his own approach, which incorporates Zone-to-Zone trading and the break-and-retest formula. He also employs Fibonacci retracement to identify optimal entry points in the market. “Many traders overlook the importance of exits,” he noted. “Being patient and allowing trades to run in profit can help cover future losses.”

When asked about his path to profitability, Akshay credited discipline, psychology, and effective risk management as key factors. “Trading is challenging, and losses are part of the process. Instead of being discouraged by losses, view them as learning experiences,” he advised.

As a parting piece of advice for fellow traders, Akshay encouraged them to cultivate their own strategies and maintain self-belief. “Trading is one of the most difficult professions. Don’t compare your journey to others; focus on your own growth,” he concluded.

Key Points

• Akshay Kumar is a Forex trader from Delhi with three to four years of experience.
• He began trading during the pandemic and focused on self-belief.
• Currently, he participates in the IF Next challenge, trading key currency pairs.
• Akshay praises FundedNext’s quick payout system and $1,000 delay guarantee.
• He advises traders to learn from losses and develop their own strategies.

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