Mohammad Armash Arshad has recently achieved an incredible milestone, earning over $200,000 in payouts with FundedNext.
Mohammad Armash Arshad has recently achieved an incredible milestone, earning over $200,000 in payouts with FundedNext.
Mohammad Armash Arshad, a 23-year-old trader from London, has recently achieved an incredible milestone, earning over $200,000 in payouts with FundedNext.
Starting his trading journey at just 17 years old, Mohammad initially faced many challenges, trading on personal accounts without a clear strategy. He admitted to losing over £60,000 during his early years, but his persistence paid off when he transitioned to prop trading at the age of 22.
After joining FundedNext and other prop firms like My Forex Funds, FTMO, and Alpha Capital, Mohammad received his first payout just six months ago. This marked a turning point in his trading career. Since then, his profits have skyrocketed, with his latest performance showing an 18% gain on a $100,000 FundedNextaccount.
Mohammad’s trading approach is simple yet effective, focusing primarily on the NASDAQ, where he trades liquidity sweeps and reversals. He explained that by focusing on specific setups, such as sweeping the Asian high or low and waiting for a reversal pattern, he consistently maintains an 80% win rate on NASDAQ trades. His risk management strategy is equally impressive, with a maximum drawdown of just 5% daily and a smaller risk per trade once funded, ensuring long-term sustainability.
Despite his rapid success, Mohammad remains grounded in his approach. He emphasizes the importance of understanding risk and journaling both wins and losses to learn from each trade. His message to aspiring traders is clear: “Focus on a trustworthy mentor, backtest and forward-test your strategy, and always review your losses. Understanding where you’re going wrong is crucial to improvement.”
Looking ahead, Mohammad plans to transition from trading to investing in real estate, seeing it as a more passive source of income. He aims to quit trading in the next two years, with plans to use his prop trading profits to build a property portfolio.
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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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