In a recent interview, FundedNext trader John Joseph shared his inspiring journey from a police officer in the Philippines to a day trader.
In a recent interview, FundedNext trader John Joseph shared his inspiring journey from a police officer in the Philippines to a day trader.
In a recent interview, FundedNext trader John Joseph shared his inspiring journey from a police officer in the Philippines to a dedicated day trader specializing in gold. At 34 years old, John has been trading for approximately two to three years, having started in 2021 during the pandemic.
John began his trading career with Bitcoin, a popular choice at the time. However, with the guidance of a friend and colleague, Mr. Mark, he transitioned into Forex trading. Over time, John found his niche in gold trading, a market known for its volatility.
“I focus on day trading,” John said, explaining his preference for the Asian session, which aligns with his local time zone. “The market is so volatile, especially during the Asian session, and it suits my trading style.”
John’s approach to trading is straightforward. He relies on support and demand zones combined with breakout and retest strategies. “I prefer the 30-minute timeframe for my entries,” he shared, highlighting his method of analyzing the market from the daily timeframe down to the 30-minute chart.
Despite the simplicity of his strategy, John admits that consistency remains a challenge. “I think my strategy isn’t consistent enough. I need to analyze it more,” he noted.
Like many traders, John has experienced both successes and setbacks. He shared insights from his FundedNext 100K account, where he initially made over $7,000 in profit. However, he is currently navigating a significant drawdown.
“I’m in a huge drawdown right now,” John revealed. Despite this, he remains optimistic and determined to refine his approach.
John offered valuable advice for traders, whether they are facing losses or riding a winning streak. “For those on the losing side, take some time for yourself and stay away from the charts for a week or two. Read some good books and restart yourself,” he advised. “And for those on the winning side, always be humble—stay humble—because you never know when the market will slap you in the face.”
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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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