In a recent interview with FundedNext, Soumya Kiran Nayak, a 22-year-old dentistry scholar from India, shared his journey.
In a recent interview with FundedNext, Soumya Kiran Nayak, a 22-year-old dentistry scholar from India, shared his journey.
In a recent interview with FundedNext, Soumya Kiran Nayak, a 22-year-old dentistry scholar from India, shared his journey through the dynamic realms of trading. Nayak, introduced to the trading world by a friend two years ago, shared his insights, focusing on his affiliation with FundedNext, a firm that has been instrumental in his burgeoning success.
Nayak’s trading endeavors primarily orbit around metals, with gold taking center stage, coupled with a selection of GBP pairs. During the interview, Nayak delved into his intricate strategy, highlighting the significance of psychological numbers and Fibonacci retracement in his decision-making process.
Central to Nayak’s approach is a disciplined risk management system, where he typically puts 1% to 2% of his account at stake. Emphasizing the virtues of patience and a robust psychological outlook, Nayak underscored their pivotal role in navigating the tumultuous trading waters.
FundedNext, the backdrop against which Nayak orchestrates his trades, received accolades for providing a transparent and accommodating environment. Nayak expressed contentment with the platform, noting his satisfaction as he successfully withdrew profits from his 6K account within a brief timeframe.
Furthermore, beyond his personal journey, Nayak extended advice to fellow traders, advocating for patience, self-confidence, and mental resilience. As Soumya Kiran Nayak continues to etch his narrative into the fabric of the trading world, his tale serves as a beacon of inspiration, illustrating the potential for success when paired with firms like FundedNext. The trading community awaits Nayak’s unfolding chapters with eager anticipation.
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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.
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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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