In a captivating exchange with FundedNext, Debanjan Saha, a dedicated forex prop trader hailing from Kolkata, India, unveils his trading voyage. Boasting three years in the trading arena and a recent record of consistent profits, Saha discusses his strategic approach and insights, illuminating his successful navigation of the financial markets.
Centering his strategy on the GBPUSD currency pair, Saha integrates ICT (Inner Circle Trader) methods, Supply and Demand analysis, along with bespoke tactics. His rigorous evaluation of daily and weekly charts aids him in deciphering market trends and pinpointing prime entry and exit junctures.
Why Watch the FundedNext Trader Debanjan Interview?
The interview sees Saha exploring his daily trading practices, underlining the significance of tracking key price levels and market sentiments. He outlines his risk management technique, which involves adjusting position sizes in response to account performance and market scenarios, thereby fostering sustainable account growth.
A hallmark of Saha’s trading ethos is his quick adaptability to market shifts. He is hands-on with his trades, vigilantly watching price movements and tweaking stop-loss settings to safeguard gains and curtail losses. Additionally, he applies fundamental analysis to stay updated on economic news and events, enabling him to gauge market reactions effectively.
Remarkably, despite a hectic schedule, Saha prefers trading via his mobile phone, underscoring the adaptability and reach of today’s trading platforms. His disciplined trading method serves as an invaluable guide for burgeoning traders, highlighting the essence of consistency, flexibility, and ongoing education in the forex realm.
Debanjan Saha’s narrative as a forex prop trader is replete with critical lessons for traders aiming to hone their strategies and secure steady profits. For an in-depth exploration of his methodologies and experiences, view the Full Interview.
About FundedNext
FundedNext endeavors to furnish forex traders with up to $300,000 in funding, thereby facilitating their journey to earn a full-time income while scaling their trading endeavors. Traders can select from an array of funding program alternatives, including the evaluation model, express model, one-step Stellar challenge, and two-step Stellar challenge, aligning with their trading preferences.