In an enlightening conversation, Josh, an elite athlete with a storied career in World Championship motorbike racing, shares his remarkable transition into the world of trading, spotlighting his achievements with FunderPro.
With a rich background of 15 years in professional racing, Josh has adeptly shifted gears to the forex markets. This move, driven by a zeal for success and a disciplined approach, symbolizes his proactive stance on shaping a sustainable future beyond the race tracks.
Josh’s Trading Philosophy
Josh’s trading strategy is as unique as his career path, focusing on market patterns and weekly cycles combined with precise entry triggers. He stresses the importance of discipline and the necessity for clear confirmation before executing trades. His approach is patient, awaiting the ideal setup that aligns with his high-risk-to-reward ratio goals.
He expresses gratitude towards FunderPro for facilitating his trading endeavors, particularly valuing the firm’s 10% drawdown limit and the allowance for keeping positions open over several days, which perfectly complements his long-term trading methodology.
Parallel Lessons from Racing to Trading
The parallels Josh draws between his racing career and trading emphasize the universal principles of dedication, discipline, and an unwavering desire for excellence. He highlights his competitive nature and aversion to losses, underlining the critical role of strict rule adherence and patience in achieving trading success.
Transitioning from the adrenaline-fueled world of racing to the analytical realm of trading, Josh advises on the pragmatic approach of balancing trading with a primary job. This strategy has enabled him to immerse in trading without the pressure of immediate financial gains, facilitating a smoother transition into full-time trading.
Advice for Aspiring Traders
For newcomers to trading, Josh underscores the significance of establishing and following stringent rules. He cautions against the lure of breaking these rules, advocating for patience and acknowledging the psychological challenges inherent in trading.
About FunderPro
FunderPro is at the forefront of redefining trader engagement with financial markets, offering a platform for risk-mitigated trading opportunities. By empowering traders to manage accounts up to $200,000 and earn up to an 80% profit split, FunderPro opens avenues for trading a diverse array of instruments, setting a new standard in proprietary trading.