In an inspiring encounter with FundedNext, Carlos Villalva, a civil engineer from Ecuador who has ventured into the trading world as a part-time scalper, shared the story of his significant success. Residing in Guayaquil and trading actively for the last three months, Carlos has harnessed a disciplined approach to scalping, leveraging meticulous price action analysis to carve his path to success.
Carlos’s Scalping Strategy Unveiled
Carlos’s approach to trading is rooted in a deep analysis of price action, starting with the 4-hour timeframe to pinpoint key levels and then honing in on the critical 50% range on the 1-hour chart. His strategy involves identifying entry points on the 30-minute and 5-minute charts, focusing primarily on the New York trading session for executing his trades.
“I am a scalp trader, and I don’t look for extravagant rewards. A one-to-three risk-reward ratio is sufficient for me,” Carlos emphasized, showcasing the simplicity yet effectiveness of his trading philosophy.
Overcoming Challenges and Adapting Strategies
Despite facing a recent setback, Carlos remains confident in his strategy, attributing the loss to a personal execution error rather than a fundamental flaw in his approach. He also shared his predilection for trading the Dow Jones and NASDAQ indices, adopting distinct strategies for each and employing smart money analytics for NASDAQ trades, demonstrating his adaptability and strategic depth.
FundedNext: A Platform of Choice
Carlos expressed high regard for FundedNext’s platform, particularly praising the excellent trading conditions during the New York session, which feature tight spreads and minimal slippage. His experience with the platform’s support and payment systems further solidifies FundedNext as an exemplary partner for traders seeking reliability and efficiency.
About FundedNext
FundedNext stands out as a beacon for forex traders, offering up to $300,000 in funding to empower them financially. The platform provides traders with four distinct funding program options to choose from: the Evaluation Model, Express Model, One-Step Stellar Challenge, and Two-Step Stellar Challenge, catering to diverse trading preferences and strategies.
Carlos Villalva’s journey with FundedNext underscores the potential for traders to achieve remarkable profits through disciplined strategy and the support of a robust trading platform.
Explore more about forex funded programs and how FundedNext can facilitate your trading journey towards success.
