In an enlightening conversation with FundedNext, accomplished trader Mohamed shares his journey from a delivery company employee to a full-time trader, highlighting his effective trading strategies and risk management techniques. Mohamed’s story is a beacon of inspiration for both new and seasoned traders alike.
From Humble Beginnings to Trading Success
Mohamed’s diverse background, spanning Syria and Romania, and his current residence in Italy, paints the picture of a trader with a unique perspective on the markets. His transition to full-time trading has been marked by significant achievements, much of which he attributes to the supportive environment at FundedNext.
He particularly values the Ultimate Stellar account challenge offered by FundedNext for its flexibility and lack of time constraints, aligning perfectly with his trading style.
Strategies for Success
Opting to trade during the Asian session, Mohamed leverages the reduced volatility to employ a scalping strategy, targeting 20 pips on major FX pairs and gold. His technical analysis hinges on support and resistance zones, Fibonacci retracement levels, and occasionally, a fractal zone strategy for scalping.
Operating from Italy, Mohamed finds the early hours of the New York session ideal for his trading, emphasizing smaller, well-calculated trades that have consistently yielded positive outcomes.
Risk Management: The Key to Longevity
Mohamed is a staunch advocate for disciplined risk management, adhering to FundedNext’s guideline of capping daily losses at 1%. This approach has been instrumental in his ability to maintain a successful trading career without overexposing himself to market volatility.
About FundedNext
- FundedNext encourages traders towards success by emphasizing discipline, risk management, and long-term consistency.
- With a scaling plan that allows traders to manage up to $4,000,000, the firm sets high expectations for its clients.
- Traders enjoy profit splits ranging from 60% to 90%, based on their selected funding program option.
Mohamed’s interview with FundedNext offers invaluable insights into the mindset, strategies, and disciplines required to succeed in the competitive world of trading. His journey is a testament to the opportunities that disciplined trading and effective risk management can unlock.
