In a riveting FundedNext exclusive, Shanmuga Sunder Ganeshan, a seasoned and savvy trader, offers a deep dive into the trading strategy that has not only defined his journey in the financial markets but also led to noteworthy successes. Conducted by Simon, the interview sheds light on the nuanced approach that Shanmuga employs, striking a chord with traders far and wide.
Shanmuga Sunder Ganeshan: A Trader’s Journey
Balancing his role as a full-time product manager with his trading endeavors in Sri Lanka, Shanmuga Sunder Ganeshan is on a path to transition to trading full-time. His strategy? A focused analysis on the forex market, specifically targeting the volatility-rich currency pairs of GJ, GU, and Gold, aligning perfectly with his day and intraday trading style.
“I don’t look at the charts 24/7,” Shanmuga notes, emphasizing efficiency in his trading practice. “I spend about 25 to 30 minutes a day on analysis. If there’s an opportunity, I take it. If not, I wait.”
His approach is meticulous, with a keen eye on price action and chart patterns, especially favoring trades outside of ranging conditions. His risk management is disciplined, adhering to a strict one percent risk per trade, adjusting as necessary to safeguard his positions.
For a closer look at Shanmuga’s trading philosophy and his risk management techniques, the interview also delves into a specific trade setup that exemplifies his strategy.
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