FundedNext Trader Alvin Michael Shares His Path to Success

In a recent interview with FundedNext, Alvin Michael Soenjoto, a young and promising trader from Indonesia, shared insights into his trading journey and strategies. Currently pursuing his undergraduate degree in Economics in China, Alvin has been trading since 2019, starting with stocks before moving on to Forex and commodities in 2021.

Alvin first joined FundedNext in 2021, attracted by the firm’s favorable trading conditions, including a 15% profit split in the early phases and a 24-hour payout guarantee. Although he initially struggled, failing his first challenge, Alvin’s perseverance paid off. In 2024, he successfully passed the challenge on his second attempt and now trades with a funded account.

When discussing his trading style, Alvin emphasized his reliance on price action, eschewing traditional indicators in favor of analyzing the market’s raw movements. “I don’t use any indicators because I think all of them are lagging,” he explained. Instead, Alvin focuses on supply and demand levels to determine his entry points, using multiple time frame analyses to refine his trades.

FundedNext Trader Alvin Michael Soenjoto Shares His Path to Success

A key factor in Alvin’s success, he believes, is patience. “No matter what your strategy is, if you’re not patient, you’re going to be doomed,” he noted. He also highlighted the importance of having an edge in one’s trading strategy, combined with the discipline to stick to it.

Despite a challenging week that saw his account temporarily dip after being up nearly 7%, Alvin remains committed to his approach. He expressed satisfaction with FundedNext’s platform, particularly the speed of payouts and the trading conditions offered.

Alvin’s story is a testament to the importance of resilience and discipline in trading. His journey with FundedNext reflects the firm’s commitment to providing traders with the tools and support they need to succeed in the competitive world of Forex and commodities trading.

The Bottom Line: A Recap of Significance

• Alvin Michael Soenjoto, an Indonesian trader, joined FundedNext in 2021 after beginning his trading journey in 2019.
• He passed the FundedNext challenge in 2024, using a price action strategy with multiple time frame analyses.
• Alvin attributes his success to patience and is pleased with FundedNext’s platform and quick payouts.

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