In a recent interview, Itodo, a trader from B State, Nigeria, shared his journey in the world of trading and his experience with FundedNext.
In a recent interview, Itodo, a trader from B State, Nigeria, shared his journey in the world of trading and his experience with FundedNext.
In a recent interview, Itodo, a trader from B State, Nigeria, shared his journey in the world of trading and his experience with FundedNext. With three years of trading under his belt, Itodo’s insights shed light on the challenges and triumphs faced by traders in the industry.
Itodo, who is currently studying at the School of Technology in Minna, Niger State, began his trading journey predominantly with demo accounts before transitioning to live trading in 2023. “I started funding my account last year, and it’s been a positive experience with FundedNext,” he stated.
Discussing his trading style, Itodo revealed that he primarily focuses on gold trading, employing various strategies such as pattern analysis and supply and demand zones. He typically utilizes multiple time frames, including the 4-hour and 5-minute charts, to identify entry points.
Itodo expressed his appreciation for FundedNext’s platform, highlighting its favorable spreads and funding options. However, he raised concerns about the timely issuance of payout certificates, which he feels are crucial for traders in Nigeria to validate their earnings, especially given the stigma around making money in dollars.
Moreover, Itodo suggested that FundedNext should strengthen its presence in Nigeria through community events and meetups similar to those held in other regions. “It’s been a while since I’ve seen gatherings for traders in Nigeria. I believe such initiatives would be beneficial for the trading community here,” he said.
As for future improvements, Itodo proposed increasing the overall drawdown limit from 10% to 12%, which he believes would provide traders with greater flexibility.
In closing, Itodo expressed gratitude for the support he’s received from FundedNext and wished to see further enhancements that could benefit traders in Nigeria. “Good luck to everyone at FundedNext, and I look forward to seeing what comes next for us traders,” he remarked.
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