In a recent interview with FundedNext, John, a 34-year-old police officer from the Philippines, shared insights into his trading journey.
In a recent interview with FundedNext, John, a 34-year-old police officer from the Philippines, shared insights into his trading journey.
In a recent interview with FundedNext, John, a 34-year-old police officer from the Philippines, shared insights into his trading journey and strategies. With two to three years of trading experience, John has been navigating the markets since the pandemic began in 2021. His trading focus has narrowed to gold, a challenging but rewarding asset class.
John’s trading journey began with Bitcoin during the pandemic, but he soon transitioned to Forex, thanks to the guidance of a fellow officer and friend, Mr. Mark. Today, he primarily day trades gold, focusing on the Asian and London sessions, where he finds the most profitable opportunities.
John employs a straightforward strategy that relies on support and demand zones coupled with breakout and retest techniques. He typically enters trades on the 30-minute timeframe, seeking quick profits with an average risk-reward ratio of 1:2. Despite his disciplined approach, John admits that maintaining consistency has been a challenge, especially in the volatile gold market.
During the interview, John candidly discussed his current challenges, including a significant drawdown on his 100K funded account. However, he remains optimistic and is working on refining his strategy to regain consistency. He emphasized the importance of staying humble in the markets, cautioning fellow traders against overconfidence.
John’s advice to struggling traders is to take a break, step back from the charts, and reset their mindset. He also reminded successful traders to remain grounded, as the market can be unpredictable.
FundedNext is proud to support traders like John, who continue to persevere and grow in their trading journey. They wish John the best of luck in overcoming his current challenges and achieving long-term success.
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