In an insightful interview with FundedNext, Akshat Gupta delved into his trading journey.
In an insightful interview with FundedNext, Akshat Gupta delved into his trading journey.
In an insightful interview with FundedNext, trader Akshat Gupta, based in Delhi, India, delved into his trading journey and shared valuable advice for fellow traders. With over two and a half years of trading experience, including a year in the Forex market, Akshat has honed his skills and developed a disciplined approach that has contributed to his success.
Akshat emphasized the importance of discipline in trading, attributing much of his success to the principles he learned through bodybuilding, a hobby he has pursued for seven years. This discipline has been instrumental in his trading strategy, which primarily focuses on gold using pivot points for analysis.
During the interview, Akshat shared his screen to demonstrate his use of pivot points on a gold chart. He explained his process of calculating pivot points using the Central Pivot Range (CPR) calculator, which helps him identify support and resistance levels. By incorporating price action and candle reading into his analysis, Akshat adapts his trading strategy based on market conditions, taking entries in different time frames depending on the day’s volatility.
He highlighted the importance of waiting for confirmation before taking trades, using patterns or specific candle formations at pivot levels. This cautious approach helps him avoid impulsive decisions and improves the accuracy of his trades.
Akshat spoke highly of his experience with FundedNext, praising their trading interface, customer service, and payout process. Trading a 200k Stellar account since January 22, 2024, he has maintained a steady equity curve despite a few drawdowns.
“My experience with FundedNext has been just wonderful overall,” Akshat said. He appreciated the firm’s supportive environment, which included a 15% challenge phase bonus and exceptional customer service.
He also stressed the importance of accepting and managing pain in trading, advising traders to maintain a consistent strategy and avoid analysis paralysis.
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