In a recent interview, Aminul Islam shared his inspiring trading experiences with FundedNext.
In a recent interview, Aminul Islam shared his inspiring trading experiences with FundedNext.
In a recent interview, Aminul Islam, a full-time trader from Kolkata, India, shared his inspiring trading experiences with FundedNext. For the past seven years, Aminul has successfully navigated the ups and downs of the forex markets, gaining valuable insights and refining his strategies along the way.
Aminul began his trading journey after watching an investment video on YouTube. Intrigued by the charts and the dynamics of the market, he dove deeper into learning and practicing trading. Despite facing several setbacks and blowing multiple accounts, his persistence paid off, and he eventually mastered his craft.
When asked about his trading strategies, Aminul explained that he uses a combination of fundamental and technical analysis. He has developed two or three strategies, one of which is completely based on news events, while the others incorporate both news and technical indicators. He primarily trades the Euro-Dollar and Aussie-Dollar pairs, focusing on the New York session for news-based trades and adopting a flexible approach for swing trades.
Aminul shared a glimpse of his trading setups, emphasizing the importance of smart money concepts and Elliott Wave Theory. He marks zones and looks for specific candlestick patterns, such as bearish engulfing or doji candles, to identify trading opportunities. His disciplined approach to risk management has been key to his success, as he limits his risk to 0.5% of his account per trade and maintains a favorable risk-to-reward ratio.
Also, in his experience with FundedNext, Aminul highlighted the firm’s exceptional support, fast payouts, and minimal slippage, which are crucial for his news-based trading strategy. He has successfully withdrawn profits twice, demonstrating the effectiveness of his trading methods and risk management.
Aminul’s advice to struggling traders is clear: “Don’t rely on YouTube videos alone. Take proper education, practice daily, and start with a demo account. Focus on risk management and psychology, as they are more important than the strategy itself.”
Here is the Full Interview:
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