FundedNext Trader Interview: James 8-year Exclusive Journey

In the FundedNext trader Interview, James shared his journey who has been active in the Forex market for the past eight years. Currently based in Germany, James is approaching the end of his time in the armed forces and is preparing to return to the UK.

James has chosen FundedNext as his preferred prop trading firm. He cited the firm’s superior spreads and outstanding customer service as key factors in his decision. Having tested several prop firms in the past, he found FundedNext to be the most beneficial due to their more favorable trading conditions and support.

James primarily trades Forex and gold, leveraging his comfort and expertise in these markets. He utilizes the hourly time frame for his trades, focusing on support and resistance, trend lines, and a few additional confirmations. His strategy involves drawing trend lines and looking for breaks and retests to determine entry points.

FundedNext Trader Interview: James 8-year Trading Exclusive Journey

During the conversation, James demonstrated his approach using the EUR/USD pair. He shows how he places resistance brackets and watches for price action around these levels. He highlighted the importance of taking partial profits, closing half of a trade at a one-to-one risk-reward ratio, and letting the remainder run at break even. This method helps manage risk and secure profits even if the market reverses.

James also shared his views on market conditions, noting that he avoids pairs with larger spreads due to their tendency to expand significantly, which can negatively impact day trading. He emphasized the importance of patience and discipline, advising traders to stick with a system for at least a month, journal all trades, and not be discouraged by temporary losses.

He mentioned that while he doesn’t use many indicators, he does use the RSI and MACD for additional confirmation. James prefers clean charts and relies primarily on price action for his trading decisions.

Here is the Full Interview:

About the Firm

Here are some interesting facts about the firm:

• 15% Profit Split From Demo Phases
• Overnight & Weekend Holding Allowed
• News Trading Allowed (Except Consistency Express Model)
• Swap-free Accounts
• No Commission Fees on Indices & Cryptocurrencies
• Balance-based Drawdown
• Access to Trading Psychologists

Also, use our Discount Code (FOREXPROPREVIEWS) for a 5% Discount or read the Review.