In an exclusive interview with FundedNext, Rising Star Trader Pratik Nanaware Achieved a 116% Return in Competition. At just 28 years old and based in Maharashtra, India, Nanaware has been trading since 2020. Initially focused on the Indian markets, he has recently expanded his expertise to include Forex trading, discovering new strategies and techniques along the way. “I’ve been trading in the Indian market for about four to five years, and now I’m learning the ins and outs of Forex,” Nanaware shared.
Pratik Discusses His Journey in an Exclusive FundedNext Interview
Nanaware’s trading strategy emphasizes risk management and market sentiment analysis. By utilizing larger time frames and adjusting his stop-loss to the opening price as soon as trades move in his favor, he effectively mitigates risk while letting winning trades run. “I assess the market sentiment. If the market reverses, I cut my position and create a new one,” he explained.
His success in the competition is a testament to his disciplined approach to trading. “It’s essential to accept losses and manage them well,” he advised. “Most traders quit after facing losses, but patience and learning are crucial.”
As he continues to navigate the world of trading, Nanaware encourages newcomers to be patient and seek reliable prop firms like FundedNext that support traders’ growth. “Think about what you can learn, not just what you can earn,” he emphasized.
With his impressive results and thoughtful approach, Pratik Nanaware is undoubtedly a trader to watch in the coming years. FundedNext remains committed to fostering talented traders like him, providing a platform for growth and success in the trading world.
About the Firm
Here are some interesting facts about the firm:
- Profit Share of 60% up to 95%
- 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
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