Collins Eva, a seasoned trader from Nigeria, recently shared his trading journey and insights during his interview with FundedNext. Having been in the trading game for over three years, Collins specializes in both Forex and synthetic indices, using simple yet effective strategies based on market structure.
When asked about his trading style, Collins explained, “I follow the trend by buying low and selling high. I focus on higher highs and higher lows to determine bullish trends, and once I spot a bullish market, I follow the trend.” He emphasized the simplicity of his approach, which involves waiting for retracements and then positioning for the next higher high.
Collins Eva in an Interview: Strategies from a FundedNext Trader
Currently, Collins is in the evaluation phase with FundedNext as he works towards getting a funded account. He trades on the Stellar evaluation account, where he recently hit the daily drawdown limit. “It was caused by news events. My stop loss couldn’t hold, and I ended up losing more than my risk tolerance,” Collins explained, reflecting on the challenge. Despite this setback, he continues to trade from his personal account while working towards a funded account.
Collins’s approach to trading involves using a one-hour time frame for analysis, followed by a 15-minute time frame to fine-tune entries. He demonstrated his method with a recent buy trade, explaining how the market formed higher highs and higher lows, providing him with the confidence to enter.
Regarding his experience with FundedNext, Collins shared, “A friend recommended FundedNext to me, and I was drawn to their 15% profit share from the challenge phase. They offer a unique advantage over other firms.” He also praised the platform’s fast payout system, which ensures traders receive their earnings within 24 hours.
About the Firm
Here are some interesting facts about the firm:
- Scaling Plan
- Bi-weekly Payouts
- Profit Share of 60% up to 95%
- 15% Profit Split From Demo Phases
- Overnight & Weekend Holding Allowed
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