In an exclusive FundedNext interview, Mr. Davide shared his journey as a seasoned trader.
In an exclusive FundedNext interview, Mr. Davide shared his journey as a seasoned trader.
In an exclusive FundedNext interview with Mr. Davide, a seasoned trader with a remarkable track record, shared his journey, trading strategies, and insights into the trading markets.
Mr. Davide, who resides in Dubai but hails from Italy, shared that he embarked on his trading journey in 2018. He expressed gratitude to his Italian and Canadian teachers, who played a pivotal role in shaping his trading mindset. His Italian teacher taught him the importance of maintaining composure and not succumbing to rushed decisions.
Mr. Davide emphasized that he primarily relies on fundamental analysis regarding trading strategies. He revealed that his strategy involves starting with economic news as a foundation. “For me, the main point has to be fundamental analysis,” he stated. He also explained that he uses Pitchfork levels and the Alligator indicator for trade entries, further confirming with the EMA 200.
Managing risk, especially in volatile markets like gold, is crucial. Mr. Davide shared his approach, stating that he controls risk primarily by adjusting the size of his positions. He prefers smaller sizes, allowing him to wait for favorable market conditions to close trades.
When asked about handling emotions during losing streaks, he stressed the importance of recognizing when to step away. He mentioned that if he feels tired or his mind isn’t clear, he prefers not to trade. Managing emotions and staying level-headed are key elements of his success.
Over the years, Mr. Davide learned the significance of risk management and journaling trades. He shared that his biggest profit in a single trade was a couple of thousand euros, and his typical risk-reward ratio is one to three or one to two.
Mr. Davide commended FundedNext, which he currently trades with, for its professionalism and support. He particularly appreciates the flexibility and support provided by the firm, especially during news events.
Looking ahead, Mr. Davide expressed his desire to continue growing and working with Funded Next. He hopes to expand his trading accounts and explore different trading systems, combining Forex with vanilla options.
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