In an exclusive FundedNext interview, Joel opened up about his journey in the financial markets and success
In an exclusive FundedNext interview, Joel opened up about his journey in the financial markets and success
In an exclusive interview, experienced trader Joel opened up about his journey in the financial markets and his success with FundedNext. With over four years of trading experience, Joel primarily focuses on commodities, especially gold, which he has been trading for the longest time.
Joel highlighted that when it comes to trading, especially commodities like gold, relying solely on technical analysis is too simplistic. “You can’t say you’re just fully technical—that’s too simple. You take a lot of losses if you’re fully technical. And you need to also be very good with the macro part of it, understanding the broader economic forces at play,” he said.
Joel’s journey to FundedNext began after a stint with My Forex Funds, a prop firm he did not manage to pass. A recommendation from a friend led him to explore FundedNext, and he was particularly impressed by the firm’s reputation for large payouts and unique promotions.
“One thing that stood out to me was the promotion where, if they don’t pay you within 24 hours, you get $1,000. That takes a lot of guts for a firm to do,” Joel noted, adding that FundedNext has gained trust in the trading community because of its commitment to timely payments.
“Swing trading is more fun because, if you want to catch the move, you have to hold it longer. Day trading only suits those who aren’t naturally patient,” Joel explained. He also noted that understanding external factors, like geopolitical tensions and economic data, is crucial when trading gold, which often defies traditional technical patterns.
Joel praised FundedNext for its tight spreads, especially when trading gold, and its robust liquidity provider. “I’ve seen cases where other firms would trigger a stop loss unnecessarily, but with FundedNext, the trade closes with the actual risk you place. That’s a huge benefit for someone trading volatile assets like gold.”
“Even if I know this setup will be a ping-pong entry, I still risk 0.5%. What keeps you long in the game is risk management,” Joel concluded.
Here is the Full Interview:
FundedNext promotes the success of traders in their trading endeavors. They prioritize clients who demonstrate discipline, effective risk management, and a commitment to long-term consistency in their trading careers. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 95% profit splits.
Also, use our Discount Code (FOREXPROPREVIEWS) for a 5% Discount or read the Review.