FundedNext Trader Nikolay Interview: Simple Strategy?

In a recent interview with FundedNext, trader Nikolay Petrov revealed his winning strategy, shedding light on his path to trading success. Hailing from Bulgaria, Petrov has emerged as a leading figure with his unique approach and insightful tactics.

During the interview, Petrov provided a glimpse into his trading journey, which began in 2017. With a focus on Forex trading, Petrov shared that he devotes his full-time attention to mastering the markets.

Petrov’s trading style revolves around simplicity and focus. He explained that over the years, he has refined his strategy to concentrate on specific currency pairs, particularly the EUR/USD pair. By focusing on fewer pairs, Petrov believes traders can gain a deeper understanding of market movements and enhance their trading edge.

FundedNext Trader Nikolay Interview: Trading 5 Pairs with Simple Strategy?

When discussing his trading strategy, Petrov emphasized the significance of key sessions, such as the London and New York openings. He highlighted the importance of identifying session highs and lows, using them as focal points for entry and exit decisions.

Also, rather than relying on complex indicators, Petrov opts for a straightforward approach. He focuses on price action and structural analysis. He emphasized the value of patience and discipline, waiting for opportune moments to enter trades based on retests of key levels and breakout structures.

During the interview, Petrov provided a live demonstration of his strategy, showcasing how he identifies trading opportunities and manages positions effectively. He stressed the importance of risk management and the psychological aspect of trading, advising traders to remain calm and patient amid market fluctuations.

When asked about his success, Petrov attributed much of it to trading with funded accounts. He encouraged aspiring traders to leverage funded accounts as a means to validate their skills and accelerate their progress in the trading world.

Here is the Full Interview:

About the Firm

FundedNext offers forex traders up to $300,000 funds to financially empower them and help them earn full-time while also being able to scale further. Depending on their preferences, traders can choose from six unique funding program options, which consist of three two-step evaluations and three one-step evaluations.

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