FundedNext Trader Nutthawut Interview: Trading Gold for Volatility

In a recent interview, Nutthawut Lumlert, a successful trader from Thailand, shared his journey and insights on trading with FundedNext. With five years of trading experience and one year with FundedNext, Nutthawut has successfully passed six challenges, earning him a funded account.

Specializing in trading gold (USD), Nutthawut focuses on the volatility of the asset, which aligns well with his strategy. “I follow the trend. The trend is my friend,” he stated. His approach involves using indicators like RSI and Bollinger Bands to identify entry points while leveraging supply and demand zones to predict market movements and set stop-losses.

FundedNext Trader Nutthawut Interview: Trading Gold for Volatility

Nutthawut’s strategy is meticulous. He trades on the H4 timeframe for broader trends and enters positions on the M15 timeframe. By setting a stop-loss at 1% of his portfolio and aiming for a risk-to-reward ratio of at least 3:1, he ensures disciplined risk management. Despite the need for patience as the price pulls back, his strategy has proven effective.

In addition to his trading techniques, Nutthawut emphasized the importance of mindset and goal setting. He advises traders to start with smaller accounts and gradually scale up. “I set goals and work towards them step-by-step,” he explained.

Nutthawut also praised FundedNext for its customer service, promotions, and fast payments, which have contributed to his positive trading experience. He noted the firm’s tight spreads on gold, which he finds particularly advantageous compared to other prop firms with wider spreads.

For traders struggling to get funded, Nutthawut’s advice is clear: focus on developing a strong mindset and adhere to a structured trading plan. His success story is a testament to the possibilities available through disciplined trading and the supportive environment provided by FundedNext.

Here is the Full Interview:

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