FunderPro is excited to share another funded trader success story featuring Navid, a seasoned trader who has been in the markets.
FunderPro is excited to share another funded trader success story featuring Navid, a seasoned trader who has been in the markets.
Here are the Highlights of the article “FunderPro Trader Navid Offers Advice to New Traders”:
FunderPro is excited to share another funded trader success story featuring Navid, a seasoned trader who has been in the markets for over five years. In an exclusive interview, Navid shared his journey, trading strategies, and valuable insights that have shaped his career.
Navid began his trading journey in 2019, initially exploring the world of crypto before transitioning to Forex, indices, and commodities. He credits much of his early learning to friends who introduced him to the markets and, later, to influential figures in the trading community, such as ICT (Inner Circle Trader).
Navid emphasized the importance of finding a strategy that works for his psychology and trading style. “You have to do what works best for you. Whether it’s liquidity concepts, ICT, or Wyckoff, it’s all about using what fits your mindset,” he shared. He currently focuses on trading the NASDAQ, favoring its consistency and alignment with his daily schedule.
One key aspect of Navid’s approach is maintaining a strong risk management system. He prioritizes risk-reward ratios and minimizes risk in every trade. “Even if I have a rough week and only win one out of five trades, I’m still profitable because I stick to a 1:4 risk-reward ratio. As long as the risk is firm, I know my equity curve will continue to grow.”
Navid also spoke about the psychological challenges that many traders face. He emphasized the need to detach self-worth from trading outcomes, cautioning against the pressures of seeking quick success. “The reason why we make bad decisions when it comes to trading is because we attach our self-worth to money. It’s important to realize that money doesn’t define you.”
Currently, Navid is balancing his trading career while completing his MBA in Information Systems. He views education as a key component of long-term success, but trading remains his primary focus.
When asked for advice for new traders, Navid recommended staying in demo accounts longer to avoid costly mistakes early on. “I wanted quick success, but rushing led to bad decisions. Stick to demo accounts until you’re ready, and always focus on mastering your psychology and discipline.”
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