In a recent interview with FundedNext trader Ibukun Omojola, he discussed his trading journey and strategies.
In a recent interview with FundedNext trader Ibukun Omojola, he discussed his trading journey and strategies.
Here are the Highlights of the article “Insights from Ibukun Omojola: Trader Interview with FundedNext”:
In a recent interview with FundedNext trader Ibukun Omojola, he discussed his trading journey and strategies. Ibukun, a student of Computer Engineering from Lagos, Nigeria, has been actively trading for 15 months, specializing primarily in gold.
When asked about his trading approach, Ibukun emphasized a strategy based on Zone, Frequency, and Recency, focusing on support and demand levels. He trades during London and New York sessions, utilizing timeframes from daily down to 15 minutes for entry signals.
“My risk-reward ratio for trades must be at least 1 to 3,” Ibukun noted, highlighting his disciplined approach to risk management. He allocates 3% of his account per day, ensuring he walks away after hitting his profit target or maximum loss limit.
Reflecting on his journey, Ibukun mentioned starting with GBP/USD before pivoting to gold, finding better success with his current strategy. He expressed satisfaction with FundedNext’s platform, especially praising their responsive customer support and efficient payout processes.
However, Ibukun acknowledged challenges such as power outages in Nigeria impacting his trading. “That’s why I have a standby generator to ensure stable internet,” he explained, highlighting his commitment to overcoming local infrastructure challenges.
Regarding trading psychology, Ibukun shared lessons learned from past over-sizing issues, emphasizing the importance of sticking to his trading plan and maintaining discipline during drawdowns.
Also, Ibukun encouraged aspiring traders: “There’s no secret to success. Follow your trading plan diligently and stay persistent.”
Overall, Ibukun Omojola’s experience with FundedNext showcases a blend of strategic acumen and resilience in navigating the complexities of financial markets.
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