In an exclusive interview with FundedNext trader Nutthawut Lumlert, the seasoned trader from Thailand offered valuable insights.
In an exclusive interview with FundedNext trader Nutthawut Lumlert, the seasoned trader from Thailand offered valuable insights.
Here are the Highlights of the article “Navigating Gold: Nutthawut Lumlert’s Interview with FundedNext”:
In an exclusive interview with FundedNext trader Nutthawut Lumlert, the seasoned trader from Thailand offered valuable insights into his trading journey and strategies for success. With a five-year trading background and a year-long tenure with FundedNext, Nutthawut has not only honed his skills but also secured a funded account by passing six challenges with flying colors.
Focused primarily on trading gold (USD), Nutthawut’s approach revolves around capitalizing on the asset’s volatility. “The trend is my friend,” he emphasized, underlining his penchant for trend-following strategies. Leveraging indicators like RSI and Bollinger Bands, coupled with meticulous analysis of supply and demand zones, Nutthawut executes trades with precision and discipline.
While he operates on the H4 timeframe to gauge broader trends, Nutthawut makes his entry moves on the M15 timeframe. With a keen eye on risk management, he ensures that his stop-losses are set at 1% of his portfolio while targeting a risk-to-reward ratio of at least 3:1. This meticulous approach has not only safeguarded his capital but also enabled consistent profitability.
In addition to sharing his trading methodologies, Nutthawut emphasized the significance of mindset and goal-setting in achieving trading success. “I set goals and work towards them step-by-step,” he elucidated, offering valuable advice to aspiring traders.
Nutthawut also lauded FundedNext for its exceptional customer service, lucrative promotions, and prompt payments, which have significantly contributed to his positive trading experience. He particularly commended the firm’s tight spreads on gold, which offer a competitive edge in the market.
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