Alvin Michael Soenjoto Triumphs with FundedNext Trading

Alvin Michael Soenjoto has been making waves in the trading community with his disciplined approach and impressive success with FundedNext. Currently pursuing an undergraduate degree in economics in China, Alvin has been trading since 2019, starting with stocks before transitioning to Forex and commodities in 2021. His journey, marked by perseverance and a keen understanding of the markets, has culminated in achieving a funded account with FundedNext.

Alvin Michael Soenjoto has earned $47,962 in profits through his disciplined trading approach with FundedNext. His strategic focus on price action and risk management has led to consistent gains in Forex and commodities trading.

Alvin first attempted the FundedNext challenge in 2021, when the profit target was 10%. Although he failed on his first try, his determination led him to attempt the challenge again in 2024. His efforts paid off this time, and he successfully secured a funded account on his second try.

Alvin Michael Soenjoto Triumphs with FundedNext Trading

When asked about his trading style, Alvin emphasized the importance of patience and a straightforward strategy. He primarily relies on price action, avoiding lagging indicators in favor of analyzing the market’s price structure directly. His approach is simple but effective: he uses multiple time frame analyses, starting with the daily chart and moving down to the 1-hour and 30-minute charts to refine his entries. By focusing on supply and demand levels, Alvin precisely sets his trades, often using limited orders to avoid the psychological pitfalls of over-watching the charts.

Alvin’s trading journey hasn’t been without challenges. He admits to having faced difficult weeks, but he maintains a strong mindset, understanding that setbacks are part of the process. His disciplined approach extends to his risk management as well, where he typically aims for a risk-reward ratio of 2:1, occasionally going as high as 3:1.

Reflecting on his journey, Alvin credits patience as the most crucial factor in his success. He believes that, in addition to a profitable strategy, patience is key to navigating the psychological challenges of trading, particularly in volatile markets like Forex and commodities.

Alvin’s story is a testament to the power of perseverance, discipline, and strategic thinking in trading. As he continues to grow with FundedNext, his experience offers valuable lessons for aspiring traders worldwide.

Summary Of The News

Alvin Michael Soenjoto, an Indonesian trader and economics student in China, has succeeded with FundedNext. Starting his trading journey in 2019, Alvin’s disciplined approach and reliance on price action have led him to secure a funded account. He credits his success to patience and strategic thinking and offers valuable lessons for aspiring traders.

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