Trader Peter Mamza Finds Success with FundedNext

Peter Mamza, a trader from Abuja, Nigeria, has made significant strides, achieving notable success through his partnership with FundedNext. Mamza, who has been in the trading industry for six years, attributes his recent profitability to a shift in mindset and strategic risk management.

Peter Mamza, a Federal University of Technology graduate with a degree in Telecommunication Engineering, has transitioned from engineering to full-time Forex trading. Despite the challenging journey, Mamza has consistently demonstrated resilience and adaptability. His story is a testament to the potential for success in the volatile world of Forex trading, especially when partnered with a reliable prop firm like FundedNext.

FundedNext has been instrumental in Mamza’s trading journey. Mamza initially struggled with maintaining consistent profits but experienced a breakthrough after joining FundedNext. His approach to trading transformed as he focused on improving his mindset and adopting a robust strategy centered around support and resistance.

Trader Peter Mamza Finds Success with FundedNext

“I saw the advertisement for FundedNext on Instagram and decided to give it a shot,” Mamza shared. “The experience has been amazing. The strategy is always out there, but the mindset is where the game changed for me.”

Mamza employs a meticulous trading strategy, using the 1-hour timeframe to identify key regions where the market fails to break and the 5-minute timeframe for entry points. His preference for trading gold, due to its volatility, aligns with his strategy of quick in-and-out trades. Risk management is a critical aspect of Mamza’s trading approach. For his FundedNext accounts, he adheres to a disciplined risk management plan, risking 4% per trade within a 5% daily limit. This method allows him to maximize his profits while minimizing potential losses.

Mamza’s innovative strategy includes purchasing multiple smaller accounts instead of a single large one. By focusing on smaller accounts, he has achieved higher success rates. He recently bought ten 15k accounts and successfully moved eight to phase two, with seven fully funded. Mamza’s journey with FundedNext highlights the importance of mindset, strategy, and risk management in Forex trading. His story inspires traders worldwide, demonstrating that with the right tools and approach, consistent profitability is achievable.

Summary Of The News

Peter Mamza, a Forex trader from Abuja, Nigeria, has achieved significant success with FundedNext. After six years in the industry, Mamza transformed his trading approach by focusing on mindset and adopting a robust strategy centered around support and resistance. His disciplined risk management and innovative use of multiple smaller accounts have led to consistent profitability. Mamza’s journey with FundedNext showcases the potential for success in Forex trading with the right tools and approach.

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