On May 12, 2021, The Funded Trader was established. They have a US-based office. The prop firm allows their traders to work with capital totaling up to $1,500,000 in balance and up to 90% profit splits. As their brokers, they have agreements with Eightcap and Purple Trading Seychelles.
Their corporate headquarters is at 14001 West Highway 29, Suite 102, Liberty Hill, Texas 78642.
The Funded Trader Interview with Alejandro
In the latest interview by The Funded Trader, Tori speaks with Alejandro as he runs through his trading journey. He talks about how he found out about the program, suggestions for the challenge, and overall feedback about The Funded Trader.
Alejandro was born and raised in Maryland, in the United States. He lives in Maryland, and one of his friends introduced him to trading. Alejandro believes that IML is where traders first learned to trade. He decided against continuing with the IML and stuck with forex, funding his account.
He threw any lot size without knowledge of risk management or a plan, which had no effect. In full disclosure, he lost his funded account after receiving a payout of approximately $5,650.00. But he is working on getting it back.
He hasn’t been trading or spending much time on the charts; instead, he has been doing more backtesting to figure out where he went wrong. As a result, he is more at ease now. He did not trade until the first week of the new year, but he’ll start once the market conditions improve.
His approach is solely based on the structure of the market and the analysis of high-volume candles, such as imbalanced candles and older blocks. He thinks that those terms are used frequently by traders. His approach is pretty straightforward; nothing too crazy, no indicators, nothing but straight.
He believes that if traders stick to the charts diligently, as he has observed, the more they will want to play the trade or execute a revenge trade. He advised traders to be patient. The thing is to keep going, keep going, try for more, and don’t give up.
Click the link below to see Alejandro’s screen and charts and full details of his journey: