Meeting Margareta

Margareta, a trader hailing from Indonesia, opens up about her experiences with FundedNext, emphasizing the challenges she faced when using her own money. A self-described “reckless trader,” Margareta expresses gratitude for the support offered by FundedNext, allowing her to test her skills in a controlled environment.

Discovering Trading

As the interview unfolds, Margareta reveals her introduction to trading, spurred by a friend who introduced her to the world of stocks, particularly Tesla and Nvidia. Noting the limitations of trading stocks due to time constraints, Margareta pivoted to learning about Forex, ultimately specializing in trading gold.

Educational Background and Transition to Trading

Margareta, armed with a bachelor’s degree in psychology, reflects on her transition to trading. Previously working in sales, she emphasizes the importance of psychology in her trading journey. The interview explores her time living in Bali and her views on the most beautiful places in Indonesia, particularly her love for Bali.

Trading Strategy and Journey

Margareta delves into her trading strategy, mentioning her preference for part-time trading, focusing on the New York session. She explains her shift to trading exclusively in gold, citing the market’s significant movements during the New York session.

Choosing Funded Next

She details her discovery of the platform through YouTube and highlights the importance of affordability. Margareta expresses her satisfaction with Funded Next and credits the platform for instilling discipline in her trading approach.

Screen Share: Trading Analysis and Strategy

Margareta provides a visual walkthrough of her trading analysis on TradingView, using indicators she learned about on YouTube. She explains her focus on the 4-hour and 1-hour timeframes, showcasing her preference for manual entries rather than automated orders.

Funded Next Dashboard and Performance

Margareta shares her FundedNext dashboard, highlighting her one-month journey. She discusses her risk management practices, including setting a daily loss limit and adjusting lot sizes after profitable trades. The interview touches on the psychology of trading funded capital versus personal funds.

Risk Management and Psychology

Margareta discusses her risk management strategies, emphasizing the importance of journaling trades for future improvement. She shares her experience with psychology, acknowledging the impact of personal and work-related factors on her trading focus and discipline.

Future Plans and Aspirations

Looking ahead, Margareta outlines her plans to become a full-time trader in the coming months. She draws inspiration from a trader on YouTube, the Trading Geek, and encourages aspiring traders to focus on learning and mastering discipline.

Closing Thoughts and Suggestions

Margareta concludes the interview with advice for fellow traders, emphasizing the critical role of money management. She offers constructive feedback to FundedNext, suggesting improvements to the pro-support team for enhanced user experience.

In this illuminating interview, Margareta’s journey with FundedNext serves as a testament to the power of discipline, continuous learning, and effective risk management in the dynamic world of trading.

About FundedNext

FundedNext is a proprietary trading firm that provides funded accounts to traders, allowing them to trade with the firm’s capital. The company was founded in 2021 and is based in Ajman, United Arab Emirates.

It offers individual funding up to $200,000, with the potential for traders to access up to $4 million based on their performance. FundedNext aims to empower global traders and promote skilled and committed new traders by providing capital and a trader-friendly environment.