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Funded Trader Interview #13: Amin

interview-amin

How did you find out about Breakout?
I discovered Breakout through Twitter and as I like trading cryptos and since you are a prop firm 100% dedicated to this market, I decided to give it a try.

In broad terms, what is your trading strategy?
I have a simplistic approach – support/resistance, 3 moving averages, RSI, MACD, Bollinger Bands and Fibs. Now I’m starting to incorporate the concept of “liquidity grab”, basically it’s stop losses hunting at key points to reverse the trend (deviation).

In more detailed terms, what is your favourite setup?
To be honest, I don’t have a favorite setup identified, each trade is a trade and based on the indicators mentioned above, volatility, etc, I will identify key entry points and the setup probabilities.

How frequently do you trade?
In periods of greater volatility, I opt for scalping and can make up to 10 trades daily. In slower periods, I may do nothing or 1 to 2 trades but with a longer duration.

What is the best piece of trading advice you’ve ever received?
Build your own strategy, test it and execute when you are confident. Never negotiate based on other people’s ideas. It will go wrong.

What do you find most difficult in trading?
My weak point is closing the trade. Many times I don’t let the trade go (based on the strategy initially outlined) and I end up losing part of the profit because I close the trade too early. This means that the emotional part is the most difficult for a trader. I have been a trader for over 20 years and this continues to be and will always be the most difficult factor to resolve.

How was your experience with the Breakout Evaluation and Breakout Account?
Fantastic! I love Breakout. I started dealing with prop firms 2 years ago with more than 100 payouts received till now and at this point I can say that Breakout is my favorite prop firm in all aspects. I’m quite surprised by your dynamics, speed processing payouts and solving issues and a unique and fantastic feature: daily payouts!

What advice would you give to someone starting their Breakout Evaluation?
Cryptos are very volatile so the objective will be to trade calmly, not wanting to meet the target in one trade. Do not force trades. This will only lead to frustration and breached accounts. Being patient is a virtue!

Would you recommend Breakout to other traders?
If you like trading cryptos, Breakout is the obvious solution. No-brainer.