Funded Trader Interview #9: Axel
1 minute read
27. 8. 2024
How did you find out about Breakout?
I found out about Breakout from Crypto Face’s YouTube channel.
In broad terms, what is your trading strategy?
I focus on simplicity. I don’t fight the trend or try to predict tops and bottoms, I analyze the data and wait for a clear opportunity to enter.
In more detailed terms, what is your favourite setup?
For my technical analysis, I begin by using the 50 and 200 EMAs (adjust the timeframe to suit your trade) to gauge trend strength and direction, wait for the 50 EMA to cross above or below the 200 EMA.
I also monitor the ‘Coinglass Liquidation Heatmap’ to identify areas of high volatility and potential dip-buying opportunities.
For my TradingView setup, I rely on:
– The ‘DIY Custom Strategy Builder’ to pinpoint supply and demand zones.
– The ‘CME Gap Detector [CryptoSea]’ to track the weekly CME gaps, which have a 90% probability of filling within the week.
– Market Cipher, starting with the 1-day timeframe to examine money flow, momentum waves, find the divergences, then narrowing down to lower timeframes for confirmation.
Finally I follow several news accounts (@WatcherGuru, @Lookonchain, @BTCTN ect) to stay up to date on any FUD.
How frequently do you trade?
I monitor my trades daily to either open new positions, add to open trades, or take profit.
What is the best piece of trading advice you’ve ever received?
Don’t drink and trade.
What do you find most difficult in trading?
Seeing the trade through to the end as planned and not selling too early.
How was your experience with the Breakout Evaluation and Breakout Account?
Clear and transparent with no hidden gimmicks. I’ve passed two evaluations, receiving funding within hours each time. Payouts are quick too. It’s a small investment for life-changing results.
What advice would you give to someone starting their Breakout Evaluation?
Take your time with the evaluation; there’s no need to rush. Wait for a clear trend to emerge, and avoid risking more than necessary, so you don’t end up having to start over.
Would you recommend Breakout to other traders?
Definitely. For traders without significant capital, getting funded is the only reliable way to achieve consistent gains. Relying on high leverage with small position sizes on exchanges simply doesn’t work in the long term.
