Funded challenges aren’t meant to be completed within 1 day

“I have my own playbook that I have developed with time, and I follow it religiously. “

Meet Hussein Sheikh Ali, a Funded Trader with Funding Frontier. Discover how Hussein and other traders secured funding and gain insights and tips for a successful trading journey.

Please introduce yourself: Who you are, your age, where you are from, and what you do for a living?

Hey! I’m Andreas, a 23-year-old trader from Estonia. I’ve been trading for around a year now and before that, I used to work as a food courier.

What is your trading routine?
My trading routine is quite simple. I only trade in the New York session for about 2-3 hours. Sometimes for longer if I happen to be in a drawdown. Every day 30 minutes before the NY session starts, I do my daily analysis. I mark up my levels and then just wait for my playbook setups to arrive and then take them. Also, every day before I trade, I tell myself not to chase anything in the markets. A break-even day is better than losing one.

What are your goals with funded trading?
The main goal for anyone is to make money. However, I would also one day like to livestream my trading days just to show people that you can pass a funded account challenge with patience and discipline.

Do you have a trading plan in place, and do you strictly follow it? Please elaborate
I have my own playbook that I have developed with time, and I follow it religiously. For me, the most important thing is to build long-term discipline, and for that reason, you really can’t break the rules that you set for yourself.

What was the most challenging obstacle in your trading journey?
To be honest I had a lot of obstacles along the way. But if there’s really one thing that changed my trading for the better was learning to ‘take it slow’.

I told myself after blowing many accounts, that no matter what: I will only stick to small lot sizes from now on and aim for playbook trades only without focusing on profits.

After that, my trading became much more consistent and with that, the profits came naturally. Funded challenges aren’t meant to be completed within 1 day by over-leveraging, trading news trade etc. You really must trade like you would if you had your own personal account.

What did you find easier, the FUNDING FRONTIER Challenge or the Verification phase? Share your thoughts:
I’ll be honest both phases were quite nice apart from the last 1% that I had left. The last 1% of both phases used to be the most stressful time because your mind wants to quickly get over the line. This created a lot of moments when I held my trade for too long and instead of securing 10 pips, I got a break-even trade. At those moments you really must take your time. Rather trade 1-3 extra days than start from the beginning again.

How would you rate your experience with FUNDING FRONTIER?
One word “AMAZING.” I would highly recommend this prop firm. You can trade on two different brokers. I really like Dominion Markets. The spreads are low and usually between 1-2 pips. Trade executions are sharp with no delay.

The support team is amazing and helpful. They have their own discord group which is also amazing if you need any kind of help. I haven’t noticed any slippage or anything suspicious.
You can get payment via bank transfer or crypto which is also very good. I got my payment via bank transfer. Again, super-fast! It only took maybe a few business hours to arrive.

Overall solid 5/5 rating!

What advice would you give to other traders attempting the FUNDING FRONTIER Challenge?
Take things slow! The prop firm won’t run away from you. Find what style of trading suits you. Take every trade according to your playbook and that’s the key to being profitable. Fast gains usually disappear very fast as well.

Do you plan to take another FUNDING FRONTIER Challenge to manage even bigger capital? In the future, yes! Right now, my plan is to trade the current account I have and maybe when I feel ready, I will take another challenge.

Describe your best trade.
My best trade must be when I do my analysis and execute according to my trades according to my plan. Don’t FOMO in and wait for what you wanted to see and then execute it. The best trades are never about profits, but rather ‘planning your trade, and trading your plan’.

What is the number one piece of advice you would give to a new trader?
The less emotional you are, the faster you will become profitable. Emotions mess up most traders. It sucks to lose money, but you must get used to it because nobody will be 100% correct all the time.

How did you first hear about FUNDING FRONTIER?
I found Funding Frontier right after the MFF bubble burst. I wanted a prop firm that was outside the US and preferably in the EU time zone as well. I found Funding Frontier and never looked back. I was also following Raja Banks who at the time also mentioned Funding Frontier. So, it would be a combination of safer locations for prop firms and Raja Banks.

Can you describe your risk management plan?
My risk management plan is quite different if you compare it to other stuff you get from Instagram gurus. I mostly trade negative RR. This means that I base my SL on advantage points and what makes the most sense. This usually means that my stops are more than 100 pips which for a scalper/day trader is quite big.

In closing, we extend our sincere gratitude to Andreas for sharing his valuable insights and experiences as a Funded Trader with Funding Frontier.

We appreciate his candid responses and wish him continued success as he works toward his ambitious funding goals.

To all our viewers and traders, we hope you found this interview informative and insightful.

If you have any further questions or wish to explore funded trading opportunities with us, please don’t hesitate to reach out. Thank you for being a part of our trading journey.

Stay tuned for more interviews and trading tips from Funding Frontier. Wishing you all profitable trades and a prosperous trading journey ahead!