Savour the Journey!

“I always have a predetermined plan for when to close partial or full positions, whether I’m winning or losing.”

Meet Jonas Burr, a Funded Trader with Funding Frontier. Discover how Jonas 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?

My name is Jonas Burr, I am 25 years old, and I’m from north Dayton Ohio in the United States. I currently work in historical restoration and reclamation as a deconstruction specialist.

What is your trading routine?

My day kicks off promptly at 7:15 am, diving into charts and taking notes by 7:45 am, highlighting biases and key events. From 8:00 am to 10:30 am EST, I am actively looking for trading opportunities.

What are your goals with funded trading?
My goals with funded trading are to build my confidence in a challenging environment and to accumulate payouts that will eventually fund a substantial personal account.

Do you have a trading plan in place, and do you strictly follow it? Please elaborate
I am very strict with my trading plan which I explained in my trading routine. I haven’t gone a day without sticking to this plan in over a year and it took me a total of 4 years of showing up every day to build my plan and routine.

What was the most challenging obstacle in your trading journey?
The most challenging obstacle I have faced was the break-even stage, which lasted around 2 years and I’ve only just recently gotten past that barrier.

What did you find easier, the FUNDING FRONTIER Challenge or the Verification phase? Share your thoughts:
I found the challenge phase easier. I think the main struggle with the verification phase is the psychological hardship of knowing how close you are to being funded.

How would you rate your experience with FUNDING FRONTIER?
My experience with Funding Frontier has been top-notch. I’ve taken many challenges and have had only positive experiences with the support team. Now that I’m funded, I have received fast payouts and it’s been a seamless process for me.

What advice would you give to other traders attempting the FUNDING FRONTIER Challenge?
My advice to others would be to stick to a strict plan, savor the journey without fixating on the numbers, and avoid overtrading. I recommend taking no more than one or two trades a day and do not risk more than 1-2% per position. Especially for beginners.

Do you plan to take another FUNDING FRONTIER Challenge to manage even bigger capital?
I would like to eventually take a $200k challenge, not only seeking larger opportunities but mainly pushing myself mentally and desensitizing myself to larger numbers.

Describe your best trade.

I don’t have a single best trade, but ideally, my best trade is one where I feel confident in the position I’ve taken. It’s a trade where I have a clear plan for when to close, whether I’m winning or losing, and I manage it accordingly. My goal is always to keep my losses smaller than my wins by knowing when to close partially or fully.

What is the number one piece of advice you would give to a new trader?
My number one piece of advice to a new trader is to not get caught up in the numbers (as I have done myself). Just enjoy the process, seek out quality education, and build the experience of seeing the market set up and executing your ideas to build confidence prior to throwing any substantial amount of money at it.

How did you first hear about FUNDING FRONTIER?
I first heard of Funding Frontier from Raja Banks back when Funding Frontier initially launched, and I have been a loyal follower since.

Can you describe your risk management plan?
My risk management plan primarily involves trading fixed lots on gold. I set my maximum stops at around 40 pips and only trade when there’s a clear range with good risk-to-reward potential. I always have a predetermined plan for when to close partial or full positions, whether I’m winning or losing. Additionally, I aim to minimize my exposure to potential losses by closing positions partially or fully when necessary, or by moving to breakeven when the probability of the trade’s success decreases significantly.

In closing, we extend our sincere gratitude to Jonas 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!