The best challenge on the market

“I use Magic Keys which helps me with instantly calculating risk and executing trades according to my predetermined risk parameters. “I have already purchased a $100k evaluation and I intend to achieve the maximum capital allocation with Funding Frontier.”

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

What is your trading routine?
My trading routine is to get up early every day and the first thing I do is analyse the charts. I then plan my trades for the day that align with my strategy.

What are your goals with funded trading?
My goal is to scale my funded capital to a level that I can eventually trade full time. I would like my withdrawals to consistently get to a level where I can cover my monthly expenses.

Do you have a trading plan in place, and do you strictly follow it? Please elaborate
Yes, I have a trading plan that I strictly follow. I am also constantly trying to improve in all aspects of my life as I believe that naturally reflects in your trading.

What was the most challenging obstacle in your trading journey?
My most challenging obstacle in trading was the lack of self-confidence that I’ve had to improve over time. I wouldn’t say I am perfect but I have made big improvements. Learning to accept losses was very hard and can still affect me from time to time.

What did you find easier, the FUNDING FRONTIER Challenge or the Verification phase? Share your thoughts:
For me, the verification phase was easier because of the smaller profit target.

Furthermore, I already have the confidence and experience passing the previous phase of the challenge.

How would you rate your experience with FUNDING FRONTIER?
My experience has been a 10 out of 10! Any questions or problems that I’ve experienced were immediately resolved. Their customer service is very good and fast. And their broker, Dominion Markets, offers good trading conditions. The operations are easy and there are no problems of any kind.

What advice would you give to other traders attempting the FUNDING FRONTIER Challenge?
I would tell them to take the Funding Frontier Challenge for the following reasons:
• It is the best challenge on the market in terms of price
• The profit targets of 7.5% in phase 1 and 5% in phase 2 are very achievable
• Their service and support is great!

Do you plan to take another FUNDING FRONTIER Challenge to manage even bigger capital?Yes, right now I just bought a $100k challenge, and I plan to take more challenges in the future.

Describe your best trade.
My best trade was on gold. I entered a breakout setup and managed to hold it according to my plan. I managed to catch 60 pips on that move.

What is the number one piece of advice you would give to a new trader?
The best advice I could give them is to be patient and study a trading strategy that feels best suited to you as an individual. Once you have back tested the strategy, make sure you follow it strictly so that your edge plays out! You must trust your strategy and do not be afraid as trading can play with your mind.

How did you first hear about FUNDING FRONTIER?
I first heard about Funding Frontier through Kashif Mirza @forexstreet247 on Instagram. I’ve been following him for a while, and I like his style of trading.

Can you describe your risk management plan?
My risk plan is based on the price, and I risk a maximum of 1% of the account per trade. I also use Magic Keys which helps me with instantly calculating risk and executing trades according to my predetermined risk parameters. Depending on price where my account is, I generally enter with more or less the same amount, and I always try to target a 2:1 risk to reward ratio. This means that I try to make at least 2% for every 1% of capital that I risk.

In closing, we extend our sincere gratitude to David 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!