Introduction
Meet Greg, a price action trader in OneUp Trader’s funded trader program who has made his mark with a straightforward yet effective approach to the markets. Greg recently made a withdrawal of $3,700 from his funded trading account, and today, we are going to find out just how he did it.
Trading style and strategy
Greg’s trading style, which has proven successful in OneUp Trader’s funded trader program, revolves around price action – a method that focuses on analyzing the movement of price itself rather than relying heavily on indicators. While he does incorporate a few key tools into his analysis, his approach is refreshingly uncomplicated.
In his own words, Greg emphasizes the importance of simplicity in his trading setup, a philosophy that has served him well in the funded trader program. He utilizes swing indicators to identify key support and resistance levels, complemented by a bar timer to track candle openings and closings across different timeframes. Pivot points also play a role in his analysis, helping him pinpoint areas of interest for potential trades.
Daily routine
What sets Greg apart as a funded trader is his meticulous pre-market routine. Before diving into the charts, he grounds himself mentally, often starting his day with prayer. He then conducts a thorough review of economic news and announcements, understanding that events like Fed speeches, unemployment reports, or CPI data can significantly impact the markets and his trades.
Greg’s analysis follows a top-down approach, starting from monthly charts and working his way down to the 5-minute timeframe. This allows him to identify key support and resistance levels across multiple timeframes, giving him a strong understanding of market structure.
Risk management
Risk management, a key component of success in funded trader programs like OneUp Trader, is at the forefront of Greg’s strategy. He carefully calculates the probability of his trades succeeding or failing, ensuring he always knows what he’s risking and what his potential reward might be.
Ending off
Greg’s success in OneUp Trader’s funded trader program demonstrates that with discipline, a well-thought-out strategy, and correct risk management, funded trading is more than possible. Thanks to our zero restriction policy on withdrawals, multiple accounts, 24/7 support, and simple rules, Greg was able to leverage his skills to make money from the market with zero risk!
You can watch Greg’s strategy screen share below to see firsthand how he was able to make his withdrawal:
