In a recent interview with Alican Ozcan, a proficient trader from Adana, Turkey, who skillfully balances his role as a project manager for a major airport project with his passion for trading, shared valuable insights into his journey and strategies.
Trading Journey and Background
Alican Ozcan, having recently returned to project management after a stint as a full-time trader, provided a glimpse into his dual responsibilities. Despite the demanding nature of his project management role, Ozcan successfully integrates trading into his schedule, with a focus on the New York session.
Trading Preferences and Strategies
Preferred Trading Pairs: Ozcan primarily engages in technical trading, favoring pairs such as Euro/USD, Gold/USD, GBP/USD, HF/USD, and Japanese Yen/USD.
Technical Analysis: Emphasizing reliance on technical analysis, Ozcan uses tools such as order blocks and breaker candles to identify potential trade setups.
Trade Example – GBP/USD: Discussing a specific trade on GBP/USD from July 27, Ozcan showcased his meticulous approach, highlighting the importance of identifying order blocks and fair value gaps.
Trading Approach
Reversal Trading: Ozcan’s trading approach leans towards reversal trading, where he aims for high-probability entry points with a risk-reward ratio of at least 1:5.
Risk Management: The trader emphasized the significance of managing risk and maintaining discipline in the dynamic forex market.
Incorporating Concepts from Renowned Traders: Ozcan shared how he incorporates concepts from renowned traders like Phantom into his trading strategy.
Evolution into a Trend-Following Trader: Expressing ongoing efforts to evolve, Ozcan aims to transition into a trend-following trader.
About the Trading Firm
The interview also shed light on the trading firm, FundedNext, offering unique features such as overnight and weekend holding, scaling account options, 1:100 leverage, swap-free accounts with raw spreads, a variety of trading instruments, and free access to trading psychologists.
Alican Ozcan’s journey and strategies serve as inspiration for traders navigating dual roles, showcasing the possibilities of success in the forex market with a disciplined and well-thought-out approach.
Disclaimer: Trading involves risk, and individuals should carefully consider their financial situation before making any decisions. The insights shared are based on the trader’s experiences and strategies.