Discover how Francesco Savona achieved funded trading success with Funding Frontier. Learn about his risk management, Asian session strategy, and advice for aspiring traders.
“I don’t think there is such a word as easy in the financial world but if you have the right strategy and follow your rules the market will bring you profit but if you treat trading as a betting center you will lose all your money.”
Meet Francesco Savona, a Funded Trader with Funding Frontier. Discover how Francesco 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 Francesco Savona, I am 29 years old, originally from Italy, and I’ve spent the past two years living in the UAE. I am currently a full-time trader.
What is your trading routine?
My trading routine typically begins around 6 am UAE time. I start by analyzing price action and market movements, while also keeping an eye on relevant news for confirmation. Once I’ve identified potential entry points, I patiently wait for the best setup that aligns with my trading rules.
What are your goals with funded trading?
My goal with funded trading is to manage larger capital, thereby enhancing my personal trading portfolio.
Do you have a trading plan in place, and do you strictly follow it? Please elaborate
Yes, I have multiple strategies, each with its own set of rules that I strictly adhere to. I maintain consistent risk management, typically risking 0.3% per trade. However, if multiple strategies align simultaneously, I may increase risk to 2% to capitalize on favorable market conditions.
What was the most challenging obstacle in your trading journey?
My biggest challenge to this day has been effectively managing profitable trades to maximize profits. I often don’t capitalize fully on market moves as I take profits too soon only to see the levels I anticipated being hit later on.
What did you find easier, the FUNDING FRONTIER Challenge or the Verification phase? Share your thoughts:
I don’t think there is such a word as easy in the financial world but if you have the right strategy and follow your rules the market will bring you profit but if you treat trading as a betting center you will lose all your money.
How would you rate your experience with FUNDING FRONTIER?
My experience with Funding Frontier has been excellent. The company addresses client needs effectively, emphasizing the importance of risk management, such as limiting risk to no more than 2.5% per trade. This helps a lot with risk management and as a result, you learn how to manage capital more effectively.
What advice would you give to other traders attempting the FUNDING FRONTIER Challenge?
Working calmly and with a good approach helps overcome the challenge. I strongly advise against treating your funded challenge account like a casino.
Do you plan to take another FUNDING FRONTIER Challenge to manage even bigger capital?Yes, it’s part of my plan to scale up my trading account and take on larger challenges.
Describe your best trade.
My best trades happen during the Asian session where I fortunately rest and cannot go and get my hands on the running trades. This allows my positions to run smoothly without interference and often time leads to my biggest wins.
What is the number one piece of advice you would give to a new trader?
Prioritize education and understanding of trading mechanics before risking capital. Remember, in the markets, you’re competing against seasoned professionals every day.
How did you first hear about FUNDING FRONTIER?
I first discovered Funding Frontier shortly after following Raja Banks.
Can you describe your risk management plan?
My risk management plan is straightforward. I risk 0.3% per trade initially, as profits accumulate I will decrease my risk. However, if multiple strategies align, I may increase risk to 2%, divided across multiple trades.
In closing, we extend our sincere gratitude to Francesco 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!