FULFILLING YOUR TRADING DREAMS
FULFILLING YOUR TRADING DREAMS by Angelo Ciaramello
This is an excerpt from Exelon magazine about Fulfilling your simulated trading dreams, in which Angelo Ciaramello, Founder and CEO of The Funded Trader, is named one of the ten most innovative leaders of 2022.
Trading has always been an industry that offers a lot of opportunities of growth and financial success. However, the capital requirements to get started in the industry has always been a subject of concern for new and emerging players.
To address this situation, Angelo Ciaramello founded The Funded Trader. He explains, “I wanted to level the playing field and give everyone a chance to achieve their simulated trading goals, regardless of their financial situation. That’s why we created Funded Trader.
Today, under the leadership of Angelo, the company is reaching heights of success and helping a wide range of people realize and achieve their simulated trading goals.
In this Exclusive Interview, Angelo Ciaramello talks about his journey, trading, and much more.
Fulfilling Your simulated Trading Dreams Interview with Angelo Ciaramello
What according to you makes one an innovative leader? How do you integrate the same thought into your leadership?
An innovative leader is someone who is willing to take risks, think outside the box, and challenge the status quo. In order to be an innovative leader, you must be open to new ideas, willing to experiment, and comfortable with change.
You must also be able to inspire others to think creatively and work together towards common goals.
Integrating the same thought into your leadership means that you prioritize innovation and creativity in your work. You encourage others to think differently and come up with new solutions to problems. You are also willing to take risks yourself, which shows others that it is safe to take chances.
Ultimately, being an innovative leader means that you create an environment where new ideas are welcomed and encouraged. This can lead to better outcomes for your team or organization as a whole.
Talk to us about your growing up years. What is your earliest memory as a leader/ entrepreneur that you can remember?
I grew up in a small town in New Jersey. As a child, I was always very interested in business and entrepreneurship. I can remember setting up a lemonade stand in my front yard and being so excited to make my first sale. From that moment on, I knew that I wanted to be my own boss one day.
I also have fond memories of being involved in various extracurricular activities in school, such as student council and debate club. These experiences helped me to develop my leadership skills and taught me the importance of hard work and dedication.
In college, I started my own business and quickly learned the ropes of running a successful operation. Looking back, I am grateful for the experiences I had growing up, as they laid the foundation for my success as an entrepreneur.
What prompted your interest and subsequently your foray into the forex simulated trading space?
I was initially introduced to forex simulated trading by a friend who had been doing it for a while.
He showed me how he was able to make money by buying and selling currencies, and I was immediately hooked.
After doing some research and taking a Forex course, I decided to open my own account and start trading.
Since then, I have enjoyed the challenge of trying to navigate the ever-changing forex market. While there have been some ups and downs, I am confident that my skills have improved over time, and I am looking forward to continued success in the future.
What was the idea that led to the start of Funded Trader? What was the pain point that you wanted to address?
The idea for a Funded Trader came about when I was working as a day trader. I saw firsthand how difficult it was for people to get started in the industry because of the high capital requirements.
I also saw how many people with talent and potential were unable to pursue their dreams because they didn’t have the money to do so. I wanted to level the playing field and give everyone a chance to achieve their simulated trading goals, regardless of their financial situation. That’s why we created Funded Trader.
We provide prospective traders with the capital they need to get started, as well as the training and support they need to succeed. Our goal is to help people realize their simulated trading dreams and reach their full potential.
As the founder and CEO, what role do you play in the day-to-day proceedings of the company?
As the Founder and CEO of Funded Trader, my primary responsibility is to provide strategic direction for the company. I work with our executive team to develop long-term plans and ensure that we are meeting our financial goals. I am also responsible for making major decisions, such as whether to enter new markets or launch new products.
On a day-to-day basis, I spend a lot of time meeting with traders, potential partners, and other stakeholders. I also stay abreast of industry trends and changes so that we can adapt our business strategy as needed.
In addition to my role as CEO, I am also the face of the company. I represent a Funded Trader at industry events and in the media. And when necessary, I make public statements on behalf of the company. As you can see, my role as CEO is both strategic and operational. I wear many hats, but ultimately my goal is to ensure that Funded Trader is a thriving and successful business.
Looking at your journey, what would you have done differently if you were to start again?
I was always interested in Forex trading, but I didn’t start until a few years ago. I wish I had started sooner because it has been a great way to make money and learn about different cultures. If I were to start forex simulated trading again, there are a few things I would do differently.
First, I would make sure to have a solid plan in place. This plan would include my goals, risk tolerance, and strategies for entering and exiting trades. Without a plan, it is all too easy to get caught up in the excitement of the market and make impulsive decisions that can lead to losses.
Second, I would make sure to educate myself thoroughly before starting to trade. There are a lot of resources available online, and it is important to understand the risks involved in forex simulated trading before putting any real money at stake. Finally, I would start with a small account and only trade with money that I am prepared to lose. By following these steps, I would be better prepared to navigate the forex market and hopefully achieve success.
What according to you is the future of forex simulated trading and how the integration of technology is bringing in new market players?
The future of forex simulated trading looks bright, with the integration of technology bringing in new market players and making the process more accessible than ever before. In the past, forex simulated trading was primarily the domain of large banks and financial institutions. However, the advent of online simulated trading platforms has opened up the market to a much wider range of participants.
Today, anyone with an internet connection can trade forex, and the increased competition has helped to drive down costs and improve liquidity.
Looking ahead, the continued development of technology is likely to bring even more changes to the forex market. For example, the use of artificial intelligence and machine learning could help to provide traders with real-time insights and analysis, making it easier to identify profitable opportunities. Similarly, blockchain technology could help to streamline the process of settling trades and reduce counterparty risk. The one downside of this is that it may also make the market more volatile. However, this is something that experienced traders will be able to take advantage of. Overall, the future of forex simulated trading looks very bright; with so many exciting developments on the horizon, it is only going to get better with time.
Finally, what does the future look like for a Funded Trader? On a personal front, where do you see yourself standing in the coming years?
In the coming years, I see Funded Trader continuing to grow and expand its reach. We will continue to provide traders with the capital and resources they need to succeed, and we will keep improving our platform to make it even easier for traders to get funding and connect with banks. On a personal front, I see myself continuing to lead the company and help it grow. I am passionate about what we do, and I strongly believe that we are making a difference in the lives of our traders. I am also committed to continuing to educate people and staying up to date on all the latest developments in forex trading.
In the future, I see myself continuing to invest in and support Funded Trader. I believe strongly in our mission of empowering traders, and I am excited to see what the future holds for us. Thank you for your support, and I look forward to continuing to work together to make Funded Trader the best it can be.
Source: Exeleon Magazine