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At OFP, we take pride in celebrating the journeys of our traders. Today, we introduce you to Praveen Kumar, an experienced trader originally from India who now resides in Italy. His journey into trading is a testament to resilience, strategy, and continuous learning. From starting as a part-time trader while pursuing his master’s degree to navigating the prop firm space, Praveen’s story showcases how OFP has played a role in his trading success.
Praveen’s trading journey began in 2018 while he was completing his master’s degree in mechanical engineering. Initially, he approached trading on a part-time basis, learning through trial and error. Like many traders, he faced early losses but remained persistent in refining his strategies.
In 2020, Praveen discovered proprietary trading firms, which opened up new opportunities for him. “I started with a few prop firms, some of which had challenges, and some have since closed,” he explains. Over time, he gained experience in both prop firm trading and over-the-counter trading, ultimately developing a structured approach to the markets.
Praveen first joined OFP about a year and a half ago. However, after initially violating his account rules, he took a break before returning about four months ago with a renewed focus. One of the biggest attractions for him was OFP’s instant funding model.
“The first thing that caught my attention was that there were no challenges,” he says. “In the beginning, OFP had a lower profit split, but it was still appealing because I didn’t have to go through multiple evaluation phases like other firms.”
Unlike traditional firms that require traders to complete extensive challenge phases, OFP provides a straightforward approach. Praveen appreciated the transparency and ease of understanding the rules, which made it easier for him to focus on trading.
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As Praveen continued his journey with OFP, he witnessed the firm’s growth and adaptation to trader needs. One of the most significant developments he noted was the introduction of an increased profit split, now reaching up to 95%.
“When I first started, the highest profit split was around 60%. Now, it’s grown to 95%, which is incredible,” he remarks. “Seeing a firm evolve like that within just a few years is impressive.”
Beyond the profit split, Praveen also values OFP’s unique consistency score. “It actually helps traders develop discipline,” he explains. “It gives you a target and a structured approach, which makes it easier to manage your trades and payouts.”
One of the standout features of OFP, according to Praveen, is the Consistency Score. “At first, I wasn’t sure about it, but I realized it actually helps traders improve their discipline,” he explains. “Instead of forcing unrealistic profit targets, it encourages steady and structured trading.”
For Praveen, the Consistency Score acts as a guiding framework. “It gives you a target to work towards without overtrading. Instead of chasing big wins, I focus on steady gains, which ultimately helps me grow as a trader.”
Praveen primarily trades NASDAQ, EUR/USD, and gold, using an intraday approach. His strategy revolves around support and resistance levels, complemented by moving averages. He prefers a structured approach, waiting for 15-minute candle closures before executing trades to confirm momentum.
In January 2024, Praveen received his first payout of around $438. Despite experiencing setbacks due to rule violations in subsequent months, he remains committed to using OFP as a learning platform. “For me, it’s not just about making big profits—it’s about refining my trading approach,” he shares.
With a current win rate of approximately 68%, Pintu’s results speak to his disciplined trading strategy. “My goal is to be consistent, not to take unnecessary risks,” he says. By following a methodical approach, he has been able to maintain steady progress with OFP.
Praveen has successfully received payouts from OFP, with his most recent one being $438. He currently manages two funded accounts—a $50,000 account and a $25,000 account. “I don’t trade aggressively because I view OFP as a learning platform,” he explains. “For me, it’s about refining my strategy and staying consistent rather than taking unnecessary risks.”
For those considering OFP, Praveen has a clear message: “Join OFP if you want a structured and transparent trading experience. The no-challenge model, combined with a strong support team and good risk management rules, makes it an excellent option.”
He emphasizes that traders—especially beginners—can benefit from the learning opportunities provided by OFP’s consistency score. “Instead of trying to complete a challenge in a few days, OFP gives you time to develop your skills,” he explains.
With the prop trading industry growing rapidly, Praveen believes OFP remains a unique player in the market. “There are other firms offering instant funding, but OFP’s customizability and flexibility stand out,” he notes. “Being able to choose between different drawdown options and profit splits makes it an attractive option for traders at all levels.”
As he continues his trading journey, Praveen remains focused on steady growth and continuous improvement. “I take my time, refine my strategy, and make sure I’m progressing,” he says. With the right tools and mindset, he believes that OFP can be a valuable platform for traders looking to succeed.
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