Mike Navarrete, the son of hardworking immigrant parents, is known for his curiosity, grounded nature, and being funny as hell. As a swing and intraday trader, he is the second guest on our interview show, The Zero Edge, which shares inside stories from traders rising to the top.
Mike’s DARWIN, SLCF, finished first in the January 2024 edition of DarwinIA SILVER and has received six consecutive seed capital allocations from October 2023 to March 2024, amassing a historical seed capital of €615,000.
Before dedicating himself to trading, Mike began his journey in Business School on a scholarship. However, he soon felt stagnant, bored, and trapped in the party scene. Seeking a drastic change, he joined the U.S. Military, where he gained invaluable lessons that he later applied to his trading career.
After serving for two and a half years, Mike returned with a determination to find "a way out of the Matrix." He wanted a way to make money, and when a friend showed him his profits from MetaTrader 4, that was it - he was hooked. Right off the bat, he opened a live account, initially experiencing a brief winning streak followed by significant losses. Nearly a year of blowing up accounts taught him that successful trading required more than luck; it required dedication to learning and improvement.
Today, Mike trades various asset classes, including currencies, Commodities, and Indices, with timeframes varying by asset. Beyond chasing setups or indicators, Mike believes in consistency and discipline. He enjoys the ups and downs of trading and values the lessons learned during drawdowns, as they compel him to scrutinise his strategies and personal approach.
For Mike, trading is a "personal development journey that may or may not pay you back." In his interview, he challenges traders to shift their perception, focusing on the process instead of “where you think you should be”.
Mike’s DARWIN, SLCF, already won DarwinIA SILVER. Still, he now looks forward to reaching GOLD, attracting substantial amounts of investor capital and - why not - going after Aatu’s coveted place as the trader with more Assets Under Management in Darwinex.
If you want to enjoy an inspirational, honest and funny conversation about trading, you must see the second episode of the Zero Edge!