We maximize the probability that the future will be better.

Next You Capital is a Slovak proprietary trading company. We work exclusively with our own capital, with a long-term horizon and an emphasis on the discipline that markets demand.

Legal form
Simple joint-stock company
Markets
Crypto-assets
Horizon
Medium-term / long-term
Capital
Own
About the company

Not a hedge fund. A prop trading firm.

Next You Capital, j.s.a. is a Slovak proprietary trading company headquartered in Prievidza. We focus exclusively on our own account — we are not a manager of other people's assets, we are not a licensed investment firm, and we do not offer investment services to the public.

We are a small, quiet company. We don't sell stories, we don't push for activity, and we don't promise what markets don't deliver. Our goal is simply to stay here — for the long term, focused, with respect for what markets can do to people who underestimate them.

The purpose of Next You Capital is to build capital patiently, in the knowledge that decisions made calmly are worth more over time than big moves made in the noise.

Philosophy
Better no trade than a bad trade.

The basic mindset behind every decision.

Principle 01

Patience

Waiting is an activity. The worst decisions come from the need to act when the market has nothing to offer.

Principle 02

Discipline

The same rules in calm and under pressure. No exceptions for ourselves, no exceptions for circumstances.

Principle 03

Capital protection

The first duty is not to earn. The first duty is to survive long enough to be able to earn.

Principle 04

Independent thinking

Markets reward deviation from the crowd, not participation in it. We make our own decisions and take responsibility for them.

Principle 05

Long-term horizon

We measure in cycles, not weeks. Short-term swings are the fee for access to long-term returns.

Principle 06

Aligned interests

Our results are our partners' results. Nothing more, nothing less. We earn when they earn too.

Investment process

Five phases. No intuition.

Every decision goes through the same framework. Not to limit freedom of thought — but to limit the room for emotional decisions at the moments when their cost is highest.

01
ObservationMarket environment
Systematic monitoring of the broader context — macroeconomics, capital flows, sentiment. Before we look at individual assets, we need to understand the environment we are in.
02
SelectionFocusing attention
Not every market is worth watching at every time. We determine where the probability of a useful opportunity is highest in the current phase — and, just as important, where it is not.
03
PreparationDeeper research
The fundamental picture, technical context, historical behavior of the chosen asset. A quality decision is never made at the moment of pressing the button — it is made in the hours of preparation before it.
04
DecisionEntering a position
We enter only where the imbalance between risk and potential is convincing. If conditions are not clear-cut, we do not enter. Most of the time is spent not trading but waiting for conditions that justify it.
05
ManagementOpen position
A position is a living object, not a decision carved in stone. Ongoing evaluation and response to a changing environment — from opening to exit.
Layers of analysis

Markets can be read. If you look at them from several sides.

No single perspective gives a complete picture. We combine several layers so that we can decide based on what is visible — not on what we want to believe.

Price structure
Where the market has travelled, where it paused, where it left open space. The history that price has left behind.
Market activity
Volume, intensity, who is moving in the market and with what conviction. Price without the context of activity is only half the story.
Fundamental picture
The real value behind price movement and its evolution over time. The layer that determines WHAT — before the other layers determine WHEN.
Macroeconomic context
The environment in which the cycle plays out — rates, liquidity, policy, global risk appetite. It bounds the space of what is possible.
Cyclical behavior
Patterns that markets repeat — not because they are predictable, but because people are. Recognizing the phase of the cycle is worth more than a price forecast.
Market sentiment
The collective emotions of participants. They give the strongest signal at extremes — when most people stop seeing reality.
Why Next You Capital

Five things that truly set us apart.

Real skin in the game

We work exclusively with our own and partner capital at our own risk. No management fees on other people's money without performance. If we don't earn, the partner doesn't pay. The High-Water Mark ensures that no one pays for recovering losses.

Process, not emotion

Every decision goes through the same framework. Discipline and consistency take precedence over short-term moods. If conditions are not ideal, we are happy to sit on our hands — it is one of the most important investment disciplines.

Multi-layer analysis

Not one approach, but a synergistic model that looks at the market from several perspectives at once. No single layer gives a complete picture — and we do not want to rely on just one.

Understanding market cycles

More than 6 years of actively following market cycles. Recognizing the phase the cycle is in is worth more in this work than any specific forecast.

Transparency and a partnership approach

Shareholders and partners have access to information about strategy, investment policy and decision-making principles. No black boxes. Regular reporting, direct communication with the founder.

Founder

Miloš Ďurkovič

Slovak proprietary trader with more than six years of experience in financial markets. Founder and chairman of the board of Next You Capital, j.s.a.

He began his journey into financial markets in 2019 through a programmer's mindset and an analytical approach to data. The turning point was 2020, when he joined the hedge fund Infinity Capital Strategies, where he first encountered an institutional view of investing — fundamental analysis, valuation models, long/short equity strategies and portfolio risk management.

Later he worked as an Intraday Trader in institutional futures trading of electricity and gas. After years in the markets he learned one key lesson: it is better to let the market leave without you than to enter a bad trade. This mindset — better no trade than a bad trade — is the foundation of Next You Capital's entire approach.

2019 – 2020
DWC Slovakia
Application Developer. A programmer's mindset and analytics as the foundation.
2020
Infinity Capital Strategies
Hedge fund, long/short equity. First contact with institutional risk management.
2021 – 2023
Own accounts
Active trading of crypto markets. Shaping his own methodology.
2024
Veolia
Intraday trader. Daily trading of gas and electricity, institutional volumes.
2026 →
Next You Capital, j.s.a.
Founder and chairman of the board. A full-fledged professional career.
Risks

Transparency first.

Participation carries the risk of partial or total loss of the value of the contribution. Past performance is not a guarantee of future results. Below are the key risk categories that we actively manage and that every partner must reckon with.

Market risk
Prices of financial assets are subject to fluctuations that no market participant can influence. We approach risk with respect and prudence in every phase of the cycle.
Concentration risk
A focused approach means results may be more variable in individual periods than with broad diversification. It is a conscious choice that reflects our philosophy.
Liquidity risk
Under extreme market conditions it may not be possible to close a position immediately. Withdrawal of funds is tied to the agreed investment horizon.
Regulatory risk
Changes in crypto-asset regulation may affect strategy, available instruments and results. We follow MiCA and the Slovak legal framework.
Leverage risk
Leverage is used exceptionally, primarily for hedging purposes. Even so, it amplifies not only gains but also losses.
Operational risk
Risks related to the security of digital assets and the choice of exchanges and custody solutions. Actively managed by selecting regulated partners and segregating accounts.
Contact

Open to serious discussion.

If our philosophy resonates with you and you would like to open a conversation about participation, let's get in touch. Every potential partner gets full access to the strategy, legal advice when choosing the form of participation, and clear documentation of the terms.