Gtag:

Trader of the Week

December 2022

Feng showed excellent account and risk management skills in December 2021 and got a $1,000 prize!

Read Feng’s interview and see his account statement – to make your own success story

How long have you been trading?

3 years

How did you get involved in Forex trading?

Through my friend

What is your trading style?

To get maximum profit with risk management.

Do you practice risk management?

Yes.

What are some good habits smart traders develop?

Meditation, control over emotional thoughts, and trade sensible.

Describe your best/most memorable trade (How much did you profit? What was the strategy? Which pair?

It was gold when the war news was going on and it shoot up to 1970 in 2-3 hours. I put a sell and earned 1500$ something in one trade.

What advice would you give to new traders?

Don’t trade emotionally, trade sensible. Learn to grow the accounts by following risk management and money management. Stop-loss is a must in every trade.

Considering the current state of the market, what do you think are the news/events traders should keep an eye on?

Mostly the current is the ongoing war. Keep yourself updated with the war news, Biden speech, and trade accordingly.

What are the most important things you look for in a Forex broker?

Spreads, commission, and swap are the important factors but on top of that, it comes reliability of the broker.
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