Feng showed excellent account and risk management skills in December 2021 and got a $1,000 prize!
Read Feng’s interview and see his account statement – to make your own success story
How long have you been trading?
10 Months
How did you get involved in Forex trading?
Friends -IX Global
What is your trading style?
Long term positional trading
Do you practice risk management?
Yes
What are some good habits smart traders develop?
Patience for long term approach and Hegde during worst condition.
Describe your best/most memorable trade (How much did you profit? What was the strategy? Which pair?
“Earlier got profit of 1100$ on GER30 and US 100 for long term basis.Its not like only profit but I got loss also during last 3 months down trend and trade signal spread fluctuations
Iam using Ger30 ,US100 and gold are my favourite trade signal.”
What advice would you give to new traders?
Based on risk matrix, use the trade lot as mentioned in the IX global training platform and do trade for long term basis using 5 min chart trend.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
“Present US Fed bank interest rate hike and Russia Ukraine war news
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What are the most important things you look for in a Forex broker?
Each time I am checking trade signal specifications for long swap charges points so that swapping charges will be zero during long term trading