Han showed excellent account and risk management skills in April 2015 and got a $1,000 prize!
Read Han’s interview and see his account statement to make your own success story
For how long have you been trading?
I have been trading 10 years with options, futures, 2 years with FX (Forex)
What instruments do you prefer to trade and why?
Mostly I trade CHF pairs. Sometimes also EUR/USD. I like FX because of high leverage and market is always open.
What schedule (trading hours) do you have for your trading?
I trade the early hours during Asian session, and when London and U.S. Markets are open. London opening hours are too erratic and volatile in my opinion.
Did you receive personal training from other traders or did you mainly educate yourself on your own?
Largely I have been educating by myself. I do attend seminars on a regular basis.
What do you consider the best type of education for a trader?
In my opinion, a structured course where you can learn the basics and technical analysis. Then learn strategies from a ‘guru’ and form your own opinions and strategies. The markets are dynamic. You have to continually learn new strategies to take advantage of the market and evolve as a trader.
Do you create your own strategies or use the ones that already exist? Can you briefly describe your strategy?
Strategies
- I trade the news, usually job numbers (NFP, ADP etc)
- Price action. I use pivot points, support and resistance, fibonacci levels, 4 period EMA
What is the most important quality a trader should have?
Separate your ego from trading. Be disciplined and cut your losses.
How do you deal with losses, does it have an emotional impact on you?
I hate to lose in anything! But even the best systems have losses. Get over the loss, you can’t change the past, stay focused and move on.
Are you satisfied with our service and is there anything we can improve?
I’ve tried many brokers, Tickmill gives low spreads, fast execution speed.