Yinyue Bei showed excellent account and risk management skills in August 2022 and got a $1,000 prize!


Read Yinyue Bei's interview and see his account statement – to make your own success story

How long have you been trading?

I have been trading Forex for over 2 years.

How did you get involved in Forex trading?

I got involved in Forex trading through a friend's recommendation.

What is your trading style?

I'm an aggressive trader. I like short-term trading.

Do you practice risk management?

Yes, I practice risk management but not always, sometimes I make some aggressive trades that exceed my risk management.

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What are some good habits smart traders develop?

I think a good habit for a trader should be to put risk management first.

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

My most memorable trade was a EURUSD trade during the first day of the Russia-Ukraine war. The EURUSD pair plummeted, and I made a profit of 100,000 USD.

What advice would you give to new traders?

For newbies in Forex, my advice is to keep learning.

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

Usually, I pay attention to international news, especially the important events that may have a big impact on the forex market.

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

To me, the most important thing is low spreads because I like short-term trading.