Traders of the Month

Zhenqi showed excellent account and risk management skills in Febuary 2018 and got a $1,000 prize!

Zhenqi's interview and see his account statement -to make your own success story

How long have you been trading?

I have been trading on the Forex market since 2012.

How did you get involved in Forex trading?

I have been involved in stock trading before I started trading Forex. I started trading on the Forex market by chance and instantly fell in love with it.

What is your trading style?

Bold but cautious, looking for the trend to catch the opportunity. Of course, my style may not be suitable for other people.

Do you practice risk management?

Yes, I practise risk management. My risk management technique is not limited to setting a fixed stop loss, but to look for key support/resistance break out levels. After the key support/resistance is broken, I hedge or place a stop loss level and decide on my next move after the market trend changes.

What are some good habits smart traders develop?

I think that having the right mentality is very important, as well as making strategic decisions. We must hold our positions if we think the direction is correct.

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

My most memorable trade was during Brexit, where I traded gold and the pound. l followed a fast strategy and my return was 3 times higher than my initial deposit.

What advice would you give to new traders?

Mentality, direction and being able to hold their positions!

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

I do not pay attention to news events (except, of course, for the big events). I'm more concerned about the technical trend on a 4 hour, daily and weekly period.

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

The most important factors are the security of funds and stability of the platform. I am very pleased to trade with Tickmill. I will always trade with Tickmill and promote its platform.