Longjun showed excellent account and risk management skills in September 2020 and got a $1,000 prize!
Read Longjun's interview and see his account statement –to make your own success story
How long have you been trading?
I have been trading more than 30 years.
How did you get involved in Forex trading?
I started trading as part of my job which involved currencies.
What is your trading style?
Tryto analyze the market situation with calm attitude. But when there is potentialinvestment choice, it is necessry to be radical to get into the trade.
Do you practice risk management?
Yes,risk management is really important. Trader should refrain from opening newpositions if the loss is more than planned.
What are some good habits smart traders develop?
Tryto keep calm in market fluctuationsand analyze the situation logically.
Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?
The trade involved the GBP/USD pair. One should not be hurry to take the profit when the market trend is really strong. Trader may wait when the trend changes a bit and then close the position. Although it does not get the price at peak point, but then total profit can be maximized.
What advice would you give to new traders?
Itis necessary for new trader to have a good understanding of the basic andsimple trading logics, so they can analyze the market situation more easily andlogically.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
Tradersshould pay attention on every detail, and try to avoid opening big positions.
What are the most important things you look for in a Forex broker?
Ilike Tickmill because it has a safe payment environment.