Zhifeng showed excellent account and risk management skills
in August 2018 and got a $1,000 prize!
Read Zhifeng’s interview and see his account statement–
to make your own success story
How long have you been trading?
I’ve been trading Forex for 6 years.
How did you get involved in Forex trading?
I am interested in Forex trading, and also want to make money.
What is your trading style?
It is not fixed, and I decide the conditions of entries and exits according to technology side and market sentiment.
Do you practice risk management?
Yes, risk management is necessary.
What are some good habits smart traders develop?
Self-discipline, having a plan, and avoiding impulsive trading.
Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?)
A trade on HK50 once brought me heavy loss. On that trade, I selected the right direction, but risk too much. Bear in mind, do not be self-confidence blindly to add to a position which you cannot afford.
What advice would you give to new traders?
Manage your trade capital seriously.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
Combining the quotation, trader should assess the wave range resulting from news events.
What are the most important things you look for in a Forex broker?
Compliance of platform, safety of capital, and efficiency of withdraw and deposit.