Chen showed excellent account and risk management skills
in July 2018 and got a $1,000 prize!
Read Chen’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 2 years.
How did you get involved in Forex trading?
I was looking for a job as a trader.
What is your trading style?
Trade according to the game range theory.
Do you practice risk management?
Yes, I set stop loss on uncertain orders, while I don’t for certain orders; this allows me to prevent the sweep of orders and have enough time to watch the markets.
What are some good habits smart traders develop?
Keep studying every day and reflect on yourself.
Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?)
Several accurate entry orders on EUR/USD, GBP/JPY and USD/ WTI, whose profit are between 5,000 and 10,000, and I adopt game range strategy on these orders.
What advice would you give to new traders?
The first step is to exercise your executive ability, the second step is to choose a strategy that suits you, and the third step is to place orders strictly according to the strategy and not place orders randomly.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
Note the distribution of funds before the news comes out.
What are the most important things you look for in a Forex broker?
Transaction cost, stability of server, efficiency of Deposit & Withdrawls, and expertise of staff.