Jinyan showed excellent account and risk management skills
in May 2017 and got a $1,000 prize!
Read Jinyan’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 two years.
How did you get involved in Forex trading?
I got involved in FX trading through my friend.
What is your trading style?
I usually use two strategies – short and middle term trading.
Do you practice risk management?
Yes, the risk management is necessary for every trader.
What are some good habits smart traders develop?
I think the best approach is to trade less and observe more. Placing many trades doesn´t always mean that you will get a lot of profit. Only the smart trades count, especially if you set a stop loss.
Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?)
I can´t think of one specific trade that has defined my “trading career”. For me, the most successful trades are the ones I manage to catch at the bottom or on the top.
What advice would you give to new traders?
I think it would be along the lines of what I said about smart traders – observe more and trade less. Be smart about your trades and follow your trading strategy through.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
There is news out every day, so it is hard to talk about the most important thing. I would suggest people to trade, as they do, but just always set a stop loss.
What are the most important things you look for in a Forex broker?
Secure funds, live support, and withdrawal speed – all that Tickmill provides.