Long showed excellent account and risk management skills
in November 2016 and got a $1,000 prize!
Read Long’s interview and see his account statement
to make your own success story
For how long have you been trading?
I have been trading forex for 3 years.
What instruments do you prefer to trade and why?
I go by the most volatile pair and mostly it has been the GBP/USD.
What schedule (trading hours) do you have for your trading?
Normally, I trade between 2:00 PM – 6:00 PM period. I do not really like to trade during the US session because it´s easy to get one-sided market results.
Did you receive personal training from other traders or did you mainly educate yourself on your own?
I have learned forex on my own, both online and offline. I have not gotten any real coaching session from others.
What do you consider the best type of education for a trader?
I believe that repetition and practice are the keys. It is easy to tear theory, but to actually put it to use – that is a whole different story.
Do you create your own strategies or use the ones that already exist? Can you briefly describe your strategy?
I wouldn’t go too in depth into my strategy, as that would take too long. Mainly I use the stochastic indicators and resistance method to catch the trend reversal.
What is the most important quality a trader should have?
The thing all traders strive for – utmost discipline and patience. For us, humans, it is hard not to let our doubts or emotions get in the way of trading.
How do you deal with losses, does it have an emotional impact on you?
Of course, it does affect me. When I get losses, then I always try to tell myself that there are no rewards without some losses. It is the nature of trading, if you don’t take risks then there would be no rewards. After unsuccessful trading, I tend to take a day off to rest.
Are you satisfied with our service and is there anything we can improve?
I am overall very happy with your company. All the services have high standards.