Miroslaw showed excellent account and risk management skills
in October 2017 and got a $1,000 prize!
Read Miroslaw’s interview and see his account statement
to make your own success story
How long have you been trading?
I have been trading over 3 years.
How did you get involved in Forex trading?
When I gathered some savings to make it easier for me to live. Some of it I decided to invest on Forex market and on Stock market.
What is your trading style?
On Forex market it’s mostly scalping.
Do you practice risk management?
Risk management is very important, especially when you invest large amount of money. You should not allow large drawdown such as 10-15%. When you invest smaller part of your funds you can increase your risk and enjoy the leverage.
What are some good habits smart traders develop?
Patience in waiting for opportunity. You should not trade all the time, you should wait till your strategy gives you a clear entry signal.
Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?)
If I remember correctly it was DAX trade after Brexit polls. I earned tens of percents on my account.
What advice would you give to new traders?
Be patient and ease on your emotions. Improve your strategy to make it perfect.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
Decisions made by Central Banks are most important decisions for traders to look at.
What are the most important things you look for in a Forex broker?
Low spreads, fast execution and low slippage.