Mohammed showed excellent account and risk management skills in December 2023 and got a $1,000 prize!

Read Mohammed's interview and see his account statement – to make your own success story

How long have you been trading?

I have been trading since 2018.

How did you get involved in Forex trading?

Through gold trading.

What is your trading style?

I trade using classical analysis.

Do you practice risk management?

Yes, I sometimes practice risk management.

What are some good habits smart traders develop?

Some good habits smart traders can develop include reading, monitoring, analysis, and exercising patience.

Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?

My most memorable trade was a US30 trade that resulted in $89000 profit within a month.

What advice would you give to new traders?

I would advise new traders to prioritise learning, exercise patience, and start trading with smaller amounts. In addition, to maintain a much larger capital than their trades in a ratio of 80% - 20% and ensure losses do not exceed 5%.

Considering the current state of the market, what do you think are the news/events traders should keep an eye on?

Traders should keep an eye on news about inflation in the EU, UK, and USA, the Retail Sales Index, employment data, and Fed decisions.

What are the most important things you look for in a Forex broker?

The most important things are a broker’s reputation, financial robustness, quick problem-solving, and trust in maintaining confidentiality when handling client data.