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- Ask me anything (FX Trader)
Ask me anything (FX Trader)
BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
What knowledge are required to be a full-time FX trader? How do you apply for the job and what you are required to know when it comes to the interview
To be a full-time Forex trader, you need strong knowledge of market data, strategies, technical and fundamental analysis, and how to read news to understand the "why" behind each trade. With the right skills, you can earn enough to never need a job under someone else.
You don’t apply for a job in trading—you create your own path! All you need is a good mentor, some initial investments, and proper learning. Once you master these, you can be independent for life.
If you’re serious about it, feel free to reach out for any guidance.
BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
What is your go to strategy for managing risk during high volatility?
Brenda13 posted:BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
What is your go to strategy for managing risk during high volatility?
During high volatility, my go-to strategy is keeping things simple: I use smaller trade sizes, set tight stop-loss orders to limit risks, and avoid chasing the market. Instead, I focus on understanding the bigger picture and only take trades with a clear plan.
BellaK_22 posted:Brenda13 posted:BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
What is your go to strategy for managing risk during high volatility?
During high volatility, my go-to strategy is keeping things simple: I use smaller trade sizes, set tight stop-loss orders to limit risks, and avoid chasing the market. Instead, I focus on understanding the bigger picture and only take trades with a clear plan.
Interesting! Any specific pair do you trade these days?
Which broker is best for Automated trading?
BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
What's the biggest challenge you have faced in trading so far?
matt88819 posted:BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
What's the biggest challenge you have faced in trading so far?
Hello,
One of the biggest challenges I’ve faced in trading is controlling emotions. When I started, I let fear and excitement drive my decisions, which led to mistakes. Over time, I learned that discipline and strategy matter more than emotions. Now, as a Sr. Market Research Analyst, I focus on data, trends, and risk management to make smart choices.
If you're facing challenges in trading, you’re not alone! I help traders with market insights and strategies to stay ahead.
Beauchamp99 posted:BellaK_22 posted:
Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
Question: Do you have a performance history you can show?
Yes alot of it. Attached Today's
Beauchamp99 posted:BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
Question: Do you have a performance history you can show?
Yes. Here we can't share screenshots.
BellaK_22 posted:Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
Hello, which pair do you trade the most?
BellaK_22 posted:Beauchamp99 posted:BellaK_22 posted:
Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
Question: Do you have a performance history you can show?
Yes alot of it. Attached Today's
That is not a performance history, it is a snapshot of some winning trades.
To assess a traders ability a long term history needs to be shown as evidence of their ability to survive many market events over a long period of time and a large number of trades. Are you able to communicate your risk-adjusted returns? This is more important than just making some winning trades that might have gone a long way out of the money before bouncing back. What was your Adverse Excursion for those trades?
Please send a performance history with ALL the trades, for example the detailed statement of the account those trades that you have just shown. eg:-
Beauchamp99 posted:BellaK_22 posted:Beauchamp99 posted:BellaK_22 posted:
Hello, I am waiting at the airport. I am a professional Forex trader for 4 years and if you guys wanna ask anything. Spill it out.Thanks :)
Question: Do you have a performance history you can show?
Yes alot of it. Attached Today's
That is not a performance history, it is a snapshot of some winning trades.
To assess a traders ability a long term history needs to be shown as evidence of their ability to survive many market events over a long period of time and a large number of trades. Are you able to communicate your risk-adjusted returns? This is more important than just making some winning trades that might have gone a long way out of the money before bouncing back. What was your Adverse Excursion for those trades?
Please send a performance history with ALL the trades, for example the detailed statement of the account those trades that you have just shown. eg:-
I appreciate your detailed inquiry. As a market researcher and someone who helps investors trade more effectively, my focus is on equipping traders with the right market insights, risk management strategies, and structured approaches to improve their trading performance.
Regarding your request for a performance history, I understand the importance of assessing long-term consistency and risk-adjusted returns rather than just showcasing individual winning trades. While I don’t compare myself to traders (like your) managing funded accounts, my role is to provide the necessary market intelligence and strategic insights to help traders make informed decisions.
Adverse Excursion and risk metrics are indeed crucial elements in evaluating trading performance. If you’re looking for a detailed breakdown of a specific trading approach or strategy, I’d be happy to discuss key performance factors that contribute to long-term success in the markets. Let me know how I can assist you further.
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