Trader Of The Month
November 2024
Ibrahim showed excellent account and risk management skills in November 2025 and got a $1,000 prize!
Read Ibrahim's interview and see his account statement – to make your own success story
How long have you been trading?
I have been trading for one year.
How did you get involved in Forex trading?
My cousin recommended it.
What is your trading style?
I am mostly a day trader, but sometimes I hold long-term positions as well.
Do you practice risk management?
Yes, I watch my margin requirements and monitor them closely. I also try to maintain an open and peaceful mindset while trading.
What are some good habits smart traders develop?
I trade regularly. There are some YouTube channels I follow consistently, and I try to stay up to date on macroeconomic and political news from the USA.
Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?
I made a profit of $5,000–$6,000 around the end of November. BTCUSD was falling, but I traded even more to protect my positions and hedge.
What advice would you give to new traders?
Please make sure you are always aware of your margin requirements and monitor your margin level at all times. Make calm decisions with the help of Bollinger Bands and do not use stop losses. Always follow the trend.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
Economic and political news from the USA are key factors in determining the future of crypto markets, so I would recommend always reading or listening to news, announcements, speeches, and press releases from the United States.
What are the most important things you look for in a Forex broker?
A safe broker, a user-friendly mobile app, and one that is always open to communication.