Cuong showed excellent account and risk management skills in March 2021 and got a $1,000 prize!
Read Cuong's interview and see his account statement – to make your own success story
How long have you been trading?
I have been dealing with forex trading since June 2020.
How did you get involved in Forex trading?
I started getting involved in the forex market in the middle of last year when my friends introduced me to their EAs (Expert Advisors), then I started learning more about it by myself.
What is your trading style?
My trading methodology depends on the market movements, but I focus on 2 main currency pairs: EURUSD and GPBUSD.
Do you practice risk management?
Of course, because capital is everything, there should have the safest way to manage our capital.
What are some good habits smart traders develop?
Stay calm, do not be greedy, keep up with the economic news, and you have good capital to trade.
Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?
The most memorable trade is the GBPUSD pair that used martingale at the time and my account was in risk, luckily, I passed it and made a profit of over $10,000.
What advice would you give to new traders?
Capital is home! Profit is car, and you can lose a car but not a house, so try to manage your capital effectively.
Considering the current state of the market, what do you think are the news/events traders should keep an eye on?
It should be noted that all economic and political news and currently the pandemic developments affect the market.
What are the most important things you look for in a Forex broker?
Tickmill has all the elements I need! Great trading conditions with fast withdrawal processing are among these!