Trader of the month closed over 900 transactions in November [Tickmill competition]

Trader of the month - November 2018

We met the laureate of the next edition of the course "Trader of the Month"whose broker is an oranizatora Tickmill. This time, the trader named Nuryanto unveiled the scenes behind his strategy, which brought him a profit of over 18 000 $ in just 30 days. What distinguished him from the crowd is primarily the number of transactions and incredibly high efficiency. Congratulations!

How trader traded the month? About this below.

Over 900 transactions

There were only 22 trading days in November. This did not prevent the trader of the month from closing over 900 positions. There were 24 items on average in 41,6h. The more impressive is the fact that 917 out of 812 transactions ended with a profit. How did these numbers translate into money? $ 18 in profit, which gave a rate of return of 396%. Much, little? We don't judge.

High efficiency has certainly turned out to be the key here. If we look at the transaction history, we can quickly come to the conclusion that the investor used some kind of auxiliary tools - a machine, script or harvester to place orders. This is evidenced by the fact that many transactions were carried out virtually at the same time. Positions were rarely held for more than a few hours.

Trade took place primarily on major currency pairs: EUR / USD, AUD / USD, USD / CAD, GBP / USD and USD / JPY. Occasionally, less popular instruments like EURNZD are also passing.

The risk aspect is also interesting. Despite the relatively large capital on the account, the volume was rarely larger than the 0.2 lot (only a few transactions on currencies + on WTI), and for a single transaction, an average profit or loss amounted to several dozen USD. The +/- 100 $ balance transaction is like a cure.

Nuryanto Equity Curve - November 2018

Transaction history in numbers:

• Profit: 18 396 $
• Return: 56%
• Total number of transactions: 917
• Profitable transactions: 88.55%

Statement trader (PDF)

Interview with a trader

How long have you been involved in trade?

I have been trading since the 2011 year, so some 7 years.

How did your adventure with Forex trading begin?

I entered the Forex market because of interest, which drives the price changes of instruments.

What is your trading style?

It is a combination of fundamental and technical analysis.

Do you have any risk management policies?

Yes, I use the risk management principles to avoid excessive losses.

What good habits should investors be fooled about?

Good Money Management and looking at the facts, not anticipating the situation.

Describe your best / most-remembered transaction (How much did you earn? What strategy did you use? On which pair?)

The most impressive thing for me was to achieve a high GBPUSD pair profit in a short time using technical analysis.

What advice would you give to novice investors?

Enjoy the learning process and do not expect instant success, focus on learning.

Considering the current market situation, what do you think data / investors should pay attention to?

Trade wars and geopolitical instability that take place in both countries and internationally.

What is the most important thing you expect from a Broker?

Good quotes, quick payouts and low spreads.

competition rules

The trader is selected by the Tickmill Jury. The win is not only determined by the rate of return - it is the total that matters. Overall, i.e. the factors such as earned profit, position management, risk and trading skills are taken into account. There is also one more necessary condition - interviewing the broker and consent to make the account history public. Only then does the prize of $ 1 go to the trader's investment account.

The principles introduced are aimed not only at showing that you can make money on the Forex market, but also consciously educate and encourage sharing experience with other traders.