{"id":11758,"date":"2010-08-05T12:46:32","date_gmt":"2010-08-05T16:46:32","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11758"},"modified":"2010-08-05T12:46:32","modified_gmt":"2010-08-05T16:46:32","slug":"forex-interview-with-a-champ-dont-just-gamble-on-random-trades","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/08\/05\/forex-interview-with-a-champ-dont-just-gamble-on-random-trades\/","title":{"rendered":"Forex Interview with a champ: \u201cDon\u2019t just gamble on random trades\u201d"},"content":{"rendered":"

MrPoker, one of eToro\u2019s top traders
\nshares tips with eToro\u2019s community<\/strong><\/p>\n

Profile:\"\"<\/a><\/strong><\/p>\n

Age:<\/strong> 26
\nCountry:<\/strong> Denmark
\nFamily status:<\/strong> Engaged
\nOccupation:<\/strong> Investment adviser
\nExperience:<\/strong> Practiced
\nFirst deposit at eToro:<\/strong> USD 1000
\nPreferred currency pair:<\/strong> EUR \/ USD
\nHobbies:<\/strong> Sport, Economy<\/p>\n

Q: Why are you trading with eToro?<\/strong>
\nA:<\/strong> It\u2019s a very easy to use and orderly trading platform. I enjoy trading with it more than other platforms I\u2019ve tried in the past.<\/p>\n

Q: How did you hear about eToro?
\nA:<\/strong> Through Neteller.<\/p>\n

Q: What is the most important lesson you learned about trading so far?<\/strong>
\nA:<\/strong> One must be careful with leverage. You think that you\u2019ll make more profits with higher leverages, but mostly you\u2019ll just lose your money more quickly.<\/p>\n

Q. What is the most important tip you can give to new traders?
\nA:<\/strong> To have a clear strategy from start. Don\u2019t just gamble on random trades. Work out a strategy, or get one from a friend, or from eToro\u2019s community, and then stick to it no matter what.<\/p>\n

Q: Give me a general description of your trading technique \/ approach?
\nA:<\/strong> I usually enter a trade after the price has reached resistance levels, and then I adjust my exit point according to the strength of the trend.<\/p>\n

Q: Please recommend a possible trade to our readers.
\nA:<\/strong> Sell EUR\/USD at 1.32.<\/p>\n

Q: How long did it take before you started making profits?
\nA:<\/strong> I started making profits right away, but then again I\u2019ve had years of professional training as an investment adviser, so I would\u2019ve been very disappointed if I didn\u2019t.<\/p>\n

Q:<\/strong> How much money do you currently trade with?
\nA:<\/strong> Around 20,000 USD.<\/p>\n

Q: What do you consider to be the number one trading mistake to avoid?<\/strong>
\nA:<\/strong> Losing your cool. If you want to make consistent profits you have to always trade rationally and not let your emotions get the best of you.<\/p>\n

Q: What is the part you love most about eToro?<\/strong>
\nA:<\/strong> I like the way they treat serious traders, such as the nice bonuses and the personal account manager. I often find his advise very useful and helpful.<\/p>\n

Q: How much money have you withdrawn from eToro so far?
\nA:<\/strong> 22,900 USD.
\nQ: How much profit have you made so far with eToro?
\nA:<\/strong> 17,000 USD.<\/p>\n

Forex Interview provided by<\/em><\/strong> <\/a>eToro<\/a><\/em><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

To have a clear strategy from start. Don\u2019t just gamble on random trades. Work out a strategy, or get one from a friend, or from eToro\u2019s community, and then stick to it no matter what…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11758","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=11758"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11758\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}