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Trader of the month - 849 items and over 40 thousand. USD of profit [Tickmill Competition]
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Trader of the month - 849 items and over 40 thousand. USD of profit [Tickmill Competition]

created Paweł MosionekApril 17 2020

Tickmill Forex Contest - Trader of the month - March 2020

Crash, crazy volatility and ... very dynamic trading. A trader named Trang made over $ 40 in profit with nearly 000 trades last month. He was recognized as the best investor of the competition Tickmill in March 2020 with rate of return approx. 48%.

Congratulations! We also encourage you to read the interview for Tickmill.


Check it out: Trader of the Month earned over USD 60 in December


849 transactions in a month

It was scalping at its best. Almost 850 transactions concluded in a month, more precisely 22 trading days, give an average of 38 items per day. In most cases, Trang held open positions for several minutes (often even less than 5 minutes). Although it started the month with a balance sheet close to USD 85, in the vast majority of cases both losses and profits on a single position did not exceed USD 000. There are practically no impressive single jumps in capital.

There is, however, consistency and adherence to specific risk control principles. After the transactions, it cannot be concluded that the losses are held and that the entry price is routinely "averaged". The transaction volume rarely exceeded 1 lot. Adherence to the rules combined with a high efficiency of close to 84% resulted in a very stable increase in the account balance throughout the month.

The dominant instrument in the transaction history was gold. Trang traded both in betting the strengthening of XAU / USD and the decline in its value; both in the morning and evening. There is also a lot of positions on the main currency and cross pairs, as well as the US30 index (CFD on Dow Jones 30).

With such a large number of items, it is difficult to clearly determine the methodology used by the trader of the month. It is possible that he supported with an automatic strategy or tools to improve manual trading (e.g. helping to choose the right volume for the position at the selected risk level). Although the answers given in the interview below are quite modest, there are many valuable pieces of advice. We encourage you to read!

tickmill contest statement

The capital curve Page - March 2020

Transaction history in numbers:

  • Profit: 40.695.96$
  • Return: 47.92%
  • Total number of transactions: 849
  • Profitable transactions: 83.39%

Trader Transaction History (PDF)

Interview with a trader

How long have you been involved in trade?

I have been trading since the 2012 year.

How did your adventure with Forex trading begin?

I got involved in the Forex market through a friend. Then I found out more about it on the internet.

What is your trading style?

My trading method is intraday and small trade.

Do you have any risk management policies?

Yes, I determine my risk based on the percentage of capital at the beginning of the month.

What good habits should investors be fooled about?

Always update your transaction system. It's a good idea to use large data and use some programs to check statistical probability.

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

I trade 500-1000 lots a month, so profit is always divided equally.

What advice would you give to novice investors?

My advice to new traders is to learn how to build your own trading system. Your trading system must be tested for large data (data must be long enough).

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

Find information about the most important events in the economic calendar and keep an eye on the latest news.

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

Because I decide to trade split, looking for brokers, my main criteria are low spreads and fast execution of orders.


competition rules

The winner of the competition is chosen by Tickmill Jury. The win is not only determined by the rate of return - it is the total that matters. 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.

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.