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- Status:
- Professional FX trader
- Last Online:
- Dec 25, 2020
- Using Local Time:
- 2:53am
- Joined Forex Factory:
- Mar 2015
Input by Brandonchen
About
- Real Name:
- Brandon Chen
- Trading From:
- Kuala Lumpur, Malaysia (map)
- Occupation:
- Trader
- Affiliations:
- Standard Chartered Bank
- Trading Involvement:
- Institutional Trader
- Trading Since:
- January 2011
- Trading Style(s):
- Event Driven, Fundamental Analyst, Market Participant Analyst, Quantitative Analyst, Technical Analyst, Wave Analyst
- Trading Philosophy:
- 1% a day, 24% a month
- Markets Traded:
- Forex
- Coding Proficiency:
- MetaTrader 4
- Preferred Broker:
- Pepperstone (specs)
- Biography:
- Started forex at 2010, being introduced to a plan on how to become an IB, unfortunately after more than USD200k sales, just noticed it was a scam. Everyone on the top was running away due to huge amount of money owing to clients. At that point of moment, i was left with 2 choices, either run away or carry on in this field. I am a passionate guy who doenst like failing, so i have chosen to stay in this field.
For the 1st year in 2011 i started to google around and research, hadn't been reading any trading books or attending any courses. Just by studying online, i managed to learn alot of things. I started off my new live account at USD2k and slowly filling in until its net at USD5k, thus my first income from forex started to load in. In a year, i managed to start paying my house and car without the helps from my parent.
2012, because i have sufficient money, so i have started to meet up new friends, you know to gain impression you have to pay for the meal, so i did spend a lot for more human network. After so much of efforts and commitments, i started to have investors and my capital being pumped up to a newer level of confidence. And soon later local institution started to contact me to trade for their company funds. And i started my institutional level since then.
2013, start to work with my local bank and several companies, getting known to Multiterminal which makes thing easier. Not every year is a good year, when clients are getting more, the more frustration you are having especially when you did not reach their expectation. Things are getting worse when forex field was becoming famous in my country back then and alot individuals running forex in MLM scheme and scamming money. At that time my profession was being questioned, thus i have stopped whatever i was doing, but just trading for myself.
2014, my country national bank announced that all forex trading is banned in this country and no one can open a broker or collecting deposit here. Luckily i wasn't one of the scammers or a person who been running those scheme. At this point of time, i know its time for me to come back, because sole trading is not illegal.
2015, my clients are back and the deal between me and my local bank is resumed. And i started to create my first account in forexfactory.com. Have been reading through all the forum, I didnt do much comments or replies due to most traders in here were technical traders. And because of my excellent results in trade exlorer, i started to have of subscribers and messages for advises, i got labeled as high impact member in just a week. Till one day someone pm me for commercial service. At first i didnt know it was against FF rules(i am just a trader who doesnt talk much, so i dont read much, i just need the news) so i went for it and becoming very good at it, even became one of the top service provider.
2016, I stopped my commercial service because it was lame, because when i realize the more subscribers i have(of course the more money i will get), the more traders are not independent. And that was against the rules back to time when i was teaching. So i have stopped all my commercial services and back to forex factory.
2017 isnt really a very good year, thou i have been making a lot of trading profits, at the end me and my clients are scammed by the broker we were trading with. Im not born with silver spoon nor my family is any richer than before, so it has been a hard time for me to recover from it. Now, Im just doing some fund management for few clients. Im a very safe trader and Im not greedy, I just generate a maximum daily % profit and thats all, no chasing the rabbit. This might be the reason why Im not a rich person, just with a capability to generate some extra income for those who needed. I afraid the opportunity to have a big fund from a significant investor is challenging because I prefer to work alone thus I always stay home monitoring my trades without any disruption
to be cont
Input by Brandonchen
Links
- Website:
- [email protected]
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