Describe Yourself As A Trader

This is more or less an honesty thread on your trading style and skills. Feel free to skip any question you don't want to answer.

How long have you been trading? Since which year?

What is your trading style? Day trader, swing trader, scalper, position trader?

What are your favourite trading tools? [eg candlestick patterns, trend lines, Fibonacci Extensions, indicators (state the names of indicator) news...]

Do you trade during the hours of news release?

Do you use stop loss?

What is your typical risk-reward ratio?

Are you profitable (net) last year? Percentage gain/loss.

Are you profitable (net) last month? Percentage gain/loss.

What much did you make on your best day?

How much did you lose on your worst day?

How much money have you made/lost from your first year of trading till now? (net profit/loss)

How much money have you made/lost (from the time you think you are 'decent/good') till now? (net profit/loss)

How many accounts have you blown up?

Rate yourself as a trader on a scale of 1 to 10 as a trader, based on strict professional standards.

What other things would you like to add?

I started a month ago.

How long have you been trading? Since which year?
I make the very first trade in 2008 I think. Started to get serious about trading in 2009.

What is your trading style? Day trader, swing trader, scalper, position trader?
Swing trader 70%; Day trader 30%

What are your favourite trading tools? [eg candlestick patterns, trend lines, Fibonacci Extensions, Indicators (state the names of indicator), news...]
Trend lines, Fibonacci Extensions, Chart (Daily, 4H, 1H)

Do you trade during the hours of news release?
Depends. I like to pre set trade entries as usual. But I will be more conservative with my entries right prior to news release.

Do you use stop loss?
Yes. I use a fairly big stop loss now (about 100 pips). Never been hit yet. I prefer to exit bad trades at the price that I like. When I decided that a trade is bad, I will be ready to exit the trade manually anytime.

What is your typical risk-reward ratio?
It depends. Usually it's about 1:1 or 1:2. I prefer to exit trades using technical levels on the charts, rather by pre determined ratio.

Are you profitable (net) last year? Percentage gain/loss.
2016. No. Lost quite a lot. 70% down I think? Most trades were day trades or scalps. The final 3 months (Oct, Nov, Dec) were quite decent - switched to swing trading.

Are you profitable (net) last month? Percentage gain/loss.
June 2017. No. Down 5%

What much did you make on your best day?
About $250 I think

How much did you lose on your worst day?
Lost a few hundred. Maybe it's $800 or something. I could not remember.

How much money have you made/lost from your first year of trading till now? (net profit/loss)
Probably lost slightly more than $5000 in total. Most of my accounts have been fairly small size.

How much money have you made/lost (from the time you think you are 'decent/good') till now? (net profit/loss)
Made about a hundred dollars I think. I consider myself 'slightly' better when I made the switch to swing trading.

How many accounts have you blown up?
4 or 5 accounts I think.

Rate yourself as a trader on a scale of 1 to 10 as a trader, based on strict professional standards.
Maybe 3/10. The few points are due to I am good now with mechanical trading, following rules and managing risks.

What other things would you like to add?
Nothing much more to say.

Have you ever won a forex demo competition?
Before even think about getting started in real forex business first you need to build up your true confidence, could be from winning a forex competition or profiting in demo in 6 months streaks.

Why should bother on joining any forex competition?
First of all: It's free and even it's demo (free to join competitions) sometimes they come with big prizes: Up-to 5000 USD in real cash. Second of all you are creating your own most important indicator which could tell you whether you are ready to start your business in the bigger scale! third of all: as they come with real prize you will start to learn & taste the exact same experience (Physiologically & mentally) as if you're trading in real account.

How can you trust any demo competition if they are real?
Never trust any self-claim statement from any Offer-er, you need to ask opinion from third parties that are not affiliated to the claimers and you know that they have the credibility to past judgement about the validity of any-claimer. Check them on Peace-army, check their certificate number in official-known regulators such as ASIC, FCA, FSC, FSA, Cysec so on so forth! a real broker would be very happy to provide link certificate (to the third party official regulators' website) as a solid empirical evidence that their businesses are indeed regulated/registered by real-trusted-regulators

May not related to the thread's topic but That's all i wished to say. Thank you

Hi, guys!
I find this post very entertaining and that is why I decided to join but I've only answered to the questions that I feel comfy answering to cuz some were a bit too specific money wise for my taste. So there u go

How long have you been trading? Since which year? Since 2015

What is your trading style? Day trader, swing trader, scalper, position trader? Intraday

What are your favourite trading tools? [eg candlestick patterns, trend lines, Fibonacci Extensions, indicators (state the names of indicator) news...] Moving Average, Momentum, MACD

Do you trade during the hours of news release? Never

Do you use stop loss? Always

What is your typical risk-reward ratio? 1:1

Are you profitable (net) last year? Percentage gain/loss.
Well, it was a good year...The percentage I'm currently at P/L 15%. It is not great but I am getting there

Are you profitable (net) last month? Percentage gain/loss.
Not so much. Down 6%

How much did you lose on your worst day?
My maximum drawdown is 3.31%

How many accounts have you blown up? No accounts as I'm still learning and it is my first accounts.

Rate yourself as a trader on a scale of 1 to 10 as a trader, based on strict professional standards.
Maybe a 3

What other things would you like to add? May be only that trading is fun and the more you dig into it the more you realize that there is so much more to learn about it. It's like everyday som1 is coming up with a new theory for success and what I think is that you need to find your own theory and come up with a good trading plan and follow it. Not listen to other people's views