menu

Homepage > News > Tickmill: March trader made 108k USD by executing 14.5 thousand transactions

Tickmill: March trader made 108k USD by executing 14.5 thousand transactions


The March winner of the Tickmill: Trader of the Month competition was Cuong, who completed 14,552 transactions, earning PLN 108,000. USD. A trader who has been on the market for a year used the machine.

Cuong’s trading was entirely based on two major currency pairs – EUR / USD and GBP / USD. In the history of transactions, however, the first of these appeared much more often. Orders were opened and closed by the EA (Expert Advisors) trading robot. With its help, Cuong was able to complete 14,522 transactions in March. About 69% of them were successful.

New orders were often opened every few dozen seconds and lasted up to several minutes. Mini and micro flights dominated. However, there were positions with volumes such as 3.97, 5.56 or even 20 lots that followed a series of smaller orders. Each position had a Take Profit. Cuong was not using Stop Losses.

The new trader of the month started with a very high starting capital of 201,000 dollars. His tactic can be described as a grid. Losing items have been held. Profits regularly paid. As a result, Cuong ended March with a gain of 108,000 dollars, which means a 54% rate of return. In an interview with Tickmill, the trader said it entered the market in June 2020. The advice he has for novice investors is:

Capital is home! Profit is car, and you can lose a car but not a house, so try to manage your capital effectively.

Krzywa kapitału Cuonga w marcu

Cuong Capital Curve in March

Cuong’s Order History

  • Profit: 108 778 USD
  • Return: 54%
  • Number of transactions: 14 552
  • Profit transactions: 68,9%

Read the interview with Cuong

If the page does not load, please change your jurisdiction setting to “FSA SC” in the upper left corner of the site.

The competition organized by Tickmill is aimed at holders of real accounts. The Trader of the Month title and $ 1,000 prizes are awarded to the best trader whose trading has stood out due to the strategy adopted or the results achieved.

Author: Izabela Kamionka

Are you a trader?

Help others and rate your broker! Use the search engine or find your broker on the list.



Ad:

Last news:

fxcm broker

FXCM expands its offer with CFDs on French, German and British stocks

The FXCM broker yesterday announced a significant strengthening of the offer on CFDs on stocks ...
Read More
ASIC Australia

The CFD product intervention in Australia will last until 2031

As expected, the Australian financial regulator ASIC proposed an extension of product intervention in the ...
Read More
Weekly news summary

ForexRev: weekly summary [11.10 – 17.10.2021]

Last week's review: Deutsche Bank sued EUR 500m for selling risky FX instruments; ASIC is ...
Read More
tradingview has a capitalization of around 3 billion

TradingView has raised funding of $298 million

TradingView, one of the world's most popular charting platforms for investors and traders, reported raising ...
Read More

Add a comment

Your email address will not be published. Required fields are marked *

 

Note: Opinions and posts on ForexRev.com represent personal opinions and views of their respective authors and should not be interpreted as recommendations to purchase or sell securities. ForexRev.org assumes no responsibility or liability for such content.
Go to top