Reda showed excellent account and risk management skills in May 2024 and got a $1,000 prize!

Read Reda's interview and see his account statement – to make your own success story

How long have you been trading?

I have been trading since 2010.

How did you get involved in Forex trading?

I got involved in Forex trading through a friend.

What is your trading style?

I focus on support and resistance.

Do you practice risk management?

Yes, I practice risk management.

What are some good habits smart traders develop?

Smart traders develop good habits such as risk management and patience.

Describe your best/most memorable trade (How much did you profit? What was the strategy? What pair?

My best trade was a 2-lot buy of XAUUSD and I made a profit of $1,098.

What advice would you give to new traders?

Always use risk management.

Considering the current state of the market, what do you think are the news/events traders should keep an eye on?

Traders should keep an eye on the Federal Funds Rate.

What are the most important things you look for in a Forex broker?

What I look for in a Forex broker is fast withdrawals and deposits.