dzhokers trader's profile

I’m 33 years old and I have been trading currencies since 2002. From 2003-2009 it was my basic source of income. From 2007 till 2009 I have been managing as well different sized investment portfolios 5000$ - 1m EUR. In 2009 I left Forex in order to pursue business opportunities and to do something more meaningful in life. Last year I decided to come back to Forex and resume trading, since that is what I really like and know and where I could excel ;)

Intraday trading, mainly scalping. I’m using my 10 year trading experience in order to read the price movements and enter positions with target of 3-10 pips. Depending on market situation there could be 30-150 small trades per day in different currency pairs.

Stop loss orders are used only when there is left open positions in my absence. I use first price movement of 5-20 points in my direction in order to exit position. Doesn’t really matter if that means taking tiny loss, because the basic idea is to exit position as soon as possible.(direction of next price move in my mind is 50:50 %) There could be some longer term trades in calmer markets and during nights, but they make less than 5% of all trades.