Nial Fuller, an expert dealer and famend buying and selling coach who has skilled greater than 15,000 college students has gained the $1 million prime prize in one of many world’s most profitable buying and selling competitions.
Fuller, who has been buying and selling since 2002, ended the Million Greenback Dealer Competitors with a formidable 369% return on funding. Contributors competed over a 3 month interval between February – April 2016.
“It was a tricky competitors and there have been unstable market circumstances through the 3 months of buying and selling. Successful the competitors was a stability of discovering high quality buying and selling alternatives, making use of refined cash administration and having the self-discipline to not commerce and danger giving up the lead,” Fuller mentioned.
Fuller taught himself to commerce throughout his senior highschool years, initially taking an curiosity within the inventory market and shortly transferring into derivatives, futures, foreign exchange and different leveraged merchandise.
He gained the $1 million buying and selling competitors utilizing his personal proprietary buying and selling technique primarily based on value motion evaluation.
“I’m a agency believer in preserving issues easy and that’s true with my buying and selling fashion and technique,” Fuller mentioned.
“I’ve been buying and selling with value motion methods for many of my buying and selling profession and these are the very same methods I’ve been educating to different merchants,” he added.
Fuller, who advocates a much less is extra method, solely traded a handful of instances through the competitors, primarily taking positions on main FX Pairs, Commodities & Indices.
There have been a number of stand out trades the place he continued so as to add to profitable positions because the market trended, a cash administration idea recognized to merchants as pyramiding.
“I’m not a day dealer, I’m extra of a swing dealer, so I solely traded a handful of instances through the competitors,” Fuller mentioned.
“Being a contest, I knew I would wish to take some dangers and I tweaked my cash administration plan accordingly. At any time when attainable, I aggressively pyramided into profitable positions throughout trending strikes, successfully snowballing the commerce’s preliminary place measurement into a bigger place measurement which considerably elevated the danger reward ratio on every commerce.”
About Nial Fuller
Nial Fuller is CEO and founding father of Study To Commerce The Market, a worldwide chief in skilled buying and selling training and coaching. His buying and selling training service has taught greater than 15,000 college students since 2008. Nial is an avid blogger, creator and market analyst. He at the moment actively manages his personal portfolio.
For extra data, please contact Nial Fuller on:
Electronic mail Or Telephone by way of: https://www.learntotradethemarket.com/contact
Twitter: https://twitter.com/NialFuller
Fb: https://www.fb.com/learntotradethemarket/
LinkedIn: https://www.linkedin.com/in/nialfuller
Supply: Study To Commerce The Market
