Forex Trader
$10,000–$100,000 year
On-siteDistrict of Columbia, United States
Job Summary
Execute trades in the foreign exchange market while monitoring trends and analyzing economic data to inform decisions. Develop and implement strategies to maximize profitability, managing risk through stop-loss orders and strict adherence to daily drawdown limits of 4/5% and total drawdowns of 8/10%. Stay updated on global economic events and utilize Bloomberg or relevant platforms for analysis. Prove trading ability by providing at least six months of verified trade history or completing a demo account period of 1-6 months if history is unavailable. Collaborate with colleagues to provide insights on currency trading opportunities. Successful candidates receive a trading account of $10,000 to $100,000 with budget increases based on quarterly performance and earn 10%-50% off all profits.
Required Qualifications
- Must be able to stick to the following trading rules: Keep trading under 4/5% daily drawdown and 8/10% total drawdown
- Target 5-10% returns per month
- Not use martingale, grid or any risky strategy
- Will need to provide they are a good trader either by showing old verified trading history or will be required to trade on a demo account for 1-3 months before starting the role
- Must be able to show at least 6 months of trade history
- If you do not have trade history then you will need to prove your ability by trading on a demo account for 1-6 months
Desired Qualifications
- Successful Candidates will be given a trading account of $10,000 - $100,000 and will have their budget increased every quarter based on their success. You will earn 10%-50% off all profits made. Some of our traders will earn $1 Million per year
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