Interview with Top 10 of the Tournament Leaderboard: Nicky Loh.

This mini-interview series is to showcase some of the prominent participants of the tournament leaderboard and what propels them to be able to trade well.

This post was originally posted here. This is Nicky with username @bomfa, who is currently top 3 on the leaderboard, out of over 2,000 participants.

We did a quick lookup on his tournament portfolio here and he has a return of 40.3%!

How many years have you been trading and which markets do you usually trade?

Nicky:  I have been trading the SG, HK, and US markets for around 10 years.

What’s your profession? 

Nicky: I am a Corporate Development Analyst.

How did you start trading and what got you started?

Nicky: I started trading due to my desire to achieve financial freedom as soon as possible. I aspire to start my own hedge fund one day.

So what’s your usual trading plan like?

Nicky: I keep a watchlist with both technical and fundamental indicators. When my buy signal is triggered, I enter into positions that are sized based on my risk appetite.

Then how do you usually determine entry for a particular trade?

Nicky: I typically use fundamental analysis to identify opportunities and then use technical analysis to enter a trade.

How do you usually determine an exit for a particular trade? 

Nicky: I use technical analysis to exit a trade. Very often, I already set the target returns before I enter a trade.

Finally, what would you say to new participants & traders of this year’s tournament who want to trade well?

Nicky: I learnt about DLCs through the competition and I absolutely love it. To trade well, it is extremely important to be disciplined and have a trading plan that should be refined over time to maximize the probability of success.

But, it’s not over. FINAL ROUND will begin soon from 12th October to 23rd October, where the tournament’s Top 10 finalists will compete against each other. You may view more details of our tournament’s Final Round as well as their portfolios and trades here.

Become a part of our community and also see what other investors are saying about the current market right now: (click on the view now button)

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