Hello, traders! Meet our analyst from Turkey: Onur Yıldız!
Here below you’ll find the full interview with him!
How and why did you become a financial analyst?
I have been interested in economics since childhood. That’s why I choose the financial engineering as my major at university. Now I’m doing my PhD in finances.
What is your approach to analyzing markets?
Technical analysis is my priority. Personally I believe in the assumption: “all information is reflected in prices“.
What are your favorite technical tools and indicators?
Actually I use a lot of them, but mostly I prefer such indicators as Fibonacci Retracement, Alligator, Moving Average, RSI, MACD, Stochastic and Ichimoku Kinko Hyo. Also I like to work with trend lines.
What do you think about trading on the news?
It is not very convenient for me, but it can be done to get instant profit. I try to support my traders on this subject.
What are your favorite trade instruments? How often do you trade?
My front-runners are XAU/USD, EUR/USD, GBP/USD, USD/JPY, and USD/CAD. I’m a big fan of day trading and correlation trading.
What advice can you give to beginner traders?
First of all they should gain knowledge in trading. After that they need to practice a lot. I also recommend to take a good psychological training. Finally, they should create their own system and stick to it all the time. So they can have a regular income. A system is absolutely necessary to avoid mistakes. They should know that it is difficult to set up a system and trade according to it, but if they manage to do it, success will follow!
If you speak Turkish, check the Turkish Telegram channel! https://t.me/fbsturk
Here below you’ll find the full interview with him!
How and why did you become a financial analyst?
I have been interested in economics since childhood. That’s why I choose the financial engineering as my major at university. Now I’m doing my PhD in finances.
What is your approach to analyzing markets?
Technical analysis is my priority. Personally I believe in the assumption: “all information is reflected in prices“.
What are your favorite technical tools and indicators?
Actually I use a lot of them, but mostly I prefer such indicators as Fibonacci Retracement, Alligator, Moving Average, RSI, MACD, Stochastic and Ichimoku Kinko Hyo. Also I like to work with trend lines.
What do you think about trading on the news?
It is not very convenient for me, but it can be done to get instant profit. I try to support my traders on this subject.
What are your favorite trade instruments? How often do you trade?
My front-runners are XAU/USD, EUR/USD, GBP/USD, USD/JPY, and USD/CAD. I’m a big fan of day trading and correlation trading.
What advice can you give to beginner traders?
First of all they should gain knowledge in trading. After that they need to practice a lot. I also recommend to take a good psychological training. Finally, they should create their own system and stick to it all the time. So they can have a regular income. A system is absolutely necessary to avoid mistakes. They should know that it is difficult to set up a system and trade according to it, but if they manage to do it, success will follow!
If you speak Turkish, check the Turkish Telegram channel! https://t.me/fbsturk