Roles & Responsibilities – Forex Trader
- Execute Forex trades with primary focus on Gold (XAU/USD) and major currency pairs.
- Analyze market conditions using technical, fundamental, and price action analysis.
- Identify high-probability trade setups based on the company's trading strategy.
- Monitor global economic news, interest rate decisions, inflation data, and geopolitical events affecting Gold prices.
- Maintain strict adherence to risk management and capital preservation rules.
- Apply appropriate position sizing, stop-loss, and take-profit levels for all trades.
- Monitor and manage open positions to maximize profitability and minimize risk.
- Maintain daily, weekly, and monthly drawdown limits as per company guidelines.
- Keep detailed records of all trades, including entry, exit, rationale, and outcomes.
- Prepare daily and weekly trading performance reports for management review.
- Conduct backtesting and forward testing of trading strategies to improve performance.
- Review and analyze trading results to identify strengths, weaknesses, and areas for improvement.
- Trade during key market sessions, particularly London and New York sessions.
- Maintain discipline and emotional control while trading under varying market conditions.
- Stay updated on market developments, economic calendars, and trading-related news.
- Collaborate with the trading team to share market insights and trading opportunities.
- Ensure compliance with company trading policies and operational procedures.
- Continuously enhance trading knowledge, market understanding, and analytical skills.
- Achieve profitability targets while maintaining acceptable risk parameters.
- Protect company and client capital through responsible and disciplined trading practices.
Pay: ₹25,000.00 - ₹35,000.00 per month
Work Location: In person
