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Your Result
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Event-Driven Trader

Based on your answers, you would most likely be a Event-Driven Trader in the world of forex trading.

What is an Event-Driven Trader?

Event-Driven Traders seek to capture intra-day volatility spikes triggered by major macroeconomic or geopolitical event risk. This includes high-impact economic statistics, monetary policy announcements, elections and speeches from influential officials. This strategy seeks to profit from the readjustment of market consensus in instances where baseline expectations were not met. That makes the approach inherently contrarian to some extent, meaning it can also be particularly risky.

Why did I get this result?

It’s clear that you are someone who always keeps up to date with world news and has an interest in how major events have wider impacts that perhaps some people fail to realise. You stay in the loop with current events at all times, be they global or local. Furthermore, you constantly analyse how these events might impact you and your life.

Your answers also suggest that you take time to research issues which might have a larger impact later on and are able to make informed decisions based on the news cycle and events happening around you.

Finally, you seem determined to check both your trades and the global news headlines regularly, ensuring you always stay informed around your potential forex trades. While your decisions based around events may incur significant risk, you seem confident in being able to work around it.

REMEMBER, these results were based on a short personality test. Forex trading in your suggested style will not guarantee success.

Which assets may be compatible with this trading style?

Aspiring Event-Driven Traders might consider:

Am I destined to be an Event-Driven Trader forever?

As you grow and learn within the world of forex trading, your style and approach to trading will develop as well. In a few years, you might have changed your trading style a little. Take this test again 12 months into your forex trading career and see if you have remained an Event-Driven Trader, or if you’ve become a Scalper, a Swing Trader, a Position Trader or an Algorithmic Trader.

REMEMBER, these results were based on a short personality test. Forex trading in your suggested style will not guarantee success.

What is my next step?

Join one of our regular webinars to get insights into the world of forex trading and learn how to develop your own trading strategy. These sessions are run by experienced traders who will discuss emerging opportunities and the latest proven strategies for budding Event-Driven Traders such as yourself.


You can also download our free e-book, Tips of a Successful Trader, to learn from real forex traders about the common pitfalls and how to avoid them.

Tips of a Successful Trader

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.

Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice. Any examples given are provided for illustrative purposes only and no representation is being made that any person will, or is likely to, achieve profits or losses similar to those examples. DailyFX Limited is not responsible for any trading decisions taken by persons not intended to view this material.