Round 29 OctaFX Champions share the experience!

August 29, 2014

OctaFX Champion Round 30 starts Monday, September 1, and we are happy to see the new record – more than 3000 people will trade for the opportunity to win $3000!

Traditionally, we asked our Round 29 winners a few questions for your inspiration!

What is the key factor to your success? Why are you better than everyone else?

1st place – Mr. Yuri Ohrimenko: I think the right choice of the currency pair for the contest and the study of the fundamental data for this pair before the contest bring success. And of course a bit of luck.
2nd place – Mrs. Svetlana Goroshevskaya:The most important oints of success are the analysis and accurate calculation, trading experience and knowledge of the behavior of the financial tools, long observation of them. 
3rd place – Mr. Syamsul Hadi Fitri Amd: The main factor of my success is growing confidence in myself that someday I will definitely be able to become a successful Forex trader.  

What was your strategy? Have you developed a perfect plan or tried various techniques?

1st place – Mr. Yuri Ohrimenko: In this contest, I relied on the currency pair NZDUSD. When I occupied the first place I tried not to let participants ahead.
2nd place – Mrs. Svetlana Goroshevskaya:The simpler the better! I usually use graphic analysis, MACD indicator, strong levels, and of course the news that give an overall picture of the market. 
3rd place – Mr. Syamsul Hadi Fitri Amd: As long as I trade Forex, I learned to follow the strategy, which is used by traders, who succeed in the Forex Market. Then I made innovation by combining indicators, which are user friendly for me so that I can read the direction of movement of the currency in the Forex market.

How long does it take to become a good trader?

1st place – Mr. Yuri Ohrimenko: It all depends on hard work and talent. Also, the faster you are able to tame emotions, the sooner you will be a good trader.
2nd place – Mrs. Svetlana Goroshevskaya:I think one should learn at least a year, and to trade, including in the real accounts, making small deposits to start trading in profit, the main thing after all is captured currency pairs, not dollars.
3rd place – Mr. Syamsul Hadi Fitri Amd: I think it is quite long for me. I have been learning to understand the Forex market from 2008 to 2014. It took approximately 6 years because my background is not an economic expert, and I think I still have a lot of flaws and I guess I have not gotten the achievement, which I expected.

The last runner – Mrs. Mehwish Raheel is not discouraged and fully optimistic concerning next rounds: “I will improve my trading in near future and you will see me again trading in the next round number 30, and I will use my other strategies in that contest.
I have learned a lot of things, and I learned one main thing, that is do proper analysis, then proper calculation of lots, actually I did some mistakes in trading volume, but I will try not do it again in next round”.

The new Round 30 starts over a weekend! Register in the special Round of OctaFX Champion Demo contest to win $3000!

Publication source
OctaFX information  OctaFX reviews

October 28, 2016
Best contests, promotions and trading conditions 2016
FBS has added an absolutely new award to its portfolio. This time we’ve been acknowledged to offer the “Best contests, promotions and trading conditions 2016” among all Forex brokers. This is a great honor to our company...
October 28, 2016
End of Daylight Savings
We would like to inform you that due to the seasonal change in Daylight Savings Time in Europe on the weekend of 30th October and in the United States on the weekend of 6th November, the trading hours of various instruments will be affected between October 31st and November 11th...
October 27, 2016
Friday news from America
The United States will release the first estimate of Q3 GDP on Friday, October, 28 at 15:30 EET. The higher American economic growth is, the bigger the odds of the Federal Reserve's rate hike in December get and the stronger the US dollar becomes versus other currencies...

HotForex Rating
FIBO Group Rating
FXTM Rating
Vantage FX Rating
FxPro Rating Rating

OptionsXO Rating
Binary Brokerz Rating
OptionBit Rating
Empire Option Rating
Banc De Binary Rating
365BinaryOption Rating