29 August, 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!
Time flies, so here are another week's results of OctaFX cTrader Weekly demo contest. Let’s welcome five more winners and five more valuable prizes that were given to the most skillful traders of Round 41 of cTrader Weekly demo contest:
We are glad to inform you that starting from today you can deposit your euro trading accounts with Skrill! OctaFX introduces direct deposits and withdrawals for Skrill in euro currency.
Round 40 of OctaFX cTrader Weekly demo contest showed the outstanding skills and ample experience of Indonesian traders: this time, all the winners happened to be from Indonesia...
There's only one month left till the very end of OctaFX Supercharged real contest, and soon the ultimate winners will be unveiled. Stay tuned to learn who gets Tesla Model S and a whole lot of other outstanding prizes...
OctaFX welcomes five new winners of cTrader Weekly demo contest. In Round 39, traders from all over the world competed to share the prize fund of $400.
New OctaFX champions are here with the exciting tips for those who want to become the best of the best in trading! The winners of Round 49 of OctaFX Champion demo contest were happy to share their keys to success and secret techniques...
OctaFX together with our English Premiere League football partner Southampton FC are calling you out on a challenge! Blind Soccer Challenge from OctaFX is aimed to raise funds for visually impaired sportsmen across the globe...
OctaFX would like to inform you of the changes in the trading schedule for XAU/USD and XAG/USD instruments for Easter Holiday Period. Friday, March 25, trading on XAU/USD and XAG/USD is closed. Trading on metals reopens Monday, March 28, with Market opening (01:00 EET)...
OctaFX is ready to present our traders with everything they need to know: Education section is now released! Having a question? Want to learn more about Forex? Mastered easy techniques and ready for more...
|7||Fort Financial Services||70%|