14 September, 2015
We are happy to share the success stories of our Round 42 champions. Some of their pieces of advice could be inspiring and useful for traders of different levels. Let us remind you the names of the winners:
1st place – to Mr. Fadjar Tri Surjanto from Indonesia
I am very happy to become a winner in OctaFX Champion demo contest! It has boosted my confidence. I want to say thank you to OctaFX for providing such inspiring and amazing demo contests. During this round I paid close attention to charts by observing them and analyzing the price movements. Trading is challenging- no doubts! But I love challenges. Life will be boring without them. It is always lots of fun to participate in all OctaFX contests. In order to succeed, one needs patience and discipline, he needs to learn from his own mistakes and he needs to practice. So simple recipe for success that proves to work just perfect. It is important to prepare yourself for unexpected price movements, as well as learn how to be patient while openning the position. The indicator Moving Average (MA) is a very handy tool. My outstanding gain was $35,000 with 5 Open Positions. And the biggest loss was $2,550. My loss is small compared to my gain, and I am confident in my abilities. I have intensely studied forex for 12 months, however, becoming a good trader takes a very long time. As long as we pursue this business, we can achieve really great results by challenging ourselves which is always tempting.
2nd place – to Mr. Menh Ly Kien from Vietnam
I still can’t believe that I won! I feel really excited about the victory. I was very disciplined during the round- I divided my time and made schedules that worked well for me. I am planning to participate in other OctaFX contests and challenge my trading skills. I strongly believe that discipline is crucial for every trader. During this round I used candlestick pattern and long term trading. This contest was a great source of learning for me. It is hard to say how long it might take to become a good trader, but I believe that everything is possible, just you need to pursue your aim.
3rd place – to Mr. Nor azizi bin Amdani from Malaysia
It is unbelievable that I won the contest! There are so many great and skillful traders in my country and outside it. I started to trade because of my friend who told me about the contest. I became very curious about it, and thus, I engaged in this round trying my own trading skills. I really liked the competition , and I will continue trading with OctaFX. One can say that I was very lucky, but I also was very focused during the round. My strategy was using fibonacci retracement, and I primarily focused on fibo level entry only. My biggest gain was $1000 with the initial $10 capital. What is really important in trading is a target! Time is important, but not the most important thing. Be target-oriented, and you will succeed!
We would like to thank the traders for sharing their success stories, as we believe that by doing so we can build a trading community of proficient traders.We hope that these stories got you inspired! Join OctaFX Champion Demo contest to find your story in our news next month!
Be the Champion with OctaFX!
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...