OctaFX Champion Demo Contest

7 December, 2015

OctaFX Champion Demo Contest

Round 45 of OctaFX Champion demo contest is over, and our participants are ready to share their trading experience and key to success. Here are the lucky traders who won prizes in Round 45:

  • 1st place with the award of 500 USD goes to Mr. Md Toiab Ali from Bangladesh
  • 2nd place with the award of 300 USD goes to Mr. Suparmin from Indonesia
  • 3rd place with the award of 100 USD goes to Mr. Rahardyan Widodo from Indonesia
  • The last runner in the contest, Mr. Manat Phusrisalap from Thailand is granted 100 USD

Here’s what our winners have told us:

1st place – Mr. Md Toiab Ali from Bangladesh

I’m so happy to be the Champion this time! My friend told me there was an exciting opportunity to test my trading skills and introduced OctaFX broker to me. Right away, I thought that it was a great idea. Now, when I won the round of one of the demo contests, I would love to take part in the Supercharged real сontest. I think I can win there as well. I have a secret that I can share with all the traders who want to become successful: forget about greed, but be confident. My self-confidence was so strong that I traded better than the others and therefore I was able to grab the first prize. I can’t say that my gain was spectacular, but I didn’t encounter considerable losses either. That’s all because I wasn’t greedy.

2nd place – Mr. Suparmin from Indonesia

I’m really excited to be the champion: I’ve tried several times and finally I won! I’m rather involved in trading and I spend a lot of time on it. I need a few hours to focus and I wait patiently for the right moment to enter the trade. This contest was very useful for me and helped to improve my trading skills. The prize was also very attractive, so I plan to participate in a few more contests in the future. As for the success factors, my secret is patience. To win, you have to stay focused and observe the market movements, sticking to your strategy. The luck factor is also significant, but patience is the first key. I’m sure a lot of contestants are much better than me, but many traders are impatient and they use bigger lots, so it leads to failure. Apart from being able to wait and watch, I follow the market sentiment and trends. I read the news, the forums, Twitter, Facebook, etc. To open a trade, I use the indicators in Metatrader 4 such as EMA, stochastics or BB. My plan is not perfect, but it has always helped me to trade. And yes, I think that you have to practice trading for years to become a good trader. To be honest, I’ve never had any remarkable gains, but for me, the best profit is the consistent profit, so I can consider myself a successful trader.

3rd place – Mr. Rahardyan Widodo from Indonesia

I’m surely happy that I’m one of the winners. I’m a really active trader and I would be glad to participate in OctaFX contests later on - they help me educate myself and provide a few useful trading skills. I took part in this round of Champion contest because I was sure I’d be patient enough to win. I also think that one of the important success factors is being able to learn from the experts. In addition, my strategy includes waiting for the right moment and analysing the trends in a proper way. With the help of these ideas, I’ve never experienced any huge losses. I’ve been trading for some time now and I firmly believe that the right way to do things is to learn for as long as you can. A year or even more is a minimum amount of time to become a good trader.

The last runner – Mr. Manat Phusrisalap from Thailand

I would really like to improve my performance next time and defeat the other contestants. That’s my goal now, and I’m really sure I can do it. I’m even more motivated now than I was in the beginning of the contest. Trading takes a lot of my time, so why not? I use scalping as my most preferred trading tool so I think I’m going to use it next time to be the winner.

Register in the new round of OctaFX Champion to find your name in the news!


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