21 January, 2016
Here are some good news for those who are thinking of taking part in OctaFX Champion demo contest! The new Round 47 starts in a few days, so don’t miss your chance to fight and win the valuable prizes: join the contest here. In the meantime, let’s congratulate the winners of Round 46:
1st place with the award of 500 USD goes to Mr. Adi Slamet Priyono from Indonesia
2nd place with the award of 300 USD goes to Mr. Taswan from Indonesia
3rd place with the award of 100 USD goes to Mr. Ab Ghaffar bin Hussin from Malaysia
The last runner in the contest, Mr. Deosmon Delsy from Indonesia is granted 100 USD
They were happy to share their experiences and secrets of success:
1st place - Mr. Adi Slamet Priyono from Indonesia
I’m very happy and proud that I won a round of OctaFX Champion demo contest. I learned about OctaFX from my friends who had been trading with this company for a long time. I was curious, so I immediately took part in the Champion contest. To be honest, I didn’t think I’d be the winner. And I won! Now I’ll be more serious about trading and spend much more time learning about the technical and fundamental analysis tools. As for the key to success, my secret is charity. I’m always thinking of helping others, so, God willing, half of the prize will be donated to the construction of mosques or to the people who need these money more than me. I would like to thank OctaFX for providing such an opportunity for beginners like me. I’ll definitely develop my skills to the better after this contest.
2nd place - Mr. Taswan from Indonesia
I’m glad to be one of the winners of the contest. As a matter of fact, I don’t spend too much time trading: I usually use long time frames. I will surely participate in the next rounds! My key is being consistent and disciplined. These are two main ideas that any successful trader should keep in mind. My strategy is to wait for a proper moment, to trade when market conditions are good. I can’t say I’ve ever had any serious losses, so it probably means my idea works. My advice for the novices would be to practice as long as they can. It takes at least 6 months to understand the basic principles and methods. Then the real trading starts.
3rd place - Mr. Ab Ghaffar bin Hussin from Malaysia
I’ve participated in 12 rounds of this contest. Round 46 became my lucky one, and I managed to win. I’ve been following this contest based on the information provided by my friends and also by the media. I don’t feel it took a lot of time. At least, it wasn’t too much for me. The key to my success was the ability to take charge of my emotions. In Forex, keeping emotions under control is vitally important. My strategy was simply to use the Fibo retracements and the MACD indicator. Having an insight of the current trend also helped. Using these tips, I managed to get a good profit with a capital of only USD 1000. I’ve been learning Forex for about a year and two months now and I figured out a good formula: don’t be greedy and keep fear and emotions under control.
Register in the next round and take the challenge!
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:
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