9 October, 2014
Exciting comments from Round 30 participants arrived, but first, let us remind you the names of four winners!
How do you feel being an OctaFX Champion?
1st place – Mr. Edi Santoso: I feel very happy, and hopefully in the future I can be even better.
2nd place – Mr. Ranesh Thenuwara: Wow I feel good.
3rd place – Mrs. Annisa Nurul Koesmarini: I really did not expect to win, totally unpredictable and beyond my expectations. Frankly, I was very happy when on Friday, September 26, I realized that my ranking jumping up into the big 3. After I close all positions on that day, I just hope no one was overtaking my position. And, as it turns out, it actually happened, when I got an email notification from OctaFX.
What is the key factor to your success? Why are you better than everyone else?
1st place – Mr. Edi Santoso: Patience is, and ability of not being hasty when doing open position, and being careful while analyzing.
2nd place – Mr. Ranesh Thenuwara: Market trend influences my success.
3rd place – Mrs. Annisa Nurul Koesmarini: My success factors, may be practically just a little analysis and a little luck. I am very confident when I open position on that pair. Then, I open a position with improved margins, which I guess is enough to be able to withstand the brunt of the storm so, I make sure not to be exposed to margin call, even if I do not open the chart for a week. That's it.
What was your strategy? Have you developed a perfect plan or tried various techniques?
1st place – Mr. Edi Santoso: Strategies that I use quite simple, just using the default MT4 indicators. That's it.
2nd place – Mr. Ranesh Thenuwara: My strategy is candlestick pattern.
3rd place – Mrs. Annisa Nurul Koesmarini: I used to try Scalping and Intraday techniques in my real account, but the results are less effective and less efficient. Now, I try not to always look at the chart, and I combine it with some cliché but important techniques, which may have been known by traders, such as money management and position sizing, and the result is quite good and not disappointing for people who only see the chart only 3 times during the contest.
How long does it take to become a good trader?
1st place – Mr. Edi Santoso: It depends on our perseverance in learning about the market.
2nd place – Mr. Ranesh Thenuwara: Two years.
3rd place – Mrs. Annisa Nurul Koesmarini: To be a good trader, I think it requires 3 to 6 months, if every day, you diligently read the success tips from successful traders of the world, often practicing, brainstorming, discussing with people whose lives rely on trading only. Then, try different weapons and try out various styles and eventually find a suitable and convenient for you. Clearly, when the factor of 10,000 hours of process you have taken, I'm sure you're familiar with youself, and can become a good trader. If you do not take the time every day, the exact time it takes to become a good trader could be much longer, could be 1-5 years. All depends on your willingness and commitment. Simple.
OctaFX thanks all the contestants for participation and our interviewees for sharing their success stories!
Round 18 of Supercharged real contest is finished, and our recent round winner is Faidol Barokah from Indonesia. He was ready to give a few tips and to share his ideas on trading with those who are thinking of registering and joining our Supercharged contest...
We are proud to announce that OctaFX has been nominated for the Most Innovative Broker and the Best International Broker titles in Forex Broker Awards 2015 by FX Empire...
We are delighted to let you know that the results of Round 29 cTrader weekly demo contest have already arrived and newly-awarded winners celebrate their victory! Round 29 participants who showed their best trading performance share $400 prize fund...
The new round of the long running cTrader weekly demo contest is over, now we will announce the winners names. The best traders of the round are awarded with our $400 prize fund. While we congratulate five newly emerged winners...
Once again we are delighted to announce Round 43OctaFX Champion demo contest winners! Our winners will share $1000 prize fund between them! These champions proved to be good traders and, thus, earned our praise...
We are proud to announce Round 42 OctaFX Champion demo contest winners! We are glad to share the names of our winners and divide $1000 prize fund between 4 lucky traders! These champions proved themselves to be good traders and, thus, earned our praise...
More and more participants are willing to compete for our glorious prize - brand-new Tesla Model S! While Tesla allures true car-lovers, our prize fund is much more various: Smart Fortwo and Renault Twizy are among 10 top-notch prizes...
One more round of cTrader weekly demo contest is over, and the results of the contest are announced. Round 23 was lucky for our 5 winners. The best traders of the round are awarded with the prize from our fund and proudly listed among the winners from previous rounds...
The results of OctaFX Champion demo contestarrived, and we are pleased to announce the distinguished traders of Round 41. These participants deserved to be called real Champions! Our four luckiest traders can now share $1000 prize fund according to their places...
|7||Fort Financial Services||71%|