Interview with the winner of $2000 Sprint contest

2 October, 2015

We are glad to present an interview with the winner of the first round of $2000 Sprint which took place in September. Vladimir Volkov from Orenburg shared his trading strategy which brought him $2000.

Vladimir, we would like to congratulate you again and thank you for agreeing to share your experience with us. I think we all want to know one thing - is your victory just your luck or a well-thought trading strategy?

-Actually, I decided to participate relying on my luck and did not really expect to win the thing because I traded like I usually do. I decided to increase my trading volumes only when I noticed myself on the top of the rating. So I wouldn’t call it a well-thought winning strategy. I think that it’s just that my normal trading strategy was better than what other participants used.

Can you describe your trading strategy?

-Sure, - I usually employ martingale strategy which is based on tech signals I create myself by using wave analysis on small periods (5, 15, 30 min). Martingale gives me volumes and wave analysis tells me when it is better to enter and exit the market.

Which trading instruments do you prefer and why?

-I mainly trade GBPJPY and GBPCHF and also a couple of CFDs.

- Tell us more about yourself. When and why did you decide to become a trader?

-I’ve been trading on Forex since 2008. I had just finished the University and was searching for a job, so I had some free time. I decided to try Forex trading as it was very popular back then cause of the world’s financial crisis. I thought: if everybody is doing that, why not at least try? I opened a demo account, started to watch webinars, reading trading forums – was educating myself. When I realized that I am doing quite well with the demo, I opened a real account with my first deposit of $200. I then traded for about a month with no actual success and decided to drop it. But after some time I decided to come back, so here I am.

What was you first strategy and instruments?

-I started with EURUSD, like everyone I guess and tried scalping, but very soon realized that such non-stop strategy is not for me, so I shifted to day trading. Then I started to study wave analysis and it gave me deep understanding of the market and how and why the prices are changing.

Why do you trade with Grand Capital?

-I like the trading conditions and instruments range here. I have been with GC for quite a long time and almost never had an issue with your guys. The issues that I had were resolved very fast which is a very good sign.

We are planning to launch the second round of the contest in October. What would you say to future participants?

-First of all, do not change you risk management strategy trying to win in any contest. This is the main rule, I think. Secondly, the contest doesn’t require more than just having a Standard account. If you have one, just register your account in the contest and start trading like you usually do. May be, it will be your strategy that will bring you a victory.

I wish everyone best of luck!


Source link  
Win Grand Capital Cup!

From June 14th to July 15th, 2018, Grand Capital holds a World Cup-themed promotion 'Gather Your Team'. We invite traders who are partial...

Don't be afraid of losses...

The winner of the 421st round of Drag Trade, Denis Nemchinov is a trader with 14 years of experience. He told us how he had learned trading and why...

Grand Capital at iFX Expo 2018

Traditionally, iFX Expo has always been attracting the leading financial companies. Just like a year ago, we participated in the expo together with our...


Experience is best teacher for traders

We think that it is important for traders to learn from their own mistakes and for that reason we asked our contest winners to share their most cringing mistakes...

Grand Capital partnership program

Every year FXDailyinfo holds an online vote to determine the best Forex and Binary Options brokers. FXDailyinfo has been nominating Grand...

You can only learn trading fast with a mentor

Our new contest winners share their advice on how to avoid making the same mistakes over and over again...


Contest is a great place for experiments

Our new interview round-up features winners of Rally Trade, Drag Trade and Future Trade. The winners of our contests often share their...

Business Expo in South Africa

Grand Capital with partners held a business expo titled “Truth vs. Myth About Forex” in Klerksdorp, the largest city in North West Province in South Africa...

Business Expo in Klerksdorp, SA

On the 24th of February Grand Capital, together with our partners from Wealth for Life, are going to host a seminar in Klerksdorp, the largest city in North...

  


Share: