8 August, 2016
Hamim from Algeria won real $200 in our weekly Drag Trade contest and agreed to share his winning strategy as well as his thoughts on Forex industry in Algeria. How popular is Forex in Algeria? I wouldn't say that Forex trading is really popular in Algeria, but it's been changing recently as I now see people on the street, in cafes and public transport with MT4 launched on their smartphones. I remember, when I was just starting, it was three years ago, I couldn't even find anyone except my brother to take about Forex with. But that's quickly changed and I event managed to interest a couple of my colleagues, although they dropped it and as they say, it is too stressful for them.
You've been participating in GC contests for a year now. However, this is your first victory. Why do you think you won this time?
I think that it is my experience and intuition. Experience plays a major role in trading, I think. I feel how much my level of professionalism has risen since when I just started.
Tell us about your trading strategy.
After Brexit I've only been trading GBPJPY because of the pair's high volatility. I'm scalping by using support and resistance on 30min chart.
What is important to you in a Forex broker and why did you choose Grand Capital?
The main criteria are the broker's credibility, quality of client support service, deposit and withdrawal conditions. Grand Captial suits me in all aspects. Also, your contests are among the best.
What do you think makes a good trader?
The main quality of a successful trader is willingness to learn and accept own mistakes. Also, trading is impossible without a slight feeling of euphoria. When I was just starting to trade Forex, I had that tingling feeling of passion mixed with adrenaline. I still feel it when I open the trading terminal. That is why I wish everyone to feel passionate about what you do and never give up!
Drag Trade contest is one of the regular contests of Grand Captial. Just like in other demo contests, participation in Drag Trade doesn't require initial investment. Get the largest profit trading on a demo account with $100 000 balance and become our next winner!
The winner of the 392nd round of Drag Trade lives in India, works as a mechatronics engineer and has been trading on financial markets for about five years...
Grand Capital will participate in Money Fair expo in Shanghai from the 1st to the 3rd of December. Money Fair is the largest financial expo...
On the 15th of November, Grand Capital CEO Stanislav Vaneev, together with UpTrader, a software provider and our partner, will participate...
Meet two winners of Rally Trade and one winner of Micro Trade in our new interview round-up. We think it’s very reasonable to learn from others...
Among the recent contest winners are a water supply company employee, yoga teacher and a future Master of Laws in Taxation. The common theme...
Grand Capital participated in Investment and Finance Expo, one of China's largest financial expos that took place in Guangzhou. During the expo award ceremony..
In our new interview roundup we present the winner of the anniversary 200th round of Rally Trade, the winner of 55th round of Future Trade...
In our new interview roundup we introduce the winner of Rally Trade who set a goal for himself a year and a half ago to win this contest...
This September Grand Capital will take part in two financial industry events in China. We invite partners, investors, and clients to visit financial expos...
|10||Fort Financial Services||65%|