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!
Today our regular interview round-up is dedicated to the...
Grand Capital for the third time took part in a major financial industry exhibition iFX Expo, which is annually held in Cyprus...
The seventh interview round-up is completely dedicated to our Drag Trade contest. Four recent winners told us how they had come to...
On the 24-25 of May, Grand Capital is exhibiting at the iFX Expo International, a major financial industry event...
Grand Capital has won the «Best trading platform» nomination, based on the online vote held by FxDailyinfo...
«Africa Financial Expo 2017», that took place in Johannesburg (South Africa), hosted an award...
The sixth interview round-up features the winner of Rally Trade...
In the fifth round-up the winners discuss the essence of trading. They often agree in their views on it. The ideas that trading is freedom...
In the beginning of February we launched a photo contest on our official Facebook page. For the past three weeks our Facebook fans had been sharing their perspective...
|7||Fort Financial Services||72%|