For me there is no difference what to trade. I have only one strategy...

19 August, 2016

Eugene Somenkov, another winner of Futures Trade, uses simple and available, yet effective schemes in his trading. He shared his exemplary history in the interview. Eugene, tell us about yourself: how long have you been trading in the financial markets, where did you begin? -For about 10 years, with different periods of activity. Then again I started from different kind of contests.  

-What place does the trading take in your life? Is it just a hobby or a serious source of income?

-For the last 5-6 years, I actually did nothing except for Forex. Thanks to it, I have rather decent extra income but not on a quite regular basis.

-What do you like about Grand Capital’s contest? What can be improved, in your opinion?

-I like stability, informational content, excellent display of ratings. But I advise reconsidering the system of rewards for trial contests.

-What do you take notice of, when you pick your broker? And why did you choose Grand Capital?

-I pay attention to the trading conditions, input-output conditions, and quality of execution of warrants. I’m going to trade for the first time with a real Grand Capital account. Will see what becomes of it.

-Tell us about your trading strategy within the scope of contest. Does it differ from the one you stick to, while trading on a live account?

-As people tell in Odessa, a competition and reality are two big differences.

-You manually opened up more than 200 warrants as part of the round and only 2 were unprofitable. What do you base yourself on, when you make trading decisions?

-The number of warrants does not affect the result. It is only a matter of habit.

-Why did you choose the contest with the futures trading system? What strategy would you name the most successful?

-For me, there is no difference in what to trade. I sell everything that moves. The strategy is: buy cheaper, sell at a higher price. This algorithm is drilled into the spinal cord.

-What is your advice for those, who are only going to take part in the contest?

-Regardless of the type and duration of the contest, you should have some strategy and algorithm of actions in your mind. And, of course, I wish good luck to all new traders! It will come for sure.


Source link  
All trades are worthwhile

Success is a relative notion. Someone would be discouraged by failure and stop acting entirely, but others would find new opportunities...

Make mistakes and analyze them

Most of our traders are self-taught. Before starting to trade, they had to absorb a lot of information. But they kept going towards their goal...

"Once I increased my deposit 40 times"

There's a curious pattern in trading. Those whose trades turn out not as good as they planned tend to blame unfortunate circumstances...


Interview with contest winners

Our latest interview round-up features traders who, having accumulated vast experience by the method of trial and error, give useful pieces of advice to beginners...

Interview with contest winners

It's quite possible to successfully engage in investing while combining it with your main occupation. Learn how a farmer from Iraq, a factory...

Grand Capital financial forum

Grand Capital Financial Business Expo took place in Windhoek on March 2, 2019. The event was dedicated to the promotion of financial literacy...


Interview with contest winners

We've been noticing lately that our traders tend more and more to study online. Social media and YouTube are surpassing classroom education...

Financial forum in South Africa

We continue to organize financial and Forex-themed events in Africa. Come to Grand Capital Financial Business Expo in Johannesburg, South Africa...

Make a prediction and get $150

Our regular prediction contest is more difficult this time, while the prize has been tripled! Head over to our Facebook page to take part in our contest...

  


Share it on:   or