This round was won by a robot

25 July, 2016

“One day I was at my friend’s place and he was trading in MT4. He told me that on Forex you can earn more than $100 in mere seconds. I didn’t believe him”. – The winner of round 322 of Drag Trade contest, Amir Khan told us how he became a trader and how popular Forex trading is in Pakistan.

Congratulations once again, Khan!  

Tell us how you became a trader. How did it all start?

Well one day I was at my friend’s place and he was trading in MT4. He told me that on Forex you can earn more than $100 in mere seconds. I didn’t believe him. He then said that I can check it myself on a demo account with virtual money. 5 years have passed since I did it and I never regret this decision. Now Forex trading is a great source of extra income for me – my main source is my business. In the future I want to become a big professional trader.

Is Forex trading popular in Pakistan? 

Yes, I would say it is really popular over here. If you live in Pakistan, you can be confident that there is at least one person around you who is more or less acquainted with Forex. That is why it is easy to find a friend or a colleague at work to discuss a new trading strategy and consult a trader more experienced than yourself.

Do you often participate in contests for traders?

Yes, I participate in Forex trading contests quite often. But I especially like Drag Trade because it is one of the very few contests that last for just 1 hour.

Let’s talk a bit about your trading. You opened 9 Sell orders for GBPJPY pair with completely different volume sees like it was algorithmic trading. Did you use a robot?

Yes – this round was won by a robot specifically developed for short term contests. One of my friends develops expert advisors. I once told him about the contest, the task seemed quite interesting for him and he made a robot for me that would suit short contests. GBPJPY pair I chose by myself – I like it cause of the good spread.

What is the most important in a Forex Broker and why did you choose Grand Capital?

Main criteria are, of course, the spreads, leverage and tradable deposit bonus. As for Grand Capital, above all, it offers great interesting contests.

What would you wish or recommend to those contest participants who haven't won yet?

Well, to both new and current participants who haven’t won yet I would advise to first analyse the 30M chart prior to the start of the contest so you know if the market trend is bullish or bearish.

Drag Trade contest is one of the regular contests held by Grand Capital. Participation in all demo contests is free. Just receive the highest profit trading on demo account with initial deposit of $100 000 and become the next winner!


Source  
New office in Thailand with free training program30 Jul, 2020  

A new Grand Capital office in Thailand is welcoming everyone interested in financial market trading. In our office in Chiang Rai, qualified professionals will provide...

Updated prize claim conditions15 Jul, 2020  

Claiming your prize has become easier for winners of all our contests: Drag Trade, Futures Trade, Rally Trade, and Micro Trade. Now traders who take...

New investment portfolio for June-August 202026 Jun, 2020  

Crisis is the best time for a competent investment. By investing, you not only save money from economic recessions, but also increase your funds. The Grand Capital...


Don't leave crypto, don't blunder18 Jun, 2020  

Today we give a free lifehack on how to have your cake and eat it too. Using it one can both save cryptocurrency and trade in forex...

Vladimir Rojankovski: New Chief Analyst at Grand Capital5 Jun, 2020  

Vladimir Rojankovski, a professional trader and financial analyst with 20 years of experience, author of books on economy and studies, took charge of Analytics...

Follow Grand Capital on Twitter4 Jun, 2020  

We're excited to announce that Grand Capital has expanded its social media presence and launched a Twitter account. This means that the company now has yet another official...


How traders profited off of the crisis with $100001 Jun, 2020  

Early in the pandemic, when lockdowns were being imposed across the world, we wrote a post about making money during the crisis. The recommendations...

Grand Capital offers MT5 - a new classic27 May, 2020  

Grand Capital offers seven types of trading accounts to clients, each has different conditions, instruments, and fees. MT5 account deserves special attention...

New Grand Capital office for investors in India26 May, 2020  

Even in this difficult period for the economy, Grand Capital continues to ensure that the company's clients always have an opportunity to consult professionals...

Top 10 Forex Brokers 2020

200+ Forex Brokers
Top 10 Profitable Forex Advisors
The Most Profitable Forex Advisors 2020

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the Top 10 Forex Advisors including Equilibrium, Excalibur, Night Owl...

Top 10 Forex Advisors 2020

All Forex Advisors
TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2020

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2020

All Forex Platforms