Posts Tagged ‘traders contest’
The contest “Rally FX-1“ is quite younger one, but with every time conest’s turnover is gaining more and more! What is the secret of popularity and why it is so attractive for traders, you’ll find from the answers of a new winner – Wasit Agus Suranto:
IFX: FX-1 Rally is a rather new contest arranged by InstaForex Company. What is your attitude to the idea of a 24-hour contest?
SW: I am glad that InstaForex Company arranged one more contest – of Rally FX-1.This contest really tests the ability of traders to employ strategies and control their emotions. I take part in nearly all the contests organized by InstaForex Company, but the Rally FX-1 Contest seems to be the most challenging of them.
IFX: How much time have you been cooperating with InstaForex Company?
SW: I have been spending not less than 15 hours a day with InstaForex. Yet I still have to learn and practice to develop my own trading technique.
IFX: How long have you been operating on Forex?
SW: Frankly speaking, I started working with InstaForex in September 2010. Previously, I cooperated with other companies. But after joining InstaForex I find trading comfortable, so I still do not have an intention to move to another company.
IFX: What do you think are the main advantages of InstaForex Company?
SW: InstaForex Company provides many benefits to me, especially in terms of formation as a true trader.
IFX: What was your day of partaking in the contest? You must be attentively staring at your terminal all the time?
SW: I take part almost in every contest held by InstaForex, but I did not look at the terminal all the time.
IFX: How did your relatives and friends react to your decision to participate in the 24-hour contest?
SW: Many of my friends also took part in the 24-hour contest held by InstaForex because they also want to test their trading skills.
IFX: What was your reaction when you were announced to be the winner?
SW: I felt really very happy because after all the main purpose of taking part in a contest is to win but I wanted to test my trading ability.
IFX: What is your recipe of success and victory?
SW: I do not have a specific recipe of how to winning in a contest. I am just trying to be consistent in employing indicators and trading management principles.
IFX: Are you up to take part in coming FX-1 Rally steps?
SW: I will still take part in Rally FX-1 Contest, even if I fail to win.
IFX: What would you say to the other participants of this contest step?
SW: I want to say to all participants of the contest, that they should keep on partaking in every contest held by InstaForex because it will shape their style of trading and, what is even more important, will help them to control their emotions and to manage their trading more effectively.
IFX: Thank you for your time. We wish you more victories!
Added by Denis Grigoriev,
Recently InstaForex Company has launched a new contest “Rally FX 1”, which is very special as is lasts only for one day and the contestants have absolutely no time to relax! Find out how to remain calm and be the fist to cross the finish line reading the prize-taker interview – Chai Hoi San.
IFX: You are the winner of Rally FX1 contest arranged by InstaForex Company. Please, tell us what were your emotions when you learnt about the contest results?
SC: I can’t believe I was able to beat all the competitors in such a short period of time.
IFX: What brought you to leadership? Was it difficult for you to get the first prize?
SC: The situation that Europe is facing (critical financial problems) gave a hint to the movement of the currency.
IFX: What do you like about one-day contests?
SC: It’s more challenging, but yet pretty achievable.
IFX: What other InstaForex contest have you already participated in? Have you ever managed to take the first place?
SC: I have participated in other contest, such as Sniper, Great Race and Real Scalping, but I have not win in any of them.
IFX: Changing the topic of the contests, are you an experienced trader? What category of traders do you belong to: a newbie or a professional?
SC: I am still a newbie.
IFX: Why have you chosen Forex market?
SC: As it is a place to make money.
IFX: What instruments and methods do you use while taking your trading decisions?
SC: I monitor closely the economic news releases.
IFX: Do you remember your best and worst deal? What personal qualities do you think can help to attain success in trading?
SC: I think being patient is very important in the process of trading.
IFX: And the last question is: are you planning to be involved in trading in 10 years?
SC: Definitely, as it is the place where I can trade to make my dreams come true.
IFX: Thank you very much for the interesting conversation. We wish you new victories and achieving the aims you have in your life! Keep partaking in the contests arranged by InstaForex Company and win the first prizes!
Added by Kseniya Lobas,
Often traders take part in InstaForex contests because they want to perfect their skills, test new strategies and compete with experienced rivals. How much time does a trader need to become a professional? The winner of “Real Scalping InstaForex” contest – Ednei Jorge de Souza answered this and other questions.
IFX: How long have you been familiar with Forex market?
ES: I know forex for approximately 4 years.
IFX: How long have you been engaged in the currency trading?
ES: I am a Forex trader for three years.
IFX: What exactly attracted you in trading activity?
ES: The possibility to work at any time as the market operates 24 hours a day. I am married and have a little daughter, and I work 8 hours a day and I am also a student, so my time is very scarce.
IFX: How long do you work with InstaForex?
ES: Almost two years.
IFX: Why did you choose InstaForex Company among all others?
ES: InstaForex offers a great variety of currency pairs and MetaTrader 4, quick orders and excellent support, plus an amazing bonus.
IFX: Why did you decide to join the contest “Real Scalping InstaForex “?
ES: I have participated in other contests, but this one I believed was the type most suited my profile.
IFX: Were you surprised by the contest totals or you were sure in the victory?
ES: Although my experience and good placement in other competitions I was surprised at first.
IFX: How do you think what was the driving force which helped you to get the winning place?
ES: A little knowledge of graphic analysis coupled with the monitoring of news impacting the market.
IFX: Which contests held by InstaForex did you take part in or planning to?
ES: Real Scalping InstaForex, Lucky Trader, InstaForex Sniper. I have participated and intend to participate in InstaForex Great Race 2011, but missed the application deadline for the first phase.
IFX: And the last question, what is trading for you: the job or a lifestyle?
ES: Lifestyle and aggregate income, because I love Forex!
Added by Yana Krupko,
“Lucky Trader” is a young contest however it became popular among traders very quickly. What is the secret of its success? Attractive conditions, strong technical base, good prizes.. It is not the edge! “Lucky Trader” turned out to be a wonderful opportunity to trade with adrenalin! The winner of the regular tournament is a thrill-seeker – Khalaf Nasrallah.
IFX: Hello! How long ago did you make your first steps in the world of Forex trading?
KN: 2 years ago
IFX: Is Forex popular in your city?
KN: Yes, it is.
IFX: How often do you participate in such kind of competitions for traders?
KN: I always participate in such contests, I can say I do it monthly.
IFX: Was it easy for you to gain the victory?
KN: No, actually, it was very difficult, especially in such kind of contest – “Lucky Trader”, you need a special mindset to win and a good luck.
IFX: Does the advisor run trading instead of you or you prefer “manual” trading?
KN: No, i prefer to run my trades manually.
IFX: Have you ever managed to repeat the contest account result in real life?
KN: Unfortunately, no, but it is not the time yet.
IFX: Whose opinion is the most authoritative one while deals settling?
KN: I believe in my judgment based on my strategy.
IFX: What made you involve in InstaForex Company, how did you become our client?
KN: I like Insta platform, low spread and instant execution.
IFX: What parting words would you say the newcomers?
KN: If you are serious about this business, get a real account; don’t use a Demo account more than one month.
IFX: Thank you very much for your answers! Good luck!
Added by Kseniya Vedenko,
Often an interesting activity is left at the midway and the peaks which could have been conquered become dreams. Trading is not exclusion. Forex is not just a hobby, it is work requiring diligence, patience and dedication, and these peculiarities are not possessed by anybody! However, expended energy will never be left without a reward, either moral, or financial. The winner of “InstaForex Sniper” contest confirms it – Anthony Genius.
IFX: Hello! How did you join Forex market?
AG: My Friend told me about forex then I became interested.
IFX: Is your education related to financial markets?
IFX: Does trading come as your main activity or it’s just a hobby?
AG: Right now, hobby and side job.
IFX: Do you follow the analysts advice or you prefer to make forecasts by yourself?
AG: Make my own forecast.
IFX: Were you sure in your victory from the start or was the victory a pleasant surprise for you?
AG: I was surprised.
IFX: How do you think what advantages helped you to outrun your rivals and break through to the first place? Or was it just a luckiness?
AG: I have trading system and that week (contest) it did well.
IFX: What did attract you in “InstaForex-Sniper” contest?
AG: Short period and transparency.
IFX: Are there any pairs you try to avoid in trading?
AG: Try to avoid USD-JPY.
IFX: What is your strategy based on?
AG: Trend line and RSI.
IFX: What would you wish or recommend our competitors who were overcome by you?
AG: Find your trading system, test it. If it’s profitable, don’t hesitate to follow it.
Added by Yana Krupko,