Round 4 of OctaFX Champion Demo Contest grand awards!!
Today we are proud to award OctaFX Champion Round 4 winners! The round results remained unpredictable literally till the last minute. And traditionally, we have interviewed those who won the competition and asked them to share their success stories for everyone to see and follow. Now, let’s allow our winners speak for themselves:
1st prize, 500 USD and congratulations to
mr. Md Yousuf from Bangladesh
Q: So what is the best forex strategy that you used to win?
A: I do not use any strategy, because I used only my technical method.
Q: What trading tools are most preferred by you? Majors or exotic, and why?
A: My trading tools are most preferred is Majors pair. because Majors pair spread is 1-2, then I like it.
2nd prize, 300 USD and our huge respect to
Mr. Tien Nguyen Trong from Vietnam
Q: So what is the best forex strategy that you used to win?
A: In fact, the process of trading Forex is quite simple and one can catch them in just a few seconds. However, the fact also proves that success depends on the trading decisions rather than practical skills operations orders. Moreover, according to many experts, 80% of success lies in the ability to understand human psychology, that is, the ability to control their own emotions, and apply that knowledge in the process of pursuing business strategy. Certainly knowledge of the financial and economic as well as understanding of the macroeconomic process will help businesses make the right decisions, but that is not the key to the success. In fact, the professor of economics usually do not have the advantage of a home business is not trained but the actual trading experience. Forex trading is practical activities rather than academic theory. Market is shaped by the rules and the repeated cyclical developments and a successful business will have to spend a lot of time to learn them. You will get practical experience after continuous process observed market response to changes in economic indicators, financial before rumors, forecast or volatility in the stock market and commodities.
Q: What trading tools are most preferred by you? Majors or exotic, and why?
A: I often quote famous quote by Albert Einstein: "Everything should be expressed as simply as possible, but not simpler permitted its own nature." Same rule can apply Forex market. Although trading tools and trading methods on the market are simple, sensible business still needs the ability and most importantly, experience. Experience is what not to buy, nor natural that as a gift, it can only be accumulated through practical activities in the market. All of us know that if possible it is better to learn from the experience of others (and the correct answer is so). But we need to understand and feel a certain event will evolve how they're really going.
Q: Your impressions about OctaFX contests and other services (if you use them, of course)?
A: OctaFX is an open contest. It gives a great opportunity to investors who are eager to assay their experience and knowledge in a competitive environment by providing investors the nearest investment psychology. This contest contest is also an unmissable occasion for newbie investors. They will improve their skill and experience in a competition environment without taking any risk.
3rd prize, 100 USD and give props to
Mr. Khaledur Rahman Jewel from Bangladesh
Q: So what is the best forex strategy that you used to win?
A: I've some of the own forex strategy and always I follow that. Always I use Take Profit and Stop Loss. Never I break my strategy.
Q: What trading tools are most preferred by you? Majors or exotic, and why?
A: I use Moving Average, MCAD, Auto Pivot, pipscut etc. I think some of the internal tools of MT4 is enough of successful treading.
Q: Your impressions about OctaFX contests and other services (if you use them, of course)?
A: I've used some of the trading platform before. I'm impressed to use the OctaFX, and now I think OctaFX is the best. Also I think always I'll use OctaFX.
Finally the last, but not the least prize winner, Mr. Shoukri Aljarjawi from Oman
