A well-chosen trading strategy, correctly predicted trend, and the ability to make the most out of the capabilities of a trading platform: these are not enough to achieve success in trading. Read our new interviews with contest winners to learn how important it is to listen to your intuition, and how experience influences your attitude towards trading.
Anton Petrovsky from Russia, winner of the 504th round of Drag Trade, received real $200.
Preferred instruments: currency pairs with GBP and NZD.
I’m 30 years old, work as an electrician. I enjoy Forex trading and poker. To learn trading, I read on the subject and practiced on a demo account. I believe that it’s better to learn from your own mistakes by trading in the real markets. Like most traders, I want to achieve complete financial independence with the help of trading. Once I lost a large deposit when Stop Loss didn't work and I couldn't close it manually, it was my biggest trading failure. From that moment on, I began to monitor transactions more closely. To deal with anxiety when trading and not give in to emotions, I try not to get hung up on anything and seek distractions, try to find something interesting to do.
When choosing a broker, I paid attention to reviews on forums online. While looking through the reviews I came across Grand Capital, I saw that they offer interesting trading contests. My strategy in this round was based on intuition. That’s what helped me win, I think. I advise beginners to learn from other people's mistakes instead of making them yourselves.
Alexey Butolin from Russia, winner of the 262th round of Rally Trade, received a bonus of $500
Preferred instruments: GBP/USD and GBP/JPY
Trading strategies: trading from levels
Indicators: Stochastic and RSI
My name is Alexey, I’m 61 years old, retired. I have been trading on Forex for about 5 years. Among my hobbies are trading and fishing. I learned trading on my own. Over the years, I developed intuition and self-control that help me avoid rash decisions. I believe that trading improves my personal qualities. I like trading as a hobby. It also makes a great addition to my pension! The most profitable trade I had involved GBP/USD. In early 2019, I managed to enter the market really successfully the support level. I managed to make 400 pips then.
When choosing a broker, I paid attention to customer reviews on the web, trading conditions, and deposit and withdraw methods. Grand Capital was recommended to me by an old friend. I liked it: good contests, excellent analytics, fast order execution. Interesting and transparent contests, the winners are determined impartially. In this round, I heavily relied on levels as my strategy, and it didn’t let me down. The main advice for novice traders: believe in yourself and learn how the market moves. I can draw charts from memory! Learn to deal with your emotions and don't change your mind while a trade is open.
Al-Ahabdala Ahmar Nahma from Iraq, winner of the 503rd round of Drag Trade, received real $200
Preferred instruments: GBP, gold and oil.
Indicators: Stochastic and moving averages.
I’m 20 years old, have been trading since October 2018. Now trading is more like a hobby for me, but I plan to turn it into my main source of income. I learned trading thanks to blogs and video tutorials on YouTube. One of my most unsuccessful trades was placed in January last year, I lost my initial deposit of $1,000 within an hour. Self-discovery and meditation help me control my emotions. When I first became interested in trading, I had no idea what criteria to pay attention to when choosing a broker. Now I look at the quality of services: trading conditions, spread, response from the customer support service. I chose Grand Capital because of the contests. I see a lot of advantages in Forex contests. Many traders make very risky decisions that often lead to unsuccessful trades. If you consider the bonus funds your own, you can use them to make money for your first deposit. The round was very emotional. I won by opening a buy position for GBP/JPY, and closed it after about 40 minutes.