Interview with contest winners: “Successful traders take risks”

The winners of our contests are quite sure that a successful trader spares no expense on education, is always ready to take calculated risks and listens to more experienced traders. Read the opinions of the three of our most recent contest winners. Who knows, maybe their stories will help you to get to the top. Read, learn and dare!

Natalya Filliova, Russia, the winner of 201th round of Rally Trade

"I often participate in trading contests because I like the competitive spirit and the emotions associated with it. I tend to choose shorter contests. That's why after I won Drag Trade I decided to try Rally Trade and now I finally made it. I think I won thanks to a good AUDUSD movement, I managed to place the positions in time and it all worked out. The hallmark of a successful trader is a huge amount of time invested in education, That's why I advise the beginners to learn and make calculated decisions."

Tadeusz Kubala, Poland, the winner of 202th round of Rally Trade

"I'm 61. Until recently I owned a business, but now I work at a factory. I started trading about 10 years ago. I always liked the field of finance. Forex is very popular in Poland. I think the reason is that the technology education here is on a high level. I mostly trade USD/JPY, USD/CAD and EUR/USD. When I trade I alternate between technical and fundamental analyses. For example, I won this round thanks to the latter: Canada's GDP went up 0.3% this June and I figured that Canadian dollar would grow stronger.

All in all, financial market trading is not a very difficult thing. The real art of trading is in controlling your emotions. At the same time I think that a successful trader doesn't shy away from risk and has a strong spirit. I chose Grand Capital because of low minimum deposit, low spread, the absence of requotes and the safety of funds. My advice for the beginners is to deal with stress, not to be afraid to change your strategy and set adequate stop losses."

Ebrahim Nejaddarzi, Iran, the winner of 385th round of Drag Trade

"I'm 41 and I'm a teacher. I've been trading for 10 years. At first, I used to lose a lot, but now I focus on money-management and risk management. My most memorable trade was at the time of Brexit. Then I profited a lot from selling the GBP. I use a combination of moving average 55 and Ichimoku. I trade mostly USDJPY, GBPUSD and EURUSD. Demo contests help to understand the market better. I won this round thanks to fast decision-making. But the beginners should only make decisions based on thorough analysis of the situation and not on intuition, and learn from the others' experience."

P.S. Read contest rules and sign up for the next round here.