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“999” winners tell us a secret of their trading

 

03 Aug 2011, 18:10

 

On the 27th of July “999” demo contest was completed. Today the winners share their impressions of the contest, give the beginners some advice about Forex and reveal the secret of successful trading.

 

 

 

Nofa Diana (First place, 555 USD)

 

Balance of her account by the end of the contest reached 132976.97 USD

1 место

 

How long are you engaged in trading? How it has turned out, that you have got acquainted with exchange trading?

 

I’ve heard about Forex business long time ago from my friend.

 

What currency pair do you prefer to trade? Why?

 

I like GBPUSD and EURUSD currency pairs. Because the movement of these currency pairs is quite stable and they have almost the same direction.

 

Please tell about your impressions of participation in «999» contest.

 

I am very happy that FBS held this competition because it can add knowledge and insight in trading as well as the experience in making strategy for opening position. Moreover there are gifts that are given by the FBS to each trader who won the contest.

 

What trading strategy did you use during the contest «999»?

 

During the contest I used the support and resistance tools together with a Bollinger Bands. Bollinger band was used to measure the level of the price; meanwhile the support and resistance tools were used to limit the price.

 

What qualities in your opinion should possess the trader to be successful in trading?

 

A trader will be successful if he has knowledge of price movement, whether because of fundamental analysis or technical analysis. And even more important is the system we have been using. And it has proven the back-testing or forward-testing.

 

What could you advise to traders-beginners?

 

If a beginner wants to jump into the Forex business, he must have some knowledge of the market price movement. Also he needs to know about the tools and how they work. There are many facilities that are provided by the FBS for the beginners.

 

 

 

Legostaev Sergey (Second place, 333 USD)

 

Balance of her account by the end of the contest reached 114144.91 USD

2 место

 

How long are you engaged in trading? How it has turned out, that you have got acquainted with exchange trading?

 

I’ve been trading in Forex since 2009. I heard about exchange trade long time ago, but I got to know about possibility to trade via Internet by chance when I saw some Russian broker advertisement.

 

What currency pair do you prefer to trade? Why?

 

My preferences depend on market situation, but I try to choose highly volatile currency pairs. For example, after the earthquake in Japan I actively traded main currency pairs with Japanese Yen: USD/JPY, GBP/JPY, EUR/JPY. Other example: I was trading pairs with EUR in July, because EURO activity was observed due to economical situation in Greece and Italy.

 

Please tell us about your impressions of participation in «999» contest.

 

The contest made a favourable impression on me. When I started my trading in “999”, I didn’t expect to be among the winners and my trading was not very active. When after 2 weeks I found myself among the first ten contestants, I became more attentive and hardly ever risked.

 

I think that the contest is competently organized. Top list is quickly updated and the results were released promptly.

 

I would like to mention, that I was surprised with the small number of participants from Russia and Ukraine, and large number of contestants from Indonesia

 

What trading strategy did you use during the contest «999»?

 

I was trying to follow the trend, but I didn’t look too far ahead. My profit in each order was 100-150 pips. And almost always lot was maximum possible. Generally I used technical analysis and simple indicators from MT4.

 

What qualities in your opinion should possess the trader to be successful in trading?

 

In my opinion, successful trader firstly must to be patient and enduring. Moreover, like everywhere, it is necessary to be hard-working and have at list a little luck.

 

What could you advise to traders-beginners?

 

Listen to nobody! Make a decision based on your own experience and wit.

 

 

 

Julianto (Third place, 111 USD)

 

Balance of her account by the end of the contest reached 97797.44 USD

3 место

 

 

 

How long are you engaged in trading? How it has turned out, that you have got acquainted with exchange trading?

 

I've been trading for more than 1 year and I would like to say that there is a big opportunity in this business.

 

What currency pair do you prefer to trade? Why?

 

I prefer EURJPY and EURUSD, they just fit my strategies.

 

Please tell about your impressions of participation in «999» contest.

 

The contest is great, very educative and challenging.

 

What trading strategy did you use during the contest «999»?

 

My trading is based on technical analysis (Elliot waves) without the use of Expert Advisors

 

What qualities in your opinion should possess the trader to be successful in trading?

 

I think that they should believe in themselves and must be disciplined with their strategy

 

What could you advise to traders-beginners?

 

I would recommend them not hurry to invest real money, but look for their own trading strategy and participate in such competitions.

 

Nice, but will be better if the winner could make a journal trading with their system. More people will be got enlightment, we can disscuss together and share together. science would be more useful if distributed

Earn 6% CASHBACK from FXB Trading

 

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Two days left

 

Reminding Predict NFP

 

We invite you to take part in analytical predictions “Predict Nonfarm Payrolls” contest .

 

It’s so simple: write your guess for the non-farm payrolls, which will be published at 12:30 GMT 05.08.11. First one to use the right number or the closest one will be the winner of the contest.

 

Duplicate entries will be disqualified.

 

Enter your guess here: http://www.facebook.com/topic.php?uid=137183862987521&topic=513

 

You may find some tips in our economic calendar: http://www.fbs.com/analytics/economic_calendar

 

Winner will receive a brand T-shirt from the brokerage company FBS.

 

Good luck!

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Reminding Predict NFP

 

We invite you to take part in analytical predictions “Predict Nonfarm Payrolls” contest .

 

It’s so simple: write your guess for the non-farm payrolls, which will be published at 12:30 GMT 05.08.11. First one to use the right number or the closest one will be the winner of the contest.

 

Duplicate entries will be disqualified.

 

Enter your guess here: http://www.facebook.com/topic.php?uid=137183862987521&topic=513

 

You may find some tips in our economic calendar: http://www.fbs.com/analytics/economic_calendar

 

Winner will receive a brand T-shirt from the brokerage company FBS.

 

Good luck!

 

Come on Traders,

is still 13 people are registered it. come on is still more chance to win it..

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Last Day for Predict NFP

 

Predict NFP

 

We invite you to take part in analytical predictions “Predict Nonfarm Payrolls” contest .

 

It’s so simple: write your guess for the non-farm payrolls, which will be published at 12:30 GMT 05.08.11. First one to use the right number or the closest one will be the winner of the contest.

 

Duplicate entries will be disqualified.

 

Enter your guess here: http://www.facebook.com/topic.php?uid=137183862987521&topic=513

 

You may find some tips in our economic calendar: http://www.fbs.com/analytics/economic_calendar

 

Winner will receive a brand T-shirt from the brokerage company FBS.

 

Good luck!

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Hi all... beware tonight there is NFP news...

 

 

Happy trading all...

 

Yup, this night NFP will realise, for me stop trade for a while :)

Markets Volatility will be hard to predict.

About NFP prediction, i confused how to predict...

 

Yes tonight NFP will realise. With the end of the contest Predictions NFP, then who wins FBS shirts huh? :)

I chose to stop trading days when the NFP.

Earn 6% CASHBACK from FXB Trading

 

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«999» Demo contest

 

http://www.fbs.com/themes/fbsnew/images/999_en.png

 

FBS invites everyone to take part in our brand new demo contest “999”.

 

Take part today and you can win:

 

1st prize – 555 USD

 

2nd prize – 333 USD

 

3rd prize – 111 USD

 

And an additional prize – free FBS Mastercard!

 

The idea of the contest is pretty straightforward: each participant gets a demo account with 9999 USD balance in it and 1:100 leverage. You can trade 28 major currency pairs and EAs are allowed.

 

3 participants with the highest deposits by the end of the contest period are announced the winners. It will be them who will withdrawable receive prizes from FBS. And the contestant with the lowest deposit will get a free FBS MasterCard.

 

We will run this contest monthly. The contest will take place during 16.08.11-16.09.11

 

Pre-registration for the contest will be open since 28.07.11 till 15.08.11.

 

Hurry up to take part and win!

 

http://www.fbs.com/contest/999

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Yes tonight NFP will realise. With the end of the contest Predictions NFP, then who wins FBS shirts huh? :)

I chose to stop trading days when the NFP.

 

Amount of previous and forecast the difference is far enough. Approximately how many results for the range of facts? The possibility of higher market movements when it release. And who will get the T-Shirt... :)

 

Good decision to stop trade in NFP bro... Thats a safe choice :)

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“Predict Nonfarm Payrolls” contest

 

USA Nonfarm Payrolls

Fact 117K

 

http://i1219.photobucket.com/albums/dd424/registerupload/2011-08-05_202436.jpg

 

Surprisingly, Corneliu Barbu again became the winner!!!!!

Congratulations!!!

We have already presented exclusive T-shirt to him, so this time he win $50 to his trading account.

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