We’ve been noticing lately that our traders tend more and more to study online. Social media and YouTube are surpassing classroom education in popularity. Our most recent contest winners shared their experience of learning Forex trading. Learn about this and much more from our new interview round-up.
Ahmed Mohamed Eltayeb, Saudi Arabia, winner of 239th round of Rally Trade, received a no-deposit bonus of $500
My name is Mohamed Eltayeb, I’m 33 and I started trading in 2013. My goal isn’t unlike that of the majority of traders — to become rich and successful. I’m constantly practicing and learning, and it helps me with anxiety when trading. I chose Grand Capital because this company offers nice conditions and doesn’t scam its clients. My advice for all beginners is to learn new trading strategies, adhere to them and carefully follow changes of the instrument’s price.
Muhammad Tariq, Pakistan, winner of 72nd round of Future Trade, received a no-deposit bonus of $1,000
I’m 30, I’m from Pakistan, and I’m an electrician. My interests essentially boil down to my profession and getting very good at it. Trading is also a hobby. I’ve been reading up on it a lot on social media, and when I felt like I knew enough, I started trading, while continuing to watch educational videos online. My most successful trade involved FDAX index, thanks to which I managed to win this contest, while the least successful trade was with USD/ZAR. In trading I use technical analysis, trend lines and trade on daily and weekly charts.
I was introduced to Grand Capital thanks to word of mouth — a friend told me you had fast execution, and I wanted to try a trading contest to see for myself. He was not wrong!
It’s difficult for me to give advice to beginners since I’ve not been in Forex that long myself, but I can say that you have to spend enough time on trading and choose long-term strategies to succeed.
Zouhaier Albouchi, winner of 458th round of Drag Trade, received real $200
- Trading experience: 3 years
- Preferred instruments: EUR/USD, GBP/USD, USD/ZAR
- Trading strategies: Fibonacci Retracements, Stochastic Oscillator, Moving Averages.
I’m 40 and I work in agriculture, Forex trading is my hobby. I want to earn extra income trading to secure a decent living. My most successful trade was the one which won this contest — it allowed me to earn both money and experience. To get rid of anxiety when trading, I carefully choose an entry point, and patiently wait watch the market’s behavior. A broker has to inspire confidence, that’s why I chose Grand Capital. I like participating in Grand Capital contests because I can test my strategies. This wasn’t an easy round, I couldn’t wait for the results to learn who would come first. I recommend practicing on demo accounts and in demo contests.