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"Bad advice" from the winner of "Need for profit" championship

02 July 2015

Bad advice from the winner of "Need for profit" championshipDear clients!

Today we are presenting you the history about his way to the top place from Need for profit championship winner – a contestant with a telling nickname nfs4.

Please tell about your background a little. How long have you been with Forex? 

I am a programmer engineer and I'm at repair of personal computers and appliances. I've been trading for 3-4 years.

Is it the first time you take part in the contest of traders or already participated before in contests of FreshForex?

Before taking part in your contest, I participated in such a championship twice. The first time I took 7th place with another company, then I run for FreshForex contest and the last time I won it.

What was your trading strategy in the contest?

It is my own trading strategy. As previous records showed, it is not final yet. I can use various time frames with it catching trend's reversals and pipsing on small time frames. There is a good Take Profit in it but Stop Loss is an issue, but it is common for all of them.

Can you give our trades some tips? In your opinion, what strategy can lead to loss of deposit?

"Bad advice": trade following your intuition, don't check with news calendar. Trade once you wake up and till late time of a day. Trading based on intuition, no Stop Loss, no strategy, no control of loss can lead to a loss.

Why did you choose FreshForex as your broker?

Because trades are immediately processed and you can always contact the company: support will tell you everything and call you personally. Withdrawal only takes 5 minutes and name FreshForex also attracts me. The people working there keep up with high professional standards in solving any issues.

We thank the winner for his interview and remind that every trade can get on the pages of our column. Stay tuned and follow Forexpress digest, take part in our contests and we will interview you !

Wish you good luck in trading!
"FreshForex" – fresh view on money

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