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The third place of the Race For Profit: fortune or true forecast?

30 November 2015

The third place of the Race For Profit: fortune or true forecast?Dear Clients,

The bronze medal of the competition "Race For Profit: Tour 2" went to the trader Lionscrew hard. What the difficulties did he face to?

What do you do and how long have you been trading on Forex?

50/50 I spend my time working and trading. I'm a freelancer, so it's no problem for me. Forex trading is a recent activity.

What was your strategy for trading on the competition?

I traded the EURUSD and the USDJPY. My third place is just luck. At the very beginning, I almost lost a deposit during active movement of the EURUSD at the close of the market on the 13th. Nevertheless, I was able to cope with the drawdown. Then the price turned and moved down as I had expected. This allowed me at the start to double my deposit. Once I almost lost my money, so I decided to trade more careful. However, even after that I managed to earn only about 30% relative to the initial deposit.

In your opinion, what is more important on Forex: luck or true forecast?

In my case, it was my true forecast let good fortune be. Luck may work a couple of times, and the rest of the time it is not necessary to rely on it. If there is a luck, it is good, if there is not — we should move on, monitor the news, build charts and analyze indicators.

Why did you choose FreshForex as your broker?

I have read reviews on forums, and then I walked through brokers. I chose the favorite one. Wish something to our investors. Based on my experience, I cannot wish you luck. And I wish true forecasts to everyone. You live and learn: learn to be able to make true forecasts! Congratulations to the trader Lionscrew with the 3rd place and thank him for the participation and answers.

New Year is coming, and we are preparing for you a competition with real prizes. Watch our news on our website or in the RSS-feed, do not miss the chance to make a great gift for yourself!

Good luck in trading!
FreshForex - fresh view on money

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