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The risky strategy of the 2nd winner of the contest "Snow Ride 2016"

30 December 2015

The risky strategy of the 2nd winner of the contest "Snow Ride 2016"Dear Clients

"Bronze medal" of our competition "Snow Ride 2016" went to the trader Colour. The winner received his well-deserved $200 by cash and congratulations from FreshForex!

What do you do and how long are you trading on Forex?

I am a student studying the economic field. Trading in the currency market is not only my way to earn but also the topic of my diploma. I has always been interested in this topic, entered the university I decided to go in that direction, studying the market and trading on it.

What was your trading strategy in the competition?

I traded with EURUSD, AUDUSD, #DAX30, #BRENT. Basic earnings obtained by #DAX30, #BRENT. I increased funds on my account and opened transaction increasing the volume and reinvesting my profit. By the last deal I managed to get more than 150% of the initial deposit due to the timely sale of oil.

How did you spend your prize?

I didn't plan to spend it — I plan to use the prize to make even more profit. As the saying tells, "Challenge excepted!".

What strategy do you use in your trading out of the competition?

I have been trading on the news. Carefully study the calendar of events before trading, look where the big news is coming, and put "Stops" before.

Why did you choose FreshForex as your broker?

Before having chosen a broker, I surfed forums, looking for feedbacks and some additional information about brokers. In my personal ranking of brokers — FreshForex ranked first.

We thank the trader Colour for participation and answers!

We would like to mention that all the participants in the top three winners traded with EURUSD and #DAX30, skillfully combining trading on the most popular currency pair and profitable contract on difference.

These and other currency pairs and contracts on assets with high price volatility and wide trade opportunities can be found in the "Contract specification for CFD".

Good luck in trading!
FreshForex - fresh view on money!

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