Posts Tagged ‘Lucky Trader’

14.02.2011 Post in Interview

About a thousand of traders take part in the “Lucky Trader” contest arranged by InstaForex Company each month. However, not all of them manage to achieve the desired results. Yet, there are the ones who does succeed. So, today we are happy to introduce you the winner of a January step of Lucky Trader. His name is Ibrahim Shibab. In our interview we made an attempt to reveal the secret of success in trading tournaments.

Ibrahim-ShihabIFX: How long have you been working on Forex market? What attracted you in the profession of trader?
IS: I have been on this market for about 3 years. It is attractive as you witness imressively high changes for minutes. And besides, you operate with big amounts.

IFX: Do you ever feel scared? How do you handle your emotions?
IS:
Certainly, everyone on this market feels scared. But I can handle the emotions thanks to a good EA. So no human emotions are involved.

IFX: How did you get to know about InstaForex Company and what prompted you to take part in the Lucky Trader Contest?
IS:
I know InstaForex Company for over 2 years and I trade with it as it offers reliable, fast servers and an opportunity to join the contests.

IFX: How soon did you manage to reach the top? Is it your first victory in an InstaForex contest?
IS:
This is the second time i has won the Lucky Trader contest.

IFX: What is the secret of success on the currency market?
IS:
I think the secret of success on this market is controlling your feelings and preventing fear from affecting the way you open and close your positions.

IFX: Could you, please, tell us more about your winning strategy?
IS:
I mostly use EA in my scalping. I  rely on the moving average.

IFX: What are the main things which are worth paying attention to by the beginning traders?
IS:
I would recommend more training, before starting to trade on the real market.

IFX: Thank you for taking part! We wish you the same grand victories in future!

Added by Alexandra Melyukhova,
InstaForex
PR-manager