Big monthly contest “FX Market Masters July” was held in the previous month. More than 960 traders participated in it. And the winner named Dao Viet Cuong managed to show the best result – he increased his deposit by 661% (from $5000 to $38094) and became a manager of PAMM ECN account registered with FXOpen.
We were lucky to ask the winner a few questions after the contest ended. Read his interview below:
Could you please tell us a few words about yourself: how old are you, what do you do for a living and how do you spend your free-time?
I’m 35 years old and I have a work, where I earn money for a living. In my free time I often read articles and documents which are related to Forex (in order to improve my skills) and I trade, of course.
How long ago have you started trading at the Forex market?
I started trading at Forex about five years ago.
How much time has it taken to develop your own strategy? What does it consist of (if it’s not a secret)?
I have worked on my strategy for 4 years and now it mainly consists of RSI, Storchatic, MA and MACD.
What is a particular interest for you to trade at such an unusual market?
The most interesting thing here for me is a trend of trading.
Do you take a risk while trading or you usually make only deliberated decisions?
I should say that sometimes I do make some risky decisions, it depends on a particular situation.
How did you get to know about Forex contests?
One of my friends has showed me the ability to participate in your contests.
What was your reaction to your victory? Did you anticipate it or it was an unexpected thing for you?
I was really happy about my victory. Actually, I have tried really hard to get it.
Are you going to participate in other ForexCup competitions?
Of course, I do! I’m sure I will become a winner again and again.
What is your universal advice for those, who are just going to participate in Forex contests?
You should believe in yourself.
So, you see that systematic work and belief in yourself can lead to a victory.
We wish the winner and all other traders good luck and invite everybody to participate in new ForexCup competitions!