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    FBS

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    It is simple to become a Forex professional!

    Our new demo-contest «FBS Pro» was recently over.  We asked happy winners of the contest to share their impressions on the contest, as well as their secrets of Forex success.

    Sun Haicheng, China
    1 place

    How long are you engaged in trading? How has it turned out that you have got acquainted with exchange trading?
    I started my trading in March 2012 after my friend advised me to try it. He told me about Forex. I liked the fact that it is open 24 hours a day. So I decided to learn more about exchange trading. 

    What currency pair do you prefer to trade? Why?
    My expert advisor processes my trading with 8 currency pairs, for example: USDCHF, GBPJPY, EURUSD and other.

    Please tell us about your impressions of participation in «FBS Pro» contest.
    During the contests I followed the participants rating very thoroughly.  There were so many traders from all over the globe and everybody wanted to win. That is why I tried to control my competitors’ balance changes and did my best to guess their trading strategies. It was extremely interesting.

    What trading strategy did you use during the contest «FBS Pro»?
    I used my regular expert advisor. I also use it in my real trading.

    What qualities should a trader possess to be successful in trading?
    I think it is very important not to step aside from your planned trading strategy. Don’t be disappointed about your losses.  

    What advice could you give to beginners?
    First of all, don’t start your trading without studying the theory. Secondly, I would not recommend trading on a short-term chart, because everything might change very fast and you won’t be able to estimate the situation and react correctly.  You’d better use 1H, 4H for trading, because you will have enough time to think and find the right decision on what is needed to get profit.  Thirdly, I would not recommend feeling upset about your losses. The more losses you have, the more fear and less faith in success you have.

    Asanka Amarasigha, Sri Lanka
    2 place


    How long are you engaged in trading? How has it turned out that you have got acquainted with exchange trading?
    I have been trading for 2 years

    What currency pair do you prefer to trade? Why?
    EUR/JPY is the most powerful pair 

    Please tell us about your impressions of participation in «FBS Pro» contest.
    I was happy to participate in “FBS Pro” Contest. I really think that I significantly improved my knowledge during contest. 

    What trading strategy did you use during the contest «FBS Pro»?
    I used chart candle strategy and news.

    What qualities should a trader possess to be successful in trading?
    I don’t know about the qualities, but I am sure that it is very important to follow global market news and analyze their impact on currency pairs. 

    What advice could you give to beginners?
    Don’t risk, trade with small volume and increase your balance.

    Liu Li, China
    3 place


    How long are you engaged in trading? How has it turned out that you have got acquainted with exchange trading?
    Once in 2010 I saw some advertising about Forex in the Internet. I remember there was a promotion that seemed very interesting for me.  I decided to learn more about foreign exchange, read many professional literature, participated in demo contests and then started to trade real. 

    What currency pair do you prefer to trade? Why?
    I don’t give preference to any particular currency pair, I trade with many of them.

    Please tell us about your impressions of participation in «FBS Pro» contest.
    I trade with FBS for a long time. When I knew about “FBS Pro” Demo Contest I decided that that was a good chance. I wish you knew how exciting it is to find myself among the 5 leaders. I checked the changes on the contestants rating all the time. As soon as I woke up on Saturday morning I checked the rating and realized that I am the third place winner, I felt an immense relief and the joy of victory.  

    What trading strategy did you use during the contest «FBS Pro»?
    I use МН1 in order to analyze trends, H4 - in order to watch the market time. Also it is very important to control your positions, and also I would not recommend setting Stop Loss. 

    What qualities should a trader possess to be successful in trading?
    The more you are trying to win, the more chances to lose your money you have.

    What advice could you give to beginners?
    Control your positions, control your positions, and control your positions.


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