The winner of the 68th round of Future Trade is Zyaki Siafetdinov from Kazan, Russia. In this interview he told Grand Capital how his education in math influenced his trading success and why he’s been trading with us for a long time.
1. Tell us a little about yourself. How old are you? What do you do? What are your hobbies?
I’m 58. I’m a private security guard and my schedule is very convenient, 24-hours work day followed by 3 days-off. This means I have lots of free time and I can spend it on something I’m interested in.
2. How and why did you become a trader? How long have you been trading?
I was first introduced to trading in 2010, but did not start doing it in earnest until 2012. I’ve been a client of Grand Capital since 2011.
I studied math, so I really like making charts and doing technical analysis to predict price movements on various timeframes.
3. What do you like about being a trader?
Trading is a very prestigious occupation, but it takes a whole lifetime to master. The market always has some surprises in store, you must be ready for them.
4. Tell us about your most memorable trade?
It was cross currency trade involving the GBP. I didn’t close it in the end of the week, and on Monday it was executed with a 120 pip gap, 4 symbols in my favor. Imagine my surprise when I saw $1,200 on my account! I was over the moon.
5. How did you learn trading? What difficulties did you encounter?
I learned trading by myself, nowadays there are piles of literature available for free and video lessons on the subject. In addition to that, when I was just starting out, I took paid Forex trading courses that focused on channel strategies a lot. I still use the knowledge I got there in trading.
6. What CFD instruments do you prefer?
I like trading Brent oil most of all, though its chart is often fickle.
7. Tell us about your strategies. What’s the most successful?
My trading strategy is based on the lines of support and resistance on the D1 timeframe. A trade is opened when this line is breached and the direction of the price movement is confirmed. 1-2 trades are opened in a day. I started using it about two years ago and I’m still polishing it. The strategy proves itself successful if you know how to use oscillators and indicators.
8. What do you consider when choosing a broker?
When choosing a broker, I pay attention to how their trading platform works, how fast trades are executed, their spread, diversity and quantity of instruments they offer. Besides, a client support chat where you can ask a question and get a prompt answer is important. Grand Capital meets all these requirements.
9. Why did you choose a contest for futures trading?
I’ve been meaning to take the main prize in this contest for quite some time. Traders from all over the world participate in it, and I wanted to test myself and my trading system. I think it went well.
10. Share your impressions from this contest? What helped you win?
The contest itself was pretty intense, every day I had to choose an instrument that would yield decent result, perform technical analysis, follow the news and not let myself despair when trades didn’t work out. In the end, I managed it.
11. What do you like about Grand Capital contests? What can be improved?
There are contests to fit every taste at Grand Capital. I remember participating in Drag Trade back in 2012 and taking 2nd and 3rd places. Very exciting contest. I think all top three places should receive reward. Also, it would be nice to see the results posted on the forum.
12. What’s your advice for beginners?
I can only recommend to study more, search for your strategy and test it, read forums and watch video lessons. If you’re doing it with passion and interest, you will definitely see the result.