We are glad to present an interview with the winner of the first round of $2000 Sprint which took place in September. Vladimir Volkov from Orenburg shared his trading strategy which brought him $2000.
Vladimir, we would like to congratulate you again and thank you for agreeing to share your experience with us. I think we all want to know one thing - is your victory just your luck or a well-thought trading strategy?
-Actually, I decided to participate relying on my luck and did not really expect to win the thing because I traded like I usually do. I decided to increase my trading volumes only when I noticed myself on the top of the rating. So I wouldn’t call it a well-thought winning strategy. I think that it’s just that my normal trading strategy was better than what other participants used.
Can you describe your trading strategy?
-Sure, - I usually employ martingale strategy which is based on tech signals I create myself by using wave analysis on small periods (5, 15, 30 min). Martingale gives me volumes and wave analysis tells me when it is better to enter and exit the market.
Which trading instruments do you prefer and why?
-I mainly trade GBPJPY and GBPCHF and also a couple of CFDs.
- Tell us more about yourself. When and why did you decide to become a trader?
-I’ve been trading on Forex since 2008. I had just finished the University and was searching for a job, so I had some free time. I decided to try Forex trading as it was very popular back then cause of the world’s financial crisis. I thought: if everybody is doing that, why not at least try? I opened a demo account, started to watch webinars, reading trading forums – was educating myself. When I realized that I am doing quite well with the demo, I opened a real account with my first deposit of $200. I then traded for about a month with no actual success and decided to drop it. But after some time I decided to come back, so here I am.
What was you first strategy and instruments?
-I started with EURUSD, like everyone I guess and tried scalping, but very soon realized that such non-stop strategy is not for me, so I shifted to day trading. Then I started to study wave analysis and it gave me deep understanding of the market and how and why the prices are changing.
Why do you trade with Grand Capital?
-I like the trading conditions and instruments range here. I have been with GC for quite a long time and almost never had an issue with your guys. The issues that I had were resolved very fast which is a very good sign.
We are planning to launch the second round of the contest in October. What would you say to future participants?
-First of all, do not change you risk management strategy trying to win in any contest. This is the main rule, I think. Secondly, the contest doesn’t require more than just having a Standard account. If you have one, just register your account in the contest and start trading like you usually do. May be, it will be your strategy that will bring you a victory.
