OctaFX Champion Demo Contest, Round 86: time to test your abilities
Round 86 of our Demo Contest is over, so it’s time to announce the winners.
Сongratulations to the champions of this round on their outstanding performance.
- 1st place and the award of 500 USD goes to Koko Koeha Ruzaman from Indonesia.
- 2nd place and the award of 300 USD goes to Rahmadhi Pamungkas from Indonesia.
- 3rd place and the award of 100 USD goes to Sanusi Mamat from Malaysia.
- The runner-up Willy Nugroho Trisula from Indonesia receives the prize of 100 USD.
This month’s top performers shared with us their thoughts on the contest and revealed their strategies and secrets.
Koko Koeha Ruzaman, 1st place
‘I’m really glad to become a champion this month. I took my time trading and didn’t spend a lot of it on the contest, since I think that the ability to wait for the right moment for entering the market are key factors of success. The winning strategy that worked for me is conducting a fundamental analysis and monitoring news closely. I would like to try the candle technique in the future.
The toughest part of it was losing quite a big amount during the Brexit news, but the most prominent point was gaining 12,800%.
I’m eager to participate in more contests. I’m looking forward to them.
I believe one year of trading experience can lead you to great results.’
Rahmadhi Pamungkas, 2nd place
‘I’m happy to take the second place in the contest as I saw it as a way to test my abilities of working with trading accounts.
I only looked for opportunities in TF H4 on the Supply and Demand conditions that are formed and looked for a confirmation candle for a reversal. I opened orders manually but I did not spend all day watching the chart: about an hour or two I was looking for opportunities to enter the market.
For the NZDJPY and NZDUSD, my overall profit reached $80.000, and even with a significant amount of loss this profit was more than enough.
I really can't say I'm a good trader because I consider myself just a beginner. I am still learning, I’ve just started to be consistent in trading in January 2019. Patience is the key even if you have the best strategy.’
Sanusi Mamat, 3rd place
‘It is my first time becoming a champion. I committed a lot of time to trading. Most of which I was studying the charts trying to enter the market at the right time.
I struggled with it a bit, but then I found a way that worked for me: I focus on one currency pair and study it thoroughly. Candlestick pattern, as well as support and resistance, were the main points I focused on in my trading.
It took me about 3 years to become a good trader and I’m planning to learn more. I would like to take part in more contests next time.’
The runner-up, Nugroho Trisula
‘I would really like to improve and become the first next time. What I’ve learnt is that money management is really important.’
We congratulate our champions one more time!
Important! Starting from the next round, the last place won’t be rewarded with a prize. Instead, we will give rewards to the 4th place—$60, and to the 5th place—$40.
Want to participate and win?
Don’t miss your chance to become our next feature in the winners’ announcement and register for the next round of OctaFX Champion Demo Contest now.