IRMA Anisa from Indonesia is an experienced yet very humble trader, here’s what she had to say about her trading experience with OctaFX.
What in your opinion is the most significant advantage of trading with OctaFX?
I get lots of profits during trading with OctaFX. I get the best spreads, stable connections, and the deposit and withdrawal process is fast enough using the local bank of my choice. And of course, the trading atmosphere that makes me gain profit in the market consistently.
How do you measure your success in trading?
Personally, I still do not feel entirely successful in trading, because sometimes I still make small mistakes that make me lose, but for, me someone who is successful in trading is a person who is able to get consistent profit, so that through trading they can meet all the needs of their life.
What influences your decisions while trading?
Many things influence my decision to open a position. For example, fundamental or technical analysis. I always use some ways of view to determine trends in the market. There are some indicators that I use to help me do the analysis. I also really like Fibonacci numbers. For me, many ways to do the most essential trading are according to my own criteria.
Has Forex trading changed your life in any way?
Speaking of the market wizards, some of them received their letters from Hogwarts pretty late. Bruce Kovner didn’t make his first trade until 1977 when he was 32 years old. However, in 1982 he founded Caxton Alternative Management transforming it into one of the world’s most successful hedge funds with more than $14 billion in assets.
That is for sure. Before I trade my financial ability was not like today, but after I started trading and started to gain profit, my financial capacity has increased. I always feel that trading is not just a job but also a science that I can pass onto my children.
Would you recommend OctaFX to other traders?
Of course, I would highly recommend it. Especially to my colleagues, friends and family who have just started trading, and to those who have been trading for a long time. Just because trading with OctaFX will facilitate all of us in getting consistent profit.
Efstathios Doufekas from Greece is an enthusiastic and experienced trader who says that OctaFX’s “spreads are usually very good and the execution is as fast as thunder’’. Here’s what he told us about his experience when trading with OctaFX.
What in your opinion is the greatest advantage of trading with OctaFX?
I firmly believe that the most considerable advantages of trading with OctaFX, apart from excellent execution, are the speed of withdrawals (really the fastest I have ever seen in the Forex trading industry) and the real negative balance protection which OctaFX offers to its clients, making them feel safe.
How do you measure your success in trading?
I measure the success of my trades mainly with the ratio of Return on Investment within a specific time frame. For example, gaining a sum three times bigger than your initial investment (300% ROI) in a few months is a big success. Of course, there will also be some bad trades, and another victory is, to wisely manage your account under challenging circumstances.
What influences your decisions while trading?
I usually try to take advantage of the fundamental factors which affect the market. Central bank decisions for the rates or elections for new governments are some examples that could cause significant volatility to the prices. My choices are mainly taken based on which event or trade has the potential for the most significant ROI.
For example, the ''BUY the rumours, then SELL the facts'' technique around critical events is very familiar to me.
I rarely base my decisions on daily technical analysis because I have experienced that the potential for big gains is much smaller and the possibility for losses is great, as the support levels can easily break in a blink of an eye when there are fundamental reasons. In my humble opinion, markets cannot be forecast as easily as the technical analysts want us to believe.
Has Forex trading changed your life in any way?
Of course, trading has changed my life: apart from the economic profits, I read a lot more than I did in the past! I am always interested in what is going on worldwide, from the political scene of each country and their central bankers’ decisions to the physical phenomenon which could affect the prices of some commodities, or specific company news. I must confess that I have found myself enjoying the fact that I am informed about so many things!
Would you recommend OctaFX to other traders?
I would blindly recommend OctaFX to other traders! Really, OctaFX is trustworthy Forex broker, something scarce to find nowadays. Trust is the most precious characteristic that a trader should take into consideration when he is choosing a Forex broker. I’ve never had a single issue when trading with OctaFX, and I can honestly say that there is no other broker out there offering such fast withdrawals, on the very same day.
