About the winner
I am 36 years old and a lone-raising father of my 6-year-old sunshine. The deep desire to create independence for myself and being able to make money without spending all my time away from my little son were the reasons what brought me to the world of investments as long as 7 years ago.
As a new trader without the knowledge, I run demo as well as live accounts through trial and error. During that time I had a few shining moments but at the end, I gambled away every account. So I decided to study books and to follow some mentors. During this journey, I found my passion for day-trading. I learned some solid strategies to maximize gains and minimize losses which I now try to implement into my live-trading-routine avoiding the psychological traps.
Lately, I opened an account at TMS, one upcoming broker with reliable and user-friendly trading platform and the demo contest. By hitting the golden momentum in my trades I am happy I made it to the top of the contest!
I found TMS on the one of websites dedicated to traders. The reason I opened an account was that I liked their offer. After that I found about TMS TradeMasters contest.
What have been your assets during the contest?
During the entire contest I mainly focused my trades on commodities, especially on gold.
What trading strategy did you follow during the contest?
In TMS TradeMasters contest I followed a combination of momentum strategy with trade and hold and scaling in the trend direction.
Did you expect to get this result?
After I signed up lately at the 10th of July I was convinced that I can only reach the top 10 with a risky approach. But I didn’t expect to win the contest that time.
In which platforms have you been operating before this contest? What´s your opinion about TMS Europe?
Before the contest I used the etoro and igmarkets platforms. What I like at TMS is the user-friendly platform, variety of financial instruments and their approach towards customers.
Do you often use technical analysis? Which are the indicators/ methods that you usually work with?
I am a technical trader. The less is more I like clean charts with some trendlines, SMA and oscilator.
Do you find psychology important in trading?
Mastering fear and greed is one of the main goal in real account professional trading.
What has been the experience of this contest? Would you recommend it to other traders?
It was an exciting experience for me and I would recommend it to every trader.
How did you start your adventure with trading?
As a new trader without the knowledge, I run demo as well as live accounts through trial and error. During that time I had a few shining moments but at the end, I gambled away every account. So I decided to study books and to follow some mentors. During this journey, I found my passion for day-trading.
Did you take part in demo contests before?
At the beginning of my trading adventure I took part in such contest organised by another broker.
During the 4 weeks of competition what was, the most difficult moment for you?
The moment I’ll remember for a long time is the one I noticed biggest loss on my gold trades of about 50k.
What was your strategy? In other words, how did you manage to make a return rate of almost 420%?
I mainly followed three strategies: momentum-breakout, buy and hold and scaling in.
What can you advise to someone who is just entering the world of trading?
My first advises are finding one mentor to follow, trading in demo environment, study lectures and join trading contests!
TMS Trade Masters was a free competition that started on June 26th 2017 and lasted almost to the end of July. The grand prize in the competition was a luxurious Omega Globemaster watch worth 6 000 EUR. The next 10 best scores were awarded with € 250 cash each.