FXDrive Contest 2nd Round Winner Interview
| * Past performance is not indicate of future results. |
| Chinese traders continue to dominate in the FXDrive contest. The winner of the second round was Mr. Cao Baolin, a thirty year old trader from the beautiful resort island of Hainan, China. From November 8th to November 13th he managed to turn $1000 into $26,343.51, thus beating the 1st round record and showing ROI of 2,630%. Mr. Cao has agreed to share his impressions about the FXDrive contest in the profile below and even agreed to publish his trading report that brought him to victory and earned him $3000 of real money. |
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| Total amount $26,343 |
| Location: Haikoi city, Hainan, China Occupation: tour-guide Hobby: Travelling Experience in Forex: almost 3 years |
| Forex Club: What were the main factors that contributed to your success? Cao Baoling: The market is like a battlefield. You quick to conquer your enemy and you must do it with confidence. FC: What did you think about the ExpressFX trading platform? CB: I think it’s very quick to operate, easy to learn and fun to trade with. When you combine all of those factors, the long hours of watching the charts and waiting for the right moment a lot less stressful. FC: Do you plan on participating in the following rounds of the FXDrive contest? CB: Unfortunately not. December is the high season in Hainan, so I will be very busy. FC: And finally, what the other traders have been waiting for; could you give us any words of advice? CB: Know your game-plan before you step into a trade. Do your homework in fundamental analysis. Know what strategy to choose: watch out for the change in interest rates and use hedging models. I suggest waiting until price reaches its peak. The best time to make money is when it starts to rebound. Sell high, buy low. Click Here to View Cao Baolin's Trading Report |
- 18 November |
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