FXOpen: “Could you please tell us a few words about yourself?”

Winner: “My name is Changhang Peng. I come from the Chinese city of Xiamen. I am married and have a family. I run my personal business.”

FXOpen: “Could you please describe your “way in Forex” i.e., how you began, developed your trading skills, made your first profitable trade, etc.?”

Winner: “I can’t say I have any special way in Forex. One day, I just thought why not try entering the market’ and I’ve become a part of the Forex community since then. I moved on, chose a single broker to work with – that was FXOpen – and focused on developing my skills further. I do remember my first trade: I picked the EUR/USD as a financial instrument for it.”

FXOpen: “How did you learn about the ForexCup competitions? Have you ever participated in contests organized by other brokers?”

Winner: “I came across ForexCup in one of my favorite forums. I’d never entered any Forex contest before so I decided to give it a shot.”
 
 FXOpen: “What distinguishes ForexCup from other competitions in your opinion?”

Winner: “From my point of view, ForexCup holds excellent trading contests. They are almost perfect. The project’s website is a little bit slow at times but in general, I like it a lot.”

FXOpen: “This Championship was one of the biggest events in ForexCup history. What made you join this particular competition?”

Winner: “The answer is easy: I just wanted to try, nothing else. I joined the Championship without any hesitation. At the end of the tournament, I was really proud of myself.”

FXOpen: “How did you make your trading decisions? Were they informed, risk averse, or did your actively pursue risk?”

Winner: “Most of my trading decisions were carefully considered and weighed. I analyze lots of different factors.”

FXOpen: “What are your favorite trading instruments?"

Winner: “During the Championship, I preferred NZD pairs. Honestly speaking, I use them in most of my trades.”

FXOpen: “Did you have any particular strategy at the beginning of the contest? Or, were your steps based on the current market situation?”

Winner: “Yes, I’ve worked out my personal strategy before the contest and followed it every time.”

FXOpen: “You have been awarded with a PAMM ECN account with a healthy deposit. Are you satisfied with this type of reward, or would you rather prefer prize money?”

Winner: “Honestly speaking, I would take “live” money.”

FXOpen: “Do you have any plans on how you will manage your PAMM ECN account?”

Winner: “At the moment, I’m trying to get some information about it. First, knowledge; then decisions.”

FXOpen: “Will you participate in Forex contests again, following this exceptional performance?”

Winner: “Yes, sure! I’m going to participate again and again. It’s a great way to develop my trading skills.”

FXOpen: “What advice can you give to beginners and those who are planning to join ForexCup contests?”

Winner: “Practice, practice, and again – practice! As soon as you improve your trading skills, you will become a success!”

The 2014 Best Asian Trader has once again proven that a passion to win is a key to great achievements. FXOpen would like to congratulate all of the participants and wish them every success in their future trading!

Follow the discussion on FXOpen Forum.

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