Company news / Interview with the 2014 Asian Forex Championship Winner

Interview with the 2014 Asian Forex Championship Winner

The FXOpen Team

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.

Best regards,
 FXOpen NZ Limited
 Customer Service
 E-mail: [email protected]
 FXOpen Live Chat (24/5)

Latest from Company news

Trading Hours Schedule for the National Day and Double Ninth Festival in Hong Kong New Forex Pairs Added: EUR/ZAR and USD/ZAR Now Available for Trading Change of Trading Hours for France 40 Index Trading Hours Schedule for the US Labour Day Trading Hours Schedule for the UK Summer Bank Holiday

Related articles

Trading Hours Schedule for the National Day and Double Ninth Festival in Hong Kong
Company news

Trading Hours Schedule for the National Day and Double Ninth Festival in Hong Kong

Dear Traders,

Due to the National Day and Double Ninth Festival in Hong Kong, you will experience the following changes in the trading hours schedule (all times are GMT+3):

Tuesday, 1st October

Indices CFD:

  • #HSI - trading closed.

HK

New Forex Pairs Added: EUR/ZAR and USD/ZAR Now Available for Trading
Company news

New Forex Pairs Added: EUR/ZAR and USD/ZAR Now Available for Trading


Due to increased client demand, FXOpen is delighted to announce the addition of two new forex pairs to our growing list of markets: EUR/ZAR (Euro/South African Rand) and USD/ZAR (US Dollar/South African Rand). We are committed

Change of Trading Hours for France 40 Index
Company news

Change of Trading Hours for France 40 Index

Dear Traders,
Please find our updated trading schedule on Friday, 6th September, and Monday, 9th September, 2024 (all times are GMT+3):

Friday, September 6

Indices CFD:

  • #FCHI (France 40) - trading until 19:30.

Monday, September 9

Indices CFD: