Svyatoslav showed excellent account and risk management
skills in July 2015 and got the prize $1,000!
Read Svyatoslav’s interview and see his account statement
to make your own success story
For how long have you been trading?
I started trading on financial markets on 2008. I started with stocks and had a success. It was a total surprise to me. I wanted more and moved on to futures contracts. Futures market is very vast and risky, so I lost everything within several days. After that I moved on to Forex. It took several years and some losses to understand how to trade.
What instruments do you prefer to trade and why?
In my trading I use one-hour timeframe. I closely watch major and commodity pairs like AUD & CAD.
What schedule (trading hours) do you have for your trading?
Mainly I trade during European session sometimes also during NY session.
Did you receive personal training from other traders or did you mainly educate yourself on your own?
Yes, I had several training courses, but it is a waste of time if you compare it to real market experience, which is the best teacher, but it’s also the most expensive one.
What do you consider the best type of education for a trader?
Trading on real market.
Do you create your own strategies or use the ones that already exist? Can you briefly describe your strategy?
I use my own strategy and I also modify the existing ones. In both ways my personal experience makes some modifications to every strategy.
What is the most important quality a trader should have?
Forex teaches us a lot, especially to be patient, be able to wait and show less emotions. Forex also calms down our greed. These are the most important abilities for a trader
How do you deal with losses, does it have an emotional impact on you?
Of course I have losses, it’s impossible to trade without them. Sure it makes me sad, but I try to think that losing a couple of battles is inevitable, the most important thing is to win the whole war. It helps me to get profit in my next trades.
Are you satisfied with our service and is there anything we can improve?
Although I’m really satisfied with your company, there are some things I’d like to suggest:
- Remove withdrawal commissions
- Make possible to easily convert deposit currency into another currency (Russian Rouble, for example) with a favourable inner quote. You could earn on such transactions.