FEATURED POSTING FROM INSTAFOREX OFFICIAL WEBPAGE

INTERVIEW:
MAKE YOUR OWN LUCK!
Another Millionaire Trader by InstaForex - Sergei Kovalenko
posted: 20130403

InstaForex has already proven itself as one of the best brokers worldwide. Numerous prizes and awards, more than a million accounts of clients from all over the world – that is the best evidence of broker's merits. Every day we diligently improve our services to make trading with InstaForex not only comfortable but also beneficial. That is why high achievements of our clients are the best award for the company.

Recently we told about an astounding success of trader millionaire Akhmad Arief who managed to earn $1,000,000 just in two weeks. And now the story repeats, but this time the Lady Luck has picked up Sergei Kovalenko from Belarus. He has not only achieved Akhmad’s record but even improved it up to $1,500,000!

The chart depicts the dynamics of Sergei’s trading balance. Since November 13, 2012 and within two weeks the trader was demonstrating a stable increase in profit. Later there were some insignificant losses and then an incredible hike in earnings during the first days of December. As of December 4, at 17:00 the balance hit $1,464,992.92 million. The rest of the month was more or less successful for Sergei but at the end of December the profit was lost.

"Prolonged and laborious work eventually helped me to successfully enter the market and take profit. Of course, I have made many mistakes, but now I have got a deeper understanding of my actions; I can rationally consider my abilities and knowledge. As the result, I have new goals!" - Sergei shares his impressions.

Unfortunately, new millionaire could not keep the victory for long and quite soon the balance started to decrease and the cherished sum of money was lost. However, Sergei is not in despair, he is analyzing his actions and is getting ready to conquer another high of $2,000,000.

"The luck is short-lived, you cannot count on it - only work, studies and understanding the market can bring good results. I have experienced that myself."

InstaForex wishes Sergei to achieve new goals. We hope that every company’s client will find the way to successful trading gaining full support from InstaForex.

Sergei's Kovalenko Interview

InstaForex: How long have you been on Forex?

Sergei: I started my way on Forex in late 2004 after hefty losses within HYIPs. By the way, I’m still studying; I keep attending various training courses, etc. Trading is not a game for me, but a job.

InstaForex: Which trading platform do you employ?

Sergei: I mostly trade using MetaTrader 4.

InstaForex: Do you pay attention to analytical reviews when trading?

Sergei: Yes, I definitely do. I actually mull over plenty of information before I decide to open a trade. All factors matter, even those related to astrology.

InstaForex: What leverage do you trade with?

Sergei: Leverage depends on the amount of your deposit. As a rule, I start with the largest leverage possible with my broker.

InstaForex: How could you explain the fact that you made a fortune with a relatively small initial deposit?

Sergei: It’s a result of a daily grind. Thanks to hard work, I managed to successfully enter the market and lock the profit in. I did make a lot of mistakes, but through time I have grown more aware, concentrated. Moreover, I have developed a sober mind, the ability to give my skills and knowledge realistic estimates. Now I’ve got new aims ahead! My nearest target is earning $2 million.

InstaForex: Which currency pairs do you prefer and why?

Sergei: I trade eight currency pairs. This quantity of currency instruments suits me best, as I have enough time to make profound analysis and build some forecasts. But I only enter the market if there’s a clear signal and the time and
date coincide for a certain pair.

InstaForex: Which indicators do you rely on?

Sergei: I’m one of the Gann masters at the online academy, so I prefer Gann methods.

InstaForex: What timeframe do you usually choose?

Sergei: Basically, I opt for H1.

InstaForex: Is this sum exactly what you had planned to earn at
the very start?

Sergei: Of course, it’s not. After I lost around $150,000 in HYIPs, my only dream was to pay the debts. But very soon, in summer of 2012, I could make as much as $450,000. And that was when I set my first aim — $1 million. I hit it in
December.

InstaForex: You made huge accomplishment indeed. How do you feel about the loss? What conclusions did you draw?

Sergei: My conclusions are as follows: mistakes are great lessons to learn; never give up and rush forwards with your head cool! As for the loss, what can I say... It frustrated me of course, but what makes me glad and proud is the fact that I DID IT!!! And I will do it again!

InstaForex: Will you go through it all again?

Sergei: No doubt, YES!

InstaForex: If you succeed once again, what will you spend the money on?

Sergei: I will dedicate it to charity. I own a house in Cyprus, and I already bought a house for my parents too. So, I don’t need anything for myself.

InstaForex: What do you think help traders to make money on Forex ― years of practical experience or luck?

Sergei: Luck is evasive; it is not worth relying on. Good results are fuelled by hard work, studying and understanding the market. This is what I realized after years of trading.

InstaForex: Do you consider your profit to be a result of hard work or just a fluke?

Sergei: I don’t mean to brag, but I think it’s the fruit of my labour.

InstaForex: What would you advise beginners to do?

Sergei: First of all, get rid of illusions like "I will become rich with $100". You really need to study the basics of the currency market and find a good teacher, an expert in trading! Jokes aside, all you need is love trading. As a financier, I’m fond of figures. This realm is my vocation. And I wish everyone to enjoy the job!

_________________________________________________________
The above original article can be found here:
https://cabinet.instaforex.com/partner/sk/news/company_news/1/3207

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FEATURED POSTING FROM INSTAFOREX OFFICIAL BLOG

INTERVIEW:

USD1,000,000 IN 2 WEEKS WITH INSTAFOREX

posted: 20121016

 

InstaForex always provides you with the latest updates on international market events as well as company’s news. Today we would like to tell you about an exceptional situation. Despite its originality, it demonstrates the unique opportunities you can get on exchange market. Recently, one of our clients Akhmad Arief made the daydream of millions of traders real. After two weeks of active trading, he managed to increase his start-up capital up to $1,000,000!

 

This story began when Akhmad opened his $1,000 trading account with InstaForex in the beginning of July. During two weeks he was trading such currency pairs as GBP/USD and EUR/USD. Nobody expected that he could become a millionaire by the middle of the month using risk strategy!

«We have never seen such trading before and will hardly see soon. Even in conversion to the working days the yield was 100% per day during 10 days in a row. The profit volume is astonishing as well as the length of such win-win and risk strategy as the client used all the money on his account for the next deal. But every time lady luck was on his side,”- Aleksey Badjyanov says, representative of the Dealing Department.

 

 

The chart shows the balance of #2065757 live trading account. Within the first two weeks of July, the account holder earned over one million US dollars with the initial deposit slightly more than one thousand US dollars. Eventually, the account balance was running $1162092.42. The second half of July appeared to be far less successful for the customer: he lost all his profit.

Having earned $1,000,000, Akhmad decided not to stop. However, Forex market is known to be very unsteady due to frequent oscillations and change of trend directions. Successful deals were followed by deals opened against the trend direction which led to profit loss.

Of course, foregone million disappointed the trader. However, Akhmad is not in despair and is already planning to win again. For him, as for many other traders, this situation was indicative of endless possibilities on exchange market which proved that one can make up a fortune out of modest capital! Nevertheless, it is important to benefit from the achieved results and also not to be affected by the astounding success.

 

Interview with Mr. Ahmad Ariff:
 

IFX: How long have you been working on Forex?
AA: About 5 years, starting from 2007 until now. Before, I used another platform with another trading system (different from MT4) that limited me to less money I could earn. Then my friend recommended me InstaForex that used MT4, so I can trade higher trading volumes.

IFX: It’s a dream of every trader. How did you manage to make fortune from such a small initial deposit?
AA: Depends on the graf (high-recommended to sell, low-recommended to buy), besides, I used Forex trading signal, RSI, PPO, stochastic, technical analysis, and future fundamental analysis.

IFX: What currency pairs have you traded?
AA: My favorite are EURUSD, GBPUSD and AUDUSD.

IFX: Why have you chosen them in particular?
AA: For me, fundamental points of these currencies are easier to read and forecast..

IFX: What leverage have you chosen for trade?
AA: I start with 1:200. And I will change this parameter if I need in the Client Cabinet. This is a very attractive feature of InstaForex.

IFX: Did you plan to earn such a huge amount when started trading?
AA: Of course, yes.

IFX: You made a dream of a million traders come true, what do you feel after losing it?
AA: Really really frustrated… I was not in front of my PC when it happened. I was engaged in outside work during that time… so I couldn’t close my open position.

IFX: Do you plan to repeat it and get a million back?
AA: Yes!

IFX: If you succeed to make a million again, what will you spend it for?
AA: Clear all my loan, buy a new house, new car, do other investment and some charity’s work.

IFX: What in your opinion helps traders earn on Forex: their skills or good luck?
AA: Skills are very important, as a trader, a lot of new traders, should learn some basics, such as indicators, patterns, technical analysis, and fundamental analysis, but good of luck not all traders get it.

IFX: Do you think your profit was a result of your hard work or just an accident?
AA: I’ve 5 years experience as a trader. It is hard to become rich with small initial deposit, but if you’ve a lot of money, let’s say USD100,000 and more, you can rapidly earn money in short term..believe it!

IFX: What will you advise the beginning traders?
AA: For new trader, please learn some basics, follow your leader, ask them why, why and why and most important is gain experience in trading.

Competent active trading and compliance with you trading strategy make it possible for every InstaForex trader to reach the most cherished objective and add a new name to the list of the most successful traders.

Good luck in trading with InstaForex!
 

The material is prepared by InstaForex PR Department with the consent of the owner of the trading account № 2065757 Akhmad Arief. In October, in the terms of ShowFx Asia in Singapore there will be a video interview with the trader which will be published on GC InstaForex resources.

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