Reliable traders can come from anywhere, from institutional traders to winners of forex trading contests. The trading competition champions are people who can take advantage of every opportunity well. No matter what the background, from a true economist, a reliable financial analyst, to a veterinarian, they can be a winner because they apply forex trading lessons to the maximum when participating in a contest.
If you are a trader who likes to take part in trading contests, these 5 figures can be your inspiration. Pay attention to how they face pressure on the world of trading, the strategies used, and the unique facts they
Larry Williams
Have you ever heard of the William% R indicator? This one indicator is relatively easy to follow and can be used in the Metatrader platform. Who would have thought, the creator was a trading contest winner with a brilliant achievement score.
He is Larry Williams, father of famous actress Michelle Williams. The man who has been in the trading world since the early 1960s started his career in the stock market. Seeing the huge potential of commodity trading, Williams did not stay silent and immediately entered the market. It is the experience of trading for decades that makes it successful as it is now. By combining technical and fundamental analysis in its trading activities, William calls himself a contextual trader. The flagship technique is to pay attention to the buying sentiment in the market.
Williams's greatest success was when he won a trading contest on Robbins World Cup Trading Championship (hosted by Robbins Trading Company). In the contest, Larry managed to develop an initial capital of USD10,000 to USD1,100,000 within 12 months. The achievement of profit up to 10900% is an amazing and unrivaled thing at that time.
Before becoming a trader, Williams was a marathon athlete and found that there were significant similarities between the two things he was involved in, namely the matter of practicing and how to deal with difficulties.
Williams stated: "When you run a marathon, there will always be difficult routes that you don't like. You might even feel like you're in hell when you pass that route, but you must be able to keep moving forward."

Williams stated: "When you run a marathon, there will always be difficult routes that you don't like. You might even feel like you're in hell when you pass that route, but you must be able to keep moving forward."
In addition, Larry Williams also reminded of the importance of 'resting' after Loss. This gives time for him to evaluate the errors that occur. For beginner traders, Williams advised not to be emotional in trading, provide enough time and funds to study and practice. Because like running a marathon, what is sought in trading is long-term success.
Marty Schwartz
The next forex trading inspiration came from Marty Scwartz, a stock trader and futures trader at Wall Steet. The author of the book "Pit Bull: Lessons from Wall Street's Champion Day Trader" likes short-term trading and opening and closing positions on the same day.
Schwartz was the winner of a trading contest in the United States in 1984. In the contest, each contestant started with an initial fund of USD400,000. Within 4 months, he managed to score an average of 210 percent and was confirmed as a champion.
Realizing that trading activities require full concentration, the person with an MBA from Columbia University resigned from his job as a financial analyst at E.F Hutton. In conducting its trading activities, Schwartz is more concerned with technical analysis than fundamentals
Nial Fuller
As a winner of a prestigious forex trading contest, Nial Fuller, who has been trading since 2002, continues to develop her potential. By establishing Learn to Trade The Market, Fuller provides education and training in the world of professional forex trading.
Since 2008 until now, Learn to Trade The Market has provided teaching to 15,000 traders. In addition to being an educator, Nial is a writer, blogger, and market analyst. He also continues to increase his portfolio in the world of trading.
In forex trading, Fuller relies on Price Action analysis. The style he likes is Swing Trading, by opening only a few positions that have been studied carefully. The basic thing he emphasized was risk management. In addition, Fuller developed the idea he called "Piramyding", a method of suppressing losses carried out with careful calculation before placing a position, and utilizing Trailing Stop at certain points.
Olga Ivanova
Forex trading can be done by anyone, even by someone who does not have a financial education background. One of the winners of the Alpari trading contest named Olga Ivanova, is actually a veterinarian.
Olga has been in the trading world three years ago, with the help of her husband who mastered the basics of trading science. Even though he managed to get a prize of more than 2,300 USD from the forex trading contest he won, Olga admitted that trading was a high-risk thing. Until now, he and her husband are still in their respective professions and trading forex as a side.every trader champion, have control emotional good enough. therefore, Olga choose to move on and focus to the things that positive. he stressed that read the analysis of the financial experts far more important, rather than to read or hear the comments strange of activity he geluti.
Dmitri myasnikov health decreased and forced him to work at home, be the story of the early myasnikov now plunged into the world Forex trading. who would have thought, the first look like a disaster it be a blessing, because he won the contest Forex trading held by the Grand capital. trader also worked as an accountant tells that he just starting to put a deposit and open an account real after learning for 1 year in a demo account. diligently, he set aside as much time as 3 hours a day and trading almost every day to hone ability. in the next 5 years, myasnikov stated that he would make the trading as a livelihood main.
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