Company News

Dear Traders!

Due to Memorial Day in the United States the following intrumets will be unavailable for trading on Monday, May 30th:

• All futures contracts
• American CFD Shares

All services of Grand Capital will be available as usual. On Tuesday, 5/31, regular trading will resume.

Please consider these changes when planning your trading activity.

Thank you,
Grand Capital team 

You've already heard us say all about the risky trades that help our winners to literally steal the victory from the race leaders. But risking doesn't always mean winning. Learn how accuracy and concentration help getting to the first place and how important family support is for would-be traders from the interview with the winner of the 63th round of Micro Trade - the contest where the trading is held on real accounts and the main prize is 300% of the account equity.   

Tatiana, you've previously participated in other contests of Grand Capital - Rally and Drag Trade. In your opinion, what is the difference between demo contests and Micro Trade contest which is held on Micro live account?

- I think that the main difference is the concept itself, which is more about steady and thoughtful trading. Rally and Drag Trade imply risk and fast decision-making, which doesn't correspond with my trading style at all.

We know that you have been trading with us since 2011. Tell us a bit about your way to becoming a trader. Where was the starting point?

- I took a two-month course in the Moscow Stock University back in 2010. I then practiced a lot on demo accounts of different brokers and then I discovered Grand Capital.

Why did you choose Grand Capital?

- Your webinars and the contests attracted me the most as a starting trader. I think such tools play an important role when you are just starting to trade on financial markets.

What does trading mean to you? - is it just a hobby or the main source of income? 

- At the moment trading is just a hobby although I want it to become my profession. I hope to achieve it one day.

Not everywhere the concept of women traders is considered perfectly normal, including Russia. What do your family members think about that?

- Actually it was my husband who encouraged me at the first place. He has always believed in me and I hope to live up to his expectations.

In this round you were locking in profits with a great deal of confidence. What was it that brought you victory - successfully chosen strategy or was it pure luck?

- I guess I got lucky with the strategy I chose. I believe that I won thanks to my concentration and accuracy.

Many traders think that trading without stop-loss is very risky if not reckless. However, in this round you've succeeded without it. Tell us about your risk-management.

- I absolutely agree with the mentioned traders. Stop-loss is essential when trading seriously. Unfortunately I have certain problems with stop-loss orders and I often lose my deposits because of that.

I think it will be interesting to our readers to learn about your trading strategy. What strategies do you consider the most successful?

- I was afraid to use large Lots before and tried to act on large timeframes. But after I've read "The Psychology of the Stock Market" by David Cohen, I realized that small timeframes actually help me to feel the markets moves better. I also try to use large Lot with small deposit although it is quite risky.

What would you recommend those who are going to take part in the contest?

- The main thing is to believe in yourself and never stop trying. I would like to thank Grand Capital for their wonderful contests that allow starting traders to achieve may be not great, but real success.

Due to May statutory holidays in Russia, the following changes in shcedule of Moscow Exchange and Rissian Stock instrument group will take place:

30th of April through 3rd of May - markets closed

7th of May through 9th of May - markets closed

The changes will expire on 10th of May.

The rest of the instruments will be available for trading as usual.

All Grand Capital services will continue to operate as usual.

Yours truly,
Grand Capital.

Bonus accounts in Forex have always been a controversial topic. We’ve decided to ask one of the winners of Futures Trade (the contest where the winner gets $1000 bonus with withdrawable profit) what he thinks about bonuses and how much he managed to earn with the help of the prize funds.

The first question will be about the concept of a forex bonus. There are hundreds of posts in the internet saying that it is impossible to profit with bonus funds and some even say that forex bonuses can pose some kind of danger. However, the results shown by numerous traders let us see a slightly different picture. Brokers’ offers like “get bonus to earn your first deposit” turn out perfectly doable. What is your opinion on bonuses – is it harder to profit with bonus funds than with real ones?

- Actually, I tend to think of Forex bonuses as a positive thing. The problem that is mainly encountered by traders when trading with bonus funds is making very risky decisions that often lead to an increased number of unsuccessful trades. If to regard bonus funds as your own then promotions aka “get bonus and earn your first deposit” are possible to fulfill.

What do you thing about contests? Is it only for novices or it can also be useful for professionals?

- Contests are not just an extra opportunity to earn money for your first deposit. From a professional perspective, such contests are a great aid for practicing various strategies because they set may limits (time, assets, etc.).

You won in the Futures Trade contest. Which instruments and strategy did you use?

- I traded futures RYH6 (EURJPY) and 6В (GBPUSD). I managed to “catch” the trend for RYH6 and get the highest profit for 6BH6 although the situation on the market was far from perfect.

In the last interview you mentioned that you were going to open a LAMM-account and try yourself as a manger. How did that go?

- Yes, actually I used my prize funds to open my LAMM account Krantas-GR. I earned $1000 and have already withdrawn the profit. Now I am going to try maintaining the high level of profitability and wait for the investors.

Tell us a little bit about yourself. How old are you, what’s your education, how long have you been trading and is trading your main source of income?

- I’m 39, I have higher education. On the market since 2009. For now it is more of a hobby, but my aim is to turn Forex trading into my main source of income.

What did you start with? Have your asset preferences changed since you started?

In 2008 I started investing in funds, but due to the 2009 crisis the money quickly vanished. I mainly trade currency pairs: eur/usd, gbp/usd, eur/jpy, gbp/jpy, usd/jpy. Regarding my trading strategy – I like to enter the market on corrections and catch pullbacks.

Could you tell us about the most successful/unsuccessful trade you’ve had?

- I’m afraid that I can’t tell you about the most successful/unsuccessful trade as I don’t really remember. What I clearly remember is May 2010, when GBPJPY crashed from 143,00 to 129,80 which is 1320!

What do you think is the most important thing in trading?

- I guess I won’t surprise anyone if I tell that the main success factor in trading is discipline. You shouldn’t forget about trading strategy and other aspects of course..

Which criteria do you follow when choosing your broker? Why did you choose Grand Capital?

- When I just started in 2009 I didn’t really have any criteria to estimate brokers. But now I look at the quality of service, trading conditions and client support. In Grand Capital I’m happy with everything.

What would you recommend to all the traders out there?

- I wish everyone successful trading, many victories and to believe in yourself!