Have you ever wondered how to make over 2000% of gain in a month?
Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.
HotForex Traders Award Winner December 2017! We would like to congratulate the Traders Award Winner who won the HTA crystal obelisk award and a $1000 cash prize!
Join the Traders Awards Competition here.
The winner from December is Simon Fadukwane Mathebula, who has achieved to earn total gain of 2,432.83%!
HotForex has interviewed this amazing trader.
HotForex (HF): How long have you been trading?
Simon Fadukwane Mathebula (SFM): I have been trading for 2 years.
HF: How did you get involved with Forex trading?
SFM: I came across Forex online after reading about young millionaires in South Africa and how they became young millionaires.
HF: Can you tell us a little bit about your professional background?
SFM: I am an entrepreneur, investor and IT engineer.
HF: What is your style of trading?
SFM: Scalping and swing trading. Swing trading is my favourite – on the 4h and daily charts you can never go wrong.
HF: What advice would you give to new traders?
SFM: You should treat forex like a business, where you view opening a new trade as an investment. You will make money from trading if you look at it this way. No one should ever invest in something without asking whether the return will be good or bad. So if you use the same mindset before entering a trade of asking whether this trade will give you a good return or not, then you will start making more winning trades than losing trades. Also, be patient: Don’t trade for the sake of trading, wait for good opportunities to come.
HF: Why did you choose HotForex as your broker?
SFM: I chose HotForex because it has low spreads compared to others and is amongst the best brokers for fast deposits, low minimum deposits and fast withdrawals.