January 22, 2021

Interviewing the Top Forex Trader who won the HotForex Contest

What strategy has this FX trader chosen to win the contest?

Interviewing-the-Top-Forex-Trader-who-won-the-HotForex-Contest Interviewing-the-Top-Forex-Trader-who-won-the-HotForex-Contest

HotForex - What's now?

After 12 years of rapid growth and becoming a truly global broker of choice with over 3.5 million live accounts opened, on May 2, 2022, HFM is entering a new era with a new name, HFM. Go to the page here to find out more about the new brand.

Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.

HotForex’s Live Trading Contest

HotForex (HF Markets) runs a live trading contest every month in which all traders can participate.

The winner of the contest wins a $1000 cash reward.

The winner of the contest is the one who has made the largest percentage of profit in the account within the period.

In this article, we will introduce the interview done by HotForex, with the winner of the contest in December 2020.

In December 2020, Parham Nafar has gained 435% of profit in a month.

Are you curious how he successfully traded and won the contest? See the interview of the trader below to find out more.

Go to HotForex Official Website

Interviewing the Contest Winner

Here is HotForex’s interview with the winner of the contest, Parham Nafar.

HotForex (HF): How long have you been trading?
Parham Nafar (PN): I became acquainted with Forex trading about four years ago, but I was not very active and I only started trading seriously six months ago.
HF: How did you get involved with Forex Trading?
PN: My friend first introduced me to Forex trading four years ago, but six months ago I started trading more seriously on my own and joined a training course where I learned to solve my problems with hard work and perseverance.
HF: Can you tell us a little bit about your professional background?
PN: I am a trader and I like this job very much because I am free in it and I can use my knowledge.
HF: What is your style of trading?
PN: Due to low capital, I trade on a daily and short-term basis. Of course, I set rules for trading: first of all, I always trade in the direction of the trend and enter into a deal with the appropriate signal; second, I trade less during market opening hours and during important news and wait for the market to move properly.
HF: Why did you choose HotForex as your broker?
PN: A friend of mine introduced me to HotForex, and it was also recommended by my Forex trading teacher. I am very satisfied with this broker. It is a great pleasure for me to trade with them.

You could be this month’s Top Trader!

Each and every month, the trader with the greatest gain will win a stunning Crystal Obelisk, a USD 1,000 Cash Prize and entry into the HotForex Hall of Fame for showing exceptional trading skills.

Find out more about the live trading contest on the page here.

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