The PAMM Master 5000 contest has ended and the winner is … Trader GoldDen!
GoldDen won first place in the very competitive and grueling quarterly competition held for Forex traders that are new to the trading market.
He successfully earned a whopping 800% gain on his initial capital investment.
The first place award includes GoldDen becoming the proud owner and manager of a PAMM ECN account with an included monetary prize of $6000 which can be partially withdrawn and the remainder used as investment capital into his new PAMM account.
How about this? GoldDen’s PAMM account is open for other interested traders to invest into also. Join the road to riches and (click here) to join GoldDen’s account.
We Congratulate GoldDen on his success and the following is a brief interview with him.
GoldDen can you tell us a little bit about yourself?
Surely, I am a resident of Samara, Russia.
How long have you been trading in the Forex market?
I have been trading for about 6 years now.
What got you started in Forex trading?
I started trading after taking a seminar in Forex trading at a local school – I found the seminar interesting and I wanted to try trading to see if I could earn some extra money by trading in the Forex market.
How long have you been participating in the ForexCup competitions? How did you discover this contest? Also have you participated in other competitions?
I have been competing since April 2010 and I was invited to compete in the ForexCup. And yes I have entered other trading competitions but this is my first major win.
Can you name some positive aspects to the ForexCup competition? Did you find that there was room for improvement with the contest?
The positive aspects of the contest is it teaches competitors to be more aware of the trading strategies that they use in other words it makes you more mindful of what works and what doesn’t work. As for room for improvement, the only complaint I have is the downtime that occurred with the system – it only happened once but when you are competing it is frustrating.
Is Forex trading and entering into Forex competitions your primary source of income?
Yes it is my primary income.
At what point did you realize that you would win and how did you feel when you were informed that you won the competition?
I realized that I won when I noticed that my biggest competitor in the contest lost their total investment. When I found out that I won I almost fainted from excitement – I am extremely happy.
What strategy did you use to win this competition?
I followed the strategies employed in the MasterForex V training academy books which are written by trading experts and used the MasterForex forums.
What will you do with your winnings?
Most of my winnings will be invested into my PAMM account.
Can you share some pointers for other Forex investors and ForexCup competitors like yourself?
Yes, invest some time into learning the trading system and practice your strategies with a Forex demo account you will be successful.