Roman emperor Aurelius Marc once said, “Everyone costs as much as what he cares about does”. This statement remains topical for forex market traders, who target at following the success of such great traders as Jesse Livermore, Bill Williams, Larry Williams, and others. Each of them had his own way to financial success, but they were united by certain common features, among which self-belief, great ambition, and the skill of learning from mistakes. As a result, the higher their targets were, the greater success they achieved. Their analytical data, trading strategies, principles and methods of work at financial markets made the foundation of profitable trade.
At this point anyone may repeat the achievements of outstanding financial experts in the world, having spent much less time and effort on this. Broker company “Pantheon Finance” has made it possible for every trader to become a professional analyst if he wants to have profitable trade on the basis of his personal data and trading strategies. To make this dream come true, one is to take part in analysts contest, held by the broker jointly with “Forex-Invest.RU” portal.
Contest of Forex Analysts – Shortest Way to Professionalism and Fame
Contest of forex market analysts is the first tournament to be held at financial markets, as explained by Aleksander Filippov, the Head of Business Development Department at “Pantheon Finance”, in his interview to the “Market Leader”. These exists a big number of contests for traders and investors, but contests for investors have not yet been developed so much. Besides, information occupies top positions in modern financial world, as the outcome of trading transactions of traders, large corporations, bank institutions, and others alike largely depends on data precision and accuracy. What is more, the world is often waiting for information from one person… such as Ben Bernanke or “independent” George Soros.
With the start of new unique analyst contest everyone interested in work at forex market will have a chance to become a new Soros, Buffett, Dow or even excel them. Owing exclusively to your talent, personal vision of perspective market trends, skill to hold high-quality technical and fundamental analysis on the basis of own trading strategies, you may not only win money prizes but also become the leading analyst of “Pantheon Finance” company, as claimed by Aleksander Filippov. This means that you will become a professional, whose opinion will be considered by our clients and partners: traders, investors, best world brokers that are represented in “Pantheon” system, which units the best PAMM accounts worldwide.
Conditions of Participation in the Contest
In order to take part in the “Contest of Forex Analysts”, one has to undergo a quick and easy registration at the web site of “Pantheon Finance”. But mind that you have to preliminary set a trading terminal МТ 4 and open therein a trading account “Mini”. This is one of the main conditions for the participants of the new contest, as informed by broker representative. Other not least important conditions include:
– “Pantheon Finance” contest is held on real trading accounts of “mini” type;
– Minimal starting balance of the trading account amounts to 100 dollars;
– As soon as you have credited your trading account, you have to send an application for participation in a corresponding topic for “Forum user-name”;
– Within this topic you are supposed to publish analytics and related trading reports.
“I would like to draw your attention to the fact,” highlighted Aleksander Filippov, “that a trading account is needed to demonstrate how effective your analytics is, how much it can be applied to real trade. In this reference the contest is a unique event with no analogues. So, if your predictions and trading methods prove to have positive impact on trade, you receive a certain number of points. Equal number of points is charged if your predictions on currency pair prove to be correct. Therefore:
– For every correct prediction 1 point is charged to every participant;
– Another point is charged for a prediction that is proved by market transaction on the same day.
It should also be kept in mind that daily analytics is to be published by 7:00; in other words, before the start of European trading session. Predictions that have not been worked out during the first 24 hours are not valid later. When contestants’ points are calculated, predictions where profit amounted to less than 30 points fail to be considered.”
The specialist of “Pantheon Finance” explains that every participant of the “Contest of Forex Analysts” is allowed to provide analytics to not more than 3 currency pairs and perform mot more than 2 transactions with one currency pair within 24 hours.
“I would like to remind,” said Aleksander Filippov, “that anyone can take part in the contest of forex analysts. The registration lasts, and it is supposed to be over on October 07, 2012. The contest itself starts on October 1st and will last 4 trading weeks – till October 26. According to its results, the first three winners (defined by the number of accumulated points) will be awarded with money prizes that will amount to:
1st place – 1 000 dollars;
2nd place – 500 dollars;
3rd place – 200 dollars”.
A Stone’s Through to Soros…
“I will tell you where the gold is, but you have to recover it yourself, as the saying goes. This can be partially applied to financial market analysts, as said by independent expert Sergei Cherepanov, Vice Rector of , the Head of MF Trading System Department, in his interview to the “Market Leader”. In other words, professional analysts are the people that in majority of cases may show where “gold”, or possibility of profit for traders and investors, is, but it is up to them to take the right decision.
It is not surprising that largest financial structures worldwide, including highly authoritative banks, have their own analytic departments (sometimes several) that work in all directions of financial markets. On the basis of information provided by such departments the company’s management takes the final decision on their participation in trading transactions. I would say that the lion’s share of financial success depends on analytics and people that deal with it.
Analyst is always in the limelight. Examples are not far to seek – George Soros is so authoritative that even rumours about his statements (which he is not sure to have made) make many firms enter or quit the market. Russian traders and investors, according to representatives of foreign companies, are not least talented than famous financial experts worldwide, but they fail to fulfill their potential due to peculiarity of Russian market, national mentality, and other objective and subjective reasons.
Therefore, the contest of analysts, organized by “Pantheon Finance” company, may highly improve the situation. First of all, this will be provided by preparation of professionals, whose data, trading strategies, and predictions will become highly demanded in regional scale and in the context of world financial markets.
The winner of the contest will be defined at the end of next month. There is no doubt that this person will manage to use the possibilities of the contest to their maximum, as well as his inner potential, motivation, and ambition. Famous American footballer Howard Twilley once said, “When I was younger, I used to think that hard work is the key to success. But in reality hope is the basis of success. Hope is the concept “I can do it” despite the fear “What if I cannot do it?”. Hope gives life to motivation, which turns into obligation, hard work, and, finally, success.” Believe in yourself – and success will come into your life.
