Jakarta, CNBC Indonesia – There are many ways people can earn extra money while increasing their income. One of them is by trading Forex on the Octa platform.
There are already success stories from Octa traders who were able to learn and apply their knowledge to gain many profits from Forex trading activities.
One of them is Erik who started his Forex journey from copy trading. This activity did not succeed in providing profits as expected. He also used the Octa platform to learn to analyze market signals without outside help and practice patience in tracking trends.
“I also use analytical tools to utilize volatile assets,” he said, quoted Thursday (2/5/2024).
Another successful figure is Habil, who admits that achieving consistent success in trading is a reflection of his emotional development. Throughout his trading journey, maintaining psychological resilience is the key for Habil to get consistent results.
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Photo: One of the traders at Octa who is a successful forex trader.
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Apart from that, Habil also considers education and sharing knowledge to be the main factors in profitable wealth management. “Trading is already difficult enough. Don't miss important things that can be used to make a profit,” he said.
Meanwhile, Muhamad Revi managed to double his deposit even though he only started trading Forex in early 2023. This rapid progress was achieved thanks to the help of his mentor and the use of beginner-friendly tools provided by Octa, such as a demo account. After practicing risk-free for some time, Muhammad began to have confidence in his own ability to navigate the market and react quickly to detected signals.
“I then switched to real trading which immediately gave me profits,” he added.
For Erik, Habil, and Muhammad, an important step to achieving financial goals is choosing a broker that is able to offer profitable trading conditions, tight spreads, transparent transactions, and fast withdrawal procedures. Trading with a broker like this gives them the much needed confidence and security in starting their Forex trading journey.
The three traders both emphasize continuous self-development and adjust strategies flexibly based on market conditions. Since there is no one universal system that guarantees profits in trading, there are many methods and approaches that can bring success. In fact, even the best system will become obsolete in time without proper adjustments.
A trading system will only bring profits if the traders in it carefully monitor relevant news and continue to follow market developments, adjust plans as time goes by, and ensure every trader's decision is based on a strong logical foundation.
Then, Octa provides various educational content in English and Indonesian, including regular trading webinars, live trading sessions, and weekly market reviews. By using these tools to gain knowledge and practice on a demo account, traders can gain the skills and experience necessary to successfully navigate trading in the real world.
[Gambas:Video CNBC]
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