Driving Forces Behind Trading Success: Global Broker Octa’s Insights
When it comes to trading advice, there is no lack of information on the web. However, the recommendations provided by professional traders often clash or omit crucial details, leaving those seeking guidance in a state of confusion. Octa, a global broker since 2011, shares a real story of one of its clients who achieved positive trading results without putting other pursuits on hold.
Trading as a medical student
Tarshan is a 22-year-old student from Malaysia who’s currently studying medicine in Indonesia. He’s determined to become a doctor after graduation but has yet to choose his specialisation.
Having started trading about two years ago, Tarshan still considers himself a newbie. He began his journey in the financial markets after watching influencers who professed to have made significant profits from trading. He wanted to share their expensive lifestyle and started learning to trade Forex, visiting seminars and practising on his demo account.
He never wanted to become a professional trader, focusing on his medical career and engaging in trading as a leisure-time activity and a much-welcome source of supplementary income to cover daily expenses like upgrading his gadgets, going to restaurants, and travelling.
After a while, Tarshan realised that trading is not a hype train to jump on to make quick returns but rather a long-term opportunity that expands proportionately to the trader’s experience and skills. He also learned that mindlessly following other traders is not a viable option to achieve success—any insight has its scope, and it’s very unlikely that professional traders will share every single detail of their recipe to success. In order to grow, a new trader needs to figure things out by himself.
Tarshan has made some evident progress in trading but has yet to achieve the consistency he wants. After reaching the desired profits and achieving his immediate financial goals, he wants to help others get into trading by sharing knowledge and providing market signals. He says that the power of community in Forex is one of the things that drive people to this market the most.
Useful trading tips from a casual trader
Tarshan’s recipe for success includes reading some trading ideas and other traders’ analyses on his phone every morning after waking up. He made this a habit—it helps him stay informed about the latest financial news, which is a huge advantage in predicting market trends. For Tarshan, Octa’s trading app is one of the main sources of information—he studies educational content and browses trading insights published within the app.
Forex trading is not just about money, Tarshan argues. If approached with a progress-focused mentality, it can grant traders knowledge and personal qualities applicable in other fields.
As a student, Tarshan wanted to make the trading process as easy as possible. Downloading a bundle of applications for trading charts, market analysis, and financial news and navigating around them during each trading session was a definite blocker for him. He started exploring—and found Octa, an all-in-one trading platform and app that allowed him to do market analysis and trade on his phone without opening any external apps.
Tarshan chose Octa because the broker offered a user-friendly app that allowed him to trade without a desktop computer. According to the Octa broker, its trading app seamlessly integrates with the web solution, providing a more accessible and flexible trading experience.
Octa positions itself as a broker with low entry requirements reflected in minimum deposits below the market benchmark. However, according to Tarshan, trading becomes much more comfortable and confident when the deposit amount reaches at least 100 USD. This way, traders can focus on the larger picture, tracking their progress and learning something new from each session instead of constantly worrying about every loss. When talking about Octa, the broker of his choice, Tarshan also mentioned fast and secure withdrawals and zero commissions, contributing to his overall positive financial outcomes.
Tarshan’s progress is mostly determined by his self-discipline and systematic approach to trading. On the other hand, his confidence in the Octa broker’s superior trading conditions, transparency, and efficiency contribute significantly to his positive trading outcomes. It allows him to focus entirely on his trading sessions and continuous learning, streamlining the process and relieving the cognitive load.