"Always have a plan B in trading," FXDD executive director, Lubomir Kaneti

- Uh, hello. Please introduce yourself. How did it happen that you became acquainted with trading?

- Hello, my name is Lubomir Kaneti and I am the CEO of FXDD. I started my career in a brokerage company right after graduating from school. I studied different types of trading, using all possible financial instruments.

- Trading is becoming more and more part of our lives - many people know about it or are holders of certain securities. In your opinion, why has speculation become popular in Russia and CIS countries now?

- The financial market is the road that connects the two highways of investment and speculation. People who buy currencies or shares are interested either in long-term investing or trying to multiply their capital through short-term price changes. In Russia and former Soviet countries, many people are discovering for the first time the possibility of such trading on financial markets.

- Which markets are interesting for you and why?

- In my work, it is necessary to constantly monitor changes in the OTC market But not only from the trader's point of view, it is necessary to take into account and analyze structural changes and movements of market participants.

- What don't you like about the structure of exchange or OTC trading or would you like to change?

- Exchange and OTC trading are very significant models with their own pros and cons. I believe that market participants should be free to choose where and how they want to trade.

- Do you think anyone can become a professional trader?

- Sure. Anyone can trade in the financial markets, including

dedication and hard work.

- Many people think that trading is either a frivolous business or a scam. What can you say about it?

- Financial markets exist and will continue to exist because trade is an integral part of the domestic and global economy. Trading - this is serious.

- In your opinion, what is the most common mistake traders make?

- Lack of a backup plan and inconsistency.

- Why traders should work with your company?

- FXDD provides high quality market trading service and a large number of trading platforms for every client's taste. We do our best to satisfy all the desires of our clients. As a result, we see that these factors are key for our clients and those clients who are constantly switching to us from our competitors.

- Surely you have had some funny situations with clients during your work at the Dealing Center (Broker). Without mentioning any names, could you share one with us?

- We've had a lot of interesting situations. Usually funny ones, but there are some that aren't always funny. People's ability to deny their own words or actions always amazes me. Quite often clients claim that they have never had a losing position, but when we find out the details, it turns out that they have had such a position and more than one.

- What advice would you give to newcomers to the exchange?

- Always have a plan, as well as a backup plan B in case the first one fails.