INTERVIEW WITH VILMANTAS | #2 in Overall Ranking
Competitors' stories Oct 03, 2019
Country: United Kingdom
Profit: $30,564
“Risk management was very important. I was trading very aggressive”
About Vilmantas
Tell a bit about yourself, Where are you from?
I am Lithuanian and I live in the United Kingdom.
How and when did you start day trading? Why?
Half a year ago. I started to look for a second income.
How did you learn about WSDT?
Found it on the internet.
Why did you decide to join the competition?
Just wanted to test my skills and luck.
What was going through your mind when you learned that you had become the winner of WSDT?
I was thinking maybe its time to change my current career.
Did you really expect to become the winner? Was it your ultimate purpose?
No, it was a surprise. Probably luck was on my side. First I was very happy, and I cannot believe that I won.
P.s. I was a bit upset that Karim beat me on the last day.
Strategy
What were your trading style and strategy for this competition?
Very aggressive and I was taking risks.
Which day trading strategies did you use?
I was trading IPO’s, shorting, and searching for weak stocks.
How many days did you trade?
5 days.
What were your favorite hours of trading?
Early in the morning.
Which stocks did you trade?
Mdr, Roku, ping.
Were you trading your real account while trading a demo account in the competition? If yes, has it been distracting you?
I did not.
Emotional well-being and future participation
Moving on to your winning odds. How did you manage to win this competition? What helped you?
Risk management was very important. I was trading very aggressive.
How did you manage your confidence as well as your psychological tension?
It was really hard and felt a lot of stress.
Will you take part in the competition next time?
Indeed.
Who would you recommend WSDT to? Why?
It’s a very good simulator, for guys to test their skills in real-time trading.
Wrapping up, I’d like to ask you about your final thoughts on the WSDT competition. What would you recommend to the WSDT team to make the competition better?
Do not update results on the last day of the competition.
