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Upcoming Contest Q&A
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Member Since Jun 23, 2011 16 posts
Salala
Jul 01 2011 at 14:44
Staff posted: The leverage is indeed 1:50. what about the stop-out level ? ( when will the margin call occure ? ) |
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Member Since Jan 09, 2010 14 posts
goodboyfx
Jul 01 2011 at 16:08
50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest.
Get Rich & Spread the wealth |
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Member Since Apr 11, 2011 202 posts
Splexin (Splexin)
Jul 01 2011 at 16:14
(edited Jul 01 2011 at 16:14 )
goodboyfx posted:
50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest. Agree. I'm also glad starting deposit is $50K instead of $100K. Makes the trading overall more realistic, rather than fantasy casino. Look at all the winners of previous contests-- got there because they rolled high...not because they had a good strategy. Everything should be as simple as it can be, but not simpler. |
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Member Since Nov 03, 2010 3 posts
xoof
Jul 01 2011 at 16:15
The competition this time looks to be more fierce than before. 16% in only 5 hours with 50:1 leverage...
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Member Since Mar 04, 2011 10 posts
RAJESHKUMAR (rajesh7827)
Jul 01 2011 at 20:26
(edited Jul 01 2011 at 20:27 )
am from india, i have one doubt in this competition, that is currently am trading with currency pairs only, can i trade with indexes and others also ah ? ?,
That mean USOIL, UKOIL, GER30, US30, UK100, XAU-GOLD, XAG-SILVER. If i trade with above, that pips will eligible for competition ? ? ? 
No matter what happens, God is always with me.. |
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Member Since Feb 02, 2011 12 posts
openfx
Jul 04 2011 at 14:22
Splexin posted: goodboyfx posted: 50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest. Agree. I'm also glad starting deposit is $50K instead of $100K. Makes the trading overall more realistic, rather than fantasy casino. Look at all the winners of previous contests-- got there because they rolled high...not because they had a good strategy. +100 Agreed! 
http://idpalagan.blogspot.com |
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Member Since Jan 09, 2010 14 posts
goodboyfx
Jul 05 2011 at 02:15
when do we get margin call? when margin level is less that 100%? is that it? can someone confirm... thx
Get Rich & Spread the wealth |
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Member Since Jan 09, 2010 14 posts
goodboyfx
Jul 05 2011 at 11:13
isnt this FX competition whats with people trading oil/gold? will they be disqualified??
Get Rich & Spread the wealth |
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Member Since Apr 11, 2011 202 posts
Splexin (Splexin)
Jul 05 2011 at 15:16
(edited Jul 05 2011 at 15:19 )
goodboyfx posted:
isnt this FX competition whats with people trading oil/gold? will they be disqualified?? I know right?  The top people seem to have got there by things other than currencies.....look at current #1.....I think a lot of rules were not clarified as they should have been. What good is it to have a Forex trading competition if those who win it aren't even trading currencies?? 
Everything should be as simple as it can be, but not simpler. |
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Member Since Aug 12, 2009 77 posts
Jason Rogers (jasonrogers)
Jul 05 2011 at 16:54
To clarify, all products in the demo are eligible for trading in the contest.
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