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Forex Contest Fidelis Capital MARKETS

faridtoghi
May 13 2015 at 06:48
3 posts
I am also officially out. My performance was very consistent with what I do with real money: Double the account and then run to zero in a short time :-) Good luck to remaining traders :-)
Jaco Ferreira (JacoAF)
May 13 2015 at 07:06
130 posts
faridtoghi posted:
I am also officially out. My performance was very consistent with what I do with real money: Double the account and then run to zero in a short time :-) Good luck to remaining traders :-)

Now see, at least someone can still be honest and have fun with these demo contests. Good on you man. That's what this is all about, just to have fun and blow off steam. Hang in there bro, keep trying, stay disciplined, never stop learning, and keep having fun.... in time you will get better and have more success.

Some people take these contests too serious, complain a lot and forget that MyFXBook run these contests for the sake of having fun and to give brokers a chance to showcase their services, nothing more, nothing serious. So what if the leaders want to go 'all-in' and gamble their way to victory. It's a DEMO CONTEST for heaven's sake (speaking to all the moaners out there, not you Faridtoghi), so just have fun with it. I'm sure that no-one in their right mind would try and trade like this with real money, and if you are so desperate to get your hands on a contest account with 'free money' then you have not yet learned to trade, and will most probably lose that money quickly.

Anyway, I think more people should adopt Faridtoghi's attitude and just enter these contests to give it your best shot, have fun and see what happens. Less moaning and more fun!
Keep it simple, be disciplined, get rich slowly and above all protect your equity!
Andrea Antonicelli (andrea2k)
May 13 2015 at 13:48
12 posts
It happens that I had a sell limit on USDJPY at 119.34 and the price goes at 119.72 before a 730 pips sell off.... but the order has not been executed !

And that makes me really disappointed!

Attachments:

Blue Marlin (bluemarlin5)
May 14 2015 at 04:12
207 posts
andrea2k posted:
It happens that I had a sell limit on USDJPY at 119.34 and the price goes at 119.72 before a 730 pips sell off....
And that makes me really disappointed!


That's because you are using the wrong technique to enter a trade.
Were you using a sell stop or a buy stop, the market would 'make' you a happy guy.
The market did not deny you anything ! You did it to yourself.
The market is offering us a huge pile of money constantly. We just need to take it !
A blue marlin in the ocean is like a trader in the markets, no enemies but evil people.
Vivek Sharma (vrelish)
May 14 2015 at 06:22
50 posts
my account remain 200+ balance but I am also out no more See you guys in next contest....
Alex
Look009
May 14 2015 at 06:25
224 posts
Hi guys, relax... This is a game, just as our life is :)
Robert Lotter
Setbot
May 14 2015 at 06:34
6 posts
Have you seen that the top 10 traders have draw downs of between about 90% to 50% and made very few trades. There should be a limit, also people should be judged on the number of trades as well, because what is better to make 5 trades and win or to make 5000 trades and come second, work that out, because if you signing clients you what them to make money, but the broker and you also need to make money or it's not worth any ones time, and 5000 verses 5 shows that the system making 5000 trades has been tested 4995 times more that the one making 5 trades, you can get lucky 5 times but not 5000 times
Alex Kurako (bigbroker)
May 14 2015 at 06:35
1 posts
First 20-50 traders offer a tour to Moscow for a month in our company! You want to do the same on real 10000 USD - 20% of your own. Tickets Accommodation)))) ...
ydpm
May 14 2015 at 13:06
24 posts
bigbroker posted:
First 20-50 traders offer a tour to Moscow for a month in our company! You want to do the same on real 10000 USD - 20% of your own. Tickets Accommodation)))) ...
i did not understand
shukry88
May 15 2015 at 13:15
2 posts
Hi..what this mean "The Contest will not allow more than a total of 500 open positions at any given time"?

that means i can't open more than 500 trades?

currently i already opened 494 trades..
Don (240Z)
May 16 2015 at 21:05
50 posts
shukry88 posted:
Hi..what this mean "The Contest will not allow more than a total of 500 open positions at any given time"?

that means i can't open more than 500 trades?

currently i already opened 494 trades..

500 open positions, you have 498 closed trades and zero open positions
“Everybody should have a dream. What if that dream comes true?” – Jack Ma
gabriele (gabriele2274)
May 18 2015 at 06:53
17 posts
anyone remember the least of operations to do in this contest?
nothing is impossible
gabriele (gabriele2274)
May 18 2015 at 06:55
17 posts
can you tell me dovre are the current rules?
nothing is impossible
shukry88
May 18 2015 at 06:58
2 posts
240Z posted:
shukry88 posted:
Hi..what this mean "The Contest will not allow more than a total of 500 open positions at any given time"?

that means i can't open more than 500 trades?

currently i already opened 494 trades..

500 open positions, you have 498 closed trades and zero open positions

Ok..tq bro to clarify me..
Jaco Ferreira (JacoAF)
May 18 2015 at 07:27
130 posts
gabriele2274 posted:
anyone remember the least of operations to do in this contest?

Hi Gabriele,

I think this is what you are looking for:

https://www.myfxbook.com/contests/forex-contest-fidelis-capital-markets/28/rules

Oh, and well done on your trading so far.... almost 8000% with 76 trades - good to see a manual trader can still show the systems traders how it's done...

Cheers!
Keep it simple, be disciplined, get rich slowly and above all protect your equity!
gabriele (gabriele2274)
May 19 2015 at 06:28
17 posts
Hi thanks for the link and have a look at old school traders only charts and decide what to do think I'm testing a robot in demo but I do better I in manual
nothing is impossible
CahBawen
May 19 2015 at 06:40
4 posts
Dang.... I'm Dead... (again)
😁
Vivek Sharma (vrelish)
May 19 2015 at 14:33
50 posts
😄 Does it allowed ? 600 open lot 😇

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Forex Manager9 (Forexmanager9)
May 19 2015 at 14:42
29 posts
vrelish posted:
😄 Does it allowed ? 600 open lot 😇

It can allow you to open thousandsss of lots. Try to understand that 1 position doesn't mean 1 lot. A single Position can have 1 lot, 100 lots or even 1000 lots.

In a simple word, 1 position = 1 order which can have as several lots in it.
Vivek Sharma (vrelish)
May 20 2015 at 06:27
50 posts
Forexmanager9 posted:
vrelish posted:
😄 Does it allowed ? 600 open lot 😇

It can allow you to open thousandsss of lots. Try to understand that 1 position doesn't mean 1 lot. A single Position can have 1 lot, 100 lots or even 1000 lots.

In a simple word, 1 position = 1 order which can have as several lots in it.

so allowed Gr8
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