Discussion of the Forex Contest GDMFX Forex Contest

Feb 06, 2017 at 11:24
21,507 Views
520 Replies
Member Since Mar 14, 2013   98 posts
Feb 23, 2017 at 09:54
DuongProVNN posted:
how to attend this contest? Thank you
Sign up on https://www.myfxbook.com/contests/forex-contest-gdmfx/38/rules
Member Since Jul 30, 2012   1 posts
Feb 23, 2017 at 09:54
Hello to all,I'm still not actived username and password
Behzad_shahidiani@
Member Since Mar 07, 2012   5 posts
Feb 23, 2017 at 09:59
hi guys,

how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
Member Since Jan 20, 2017   2 posts
Feb 23, 2017 at 10:04
how can i stop with the contest?
Life is a marathon, and not a sprint
Member Since Mar 14, 2013   98 posts
Feb 23, 2017 at 10:10
martyf1 posted:
how can i stop with the contest?
Just stop trading
Member Since Mar 14, 2013   98 posts
Feb 23, 2017 at 10:10
szacsa68 posted:
hi guys,

how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
Opposite positions' margins cancel out.
Member Since Jan 20, 2017   2 posts
Feb 23, 2017 at 13:42
GDMFX posted:
martyf1 posted:
how can i stop with the contest?
Just stop trading
i Don't want this message any more...
Life is a marathon, and not a sprint
Member Since Jan 23, 2017   4 posts
Feb 23, 2017 at 13:43
martyf1 posted:
how can i stop with the contest?

just stop lar...mc
Member Since Jan 09, 2016   2 posts
Feb 23, 2017 at 13:45
GDMFX posted:
szacsa68 posted:
hi guys,

how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
Opposite positions' margins cancel out.

Also opening 10 trades in the same second without EA seems like a real challenge 😁
forget stop loss only counter trade
Member Since Mar 07, 2012   5 posts
Feb 23, 2017 at 13:47
GDMFX posted:
szacsa68 posted:
hi guys,

how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
Opposite positions' margins cancel out.

OK. I was wrong. He opened only 19 lot without buys. That was very risky but worth it at the end...
Member Since Feb 08, 2017   2 posts
Feb 23, 2017 at 13:47
Can you provide a snapshot of what my margintoleranves were at that moment? Because I'd like to understand visually what occurred specific to my equity/margin ratio. I have trouble envisioning how I had a drawdown of plus $7k, because my equity was $14.9k. Also what time in the day does this rule apply? Is this any time during the day or just 4:40am est?
Member Since Mar 14, 2013   98 posts
Feb 23, 2017 at 13:49
williamh1104 posted:
Can you provide a snapshot of what my margintoleranves were at that moment? Because I'd like to understand visually what occurred specific to my equity/margin ratio. I have trouble envisioning how I had a drawdown of plus $7k, because my equity was $14.9k. Also what time in the day does this rule apply? Is this any time during the day or just 4:40am est?
Hello. Please contact our Support team directly via the online chat on www.gdmfx.com.
k1ck574r7
forex_trader_129314
Member Since May 21, 2013   2 posts
Feb 23, 2017 at 13:49
All opened under a minute. What a trader!!!!!!!
Member Since Sep 01, 2016   13 posts
Feb 23, 2017 at 14:43
wait til they see mine, I better tone it down some so I dont break anything.
You can always get back in!
Member Since Nov 25, 2015   5 posts
Feb 23, 2017 at 14:52
pipc posted:
hi guys
can anybody tell me is there a leader board on this contest and if so were do i find it

Thanks......

Not sure if I'm doing this reply thing correctly, but you can see the leader board on https://www.myfxbook.com/contests/forex-contest-gdmfx/38
If you are logged in, it'll also show you your current rank.
The Ratchet Trader - mulos@
Member Since Oct 15, 2016   2 posts
Feb 23, 2017 at 14:54
If the contestant who is leading now wins, i hope he/she would be gracious enough to share some of his/her knowledge with us about his/her system,because to me it's amazing to see such possibilities.
Member Since Mar 02, 2015   36 posts
Feb 23, 2017 at 14:59
martyf1 posted:
how can i stop with the contest?

BE CAREFOUL !!!

Dont forget to WITHDRAWAL ALL MONEY IF NO YOU WILL LOST ALL !!!

hahahahahha
Member Since Jan 08, 2016   281 posts
Feb 23, 2017 at 15:15
Omega73 posted:

BE CAREFOUL !!! Dont forget to WITHDRAWAL ALL MONEY IF NO YOU WILL LOST ALL !!!

hahahahahha

That was a good joke ! 😀 😀 😎 😀 😇

LOL
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Member Since Feb 09, 2017   11 posts
Feb 23, 2017 at 15:20
Croco_Dile posted:
2.000+% by Weinstein in just 3 days is fantastic !

He would be a goldmine for the broker with over 100 trades per day and -$16395.03 commissions by day 3,5, were it all real money.
Look how much $7 per Lot can generate for the broker !

Should Weinstein be able to stay in the contest and not crash, then the total commission generated will sure exceed 1,5 MILLION...... in a period of 18 trading days ! .... just by one guy !

All of us should switch to the broker side 😇

LOL
my brain refuses to understand 4000% in three days.
Member Since Jan 08, 2016   281 posts
Feb 23, 2017 at 15:32 (edited Feb 23, 2017 at 15:33)
Rigor posted:
my brain refuses to understand 4000% in three days.

That's the reality of a Demo contest ! 😂 😇 😀 😲
It will never change.....

Look at the 2 Live contests from last year. It was totally different.
Even though the last one ended in a very suspicious way because 2 Supermen came in 4 days befor the end and just exploded their accounts. Some commenters suggested that was staged by the broker and the traders were not real..... for not to pay the prices to real traders..... Who knows !

Enjoy the CRAZYNESS of a Demo contest !

LOL
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.