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Forex Contest GDMFX
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szacsa68

Member Since Mar 07, 2012  5 posts szacsa68 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...

williamh1104

Member Since Feb 08, 2017  2 posts williamh1104 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?

GDMFX

Member Since Mar 14, 2013  98 posts GDMFX Support Team (GDMFX) 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

Member Since May 21, 2013  2 posts k1ck574r7 (k1ck574r7) Feb 23 2017 at 13:49
All opened under a minute. What a trader!!!!!!!

rrram2

Member Since Sep 01, 2016  10 posts Elijah Marks (rrram2) 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!
mulos

Member Since Nov 25, 2015  5 posts Mulos (mulos) 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@
welltrained

Member Since Oct 15, 2016  2 posts welltrained 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.

Omega73

Member Since Mar 02, 2015  36 posts Omega73 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

Croco_Dile

Member Since Jan 08, 2016  272 posts Crocodile (Croco_Dile) 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 ! grin grin cool grin twist

LOL

Complexity is expensive, inefficient, and ineffective > Crocodile trading
Rigor

Member Since Feb 09, 2017  11 posts Rigor 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 twist

LOL

my brain refuses to understand 4000% in three days.

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