Discussion of the Forex Contest GDMFX Forex Contest

Feb 06, 2017 at 11:24
22,771 Views
520 Replies
Member Since Jan 08, 2016   281 posts
Feb 09, 2017 at 07:45
tonysaliba posted:
U.S. Traders are not allowed. They let me know after I sent in my info. To many regulations they said.

Okay, you can not win a price, but you could participate !
It's just a DEMO contest !

😈 😈 😈
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Member Since Jan 08, 2016   281 posts
Feb 09, 2017 at 07:45
@GDMFX

Why are you asking for REAL data from the participants ?

You will receive it from the winners at the end.

Why do you need data from anyone else ?

😲 😲 😲
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Member Since Sep 26, 2016   6 posts
Feb 09, 2017 at 07:48
I just opened an account to enter this contest and I wrongly chose 100k instead of the 10k can I redo this again?
Member Since Mar 14, 2013   98 posts
Feb 09, 2017 at 07:52
Croco_Dile posted:
@GDMFX

Why are you asking for REAL data from the participants ?

You will receive it from the winners at the end.

Why do you need data from anyone else ?

😲 😲 😲


Dear Sir/Madam,
Please note that we request all participants in the demo contest to register with their real data as at the end the winner must open a live account with us with the exact data he used in the demo contest. We can not know who will be the winners, so we request all the participants to join the contest with their real details.
Member Since Mar 14, 2013   98 posts
Feb 09, 2017 at 07:54
DavidSilva posted:
I just opened an account to enter this contest and I wrongly chose 100k instead of the 10k can I redo this again?

Dear Sir/Madam,

Please get in touch with the support team and they will reduce your demo account's balance.
Member Since Jun 17, 2016   1 posts
Feb 09, 2017 at 08:11
Hello.

Trading via Expert Advisers shall be prohibited

Can you explain why ?

Member Since Oct 09, 2016   2 posts
Feb 09, 2017 at 08:11
Money0Maker posted:
please tell me if i got it wrong

every lot we open is .01 and we can't open more than that
am i right?
Yah I think we should open not more than 0.01
Member Since Mar 12, 2016   55 posts
Feb 09, 2017 at 08:12
alot of stupid questions here. if people would just read.
Member Since Mar 14, 2013   98 posts
Feb 09, 2017 at 08:49 (edited Feb 09, 2017 at 08:51)
GDMFX posted:
DavidSilva posted:
I just opened an account to enter this contest and I wrongly chose 100k instead of the 10k can I redo this again?

Dear Sir/Madam,
Please disregard the previous message!

Please register on the myfxbook demo contest page: https://www.myfxbook.com/contests/forex-contest-gdmfx/38/rules . You will be created a demo account set with 0 balance until the beginning of the contest .
Member Since Jan 14, 2011   35 posts
Feb 09, 2017 at 09:15
greenday7711 posted:
alot of stupid questions here. if people would just read.

+1
Member Since Mar 14, 2013   98 posts
Feb 09, 2017 at 09:27
Minesweeper posted:
Hello.

Trading via Expert Advisers shall be prohibited

Can you explain why ?


Hello. Our experience shows that EA trading creates a lot of unequal opportunities when it comes to Demo contests. Additionally, it poses risks of order execution's deterioration for all contestants. For these reasons, EA trading is prohibited on the Demo contest.
iwelskin
forex_trader_327353
Member Since May 10, 2016   4 posts
Feb 09, 2017 at 09:56
Minesweeper posted:
Hello.

Trading via Expert Advisers shall be prohibited

Can you explain why ?

iwelskin
forex_trader_327353
Member Since May 10, 2016   4 posts
Feb 09, 2017 at 09:56
I have no idea
iwelskin
forex_trader_327353
Member Since May 10, 2016   4 posts
Feb 09, 2017 at 09:56
What real data do you mean?
Member Since Nov 12, 2016   1 posts
Feb 09, 2017 at 09:58
GDMFX posted:
Croco_Dile posted:
@GDMFX

Why are you asking for REAL data from the participants ?

You will receive it from the winners at the end.

Why do you need data from anyone else ?

😲 😲 😲


Dear Sir/Madam,
Please note that we request all participants in the demo contest to register with their real data as at the end the winner must open a live account with us with the exact data he used in the demo contest. We can not know who will be the winners, so we request all the participants to join the contest with their real details.


What does it mean 'real data'?
I can see the quotes in demo account right now - and it's seems to be quite real;-)
Should I buy real data for the contest?
Member Since Oct 15, 2016   2 posts
Feb 09, 2017 at 09:59
what does step size mean??
Member Since Mar 14, 2013   98 posts
Feb 09, 2017 at 10:01
diamondek posted:

What does it mean 'real data'?
I can see the quotes in demo account right now - and it's seems to be quite real;-)
Should I buy real data for the contest?

We mean that when signing up for the Demo contest, you should leave your real personal data, in order to be an eligible participant. You can read the rules on https://www.myfxbook.com/contests/forex-contest-gdmfx/38/rules
Member Since Mar 14, 2013   98 posts
Feb 09, 2017 at 10:02
goldhack posted:
what does step size mean??
That is the smallest volume with which you can increase or decrease your trade's volume. For example, you can trade with 0.01, 0.02, 0.03, etc., up to 1000 lots per trade.
Member Since Jan 08, 2016   281 posts
Feb 09, 2017 at 10:55
GDMFX posted:
 Our experience shows that EA trading creates a lot of unequal opportunities when it comes to Demo contests. Additionally, it poses risks of order execution's deterioration for all contestants. For these reasons, EA trading is prohibited on the Demo contest.

That means this contest is for Manul Trading ONLY ?

All use of an EA, even if it's NOT a robot, will disqualify ?
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Member Since Sep 15, 2014   259 posts
Feb 09, 2017 at 10:55
ijo_royo2FX2016 posted:
Hi all
Salam Kenal
I WILL TRADE WHILE I AM SLEEPING
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