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Forex Contest Squared Financial June 2015
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egyptnile

Member Since Apr 12, 2012  7 posts Usama (egyptnile) Jun 01 2015 at 07:02
ManukSabung posted:
Echo1111 posted:
So you can't win unless you do at least 15 trades a day??!


wow , must do aleast 15 trade per day . that mean 26 day × 15 trade per day = 1000 trade all togther ... ermmmm scalp can do that better ... long term not sure . hope this broker do better in server . do it be like other broker that i have join . my problem is slow server . you can check the broker that i join in my profile . i only bust the demo contest .


We need a clarification about the '300 trades ' from broker representative

kendo58

Member Since Feb 25, 2015  11 posts kendo58 Jun 01 2015 at 07:52
What Is A Forex Contract

A Forex contract is the result of a simultaneous purchase of one currency and the sale of another.

A contract is always done in pairs, and is basically buying and selling money in the same time. The Forex contract is also very special as it has no centralized trade location and trades are done around the clock. All contracts are bought by telephone and over computer networks between traders in different parts of the world.

The primary market for currencies is the “interbank market” where banks, insurance companies, large corporations and other large financial institutions manage the risks associated with fluctuations in currency rates.

https://www.tradingconceptsinc.com/2988/forex-trading-basics/

megamemo1

Member Since Jun 29, 2014  10 posts megamemo1 Jun 01 2015 at 08:03
Forexmanager9 posted:
** Minimum volume over duration of contest 300 contracts. **

There are 20 trading days during the entire contest duration. that means one needs to place at least 15 contracts per day. If 1 contract means 1 lot then it should NOT be a big deal but if 1 contract means 1 position irrespective of lot size then one needs to place at least 15 trades per day.


but both ways are available right?

fxsolution4u

Member Since Jul 28, 2013  3 posts Robot4u (fxsolution4u) Jun 01 2015 at 08:20
is the contest started as trade is bisable

forexsolution4u2013@
DylanS

Member Since Nov 13, 2014  4 posts Dylan S (DylanS) Jun 01 2015 at 08:23
Omg wtf are u doing here if you dont know that 300 contrats = 300 lots .... and not 15 trades a day ....

mauricejac

Member Since Sep 05, 2011  5 posts mauricejac Jun 01 2015 at 08:24
OK, and just above is indicated that a contract is 1 lot, so for me 300 contract equals 300 lots

mikefx2

Member Since Apr 17, 2015  1 posts mikefx2 Jun 01 2015 at 11:58
fxsolution4u posted:
is the contest started as trade is bisable

It doesn't start to 4 June...

ImpAsh

Member Since Oct 19, 2013  11 posts Evgeniy (ImpAsh) Jun 01 2015 at 11:58
Is it possible to trade inside the spread?

Is there a limit on the number of open orders at the same time?

Can you return the Monitor back in my account?

Schranztrading

Member Since Nov 07, 2014  1 posts TRADEWITHYOU (Schranztrading) Jun 01 2015 at 11:58
At which time will the MT4 account be open for trading for the contest? (was the date 04.06.2015 ?)
Chris

iamjide91

Member Since Apr 15, 2015  3 posts iamjide91 Jun 01 2015 at 11:59
DylanS posted:
Omg wtf are u doing here if you dont know that 300 contrats = 300 lots .... and not 15 trades a day ....


Not everyone is English.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.