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Forex Contest Squared Financial June 2015

ShahLegno (Shahlegno)
Jun 04 2015 at 07:02
31 posts
Hye All...happy trading
Swing with professional passion.
putdejudom
Jun 04 2015 at 07:14
2 posts
Hi, I'm downloading the program to my computer but it fail when installing and it asked me to put in the 'server' , 'login' and 'password'
what should I put into these in order to be able to download ?
Thank you
Nikolaos (Pannik)
Jun 04 2015 at 07:40
126 posts
I am here again.
I want to use a HFT.
Good Luck to all.
Consistency and discipline contribute to success.
Ben Thorns (fxnz99)
Jun 04 2015 at 07:43
4 posts
What are the prizes for the competition? Need to see if it is worth my time.

https://www.myfxbook.com/members/fxnz99/fx-simplicity-3x/1254565
Bring acceptance of loss and flexibility to accomplish record results.
ravis
Jun 04 2015 at 07:45
5 posts
Are USA residents allowed?









Pradeep Venkat Rao (mmm008)
Jun 04 2015 at 07:45
14 posts
ready.....get set....

all the best guys...and gals....
Jaume Torne (cashforexrobot)
Jun 04 2015 at 07:54
13 posts
Account info:
DisplayAccData EURUSD,Monthly: SwapBuy: -1 pips SwapSell: -1.5 pips
DisplayAccData EURUSD,Monthly: MinStopDiff: 0.00000 MinFreezeDiff: 0.00000
DisplayAccData EURUSD,Monthly: TickSize: 0.00001 TickValue: 1.00000
DisplayAccData EURUSD,Monthly: Margin: 1125.95 Margin Hedged: 0 %
DisplayAccData EURUSD,Monthly: MaxLots: 100 MinLots: 0.01 StepLots: 0.01
DisplayAccData EURUSD,Monthly: Curr: USD Leverage: 100 StopOut Level: 30 %
DisplayAccData EURUSD,Monthly: Execution mode: Market
DisplayAccData EURUSD,Monthly: Server: SquaredMT4-Demo Type: real
RussJ
Jun 04 2015 at 07:54
5 posts
Anyone know what margin is used per 1 standard lot???
daniel6767
Jun 04 2015 at 07:56
1 posts
MrRoyce posted:
prince:please, i want to be sure of the 300 tread contact in the contest. My question is this, is it a minimum of 300 lot size in total or 300 treads?

An operator has not yet connected. Don't worry, an operator will be by shortly! When they connect, they'll see all the messages you've sent so far.

Tillek Munnsad has joined the chat!
Tillek Munnsad:Hi prince. One moment please
prince:ok
Tillek Munnsad:By 300 contracts we mean 300 trades
Tillek Munnsad:Are you new to trading or have you got experience?
prince:well not so new
Tillek Munnsad:Ok just to let you know that we cannot open accounts for retail clients. Even if you win the competition
Tillek Munnsad:We only onboard professional clients
prince:but for one to win a competition of about 2000 contestant is it not enough to say he or she is a professional
Tillek Munnsad:You will need to pass the professional criteria
Tillek Munnsad:Natural persons must fulfil at least two of the following criteria to be classified as a professional, and avail of our services.

1. Have you worked in a professional capacity in relation to financial markets ? If yes, please explain.

2. Have you executed at least 10 trades on average per quarter? Over the past 12 months?

3. Is the value of your combined portfolios in financial markets greater or equal to 500,000 EUR?
prince:ok thank for your in for at least no need to west my time on it.
Tillek Munnsad:Yes it's best to know
Tillek Munnsad:You're welcome
Tillek Munnsad:Have a great day. SO IF YOU ARE NOT A PROFESSIONAL WITH MANY YEARS OF EXPERIENCE THIS CONTEST ID NOT FOR YOU EVEN IF YOU WIN
so, it is useless to join the contest?
d0nD
Jun 04 2015 at 07:57
5 posts
it's unfair rule... what if you win? and you're new to trading? they don't mention it in their contest rules... they have to mention it in their contest rule...
hIGH rISK - hIGH rEWARD, lOW rISK - lOW rEWARD, nO rISK - nO rEWARD
Sub-Zero
Ruslan7777
Jun 04 2015 at 08:53
2 posts
Here some people, leverage 1/100 and 1/200.

I 1/200 shoulder ... then wonder no problems?
FX KISS (tineg)
Jun 04 2015 at 08:53
45 posts
hehehehehehehehe.... (laughing with prince conversation)...hehe...

contest starts in little less than 4 hours.
https://www.myfxbook.com/contests/forex-contest-squared-financial-june/29/rules
check the countdown...

I believe, as I have seen it in the past, broker enables trading at the end of the count down, not sooner.
"Failure is simply the opportunity to begin again, this time more intelligently." ~Henry Ford~
Gustradamus (Eablessing)
Jun 04 2015 at 08:53
11 posts
winfx57 posted:
i cannot trade, becuase it show me that Trade is Dissable.
How to do this ?
no begin contest yet, off course is dissable, in 4 hours is it ready for trading
Gustradamus (Eablessing)
Jun 04 2015 at 08:56
11 posts
Shahlegno posted:
Hye All...happy trading
haopy trading all the best
ydpm
Jun 04 2015 at 09:11
24 posts
how Contest - phuong799 became first to gain 100% without no trades, got deposit of 20000 and how it calculate as 100 gain?
Forex Manager9 (Forexmanager9)
Jun 04 2015 at 09:27
29 posts
ydpm posted:
how Contest - phuong799 became first to gain 100% without no trades, got deposit of 20000 and how it calculate as 100 gain?

I just checked his profile, looks like he has got one more deposit of 10000 and that's why he's gain is reflecting as 100%
Artilect_EA_v5.2 (Mrodri)
Jun 04 2015 at 09:46
7 posts
Ruslan7777 posted:
Here some people, leverage 1/100 and 1/200.

I 1/200 shoulder ... then wonder no problems?

Do we contact the broker to get 1-200 leverage or is this an error with myfxbook?
Only you have the power to set yourself free!!!
Forex Manager9 (Forexmanager9)
Jun 04 2015 at 10:44
29 posts
1:100 is what I am getting
Forex Manager9 (Forexmanager9)
Jun 04 2015 at 11:17
29 posts
EVERYONE READ THE BELOW **CHAT HISTORY** AND STOP WASTING YOUR VALUABLE TIME ON THIS SHITTY CONTEST:

 Chatting with London Sales.
An operator will be right with you!
Vinayak:HI
London Sales has joined the chat!
London Sales:Hello and welcome to Squared Financial. How can I assist you today?
Vinayak:I have a query with reference to contests that is being currently held on myfxbook
London Sales:sure
Vinayak:Is that contest open for all ?
Vinayak:I mean does one need to be a professional trader
London Sales:yes as long as they qualify to open a live account
Vinayak:What qualification is needed to open a live account ?
London Sales:main is trading experience and understanding of risks
London Sales:plus either of the two below
London Sales:1. working in financial markets
London Sales:2. financial assets over 500k
Vinayak:Ok.
Vinayak:And what if someone doesn't meet any of the criteria ?
Vinayak:If someone is just a retail trader ?
London Sales:if it is not even trading
London Sales:then sorry we cannot
London Sales:also our minimum is $5000
Vinayak:Are you trying to say that if a retail trader wins the contest but doesn't meet any of the qualifications then he won't be given the prize amount ?
Vinayak:??
London Sales:correct
Vinayak:Then why it's not mentioned anywhere in the contest rules ?
London Sales:It is
London Sales:it did say you will need to open a live account
Vinayak:Anyway, thanks alot you saved me from wasting my valuable time.
London Sales:you are welcome
Jaco Ferreira (JacoAF)
Jun 04 2015 at 11:43
130 posts
Forexmanager9 posted:
EVERYONE READ THE BELOW **CHAT HISTORY** AND STOP WASTING YOUR VALUABLE TIME ON THIS SHITTY CONTEST:

 Chatting with London Sales.
An operator will be right with you!
Vinayak:HI
London Sales has joined the chat!
London Sales:Hello and welcome to Squared Financial. How can I assist you today?
Vinayak:I have a query with reference to contests that is being currently held on myfxbook
London Sales:sure
Vinayak:Is that contest open for all ?
Vinayak:I mean does one need to be a professional trader
London Sales:yes as long as they qualify to open a live account
((....... removed rest of quote to save space))

Really MyFXBook??? On day 1 we already have discrepancies (possibly cheaters), and then here comes another broker with a bunch of fine-print bull***t rules about having to be a 'pro trader' in order to take part in this demo contest.

To the broker (That's you Squared Financial!) - if you people think that a pro trader that meets your 'requirements' will waste his/her time with these bulls***t requirements of yours on a demo contest with a $3000 first prize pool, then you should rather close your business - cause it will not last if you intend to disregard retail traders, which makes up the vast majority of the entrants in these contests, and indeed the whole bloody trading world! That is the whole point. For us 'small-time' retail traders to have a platform (these contests held by MyFXBook) on which to test our metal against each other and have fun in the process.

Please will one of your staff, preferably someone that will not bull****t us any further explain this 'small' (kidding bloody HUGE) detail of your rules. If it is true what our friend Vin was told in the chat with your helpdesk, then your contest is the biggest joke MyFXBook ever hosted as a contest.

I'm with you Vin, I will not waste my time on a contest where 99% of the contestants will not be 'allowed' to receive the prize.

Now the ball is in your court Squared Financial - please explain this to all us 'simple folks' - the Retail Traders, which by the way is why MyFXBook exists in the first place!
Keep it simple, be disciplined, get rich slowly and above all protect your equity!
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