Discussion of the Forex Contest Squared Financial Forex Contest

Jan 14, 2015 at 15:15
19,848 Views
778 Replies
Member Since Dec 13, 2014   2 posts
Feb 12, 2015 at 07:58
watchme posted:
futuresuccess posted:
Where can I see the leader board?
https://www.myfxbook.com/contests/forex-contest-squared-financial/26

Thanks for the link, Fan.
Member Since Jul 18, 2012   7 posts
Feb 12, 2015 at 07:58
https://www.myfxbook.com/contests/forex-contest-squared-financial/26/competitors
😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁
salek.manu@
Member Since Apr 25, 2013   14 posts
Feb 12, 2015 at 09:30
masterfx6 posted:
almost all contestants in the top ten of cheating..
Дорогой masterfx если вы меня считаете мошенником я бы вас попросил предоставить доказательства. В обратном случае я бы вас попросил не бросаться такими словами! Да и вообще если вы такой профессионал в форексе, зачем тогда вы участвуете в конкурсе!
meerov@
husar2008
forex_trader_203139
Member Since Aug 09, 2014   26 posts
Feb 12, 2015 at 09:35
Can someone please th 'cheater' accuse ?
Is this a kind of trick or are the account sn or real. What does 'cheater' mean here ???
Member Since Feb 19, 2014   6 posts
Feb 12, 2015 at 11:00
Tommiland posted:
THIS BROKER IS A JOKE, NEVER PUT A PENNY IN REAL, WHILE THEY ARE BLOCKING DEMOS.. BUHAHAHAH

Even Demo, it is a contest at least, there is money at the end to win. Just another perspective
Member Since Oct 12, 2014   50 posts
Feb 12, 2015 at 11:09
Tommiland posted:
I am ALL IN LONG EURUSD FROM TODAYS LOWS 1.1280'S AND NOW SQUARED FINANCIAL HAS BLOCKED MY PLATFORM LIKE THIS

I am first person who reported problem in MT4 hanging now I am sure this is hell of broker who freeze before contest starts & see big picture change of time frame takes 5-10mints fills what will be happen in real account???
vivekrelish@
Member Since Mar 18, 2014   5 posts
Feb 12, 2015 at 11:10
yes right, but blocking it is unfair
Member Since Oct 12, 2014   50 posts
Feb 12, 2015 at 11:32
yes it is just see there last contest winner range very huge no way a manual person can catch.
vivekrelish@
Member Since Nov 06, 2010   8 posts
Feb 12, 2015 at 20:19
A manual trader can catch any of those jokers.
These are not the droids you are looking for...
Member Since Nov 06, 2010   8 posts
Feb 12, 2015 at 20:27 (edited Feb 12, 2015 at 20:51)
vrelish posted:
yes it is just see there last contest winner range very huge no way a manual person can catch.


Ubwankinoby posted:
A manual trader can catch any of those jokers.

The math...

It took 4000+ trades to reach 64K%

It took me 30<trades to reach over 300% (Done in 3<trading days)

Which is worth more? And what happens if you include exponential calculations?
These are not the droids you are looking for...
Member Since Nov 18, 2011   15 posts
Feb 12, 2015 at 22:44
should contest banned arbitrage robot trading? trade only last a few seconds is arbitrage trading.
cashustle
forex_trader_216185
Member Since Nov 07, 2014   3 posts
Feb 12, 2015 at 22:45
I think that site will be broken, when tryna show profit of winner of contest. =)
This trading is meaningless. I'm sure, that only 5% can do 100% in real account in year.
And Top 10 now ain't they more.
Member Since Nov 06, 2010   8 posts
Feb 12, 2015 at 23:14
cashustle posted:
I think that site will be broken, when tryna show profit of winner of contest. =)
This trading is meaningless. I'm sure, that only 5% can do 100% in real account in year.
And Top 10 now ain't they more.

... many people trade live accounts and have returns exceeding 100% in a year. (sigh)

Please read 'Pit Bull' by Marty Schwartz (if you have any interest in trading at all)


'Schwartz served in the U.S. Marine Corps Reserves from 1968–73 and completed his commitment with rank of Captain. After working several years in what he considered to be a dead-end job as a financial analyst at E. F. Hutton, Martin accumulated a nest egg of $100,000, quit the firm, and bought a seat on the American Stock Exchange where he began trading stocks options and futures. In his first full year as an independent trader he made $600,000 and a year later earned $1.2 million.[2]'

https://en.wikipedia.org/wiki/Martin_S._Schwartz


These are not the droids you are looking for...
These are not the droids you are looking for...
Member Since May 08, 2010   214 posts
Feb 13, 2015 at 06:11
For those who have just about given up on this competition....well.......it's a good time to go all-in shorting the EUR/USD, sit back and see what happens 😁
Member Since Jul 04, 2012   17 posts
Feb 13, 2015 at 15:21
what is definition of arbitrage ea ?
Member Since May 08, 2010   214 posts
Feb 14, 2015 at 04:50
End of another trading week and tons of money have been made or lost.

In this competition, I have managed to crawled back from position 1,970 to No. 214 with 75.43% gain......not good enough to beat super-duper EA/Robot Traders, but ALL trades were carried out manually based on my own fundamental analysis of the forex market.......and absolutely no pips were hurt in the course of my trading sessions😁😀..... in my two real trading accounts, I achieved basically the same results as I mirror trades with Demo accounts....i.e I first enter trades in the Demo account to see whether my assessment of the market is correct before placing similar trades in my real trading accounts.
cashustle
forex_trader_216185
Member Since Nov 07, 2014   3 posts
Feb 14, 2015 at 09:48
Ubwankinoby posted:
cashustle posted:
I think that site will be broken, when tryna show profit of winner of contest. =)
This trading is meaningless. I'm sure, that only 5% can do 100% in real account in year.
And Top 10 now ain't they more.

... many people trade live accounts and have returns exceeding 100% in a year. (sigh)

Please read 'Pit Bull' by Marty Schwartz (if you have any interest in trading at all)


'Schwartz served in the U.S. Marine Corps Reserves from 1968–73 and completed his commitment with rank of Captain. After working several years in what he considered to be a dead-end job as a financial analyst at E. F. Hutton, Martin accumulated a nest egg of $100,000, quit the firm, and bought a seat on the American Stock Exchange where he began trading stocks options and futures. In his first full year as an independent trader he made $600,000 and a year later earned $1.2 million.[2]'

https://en.wikipedia.org/wiki/Martin_S._Schwartz


These are not the droids you are looking for...


Did you understood what I talking about?
Knowledge about Swartz or anybody famous ain't help to trade.
I said that this robots are only toys for demo.
All competitors in top, including me, use catastrophic wrong MM.
Professionals do safety trading, not gambling.
Currency Forex is casino.
When I registered, I hoped for logical trading. Now - absurd.
BankerUZ
forex_trader_200204
Member Since Jul 19, 2014   3 posts
Feb 14, 2015 at 09:51
I don't think that Organizers of the Contest care about cheating...
Member Since Jul 04, 2012   17 posts
Feb 14, 2015 at 11:05
My account has been removed from contest. Admin said that I use arbitrage demo feed.
Then I confuse why they said arbitrage?

let's see the definition of arbitrage

--------

DEFINITION of 'Arbitrage'

The simultaneous purchase and sale of an asset in order to profit from a difference in the price. It is a trade that profits by exploiting price differences of identical or similar financial instruments, on different markets or in different forms. Arbitrage exists as a result of market inefficiencies; it provides a mechanism to ensure prices do not deviate substantially from fair value for long periods of time.

-------------
Arbitrage EA can not backteting
As you know.. I just use common ea scalping..that's all ... nothing else.
let's see here..


.



Member Since Nov 20, 2013   7 posts
Feb 14, 2015 at 11:07
Friday is sacred. Finally I cut loss. Fiuhhh😭
Trading bukan untuk cepat kaya tapi untuk melatih mental tidak serakah dan senantiasa mensyukuri nikmatNya
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