Discussion of the Forex Contest Valutrades Forex Contest

Apr 14, 2016 at 12:32
22,207 Views
506 Replies
Member Since May 04, 2016   73 posts
May 16, 2016 at 15:17
Croaker posted:
Hello!

I'd like to participate in this contest. I made an account at Valitrades, and here a profile. Downloaded the Metatrader, logged in with the username and password from Valutrades. I added that account to my profile here.

Still, I can't find how can I participate, I can't find my name in the contender's list. I made a test trade, so I have 1 closed trade, too.

What I realised, that the leverage is not1:100, then 1:400, but I can't find how to alter it, or how to make an account with that leverage.

Thank You for the answers!


Hi Croaker, Did you register through the myfxbook website as per the instructions on our website? Please email [email protected]
Member Since May 04, 2016   73 posts
May 16, 2016 at 15:20
mnmistry posted:
HOW DO I STOP GETTING EMAIL NOTIFICATION OF THIS VALUE TRADE CONTEST???????????????????????????????????????????????????????????????


Hi. Click on the "Unsubscribe from this topic" at the top of the screen and you will not receive anymore messages.
Member Since May 04, 2016   73 posts
May 16, 2016 at 15:22
tineg posted:
VALUTRADES:
Why are + currency pairs tradeable and normal currency pairs not?
What the heck is the catch?
Why not making normal currency pairs tradeable?


We are only allowing Raw trading on this competition, hence you can only trade on the Raw symbols (+) not Standard.
Member Since May 04, 2016   73 posts
May 16, 2016 at 15:24
Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726


Hi. The participant is up 65% hence, his margin and available to trade is higher, that is why they are able to open larger trades. Every participant is on the same conditions.
Member Since May 04, 2016   73 posts
May 16, 2016 at 15:55
PLEASE READ - CONTRACT SPECIFICATIONS - MARGIN REQUIREMENT

For detailed informaiton on contract specifications and margin requirements please go to http://valutrades.com/en/products/
If you have any questions please contact [email protected]
Member Since May 08, 2016   8 posts
May 17, 2016 at 05:35
kamal888 posted:
ValutradesUK posted:
ashf posted:
@ValutradesUK
According to rules: deposit 10 000$, leverage 1:100, which mean max open orders 10 lots. how come some account have more than 40 open lots?


All accounts are on the same conditions. If the participant is able to open 40 lots, then it means his account has been profitable and he now has the margin to trade 40 lots.


Maybe this people should learn how to count Margin required first :p


I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726
Steady Profits
Member Since Mar 09, 2013   45 posts
May 17, 2016 at 05:36
mnmistry posted:
HOW DO I STOP GETTING EMAIL NOTIFICATION OF THIS VALUE TRADE CONTEST???????????????????????????????????????????????????????????????


On the top, left corner of this chat dialogs, it says "unsubscribe from this topic"
"Failure is simply the opportunity to begin again, this time more intelligently." ~Henry Ford~
Member Since Mar 09, 2013   45 posts
May 17, 2016 at 05:36
I guess I am not going to trade either.
"Failure is simply the opportunity to begin again, this time more intelligently." ~Henry Ford~
Member Since Oct 31, 2013   22 posts
May 17, 2016 at 05:36
mnmistry posted:
HOW DO I STOP GETTING EMAIL NOTIFICATION OF THIS VALUE TRADE CONTEST???????????????????????????????????????????????????????????????



Attachments:

Member Since Oct 31, 2013   22 posts
May 17, 2016 at 05:51
Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726


Learn how to calculate Margin Requirement:

MARGIN REQUIRED = [ PRICE *( LOTS*Contract size) ] / LEVERAGE

Member Since Feb 19, 2012   14 posts
May 17, 2016 at 05:51
Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726


Do you know how to calculate lot?
For that oil, it required margin as of around 47 and for capital 10.000 you can open position 212 lot. But this broker only allow maximum 100 lot to trade for this USOil.
Member Since Oct 31, 2013   22 posts
May 17, 2016 at 05:51
ValutradesUK posted:
Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726


Hi. The participant is up 65% hence, his margin and available to trade is higher, that is why they are able to open larger trades. Every participant is on the same conditions.

He is talking bout the first trade.
Member Since May 03, 2016   1 posts
May 17, 2016 at 05:51
pls how can i check the top hundred traders
Member Since May 08, 2016   8 posts
May 17, 2016 at 05:51
ValutradesUK posted:
Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726


Hi. The participant is up 65% hence, his margin and available to trade is higher, that is why they are able to open larger trades. Every participant is on the same conditions.


check his first trade was 100.00 lots it is impossible with a 1:100 leverage
100% cheating running here
Steady Profits
Member Since May 08, 2016   8 posts
May 17, 2016 at 05:51
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

He opened his first trade 100.00 lots. It is just impossible with a 10k account with 1:100 leverage.

Attachments:

Steady Profits
Member Since Feb 28, 2013   5 posts
May 17, 2016 at 06:52
Does anyone get "Trade is disabled"?
Trade Like a Scientist
Member Since Jun 08, 2014   1 posts
May 17, 2016 at 06:58
kamal888 posted:
ValutradesUK posted:
ashf posted:
@ValutradesUK
According to rules: deposit 10 000$, leverage 1:100, which mean max open orders 10 lots. how come some account have more than 40 open lots?


All accounts are on the same conditions. If the participant is able to open 40 lots, then it means his account has been profitable and he now has the margin to trade 40 lots.


Maybe this people should learn how to count Margin required first :p


How first trade someone opened in 100 lot. how come ?? Cheating...??
Member Since Sep 22, 2015   1 posts
May 17, 2016 at 07:00
@admin, Pinkumaidyforex is right that was a 1st trade @100.00 lots... Your response "The participant is up 65% hence, his margin and available to trade is higher" doesn't make sense at all,??? up 65% before competition started!!?
Member Since Jan 08, 2016   276 posts
May 17, 2016 at 07:03 (edited May 17, 2016 at 07:04)
trading history :
http://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

He opened his first trade 100.00 lots. It is just impossible with a 10k account with 1:100 leverage.


Why are you continuing talking NONSENSE ??????
That 100 lot trade was not the first but the LAST trade opened by him.

Why don't you just trade your account ????!!!!!
😈
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Member Since Jan 08, 2016   276 posts
May 17, 2016 at 07:06
Pholux posted:
@admin, Pinkumaidyforex is right that was a 1st trade @100.00 lots... Your response "The participant is up 65% hence, his margin and available to trade is higher" doesn't make sense at all,??? up 65% before competition started!!?


Are you NOT ABLE to check the TIME of that trade before making claims ?????
😈
Complexity is expensive, inefficient, and ineffective > Crocodile trading
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