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Forex Contest Vantage FX
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exson

Member Since May 15, 2015  4 posts Exson Ebo (exson) Jun 19 2016 at 11:47
@Citalk Hahahahahha , i like your rules. :) When are you going to organize your own context for us to participate? :)

Rules are rules and if you are good (or think you are good) you should be able to fit in any rule. I can see that you are not a scalper then i think this context is a great place to compare your skill against the scalpers.


Good Luck @Citalk !

saiboworld

Member Since May 04, 2015  1 posts saiboworld Jun 19 2016 at 11:47
well that should be good idea for all those who want to paticpate in the contestet i wish you all good luck and happy earning

DannyMNKaddoura

Member Since Jul 24, 2015  7 posts Amina Siddall (DannyMNKaddoura) Jun 19 2016 at 11:49
Hello everyone.
I cannot complete downloading the platform as shows a virus in the software. Looks like I am not the only one having this problem.
Vantagefx team, can you help with that?

D&A
Lmshow

Member Since Mar 17, 2016  4 posts Elemosho Oluseyi (Lmshow) Jun 19 2016 at 11:49
I believe pips should be counted instead of returns on capital. This helps to reduce the elements of risk by trading with high lot size which would not be feasible with a live account.

lmshowforex@
Croco_Dile

Member Since Jan 08, 2016  258 posts Crocodile (Croco_Dile) Jun 19 2016 at 13:09
DannyMNKaddoura posted: I cannot complete downloading the platform as shows a virus in the software. Looks like I am not the only one having this problem.

Yes, I did try to download their MT4 and my anti-virus shows a Troyan message and I can't install it.
I have no problems downloading MT4s from other brokers.

Must be something Vantage specific. No idea what it can be.

Complexity is expensive, inefficient, and ineffective > Crocodile trading
Croco_Dile

Member Since Jan 08, 2016  258 posts Crocodile (Croco_Dile) Jun 19 2016 at 13:11
PipMeHappy posted: Pip count should matter, and position size should be restricted perhaps...

No, this should NOT matter !
Only money matters in Trading.

Complexity is expensive, inefficient, and ineffective > Crocodile trading
forzion

Member Since May 19, 2015  1 posts forzion Jun 19 2016 at 14:51
Well, I am participating in a contest where the max leverage is 1:30 or 1:15 and even in this enviroment some participants were able to make 500% in 2 weeks. Only difference is that no one can win with pure luck in one day. To make consistent profits for a month even with 1:200 leverage is not an easy task. Every moment you can destroy your account with single trade if you overleverage. Every FX competition is a game, there is an oportunity to play it and have fun. If you want to make money out of trading go and open a live account and you can trade by your own rules. You can even get much more in one month than in this competition for 1st place. Just count the probabilities of winning a competition and calculate how many can you make consistently on your own from your own money monthly and you will see that if you want to be profitable you should develop a working strategy and trade real money. If you try to be profitable in contest you missed the point of them. Only few can win others may have fun and gain experience. Is it worth of time if you do not have fun? NO!

SamuraiFXTrader

Member Since Apr 25, 2014  19 posts SamuraiFXTrader Jun 19 2016 at 14:51
Does the contest Prize is withdraw-able without restriction?

“He who is well prepared has won half the battle"
IGNADIVE

Member Since Sep 30, 2015  1 posts IGNADIVE Jun 19 2016 at 14:51
Hello all and good luck!

tensaix2j

Member Since Apr 15, 2012  3 posts tensaix2j Jun 19 2016 at 14:51
The problem with Demo account is that people can create 64 accounts, and go all-in with all possible combinations. At the end of the competition, surely one of the accounts will win 8 times in a row and have a 25600% gain.

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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.