After less than 2 hours of trading we already have accounts with -75%..... 😎
Haha nice - its the problem with these competitions - i think they should have a max risk limit, that way it cuts out the chancers who crank an ea up to max risk and either blow it OR win by a stroke of luck.
A competition for actual 'traders' would be proper cool
Could not have said it better... It always amazes me to see the 'all-guns-blazing cowboys' fall like flies on high-volatility events like NFP or FOMC... I just test my own method of trading in these comps, no point trying to compete with the gamblers....
Keep it simple, be disciplined, get rich slowly and above all protect your equity!