Discussion of the Forex Contest GDMFX Forex Contest
Feb 23, 2017 at 09:54
DuongProVNN posted:Sign up on https://www.myfxbook.com/contests/forex-contest-gdmfx/38/rules
how to attend this contest? Thank you
Member Since Jan 09, 2016
2 posts
Feb 23, 2017 at 13:45
GDMFX posted:szacsa68 posted:Opposite positions' margins cancel out.
hi guys,
how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
Also opening 10 trades in the same second without EA seems like a real challenge 😁
forget stop loss only counter trade
Feb 23, 2017 at 13:47
GDMFX posted:szacsa68 posted:Opposite positions' margins cancel out.
hi guys,
how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
OK. I was wrong. He opened only 19 lot without buys. That was very risky but worth it at the end...
Member Since Feb 08, 2017
2 posts
Feb 23, 2017 at 13:47
Can you provide a snapshot of what my margintoleranves were at that moment? Because I'd like to understand visually what occurred specific to my equity/margin ratio. I have trouble envisioning how I had a drawdown of plus $7k, because my equity was $14.9k. Also what time in the day does this rule apply? Is this any time during the day or just 4:40am est?
Feb 23, 2017 at 13:49
williamh1104 posted:Hello. Please contact our Support team directly via the online chat on www.gdmfx.com.
Can you provide a snapshot of what my margintoleranves were at that moment? Because I'd like to understand visually what occurred specific to my equity/margin ratio. I have trouble envisioning how I had a drawdown of plus $7k, because my equity was $14.9k. Also what time in the day does this rule apply? Is this any time during the day or just 4:40am est?
forex_trader_129314
Member Since May 21, 2013
2 posts
Feb 23, 2017 at 13:49
All opened under a minute. What a trader!!!!!!!
Feb 23, 2017 at 14:52
pipc posted:
hi guys
can anybody tell me is there a leader board on this contest and if so were do i find it
Thanks......
Not sure if I'm doing this reply thing correctly, but you can see the leader board on https://www.myfxbook.com/contests/forex-contest-gdmfx/38
If you are logged in, it'll also show you your current rank.
The Ratchet Trader - mulos@
Member Since Oct 15, 2016
2 posts
Feb 23, 2017 at 14:54
If the contestant who is leading now wins, i hope he/she would be gracious enough to share some of his/her knowledge with us about his/her system,because to me it's amazing to see such possibilities.
Member Since Jan 08, 2016
281 posts
Feb 23, 2017 at 15:15
Omega73 posted:
BE CAREFOUL !!! Dont forget to WITHDRAWAL ALL MONEY IF NO YOU WILL LOST ALL !!!
hahahahahha
That was a good joke ! 😀 😀 😎 😀 😇
LOL
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Feb 23, 2017 at 15:20
Croco_Dile posted:my brain refuses to understand 4000% in three days.
2.000+% by Weinstein in just 3 days is fantastic !
He would be a goldmine for the broker with over 100 trades per day and -$16395.03 commissions by day 3,5, were it all real money.
Look how much $7 per Lot can generate for the broker !
Should Weinstein be able to stay in the contest and not crash, then the total commission generated will sure exceed 1,5 MILLION...... in a period of 18 trading days ! .... just by one guy !
All of us should switch to the broker side 😇
LOL
Member Since Jan 08, 2016
281 posts
Feb 23, 2017 at 15:32
(edited Feb 23, 2017 at 15:33)
Rigor posted:
my brain refuses to understand 4000% in three days.
That's the reality of a Demo contest ! 😂 😇 😀 😲
It will never change.....
Look at the 2 Live contests from last year. It was totally different.
Even though the last one ended in a very suspicious way because 2 Supermen came in 4 days befor the end and just exploded their accounts. Some commenters suggested that was staged by the broker and the traders were not real..... for not to pay the prices to real traders..... Who knows !
Enjoy the CRAZYNESS of a Demo contest !
LOL
Complexity is expensive, inefficient, and ineffective > Crocodile trading
