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Live Forex Contest Fidelis Capital Markets

watchme
Nov 03 2015 at 06:57
582 posts
rashmi posted:
Orangotang posted:
live contest is a different ball game. only traders with a good strategy end up winning.

@Orangotang

Exactly true ...
In this contest Floating Profit and Loss at the end of the Contest will be used in the TWR formula for the purpose of defining the winners of the Contest .

That is good Rashmi.

I've reported another bug on the competitors page. While all the other sorting functions are fixed, the sorting of 'Gain(Equity)' is inaccurate. I hope this bug get fixed soon.
Never Give Up or Give In To The Market
watchme
Nov 03 2015 at 07:14
582 posts
rashmi posted:
Orangotang posted:
live contest is a different ball game. only traders with a good strategy end up winning.

@Orangotang

Exactly true ...
In this contest Floating Profit and Loss at the end of the Contest will be used in the TWR formula for the purpose of defining the winners of the Contest .

That sounds very fair.
Never Give Up or Give In To The Market
Orangotang
Nov 03 2015 at 10:59
51 posts
I love this statistics of the contest they are a true representation of the Forex world. out of 119 participants only 14 are profitable that is around 11%. in the first week. 😉
Prayer is the True Power that controls the World.
watchme
Nov 03 2015 at 13:43
582 posts
Orangotang posted:
I love this statistics of the contest they are a true representation of the Forex world. out of 119 participants only 14 are profitable that is around 11%. in the first week. 😉

So far, only 43 contestants have traded.
Never Give Up or Give In To The Market
Blue Marlin (bluemarlin5)
Nov 03 2015 at 13:47
207 posts
Orangotang posted:
I love this statistics of the contest they are a true representation of the Forex world. out of 119 participants only 14 are profitable that is around 11%. in the first week. 😉

Only 45 participants have entered trades so far.
About 10 traders have already lost their money.

Since just a few do apply a Stop Loss maybe ALL traders will lose in the end..... We will see.
A blue marlin in the ocean is like a trader in the markets, no enemies but evil people.
Orangotang
Nov 03 2015 at 13:52
51 posts
bluemarlin5 posted:
Orangotang posted:
I love this statistics of the contest they are a true representation of the Forex world. out of 119 participants only 14 are profitable that is around 11%. in the first week. 😉

Only 45 participants have entered trades so far.
About 10 traders have already lost their money.

Since just a few do apply a Stop Loss maybe ALL traders will lose in the end..... We will see.

yap in the meantime let me try to open a live account again.
Prayer is the True Power that controls the World.
HaripalSolanki
Nov 04 2015 at 15:57
15 posts
Orangotang posted:
I love this statistics of the contest they are a true representation of the Forex world. out of 119 participants only 14 are profitable that is around 11%. in the first week. 😉

True picture is less than 5 % make profit here but i am still happy because i am in those 5 %.Cheers
HaripalSolanki
Nov 04 2015 at 15:58
15 posts
bluemarlin5 posted:
Orangotang posted:
I love this statistics of the contest they are a true representation of the Forex world. out of 119 participants only 14 are profitable that is around 11%. in the first week. 😉

Only 45 participants have entered trades so far.
About 10 traders have already lost their money.

Since just a few do apply a Stop Loss maybe ALL traders will lose in the end..... We will see.

Morover we shall have and apply trailing SL.
Tomáš Hrubý (Tomac)
Nov 05 2015 at 07:30
16 posts
I am lucky for TWR formula. Its a fair game because its showing little bit how risky trading is.
I am using SL and TP in every trade, so It was very hard form me to develop successful strategy with stops and without martingale ;-)

I will be very satisfied for a place within top ten traders, but its very hard to find a way for optimal contest risk without loosing account :-)
For my system is optimal balance 10.000 USD or 60000 USD (which I trade on the other account), not 500 :-D
watchme
Nov 05 2015 at 07:33
582 posts
Wow.. A tough day indeed. Will keep at it. Never give up.
Never Give Up or Give In To The Market
watchme
Nov 06 2015 at 09:20
582 posts
Challenging day but, better than the previous... will continue pushing on.
Never Give Up or Give In To The Market
Blue Marlin (bluemarlin5)
Nov 06 2015 at 09:21
207 posts
Tomac posted:
I will be very satisfied for a place within top ten traders, but its very hard to find a way for optimal contest risk without loosing account :-)

You definitely will be in top 10 if you will stay positive.
You may even be in top 3.

Others will lose money.
They are not using a Stop Loss.
A blue marlin in the ocean is like a trader in the markets, no enemies but evil people.
Blue Marlin (bluemarlin5)
Nov 06 2015 at 09:22
207 posts
Tomac posted:
For my system is optimal balance 10.000 USD or 60000 USD (which I trade on the other account), not 500 😁

It was not forbidden to open an $ 60.000 account.
$ 500 was just the minimum.

You can still add those $ 60.000.
Do that and you can trade for the win !
A blue marlin in the ocean is like a trader in the markets, no enemies but evil people.
Blue Marlin (bluemarlin5)
Nov 06 2015 at 09:28
207 posts
For some reason two comments were erased.......

Ist this comment section for participants only ?

😈
A blue marlin in the ocean is like a trader in the markets, no enemies but evil people.
HaripalSolanki
Nov 06 2015 at 09:28
15 posts
Tomac posted:
I am lucky for TWR formula. Its a fair game because its showing little bit how risky trading is.
I am using SL and TP in every trade, so It was very hard form me to develop successful strategy with stops and without martingale ;-)

I will be very satisfied for a place within top ten traders, but its very hard to find a way for optimal contest risk without loosing account :-)
For my system is optimal balance 10.000 USD or 60000 USD (which I trade on the other account), not 500 :-D

Appreciate your view on TP & SL. Trailing SL shall also benefit as we gain more than what we expected. You have been trading with discipline, if trader trades like you Forex market will be blessing for them. Good luck to you for the contest. Have a great weekend.
watchme
Nov 06 2015 at 14:45
582 posts
watchme posted:
Challenging day but, better than the previous... will continue pushing on.

Pushed on a little bit better. During news, fidelis trade execution is good. There is no requotes and hassle.
Never Give Up or Give In To The Market
watchme
Nov 08 2015 at 07:39
582 posts
It's ok, I got a sceenshot before the bug got me...
Never Give Up or Give In To The Market
watchme
Nov 08 2015 at 07:44
582 posts
i hope the bug gets resolved.
Never Give Up or Give In To The Market
watchme
Nov 08 2015 at 08:17
582 posts
I am almost certain that due to the registration being open throughout the contest, it makes the competion stats very buggy.

All other contest are fine once registrations are closed.

Of course i might be wrong...
Never Give Up or Give In To The Market
watchme
Nov 09 2015 at 07:23
582 posts
OK, my bad, I've just checked the other active contest by Tradeo, only their 'Gain(Equity)' sorting function is accurate, the rest is also jumbled up...
Never Give Up or Give In To The Market
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