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.
Thanks Haripal. I am happy for my system. Others also have good systems. I see that their profits are far greater than mine. I hope that my positions are safe to alive some unexpected eatrhquakes but I must push ahead to get my position :-D
yap yap its a live trading environment there is no hurry. some signals are waiting for the big moves whilst others like us are in the process of opening an account. and other are waiting to risk everything in the last day.😁
watchme posted: People use robot to win contests, HFT high frequency trading.
Maybe with real money they think twice..?
Yes Live trading contest will surely nurture the best trader after testing all up and down throughout the month. Its not like demo where trader trade for granted as if they dont lose when a trade goes against them. I am excited to see who stands in first 3 position. Good luck to you.
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