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Discussion of the Live Forex Contest Fidelis Capital Markets Forex Contest

Sep 27, 2015 at 08:00
5,773 Views
137 Replies
Member Since Mar 01, 2013   582 posts
Nov 22, 2015 at 07:40
Tomac posted:
i am waiting for next week. I am taking a rest now :-)

Yeah me too.

I'm so close.. U too Tomac
Never Give Up or Give In To The Market
Member Since Sep 05, 2013   18 posts
Nov 24, 2015 at 07:13 (edited Nov 24, 2015 at 07:37)
Hi,

I am sure everybody must be excited ..few more days to go .... :-) good luck to all the competitors .

Give your best ... :-) Live contest is better than the demo i believe ..what's your view guys?

I am amazed people make 40000+ % when it comes to demo but they are afraid to trade live 😁

Regards
Rashmi
Skype : rashmi2907



Member Since Aug 19, 2015   15 posts
Nov 24, 2015 at 13:27
rashmi posted:
Hi,

I am sure everybody must be excited ..few more days to go .... :-) good luck to all the competitors .

Give your best ... :-) Live contest is better than the demo i believe ..what's your view guys?

I am amazed people make 40000+ % when it comes to demo but they are afraid to trade live 😁

Regards
Rashmi
Skype : rashmi2907


yes excited and amazed to see how Wasim recovered all losses and standing at number 2 now. This shows we never knows who will stand at best 3 position until the last second. Live trading is better in many ways ; serious trader participation , genuine trading strategy , prize money other than the real trading profit and much more. In my opinion all those who will generate more than 10 % are Winner. Good luck to all participant. Looking forward to hear from you all.

Regards,
Hari
Skype - hari7fx
Email - [email protected]
Member Since Sep 28, 2015   9 posts
Nov 24, 2015 at 15:47
And those who do not generate more than 10% are losers? For what it is worth, out of all the competitors, only 2 stands out for their outstanding risk management and trading strategy:

https://www.myfxbook.com/members/chamchoun/contest-forexrival/1427010
https://www.myfxbook.com/members/mfb4fop/contest-mfb4fop/1408394

The rest are just plain gambling, not trading.

Keen in trading for us? Skype us at @TradeFyre
Trigger Ready™
Member Since Oct 07, 2011   16 posts
Nov 25, 2015 at 07:12
watchme posted:
Tomac posted:
i am waiting for next week. I am taking a rest now :-)

Yeah me too.

I'm so close.. U too Tomac

Everybody is too close :-D Hard times. Positions changing every hour :-D I am waiting for my last shot! :-)
Don't be evil!
Member Since Aug 19, 2015   15 posts
Nov 25, 2015 at 11:47
TradeFyre posted:
And those who do not generate more than 10% are losers? For what it is worth, out of all the competitors, only 2 stands out for their outstanding risk management and trading strategy:

https://www.myfxbook.com/members/chamchoun/contest-forexrival/1427010
https://www.myfxbook.com/members/mfb4fop/contest-mfb4fop/1408394

The rest are just plain gambling, not trading.

Keen in trading for us? Skype us at @TradeFyre

I called them winner as generally fund manager make 7-8% monthly return. They will at least gain their trading profit. Tomac trading is appreciable too. Other who are taking calculative risk or trading with high risk reward ratio & getting their SL hit is not gambling. They all will filter out their wrong trade & will fight back. Good luck to all those.
Member Since Oct 07, 2011   16 posts
Nov 25, 2015 at 15:19
Guys. Go to the beach. Just stop trade :-D

I am working hard on special contest settings for my robot and for last 2 days :-D
If it goes wrong I will use 'Kraken' for final solution :-D
Don't be evil!
Member Since Sep 05, 2013   18 posts
Nov 26, 2015 at 09:33
Last day for the contest , Wish you all a good luck . Tough competition between few of them . :-)

 
Member Since Jan 08, 2012   5 posts
Nov 26, 2015 at 09:33
I always thought something was wrong with my trading , when I could see traders making 10,000+% returns in demo contents in a month while I was languishing with sub 20% returns! Thanks to this live contest now I know, it is well with my trading, statistically am in the upper percentile. Demo trading , truly is not reflective of the real world. Its like winning a F1 race on a simulator/video game and bragging how good a driver you are.Yet when given a real car to drive at 200 mph on the real grand Prix circuit like the real drivers do, you run away/ crush and burn in the first corner. Congratulations to myfxbook and Fidelis capital for the first real trading contest, good job!! To myfxbook, going forward please ensure all contests are based on real money, Thank you.
I am trading my way to billions coz I am disciplined
Member Since Jan 22, 2010   99 posts
Nov 27, 2015 at 06:14
Today is the last day... sad it doesn't end next week after NFP
Member Since Apr 07, 2014   207 posts
Nov 27, 2015 at 09:27
mcmudah posted:
.....Congratulations to myfxbook and Fidelis capital for the first real trading contest, good job!!

To myfxbook, going forward please ensure all contests are based on real money, Thank you.

This is up to the brokers.
My-Fxbook is just a platform.

Yes, it would be nice to have more contest with REAL money by the better brokers with a tight commission model.
Like the pros are trading. Not the spread model, which no professional trader does.
A blue marlin in the ocean is like a trader in the markets, no enemies but evil people.
Member Since Oct 07, 2011   16 posts
Nov 27, 2015 at 09:32
HaripalSolanki posted:
TradeFyre posted:
And those who do not generate more than 10% are losers? For what it is worth, out of all the competitors, only 2 stands out for their outstanding risk management and trading strategy:

https://www.myfxbook.com/members/chamchoun/contest-forexrival/1427010
https://www.myfxbook.com/members/mfb4fop/contest-mfb4fop/1408394

The rest are just plain gambling, not trading.

Keen in trading for us? Skype us at @TradeFyre

I called them winner as generally fund manager make 7-8% monthly return. They will at least gain their trading profit. Tomac trading is appreciable too. Other who are taking calculative risk or trading with high risk reward ratio & getting their SL hit is not gambling. They all will filter out their wrong trade & will fight back. Good luck to all those.


I am very lucky for this contest. I can see others in action and its also a good school to me. Everybody need some piece of luck, also
 when using sophisticated system for this competition. My target is long term trading so I am satisfied with the course of my system because it was primarily build for smaller gain with no risk.

Thank you Haripal to you and to Fidelis for this contest. I'm enjoying it and I will do some promotion with logo Fidelis on my website ;-)

Don't be evil!
Member Since Oct 07, 2011   16 posts
Nov 27, 2015 at 09:39
uf. Guys, thank you for the good fight!
I was nervous few minutes before the end.


WasimKhattak jumped over me yesterday (with DD -99,9% :-D ), so I was surprised first time and now, before the end 'myforexcraze' jumped to fourth place with 1 lot position on USDJPY. Crazy man!! :-D
He was closer and closer :-D

Have a nice day ;-)
Don't be evil!
Member Since Sep 28, 2015   9 posts
Nov 27, 2015 at 09:40
Congrats to all participants!

From a professional perspective, I'd like to see a contest where the winners are determined by their gain to drawdown ratio. Some people have huge drawdowns - eg. WasimKhattak with 99.9% drawdown. There is a fine balance between gain and risk which successful traders have.
Trigger Ready™
Member Since Apr 13, 2012   23 posts
Nov 27, 2015 at 12:29
TradeFyre posted:
Congrats to all participants!

From a professional perspective, I'd like to see a contest where the winners are determined by their gain to drawdown ratio. Some people have huge drawdowns - eg. WasimKhattak with 99.9% drawdown. There is a fine balance between gain and risk which successful traders have.
Can't agree more .
Trading for a "LIVING"
Member Since Aug 19, 2015   15 posts
Nov 27, 2015 at 12:29
Hi. Last few hours left for the contest to end..... THIS COULD BE A GAME CHANGER ... THE EXCITEMENT IS IN THE AIR. The contest will end today when the market closes.... Good luck to ALL...
Member Since Sep 28, 2015   9 posts
Nov 28, 2015 at 11:43
For your information, the contest will end in 12 hours when NY closes, not now. The contest is still on! Trade on!
Trigger Ready™
Member Since Mar 01, 2013   582 posts
Nov 28, 2015 at 11:47
total registered: 140
total people traded: 56
total people not traded: 84
total people with profit: 13
total people with loss: 43

😄
Never Give Up or Give In To The Market
Member Since Mar 01, 2013   582 posts
Nov 28, 2015 at 16:37
Congrats to all who participated.
Never Give Up or Give In To The Market
Member Since Mar 01, 2013   582 posts
Nov 28, 2015 at 16:37
I think there is a lagg when messages are posted.

I closed my position minutes before the countdown is up, I wish it was announced that it will end till market closes, I would have left my trades opened.
Never Give Up or Give In To The Market
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