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Contest - BALLZTRADER (By BALLZTRADER )

Gain : -99.9%
Drawdown 100.00%
Pips: -244.6
Trades 131
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Unknown

Contest - BALLZTRADER Discussion

ghi001
Mar 16 2011 at 09:19
45 posts
As there are no real rules regarding this in the contest, just SAY CONGRATzZZZzzz :)

ghi001
Mar 16 2011 at 09:21
45 posts
fxandme (fxandme)
Mar 16 2011 at 10:20
17 posts
I was wondering why other participants are so much concerned about Lot sizes and trying to compare it with Real account. This is just a competition and everyone has a choice of selecting huge lots. Suppose if Ballztrader would have wiped out his account using these huge lots how many of you would be shouting here ??
Still 2 weeks are left ... Get back to trading and winning .. cheers ... !!!! Best of Luck to everyone.

mothaya
Mar 16 2011 at 10:51
32 posts

ghi001 posted:
    BTW: ALAPRI > MAXIMUM OPEN POSITION NO LIMITS look:
https://www.alpari.co.uk/en/trading_accounts/account_comparison_table.html

so possible !!!


Yes it is possible

mothaya
Mar 16 2011 at 10:57
32 posts
fxandme posted:
    I was wondering why other participants are so much concerned about Lot sizes and trying to compare it with Real account. This is just a competition and everyone has a choice of selecting huge lots. Suppose if Ballztrader would have wiped out his account using these huge lots how many of you would be shouting here ??
Still 2 weeks are left ... Get back to trading and winning .. cheers ... !!!! Best of Luck to everyone.


You are correct my friend

xcalibur (xcalibur)
Mar 16 2011 at 13:42
44 posts
my advice to you is to stop trading this account and you will win the competition

I mean business and i mean it
Kurdy
Mar 16 2011 at 13:50
3 posts

xcalibur posted:
    my advice to you is to stop trading this account and you will win the competition


the same advice

ghi001
Mar 16 2011 at 18:23
45 posts
Moree and moreee, competition mind :)

BALLZTRADER
Mar 16 2011 at 19:01
3 posts
The market is so erratic now because of this yen story. It fell below 80 though many investment banks had been been saying it would not.

ghi001
Mar 16 2011 at 20:59
45 posts
managedfx
Mar 16 2011 at 22:52
7 posts
The market has known for months that there were some massive option-related stop-losses below the previous lows at 79.75 and unfortunately those losses were triggered at the most illiquid time of the day, NY close/Sydney open. The market probably moved 3 times more than would have been the case were both Europe and NY in full flow.

Clearpaper
Mar 16 2011 at 23:59
95 posts
A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down.

andiforexone
Mar 17 2011 at 00:29
2 posts
wowwwwwww....
one day in top and one day buttom

Nathan L (jimmyneutron88)
Mar 17 2011 at 02:44
12 posts
don't know what buttom means but yes, unlucky

Gotta make that cash money bitchez
andiforexone
Mar 17 2011 at 03:07
2 posts

jimmyneutron88 posted:
    don't know what buttom means but yes, unlucky

sorry I mean bottom 😀

Nathan L (jimmyneutron88)
Mar 17 2011 at 04:13
12 posts
ah hah. of course. Eh, bringing me that much closer to No. 1, just need a few more people to off themselves in the top 20.. Hmmm

Gotta make that cash money bitchez
Tony Manso (amelabs)
Mar 17 2011 at 05:25
67 posts
What gap? This dude lost his money fair and square. That's what you get when you have 5 open trades of 1000 lots each and get a margin call. I guess the stopout level must be 100% or even more.
Clearpaper posted:
    A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down.


RahmanSL
Mar 17 2011 at 09:09
209 posts
'...ah hah. of course. Eh, bringing me that much closer to No. 1, just need a few more people to off themselves in the top 20.. Hmmm...'

Weeelllll, I just need 869 competitors to screwed up BAD to make me number 1 : )

aj901512 (aj901512)
Mar 17 2011 at 09:41
60 posts
RahmanSL posted:


Weeelllll, I just need 869 competitors to screwed up BAD to make me number 1 : )


😁

Clearpaper
Mar 17 2011 at 10:01
95 posts

amelabs posted:
    What gap? This dude lost his money fair and square. That's what you get when you have 5 open trades of 1000 lots each and get a margin call. I guess the stopout level must be 100% or even more.
Clearpaper posted:
    A little scary how you would now owe the broker $129,247.31. One would think a margin call would be initiated regardless of a gap down.



I'm not stating that the loss was unfair. And it was likely there was no stoploss set.
The only way you can end up with a negative balance is that there was no price available at the point when the margin call had to be activated, i.e. gap.

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