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Hi ChamChoun:-).......Congratulation to 12k% in just 65 trades,its genius !
I made only to 1k% in a day,but not consistent inoff:-)
About Broker's.....my is Thinkforex sins 4 jears(Live) with low spread,up to 1:500,no desc dealing,etc.
What all Broker's will do,if you trade with Windows PC,they will block and freeze PC at important quick movements. I get best results with Ipad for placing Trades at these critical times,minwhile using PC to monitor Charts:-)
wontuno posted: Drawdown: 52.56%, Gain +4587.86% with 2,912 lots - 334.1 pips?? I don't think he is doing well. In real circumstances of course :)
agree on this. entering 300 lots for 3-4 pips. that`s churning, not trading. only proper trades he had were at the begging. this is gambling. after I saw what is going on here I quit this contest . however, the prize goes to the highest balance, the way you trade does not really matter. for me - forex is trading , not gambling. I would not give him $100 of my money to trade the way he trades this contest.
@ilicFX you are wrong. what makes you a good trader is not by spending the whole day trading. If your strategy is scalping and u make money then good. Remember we all trade to make money not for one kind of stereotype idea that trading must be by spending the whole day . Know your strategy and if it works for u continue if it doesn't ask the expert
By the way this TENKO broker looks very bad. Could not start the contest on time coz it won t take my password. Today , markets opened 7 hours ago and even if i logged in, i got no cottations, and nothing is moving.....
About your 100 usd. You will need this money .for me if i have pamm account i don t accept. 100 usd . And i trade just in my account.
you did not get the point about '$100'. means, if your offer to trade other people money like you trade this contest - I would avoid you. means that I don`t trust that, the way you trade this contest will make me money long term. so , from my point of you - this 3-4 pips trades are gambling without plan. this can hardly be considered as scalping. means that I would not risk even $100 in your extremely high risk way of trading.
you are here, like every one is, to win the prize. so go for it.
btw, I`m far from beginner, after 7 yrs of trading and almost 5 yrs of managing investors money. I don`t need lessons . chose your words better next time.
I think everyone want to be in top 3 to get the rewards... we are here to compete and learn... everyone has its own strategies in trading... the most important in trading is to make profits... which ever strategies make money with less losses, it is good enough... let's not fight over such matters... let's enjoy the contest and do your best to win the top 3 places...
bryancyp posted: I think everyone want to be in top 3 to get the rewards... we are here to compete and learn... everyone has its own strategies in trading... the most important in trading is to make profits... which ever strategies make money with less losses, it is good enough... let's not fight over such matters... let's enjoy the contest and do your best to win the top 3 places...
let's enjoy the contest and do your best to win the top 3 places...
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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