To use chat, please login.
Back to contacts

Contest - ForexPro (By ForexPro )

Gain : -9.88%
Drawdown 28.78%
Pips: -38.5
Trades 109
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Unknown

Contest - ForexPro Discussion

Del (horse1bun)
Jul 08 2011 at 11:42
70 posts
hey do you think these guys are exploiting a delay in price feeds or something? or just good at trading that particular one... looks pretty shady to me?
go with the flow; just be on the right end of the wave
ForexPro
Jul 08 2011 at 15:26
382 posts
Are you talking about my trading or about the ITA40 trader gang?
Del (horse1bun)
Jul 08 2011 at 19:45
70 posts
the ITA40 gang
go with the flow; just be on the right end of the wave
ForexPro
Jul 09 2011 at 00:55
382 posts
well, I dont know and I dont care. In real live account they will fail with their trading style..😈
apaschea
Jul 09 2011 at 01:54
2 posts
I don't get it why is the ita40 so easy to rack up pips. If I traded the Dow jones it woulnt be so volatile. Don't really see how these guys are making that much in indexes
marty
Jul 09 2011 at 08:25
27 posts

apaschea posted:
    I don't get it why is the ita40 so easy to rack up pips. If I traded the Dow jones it woulnt be so volatile. Don't really see how these guys are making that much in indexes

Are you kidding? This is called momentum/trend and news trading.

Look up the latest international news about Italy's economy... they are simply playing the negative sentiment in that index, while risking a lot in hopes of a big payout, and it's working well for them. It won't last forever, and many accounts in this contest have blown up trying to do the same.

I say congrats to them for staying atop of current events and profiting from it...
Never trade for the sake of trading. Instead, wait for the trades where you have a clear advantage and exploit it.
Please login to comment .