Contest - mydad (By mydad)

Gain : -96.24%
Drawdown 99.14%
Pips: 20630.2
Trades 10
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Unknown

Contest - mydad Discussion

Jun 17, 2011 at 20:50
1,376 Views
14 Replies
Member Since May 10, 2010   382 posts
Jul 07, 2011 at 15:49
the next with ITA40 trades on rank 1... come on, this cant be happen by incident..😲
Member Since Apr 30, 2010   18 posts
Jul 07, 2011 at 15:53
I prepared already beer and popcorn and ready for show :)
Member Since Jun 23, 2011   16 posts
Jul 07, 2011 at 18:00

neodix posted:
    I prepared already beer and popcorn and ready for show :)

How is the show ???????????
Member Since Feb 27, 2010   71 posts
Jul 08, 2011 at 09:42
This is god damn ridiculous, i thought this was a forex competition why are people tradign stock indexes... this is fucking unfair...
Member Since Jun 15, 2010   1 posts
Jul 08, 2011 at 09:45

bguguen posted:
    This is god damn ridiculous, i thought this was a forex competition why are people tradign stock indexes... this is fucking unfair...

totally agree :D
Member Since Jun 17, 2011   1 posts
Jul 08, 2011 at 11:20
The contest administrator stated that all instruments in the platform are tradable
Sensei
forex_trader_9686
Member Since Apr 02, 2010   11 posts
Jul 08, 2011 at 11:39

bguguen posted:
    This is god damn ridiculous, i thought this was a forex competition why are people tradign stock indexes... this is fucking unfair...

You CAN trade it also you know. 🙄
Splexin
forex_trader_33781
Member Since Apr 11, 2011   202 posts
Jul 08, 2011 at 18:11
No losing trades? Nice. 😄
Splexin
forex_trader_33781
Member Since Apr 11, 2011   202 posts
Jul 08, 2011 at 18:16 (edited Jul 08, 2011 at 18:19)

bguguen posted:
    This is god damn ridiculous, i thought this was a forex competition why are people tradign stock indexes... this is fucking unfair...

No, this is not a forex competition, even though it was advertised as such. Heck, FXCM is a FOREX broker. Their name stands for Forex Capital Markets. But noooooo just because FXCM is a forex broker and just because My'FX'Book is a website just for forex, and just because 95% of the people here have NEVER traded index-- doesn't mean that this is a forex contest 😉 Muahahahahaha! 😇 😇 😇 😇 😇

But mydad is right.....Jason from FXCM said that any instrument on the platform was game. I just wish I had known all this BEFORE the contest started, maybe then I would have a chance 😑

In the meantime let's cheer on those winning 😁
Member Since Jun 22, 2011   1 posts
Jul 08, 2011 at 19:05
Heck, I just tried a few index trades, not for me really. The guys trading the Italian index were paying attention today on the back of the mess over there due to stress testing, as an index trader it would have been a no-brainer really.

Good for them for finding the opportunity today, won't last though.
Member Since Sep 02, 2009   8 posts
Jul 09, 2011 at 04:26
Well.. I blow my account from ITA :(((
Member Since Nov 16, 2010   2 posts
Jul 10, 2011 at 23:07
Check at me for next week. You seen nothing yet MYDAD. I got to tweak my settings and now I'm back on the road. Good luck to all of you guys... (let's keep minded on the game) ;-)
Trend is your friend is a false data...
Splexin
forex_trader_33781
Member Since Apr 11, 2011   202 posts
Jul 10, 2011 at 23:20 (edited Jul 10, 2011 at 23:21)

Oblivian posted:
    Check at me for next week. You seen nothing yet MYDAD. I got to tweak my settings and now I'm back on the road. Good luck to all of you guys... (let's keep minded on the game) ;-)
If you're in Canada as your profile says, man, don't waste another minute on this contest.

Jason from FXCM stated in the Contest Questions thread that Canada residents weren't eligible.

(See below)
-------------------------------------------------------
jasonrogers posted:
    
Staff posted:
    Hi Everyone,

We had several questions about the upcoming contest, so if you have any, please post it here and Jason Rogers from FXCM will be sure to answer.

Jason, here are already asked questions:
- Can the winner withdraw the $3000 or $2000 at once? if not, then when? I do not find any information about withdraw rules. Can you clarify?
- Are users from BC(Canada) can participate?
- Is this competition to be run using NFA rules or UK trading rules?
- Are EA's allowed?
- Is there a max number of lots allowed per trade?
- Is there a max leverage allowed?
- Is there a max number of trades allowed simultaneously?

Thanks!

Hi Ethan,

Here are the answers to some of the questions, we should have more details on the rest tomorrow:

- Are users from BC(Canada) can participate?
Users from BC (Canada) would not be eligible unfortunately since the contest prize is an FXCM trading account with the funds already deposited, and FXCM UK is unable to open accounts for traders in British Columbia.

- Are EA's allowed?
Yes! EA's are allowed.

- Is there a max number of lots allowed per trade?
You can open as many lots as you want, considering of course you have the margin necessary to open the position(s).

- Is there a max number of trades allowed simultaneously?
You can have any number of trades running simultaneously

Cheers,

Jason
Member Since Apr 22, 2010   27 posts
Jul 11, 2011 at 00:51

Splexin posted:
    
Oblivian posted:
    Check at me for next week. You seen nothing yet MYDAD. I got to tweak my settings and now I'm back on the road. Good luck to all of you guys... (let's keep minded on the game) ;-)
If you're in Canada as your profile says, man, don't waste another minute on this contest.

Jason from FXCM stated in the Contest Questions thread that Canada residents weren't eligible.


Only people from BC aren't eligible, the rest of Canada can participate as they wish. BC has different financial regulations.

Never trade for the sake of trading. Instead, wait for the trades where you have a clear advantage and exploit it.
Splexin
forex_trader_33781
Member Since Apr 11, 2011   202 posts
Jul 11, 2011 at 00:56 (edited Jul 11, 2011 at 01:13)

marty posted:

Only people from BC aren't eligible, the rest of Canada can participate as they wish. BC has different financial regulations.


Oh ok. Really? Hmmm that's interesting. Thanks for the correction! 😁
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