Contest - neodix (By neodix)

Gain : -99.99%
Drawdown 100.00%
Pips: -29348.4
Trades 59
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Manual

Contest - neodix Discussion

Jun 21, 2011 at 20:37
753 Views
5 Replies
Member Since Apr 30, 2010   18 posts
Jul 07, 2011 at 08:37 (edited Jul 07, 2011 at 08:59)
Index trading messing up everything.
The problem is not in a possibility to trade indexes, but in margin requirement for them.
Having 50:1 leverage for FX pairs only would make this contest much more interesting.
Rinnzler
forex_trader_39167
Member Since Jun 15, 2011   2 posts
Jul 07, 2011 at 10:12
I also agree that this index margin requirements and 1 point value is sick coz if it could be possible to open more than 500lots (max possible for account) after open that position you insteadly get a MarginCall and account under 0 :D:D
Member Since Apr 30, 2010   18 posts
Jul 07, 2011 at 11:37
yep, what's the point to make a contest with leverage 50:1 for FX pairs, when you can trade indexes with so little margin price?
For FX traders it's more difficult to compete with index traders. Give 400:1 leverage to FX pairs and you will see who rocks here:)
Member Since Oct 03, 2010   3 posts
Jul 07, 2011 at 11:57
it may work in favor of the fx traders, if the index traders blow their accounts before they even reach the end... it's been known to happen ;)
Member Since Apr 30, 2010   18 posts
Jul 07, 2011 at 12:08
And yes and no.. simple probability against us :)
from 1000 traders at least 1% can make a few killings in a row, which would end up with a 'standard' 1000% profit at the end of the contest :)

uuh, enough worries, let's just trade..
Rinnzler
forex_trader_39167
Member Since Jun 15, 2011   2 posts
Jul 07, 2011 at 12:20
Personally I'm trading on fx market but in this situation when I saw that top players trading indexes I started trading them also. This is specification of the contest... participant searching for market giving him maximum profit in short time risking almost all... So if you want to win start to analize indexes... Oh... and one more thing... One bad decision and indexes players are out of this game :P
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