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Discussion of the Forex Contest Squared Financial 2014 Forex Contest
Mitglied seit Dec 26, 2013
2 Posts
Aug 04, 2014 at 09:48
Hello,
I can log ok but my account only had 10,000.00 to start with, not 50,000.00 like the rules say.
account number 1634796541.
May you can help me thank you.
Fredaltorn
I can log ok but my account only had 10,000.00 to start with, not 50,000.00 like the rules say.
account number 1634796541.
May you can help me thank you.
Fredaltorn
All
Aug 04, 2014 at 09:49
londontrader posted:
The tortoise wins the race.
Depends. It's only a 30 day race and the #1 trader seems to have a nice scalping system going on. Still plenty of time for traders to rise and traders to fall. Should be interesting.
You've gotta be in it to win it.
forex_trader_95486
Mitglied seit Oct 17, 2012
29 Posts
Aug 04, 2014 at 09:50
Hi Ethan
I just send a report. SF calculated margin (aka margin used incorrectly) I will report the screen grab here for your investigation
NOTE margin used = Lot size * 100,000 * EP / leverage
ONE trade in my contest acct, lot size 37.7 ep=1.34224
margin==> 37.7 * 100,000 * 1.34224 / 200==> 25,301.224 or rounded to 25,301.22
on SF mt4, showed as 25,447.50
I just send a report. SF calculated margin (aka margin used incorrectly) I will report the screen grab here for your investigation
NOTE margin used = Lot size * 100,000 * EP / leverage
ONE trade in my contest acct, lot size 37.7 ep=1.34224
margin==> 37.7 * 100,000 * 1.34224 / 200==> 25,301.224 or rounded to 25,301.22
on SF mt4, showed as 25,447.50
Mitglied seit Apr 25, 2013
28 Posts
Aug 04, 2014 at 12:48
casteffens posted:
How often does the competition portfolio update in MyFxBook.com?
Usually every 5 min.
Vivi vivi vivi !!!
Mitglied seit Jul 18, 2013
1 Posts
Aug 04, 2014 at 12:56
why i can not login yet,,,,
My account number is this,,,1634793492
before contest i received an email that accounts are disabled untill contest starts,,,, and till now i am unable to login,,,,
before i was trying to login from MT4 from iphone,,, but today i downloaded the software from the link provided in email,, but still it says invalid account,,,, can you please sort it out....
My account number is this,,,1634793492
before contest i received an email that accounts are disabled untill contest starts,,,, and till now i am unable to login,,,,
before i was trying to login from MT4 from iphone,,, but today i downloaded the software from the link provided in email,, but still it says invalid account,,,, can you please sort it out....
Aug 04, 2014 at 12:58
mrtodd posted:londontrader posted:
The tortoise wins the race.
Depends. It's only a 30 day race and the #1 trader seems to have a nice scalping system going on. Still plenty of time for traders to rise and traders to fall. Should be interesting.
Believe me or not but london trader has exactlly nailed it. Tortoise does win the race here because of his patience and discipline. Like you see a shift in the top spot for now. They will keep on fighting with there positions like this only. Big wins and big losses.
Mitglied seit Sep 16, 2009
112 Posts
Aug 04, 2014 at 13:05
pkooner posted:mrtodd posted:londontrader posted:
The tortoise wins the race.
Depends. It's only a 30 day race and the #1 trader seems to have a nice scalping system going on. Still plenty of time for traders to rise and traders to fall. Should be interesting.
Believe me or not but london trader has exactlly nailed it. Tortoise does win the race here because of his patience and discipline. Like you see a shift in the top spot for now. They will keep on fighting with there positions like this only. Big wins and big losses.
scalp 0.01 lots see if you will win ...
can the pursuit of wealth be automated?
forex_trader_37185
Mitglied seit May 20, 2011
13 Posts
Aug 04, 2014 at 13:07
Hmmm, well someone just went from 500% to 250%
With any luck the robots will blow up
With any luck the robots will blow up
Mitglied seit Sep 16, 2009
112 Posts
Aug 04, 2014 at 13:08
londontrader posted:
Hmmm, well someone just went from 500% to 250%
With any luck the robots will blow up
yeah noticed that too... i might be in line lol
can the pursuit of wealth be automated?
Aug 04, 2014 at 13:38
kebayamwamba posted:pkooner posted:mrtodd posted:londontrader posted:
The tortoise wins the race.
Depends. It's only a 30 day race and the #1 trader seems to have a nice scalping system going on. Still plenty of time for traders to rise and traders to fall. Should be interesting.
Believe me or not but london trader has exactlly nailed it. Tortoise does win the race here because of his patience and discipline. Like you see a shift in the top spot for now. They will keep on fighting with there positions like this only. Big wins and big losses.
scalp 0.01 lots see if you will win ...
So true, so true. Well I'm near 20% I might be a little too slow of a turtle though...haha
You've gotta be in it to win it.
Mitglied seit Jan 24, 2012
53 Posts
Aug 04, 2014 at 21:24
How do you check the leverage on your account, ie 200:1, is it even possible in MT4 ?
I ask because I've been taken out of a number of trades trying to add positions whilst in a small drawdown, when the max Id be trading would be 6 lots in total over several trades, with say 25 pips against me at worst on the first trade...
But I see some traders going in at 100 to 400 lots...
Anyone offer an insight into how its calculated please
Thanks
I ask because I've been taken out of a number of trades trying to add positions whilst in a small drawdown, when the max Id be trading would be 6 lots in total over several trades, with say 25 pips against me at worst on the first trade...
But I see some traders going in at 100 to 400 lots...
Anyone offer an insight into how its calculated please
Thanks
Mitglied seit Jan 24, 2012
53 Posts
Aug 04, 2014 at 21:30
londontrader posted:
The tortoise wins the race.
Trading is a Horse race rather than a sprint, so agree.....
However the current leaders don't seem to be going with that Philosophy !
There going more "F1" style to the finish line
forex_trader_37185
Mitglied seit May 20, 2011
13 Posts
Aug 04, 2014 at 21:40
ForexMentor posted:londontrader posted:
The tortoise wins the race.
Trading is a Horse race rather than a sprint, so agree.....
However the current leaders don't seem to be going with that Philosophy !
There going more "F1" style to the finish line
You're right. I'm going balls deep on the next trade.
Mitglied seit Dec 26, 2013
2 Posts
Aug 05, 2014 at 06:33
Thank u so much for your answer !!!
It's working now !!!
Unfortunately, I made 1000$ on the 10.000$ account but it was a wrong account !!!
Fortunately, I can start now !!!!!!!!!!!!!!!!!!!!!! :-)
It's working now !!!
Unfortunately, I made 1000$ on the 10.000$ account but it was a wrong account !!!
Fortunately, I can start now !!!!!!!!!!!!!!!!!!!!!! :-)
All
Aug 05, 2014 at 06:40
Does anyone know why Pivots aren't working? Tried inserting pivots that came with mt4 and they don't work correctly.
Here is an example:
Click image
The pivot points don't move with time and according to the levels they are supposed to.
Or else anyone has some other pivots that I can use that are kind of similar? I'm only interested in daily pivots!
Here is an example:
Click image
The pivot points don't move with time and according to the levels they are supposed to.
Or else anyone has some other pivots that I can use that are kind of similar? I'm only interested in daily pivots!
