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Discussion of the Forex Contest Squared Financial Forex Contest
Mitglied seit Sep 22, 2014
2 Posts
Jan 27, 2015 at 15:29
Mitglied seit Jan 16, 2012
1 Posts
TobiasJonsson posted:
3rd place.
Dear Don a.k.a 240Z
You will have to adjust your EA based on 50k capital and 200: 1 leverage.
iF YOU GO OVER RULES FROM BOTTOM UPWARDS you will locate the leverage rule as below . See ALSO the link below
. Each participating demo account starts with a $50,000 balance and a 200:1 leverage
Good LUCK
solomon_k
Mitglied seit Aug 29, 2011
62 Posts
Mitglied seit Aug 29, 2011
62 Posts
Jan 27, 2015 at 15:37
Mitglied seit Aug 29, 2011
62 Posts
240Z posted:
have a question, would like to know where we can find the margin settings for Squared Financial ? would be nice to know before contest so adjustments to EAs can be made. could not find this information on Squared Financial web site.
When you signed up all accounts are set at 100:1
You will never go broke by taking profits
Mitglied seit Aug 29, 2011
62 Posts
Jan 27, 2015 at 21:21
Mitglied seit Aug 29, 2011
62 Posts
eliottmorst posted:
I don't like the idea of EA's in these sort of contests.
me neither the only reason i won last year with oanda was because i was familiar with the fxtrade platform and i traded a manual method.
You will never go broke by taking profits
Jan 27, 2015 at 21:24
Mitglied seit Sep 05, 2013
49 Posts
leverage does not equal margin requirements. margin is the capital the is required to open a trade. different brokers different margin requirements. you guys should know this stuff.
“Everybody should have a dream. What if that dream comes true?” – Jack Ma
Mitglied seit Dec 25, 2013
1 Posts
Jan 28, 2015 at 07:45
Mitglied seit Dec 25, 2013
1 Posts
vrelish posted:forexmaxims posted:
I withdrew my 3k when i won 1st place last year. But then again oanda is an outstanding broker.
Good to hear. Do you have any advice to novice man like me who just know to place order buy or sell??😐
You still have some time, so my advice : only trade WITH the trend and learn how to work with Fibonacci retracements !!! You can find lots of videos on YouTube explaining them. Then your entry and profit are esay to determine. Try that, but I'm not going to give ALL my secrets away, LOL.
Happiness is being able to do what you want, when you want to do it, where you want to do it and whom you want to do it with.
Jan 28, 2015 at 08:26
(bearbeitet Jan 28, 2015 at 08:27)
Mitglied seit Aug 24, 2010
21 Posts
TheMoneyWizz posted:vrelish posted:forexmaxims posted:
I withdrew my 3k when i won 1st place last year. But then again oanda is an outstanding broker.
Good to hear. Do you have any advice to novice man like me who just know to place order buy or sell??😐
You still have some time, so my advice : only trade WITH the trend and learn how to work with Fibonacci retracements !!! You can find lots of videos on YouTube explaining them. Then your entry and profit are esay to determine. Try that, but I'm not going to give ALL my secrets away, LOL.
So what do *you* define as "the trend"? I ask because the term is tossed about so frequently, but in reality it's very subjective/relative to ones persepctive and thus, nearly meaningless or at least very liable to misunderstanding when given as advice to another, unless one also defines ones point of reference. (No offence intended! :) )
Jan 28, 2015 at 15:45
Mitglied seit Jan 24, 2015
34 Posts
TheMoneyWizz posted:vrelish posted:forexmaxims posted:
I withdrew my 3k when i won 1st place last year. But then again oanda is an outstanding broker.
Good to hear. Do you have any advice to novice man like me who just know to place order buy or sell??😐
You still have some time, so my advice : only trade WITH the trend and learn how to work with Fibonacci retracements !!! You can find lots of videos on YouTube explaining them. Then your entry and profit are esay to determine. Try that, but I'm not going to give ALL my secrets away, LOL.
Fibonacci is useless, you might as well toss a coin.
Mitglied seit Jan 09, 2015
1 Posts
Jan 29, 2015 at 07:29
Mitglied seit Jan 09, 2015
1 Posts
idallium posted:forexmaxims posted:
I withdrew my 3k when i won 1st place last year. But then again oanda is an outstanding broker.
You have a real account with FXCM in your profile that is -63.03%($7000). How the hell did you win anything.
Seriously! i was going to ask similar question... second thought, this is FX, he might just bounce back...you never know!!! 😎
Effort only fully releases its reward after a person refuses to quit
Mitglied seit Jan 22, 2015
2 Posts
Jan 29, 2015 at 09:03
Mitglied seit Dec 13, 2014
13 Posts
idallium posted:forexmaxims posted:
I withdrew my 3k when i won 1st place last year. But then again oanda is an outstanding broker.
You have a real account with FXCM in your profile that is -63.03%($7000). How the hell did you win anything.

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