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Discussion of the Forex Contest GDMFX Forex Contest
Feb 23, 2017 at 15:39
well trained, all you need to is take a look at his trades in the contest, it then will be obvious what he is doing, he is scalping huge lots for a few pips, nothing that really requires alot of trading skills and not sustainable in the long term in a live account!
tell him to share his live account :P
tell him to share his live account :P
You can always get back in!
Feb 23, 2017 at 15:41
Croco_Dile posted:Rigor posted:
my brain refuses to understand 4000% in three days.
That's the reality of a Demo contest ! 😂 😇 😀 😲
It will never change.....
Look at the 2 Live contests from last year. It was totally different.
Even though the last one ended in a very suspicious way because 2 Supermen came in 4 days befor the end and just exploded their accounts. Some commentes suggested that was staged by the broker and the traders were not real..... for not to pay the prices to real traders..... Who knows !
Enjoy the CRAZYNESS of a Demo contest !
LOL
He has open 875 lots, only the margin needed to open that lot amount, exceeds the money he has in the account ...
Risk comes from not knowing what you're doing.
Miembro desde Mar 29, 2016
posts 5
Feb 23, 2017 at 15:43
Rigor posted:Croco_Dile posted:
2.000+% by Weinstein in just 3 days is fantastic !
He would be a goldmine for the broker with over 100 trades per day and -$16395.03 commissions by day 3,5, were it all real money.
Look how much $7 per Lot can generate for the broker !
Should Weinstein be able to stay in the contest and not crash, then the total commission generated will sure exceed 1,5 MILLION...... in a period of 18 trading days ! .... just by one guy !
All of us should switch to the broker side 😇
LOL
my brain refuses to understand 4000% in three days.
He made a huge gamble, and it paid off. If you really wanted to game this competition, you would have created 5-6 accounts using different emails, make crazy bets, hope for one account to hit a high % return, then stop trading. Just a numbers game. But his hope of being a profitable trade in the long run? Near zero I would say.
That being said, there's a chance that person is actually a profitable trade in his real accounts, just that he doesn't take that kind of risks on a daily basis.
Never resist the markets
Feb 23, 2017 at 15:47
rrram2 posted:
well trained, all you need to is take a look at his trades in the contest, it then will be obvious what he is doing, he is scalping huge lots for a few pips, nothing that really requires alot of trading skills and not sustainable in the long term in a live account!
tell him to share his live account :P
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Feb 23, 2017 at 15:53
Rigor posted:Croco_Dile posted:
2.000+% by Weinstein in just 3 days is fantastic !
He would be a goldmine for the broker with over 100 trades per day and -$16395.03 commissions by day 3,5, were it all real money.
Look how much $7 per Lot can generate for the broker !
Should Weinstein be able to stay in the contest and not crash, then the total commission generated will sure exceed 1,5 MILLION...... in a period of 18 trading days ! .... just by one guy !
All of us should switch to the broker side 😇
LOL
my brain refuses to understand 4000% in three days.
Brain is useful at the beginnings... When you gain knowledge.
Feb 23, 2017 at 15:55
jsoh85 posted:Rigor posted:Croco_Dile posted:
2.000+% by Weinstein in just 3 days is fantastic !
He would be a goldmine for the broker with over 100 trades per day and -$16395.03 commissions by day 3,5, were it all real money.
Look how much $7 per Lot can generate for the broker !
Should Weinstein be able to stay in the contest and not crash, then the total commission generated will sure exceed 1,5 MILLION...... in a period of 18 trading days ! .... just by one guy !
All of us should switch to the broker side 😇
LOL
my brain refuses to understand 4000% in three days.
He made a huge gamble, and it paid off. If you really wanted to game this competition, you would have created 5-6 accounts using different emails, make crazy bets, hope for one account to hit a high % return, then stop trading. Just a numbers game. But his hope of being a profitable trade in the long run? Near zero I would say.
That being said, there's a chance that person is actually a profitable trade in his real accounts, just that he doesn't take that kind of risks on a daily basis.
IP tracking.
Gamblers in casino.
Trading is not a zero sum game.
There is no risk.
Feb 23, 2017 at 15:57
Weinstein posted:Rigor posted:Croco_Dile posted:
2.000+% by Weinstein in just 3 days is fantastic !
He would be a goldmine for the broker with over 100 trades per day and -$16395.03 commissions by day 3,5, were it all real money.
Look how much $7 per Lot can generate for the broker !
Should Weinstein be able to stay in the contest and not crash, then the total commission generated will sure exceed 1,5 MILLION...... in a period of 18 trading days ! .... just by one guy !
All of us should switch to the broker side 😇
LOL
my brain refuses to understand 4000% in three days.
Brain is useful at the beginnings... When you gain knowledge.
1 lot = 500 dollars margin, 875 lots = 437,500 dollars margin, the rest I do not care, but if I try to enter 100 lots, I do not allow it, for lack of funds, somehow you can enter the lot You feel like it
Risk comes from not knowing what you're doing.
Feb 23, 2017 at 15:57
jsoh85 posted:Rigor posted:Croco_Dile posted:
2.000+% by Weinstein in just 3 days is fantastic !
He would be a goldmine for the broker with over 100 trades per day and -$16395.03 commissions by day 3,5, were it all real money.
Look how much $7 per Lot can generate for the broker !
Should Weinstein be able to stay in the contest and not crash, then the total commission generated will sure exceed 1,5 MILLION...... in a period of 18 trading days ! .... just by one guy !
All of us should switch to the broker side 😇
LOL
my brain refuses to understand 4000% in three days.
He made a huge gamble, and it paid off. If you really wanted to game this competition, you would have created 5-6 accounts using different emails, make crazy bets, hope for one account to hit a high % return, then stop trading. Just a numbers game. But his hope of being a profitable trade in the long run? Near zero I would say.
That being said, there's a chance that person is actually a profitable trade in his real accounts, just that he doesn't take that kind of risks on a daily basis.
account managed by the robot.
I would look into the eyes of the robot ..))
Feb 23, 2017 at 16:02
Rigor posted:Weinstein posted:
Brain is useful at the beginnings... When you gain knowledge.
With such luck does not participate in the demonstration competitions ..))
You must be a very rich man ..)
There comes a point where money has no real utility.
Miembro desde Jan 08, 2016
posts 276
Feb 23, 2017 at 16:11
Weinstein posted:
IP tracking.
Gamblers in casino.
Trading is not a zero sum game.
There is no risk.
Weinstein, you really need a good avatar !
Don't be faceless.....
Good luck in trading ! Your live account looks really good ! 😎
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Feb 23, 2017 at 16:37
(editado Feb 23, 2017 at 16:46)
Croco_Dile posted:Weinstein posted:
IP tracking.
Gamblers in casino.
Trading is not a zero sum game.
There is no risk.
Weinstein, you really need a good avatar !
Don't be faceless.....
Good luck in trading ! Your live account looks really good ! 😎
Indeed.
Thank you!
Feb 25, 2017 at 17:55
GDMFX posted:williamh1104 posted:
Can you provide a snapshot of what my margintoleranves were at that moment? Because I'd like to understand visually what occurred specific to my equity/margin ratio. I have trouble envisioning how I had a drawdown of plus $7k, because my equity was $14.9k. Also what time in the day does this rule apply? Is this any time during the day or just 4:40am est?
Hello. Please contact our Support team directly via the online chat on www.gdmfx.com.
Im sorry.
why my lots were closed, leaving a balance of $ 7400?
This is normal?
Miembro desde Nov 13, 2016
posts 2
Feb 25, 2017 at 17:58
Weinstein, maintaining and sustaining your pace of trading for this period of competition will automatically makes you a genius and a lucky, unimaginable, high risk taker. Your trading strategies must be one of the best I have ever witnessed via contests.
Feb 25, 2017 at 18:05
Weinstein, please, could you answer one question?
Why do you even bother to trade in a contest with a 4000 USD prize when you have over 5000 % return on your real portfolio?
Plus, where in the screenshow can we see that its actually a real account and not a fake one?
Why do you even bother to trade in a contest with a 4000 USD prize when you have over 5000 % return on your real portfolio?
Plus, where in the screenshow can we see that its actually a real account and not a fake one?
