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Discussion of the Forex Contest Squared Financial Forex Contest
Miembro desde Jan 16, 2015
posts 1
Feb 05, 2015 at 21:03
Profit more than 10,000.00% in 4 days with USD 50,000 ......no body in the world can ever make ...except = 1. cheating ...2. magician.....3. God....4. ???????
Feb 05, 2015 at 21:03
sanjoykumarrroy posted:visakha posted:
This type of contest not good for real talented traders.I have some specifications for all contest
IF ANY ONE SUPPORT ME.PLZ GIVE ME THE REPLAY
I agree to you. Else no need to have contests.
I strongly agree. Broker and contest moderator should consider it.
forex_trader_208553
Miembro desde Sep 22, 2014
posts 6
Feb 05, 2015 at 21:05
looking at some of the comments I can't see how anyone can benefit from this competition, if the strategy's can't be implemented in the real world, and I would think that instead of promoting the broker, it will damage their image, if they can't host a meaningful competition.
Feb 05, 2015 at 21:05
Only 5% of traders make money - so if you can get in the top 5% in the contest against these arbitrage systems then you can be pretty comfortable that your strategy is good and likely to yield some form of consistant profit - IF you can trade real account the same way as a demo account!!
Feb 05, 2015 at 21:06
What is wrong with my vocabulary, I am British born and raised, my father is Greek, you are an embarrassment to Greeks everywhere, nothing but a con man, the reason you have no words is because there is no argument, you know that you are nothing but a petty con man, nothing you can do, apart from releasing the source code to your EA to prove how it works will make this ok.
I am a programmer myself, IF YOU RELEASE THE SOURCE CODE, or at least did not try to sell your EA then we might believe that you are legit, but as it stands you are a con man, ruining a contest to advertise his ea for profit.
I some how doubt you will release the source code, because then it will be 100% proof that you are a dirty con man.
Screen shots of account statements and MT4 terminal , stories about friends and all that other shit do not prove anything.
I am a programmer myself, IF YOU RELEASE THE SOURCE CODE, or at least did not try to sell your EA then we might believe that you are legit, but as it stands you are a con man, ruining a contest to advertise his ea for profit.
I some how doubt you will release the source code, because then it will be 100% proof that you are a dirty con man.
Screen shots of account statements and MT4 terminal , stories about friends and all that other shit do not prove anything.
Miembro desde Jan 24, 2013
posts 1
Feb 05, 2015 at 21:08
Can someone help, I am trading with credentials received from myfxbook, but myfxbook is showing message that your rank is 0 and you have not traded yet.
Feb 06, 2015 at 13:09
List of cheaters in top 10 ranking !!!! 5 out of 10 are cheaters ! what a shame ! hope the management team disqualify them very soon .
Update the list if you found new one ! :D
Pannik
mark2929
raulgherma
dragon13
Brocker
Metathron2
Selim1029
uddin
Update the list if you found new one ! :D
Pannik
mark2929
raulgherma
dragon13
Brocker
Metathron2
Selim1029
uddin
Swing with professional passion.
Feb 06, 2015 at 13:09
idallium posted:
What is wrong with my vocabulary, I am British born and raised, my father is Greek, you are an embarrassment to Greeks everywhere, nothing but a con man, the reason you have no words is because there is no argument, you know that you are nothing but a petty con man, nothing you can do, apart from releasing the source code to your EA to prove how it works will make this ok.
I am a programmer myself, IF YOU RELEASE THE SOURCE CODE, or at least did not try to sell your EA then we might believe that you are legit, but as it stands you are a con man, ruining a contest to advertise his ea for profit.
I some how doubt you will release the source code, because then it will be 100% proof that you are a dirty con man.
Screen shots of account statements and MT4 terminal , stories about friends and all that other shit do not prove anything.
Bro,
I just leave the contest and don't want to waste my time for this. Such things to discuss is not worth.
Cheers!
Minh
be humble,wise and thanks the Lord for every pip you get and try to keep it!
Feb 06, 2015 at 13:10
Arjunajogja posted:
Profit more than 10,000.00% in 4 days with USD 50,000 ......no body in the world can ever make ...except = 1. cheating ...2. magician.....3. God....4. ???????
4. Because the prizes must go to certain persons.
MT4 demo can be manipulated easily.
Cheers!
Minh
be humble,wise and thanks the Lord for every pip you get and try to keep it!
Feb 06, 2015 at 13:11
Come on people...everyone with any experience knows that these contests are not a good measure of the "best real life trader". Even without automated trading, the winners of these contests always trade massive risk that they would likely never take on with a real account. But on the flip side, even though you could have a "no robots" contest, you can't really start putting limits on risk per trade etc "to make it more like real trading"...because the fact is, someone COULD trade with maximum leverage in real life if they wanted to. George Soros didn't make a name for himself by never risking more than 2% per trade.
The way I see it, the only way to make it a better measure of real life trading skill would be to make the contests much longer, say a year long...and ban EA's. I've heard of contests like this but never seen one here or participated in one.
All of this is moot however, as the whole point of these contests is for brokers to advertise their services and get new clients. They aren't interested in who is the "best" trader.
The way I see it, the only way to make it a better measure of real life trading skill would be to make the contests much longer, say a year long...and ban EA's. I've heard of contests like this but never seen one here or participated in one.
All of this is moot however, as the whole point of these contests is for brokers to advertise their services and get new clients. They aren't interested in who is the "best" trader.
Feb 06, 2015 at 13:13
Dungard posted:
I prefer a complete stop of the contest. Change the rules, reset all and start it again.
Yes totally agree there is no equal ground playing field. I saw last contest & found last contest held by squared financial has same result but other contest has maximum 3500-5000% winning..
vivekrelish@
Miembro desde Jan 25, 2013
posts 11
Feb 06, 2015 at 13:14
I set my scalper EA as what pannik have been doing with his ea. although is not that fast. pannik EA is supersonic fast.
https://www.myfxbook.com/members/edwinfrezco/contest-edwinfrezco/1133747
https://www.myfxbook.com/members/edwinfrezco/contest-edwinfrezco/1133747
trading is not just how to turn $1 to $1000 but how to keep $ 1000 up and not to turn it to $1
Miembro desde Dec 29, 2014
posts 1
Feb 06, 2015 at 13:16
I trade manually and I have made 43% till now. I don't like EA and I don't use EA. I have seen one EA that can make 10k to 100k everyday easily without any risk no draw down but interesting that EA never work in real account only work in demo.
