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Discussion of the Forex Contest GDMFX Forex Contest
Feb 23, 2017 at 09:54
Membre depuis Mar 14, 2013
posts 97
DuongProVNN posted:
how to attend this contest? Thank you
Sign up on http://www.myfxbook.com/contests/forex-contest-gdmfx/38/rules
Membre depuis Jan 09, 2016
posts 2
Feb 23, 2017 at 13:45
Membre depuis Jan 09, 2016
posts 2
GDMFX posted:szacsa68 posted:
hi guys,
how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
Opposite positions' margins cancel out.
Also opening 10 trades in the same second without EA seems like a real challenge 😁
forget stop loss only counter trade
Feb 23, 2017 at 13:47
Membre depuis Mar 07, 2012
posts 5
GDMFX posted:szacsa68 posted:
hi guys,
how could the leader ,with a 10000$ deposit, open 35 lot simultaneous eurusd positions if 1 lot eurusd requires 500$ margin ? Strange ...
Opposite positions' margins cancel out.
OK. I was wrong. He opened only 19 lot without buys. That was very risky but worth it at the end...
Membre depuis Feb 08, 2017
posts 2
Feb 23, 2017 at 13:47
Membre depuis Feb 08, 2017
posts 2
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?
Feb 23, 2017 at 13:49
Membre depuis Mar 14, 2013
posts 97
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.
Feb 23, 2017 at 14:52
Membre depuis Nov 25, 2015
posts 5
pipc posted:
hi guys
can anybody tell me is there a leader board on this contest and if so were do i find it
Thanks......
Not sure if I'm doing this reply thing correctly, but you can see the leader board on http://www.myfxbook.com/contests/forex-contest-gdmfx/38
If you are logged in, it'll also show you your current rank.
The Ratchet Trader - mulos@
Membre depuis Oct 15, 2016
posts 2
Membre depuis Jan 08, 2016
posts 276
Feb 23, 2017 at 15:20
Membre depuis Feb 09, 2017
posts 11
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.
Membre depuis Jan 08, 2016
posts 276
Feb 23, 2017 at 15:32
(édité Feb 23, 2017 at 15:33)
Membre depuis Jan 08, 2016
posts 276
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 commenters 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
Complexity is expensive, inefficient, and ineffective > Crocodile trading

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