Discussion of the Forex Contest GDMFX Forex Contest

Feb 06, 2017 at 11:24
Vues 23,666
520 Replies
Membre depuis Apr 28, 2016   posts 2
Mar 02, 2017 at 07:53
Hello, I'm entering contest a little late but could someone help me figure out how to even execute a trade through this account?? Do I login through mt4? or is there a way through myfxbook? Asked support at myfxbook but still no response. Not really a noob question, I just don't even know where to find my login number for the account if it is through MT4. Thanks
madrid.aaron@
Membre depuis Mar 14, 2013   posts 97
Mar 02, 2017 at 07:59
MrSystem posted:
Hello, I'm entering contest a little late but could someone help me figure out how to even execute a trade through this account?? Do I login through mt4? or is there a way through myfxbook? Asked support at myfxbook but still no response. Not really a noob question, I just don't even know where to find my login number for the account if it is through MT4. Thanks


Dear Sir/Madam,
Please note that in order to be able to execute trades from your demo contest account you need to log in to the Meta Trader 4 platform. Please follow the link to download the MT4 platform: https://www.gdmfx.com/en/trading/mt4-desktop.

Please note as well that you can access our web trader platform as well: https://www.gdmfx.com/en/trading/web-trader

If you wish to trade from your mobile device, please refer to the link and download the MT4 mobile application : https://www.gdmfx.com/en/trading/metatrader-4-mobile

The server in all cases is GDMFX-Demo

Wish you happy trading!
Membre depuis Mar 01, 2017   posts 1
Mar 02, 2017 at 08:05
when is the next contest? i want to join :)
Membre depuis May 11, 2015   posts 6
Mar 02, 2017 at 08:07
GDMFX posted:
Mollyasengi posted:
GDMFX posted:
Mollyasengi posted:
hi GDMFX Team

Please advis if i can participate in the contest using Webtrader platform


Dear Sir/Madam,

You can participate in the contest by trading from the Web Trader platform.
I i have tried to log in but the error authorization failed is persistent


Double check your Contest account credentials on http://www.myfxbook.com/contests/forex-contest-gdmfx/38/rules (click Resend).
I have managed to access the web trader, however, everything is inactive except the Market watch
Membre depuis Jan 08, 2016   posts 276
Mar 02, 2017 at 08:09
mario123 posted:

But the 2000% happens to be something apotheosic, do not you think?


No.

Some of the previous leaders were way over that already. Weinstein, for example, was up 7100+%
Soon we may see more of this......
😲
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Membre depuis Jul 11, 2011   posts 38
Mar 02, 2017 at 15:35
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀
To win you have to risk loss
Membre depuis Mar 31, 2010   posts 31
Mar 02, 2017 at 21:36
fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀


I looked at the leaders' trading histories, But, I did not notice any kind of " lots " rules violations. What violations did you mean?
Membre depuis Dec 22, 2012   posts 4
Mar 02, 2017 at 21:59
В'єтнамців що йдуть 7-11 та 14-15 зараз скоро дискваліфікують.У всіх 7-мох одинаково відкриті контракти по фунто-японії
Торгівля без стопів-це як баба без дупи.Як село без церкви
mavofx
forex_trader_162014
Membre depuis Nov 12, 2013   posts 9
Mar 03, 2017 at 07:50
fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀


What is the lot sizes under the contest rules please @fxmiami ?
Membre depuis Oct 28, 2015   posts 52
Mar 03, 2017 at 07:52
fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀
read the rules well.
Prayer is the True Power that controls the World.
mavofx
forex_trader_162014
Membre depuis Nov 12, 2013   posts 9
Mar 03, 2017 at 08:19
Orangotang posted:
fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀
read the rules well.


The only thing i saw there about Lot size was :

Minimum volume – 0.01 lot, maximum volume – 1000 lots, step size - 0.01 lot, maximum number of open positions/pending orders - 200



Membre depuis May 08, 2010   posts 178
Mar 05, 2017 at 07:12
2000% to 7000% profits???...hmmm...so these guys/gals must be multi-billionaires and who would make poor old old Warren Buffet seems like a lame Trader😝

...and here I am chugging along in the contest, in my same old normal trading style & strategy, and achieving only just over 98% profits and is way, way at the back of the pack at number 198

I supposed Brokers prefer high risk "Traders" over consistent Traders
Membre depuis Mar 26, 2014   posts 1
Mar 05, 2017 at 07:42
大家好!!
Membre depuis Oct 28, 2015   posts 52
Mar 05, 2017 at 07:56
mavofx posted:
Orangotang posted:
fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀
read the rules well.


The only thing i saw there about Lot size was :

Minimum volume – 0.01 lot, maximum volume – 1000 lots, step size - 0.01 lot, maximum number of open positions/pending orders - 200



as per the rules you are free to open between the minimum of 0.01 lot to the maximum of 1000 lot. of which the top contestants are in tandem with the rules.
Prayer is the True Power that controls the World.
Membre depuis Apr 26, 2014   posts 38
Mar 06, 2017 at 00:47
If the rules were being broken by the top traders ( or any trader for that Matter), then the ADMIN would have long ago remove then from the contest. Also, why do some of you traders have such a problem when other traders make phenomenal PROFITS? Not all traders are happy with a ridiculous 5% profit per month. To each his own,for goodness sake!!!
Membre depuis Oct 28, 2015   posts 52
Mar 06, 2017 at 07:50
RahmanSL posted:
2000% to 7000% profits???...hmmm...so these guys/gals must be multi-billionaires and who would make poor old old Warren Buffet seems like a lame Trader😝

...and here I am chugging along in the contest, in my same old normal trading style & strategy, and achieving only just over 98% profits and is way, way at the back of the pack at number 198

I supposed Brokers prefer high risk "Traders" over consistent Traders
well demo contests there is nothing to lose. So participants through risk out of the window. A live contest on the other hand is a different scenario. rarely do winners surpass 300%
Prayer is the True Power that controls the World.
Membre depuis Jan 08, 2016   posts 276
Mar 06, 2017 at 08:08
ChasingShadows posted:
If the rules were being broken by the top traders (or any trader for that matter), then the ADMIN would have long ago remove then from the contest. Also, why do some of you traders have such a problem when other traders make phenomenal PROFITS? Not all traders are happy with a ridiculous 5% profit per month. To each his own,for goodness sake!!!


Very true !
Instead of learning, some people are complaining about others...... Strange.

Good profits to ALL !
Even though this is Demo. LOL
😇
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Membre depuis Nov 22, 2016   posts 8
Mar 06, 2017 at 15:00
Croco_Dile posted:
ChasingShadows posted:
If the rules were being broken by the top traders (or any trader for that matter), then the ADMIN would have long ago remove then from the contest. Also, why do some of you traders have such a problem when other traders make phenomenal PROFITS? Not all traders are happy with a ridiculous 5% profit per month. To each his own,for goodness sake!!!


Very true !
Instead of learning, some people are complaining about others...... Strange.

Good profits to ALL !
Even though this is Demo. LOL
😇


Demo is indicative and can be as good as real..
Help the Poor!
Membre depuis Sep 01, 2016   posts 13
Mar 07, 2017 at 07:36
RahmanSL posted:
2000% to 7000% profits???...hmmm...so these guys/gals must be multi-billionaires and who would make poor old old Warren Buffet seems like a lame Trader😝

...and here I am chugging along in the contest, in my same old normal trading style & strategy, and achieving only just over 98% profits and is way, way at the back of the pack at number 198

I supposed Brokers prefer high risk "Traders" over consistent Traders


yeah im up over 100% as well, not doing anything too crazy, dont guess I can win anyways as I am unable to open a livew account at GDMFX so I cannot win the $ anyways I imagine, so its just practice I guess.
You can always get back in!
Membre depuis Mar 19, 2015   posts 4
Mar 08, 2017 at 11:21
RahmanSL posted:
2000% to 7000% profits???...hmmm...so these guys/gals must be multi-billionaires and who would make poor old old Warren Buffet seems like a lame Trader😝

...and here I am chugging along in the contest, in my same old normal trading style & strategy, and achieving only just over 98% profits and is way, way at the back of the pack at number 198

I supposed
Brokers prefer high risk "Traders" over consistent Traders


You should feel pretty good about yourself with those type of gains because if that is your usual trading style and system then I assume you live trade? If so you have an awesome method for actually making money.. The guys who make 1000,s % profit in these competitions have methods that would only work in these kind of competitions because if they worked in live accounts why would they be here? :)
Participation is nothing... Winning is everything...
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