So the contest has just began...

Apr 19, 2010 at 11:42
Vues 6,893
137 Replies
Membre depuis Nov 13, 2009   posts 24
May 05, 2010 at 10:22
Wait for another 35mins...all our account will be open for trade..
Membre depuis Aug 20, 2009   posts 216
May 05, 2010 at 15:46

michigansurveys posted:
    Exactly. Well put. Fast moving EAs, including those that utilitze hedging must only be analyzed on live accounts. Slower moving EAs (like mine) or slower manual trading, work on both demos and live accounts. Either fast or slower methods may make the user money, but they do it in different ways. Who is to say one is better than the other.
That being said, since this contest is run on demo accounts, those that can benifit will. It would be interesting to see a contest for live accounts. Maybe that is something the good folks here at myFXBook can organize. But for now, this is what we have.
Good Luck!

Depends whether you are using an ECN, futures or bucket shop. Live will reflect Demo on an ECN.
Membre depuis Aug 05, 2009   posts 73
May 05, 2010 at 18:54
hmmm as far as i can see the past trading performance in the account is tracked too for calculation of %gain. :)
trading is passion
Membre depuis Mar 03, 2010   posts 5
May 05, 2010 at 19:03
How to reset the Myfxbook's gain to zero before the competition?
Membre depuis Jul 31, 2009   posts 1444
May 05, 2010 at 19:17
No, past performance doesn't count. We've tried to reset all of the accounts for the contest, but some were missed. Both of your accounts were just reset.

What will matter at the end is the account balance, after all positions are liquidated.
Membre depuis Mar 15, 2010   posts 2
May 05, 2010 at 19:56
Is it still possible to reset my account as well to before the rebalancing by FXDD. It is a bit confusing in tracking my performance to have the past results there. If so thanks.
Membre depuis Jul 31, 2009   posts 1444
May 05, 2010 at 20:06

obryan20 posted:
    Is it still possible to reset my account as well to before the rebalancing by FXDD. It is a bit confusing in tracking my performance to have the past results there. If so thanks.

Done.
Membre depuis Aug 05, 2009   posts 73
May 05, 2010 at 20:21
thanks for the quick response and fast answer :)
and thank you for this contest, you have developed very much since your start :)
keep on!
trading is passion
Membre depuis Jan 11, 2010   posts 4
May 06, 2010 at 00:22
Wait why is there only like 4 contestant in the standing list am on there and i've made some trades
Money management is The key to this business
forex_trader_7001
Membre depuis Feb 12, 2010   posts 2
May 06, 2010 at 01:05
Hi .. I can say only 5 competitors on All Competitors list. Are these the people who are left and other most i saw in the morning with more than 100% gain in 3 hours margin called or what? lol
forex_trader_7001
Membre depuis Feb 12, 2010   posts 2
May 06, 2010 at 01:34
Hi Staff ... why did my positions get auto closed????????
Membre depuis Feb 07, 2010   posts 5
May 06, 2010 at 02:22
I enrolled in the contest. Then I received an email telling me to login to another account. I was never able to get that account to authenticate. So, what should I do now?
Backtesting is the key to success in any type of investment. If you can't prove it don't trade it.
Membre depuis Apr 29, 2010   posts 3
May 06, 2010 at 05:11

JeremyWhittaker posted:
    I enrolled in the contest. Then I received an email telling me to login to another account. I was never able to get that account to authenticate. So, what should I do now?

I am in the exact same situation. I assume that this is startup quirks and they will get it straightened out by the weekend. They really should restart things to be fair.
Membre depuis Feb 07, 2010   posts 5
May 06, 2010 at 05:12

TMGfromYYC posted:
    
JeremyWhittaker posted:
    I enrolled in the contest. Then I received an email telling me to login to another account. I was never able to get that account to authenticate. So, what should I do now?

I am in the exact same situation. I assume that this is startup quirks and they will get it straightened out by the weekend. They really should restart things to be fair.

I completely agree. There are issues limiting people from placing trades. Keep it fair by fixing the accounts and restarting the contest.
Backtesting is the key to success in any type of investment. If you can't prove it don't trade it.
Membre depuis Mar 02, 2010   posts 4
May 06, 2010 at 05:32
Agree. Nothing but confusion and trouble. Home page showing server overload last 12 hours. My account won't activate. Solve problems then set a new start date. Be clear about the situation and make sure the tech issues are resolved. I LOVE MyFXBook but the contest has been badly managed. Start over!
Membre depuis Feb 10, 2010   posts 24
May 06, 2010 at 05:59
Yesterday I saw a huge list of competitors. But I can see only a few on the list which doesn't not include myself. Does anyone know what's going on? I was hoping to see I'm somewhere near the top.
Membre depuis Jul 31, 2009   posts 1444
May 06, 2010 at 06:43

winnie_the_roo posted:
    Yesterday I saw a huge list of competitors. But I can see only a few on the list which doesn't not include myself. Does anyone know what's going on? I was hoping to see I'm somewhere near the top.

We're performing some maintenance work in the background due to the increased load on our servers, so some of the data might come and go - you can keep trading your contest account normally, it will not be affected.

Apologize for any inconvenience.
pipinvestment0
forex_trader_6207
Membre depuis Jan 27, 2010   posts 59
May 06, 2010 at 06:54 (édité May 06, 2010 at 06:57)
wow... lots of competition.
pipinvestment0
forex_trader_6207
Membre depuis Jan 27, 2010   posts 59
May 06, 2010 at 07:24
My FXDD demo for the contest states that I have a $2000 deposit which throws off my percentage gain by 50%.

STAFF- can this be reset, fixed, or modified to show the $1000 balance. Thank you.
Membre depuis Mar 02, 2010   posts 4
May 06, 2010 at 08:13
I know you guys are scrambling. It's a nice thing (but stressful) to be overwhelmed by success. I know you fellows will do the right thing. Good Luck. CAN'T WAIT FOR THE SECOND CONTEST !!!
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