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Discussion of the Forex Contest FX Choice Forex Contest
forex_trader_97117
會員從Oct 31, 2012開始
3帖子
Mar 03, 2015 at 07:44
Enlighten something:
Do you allow only manual operations?
Banning all types of EAs?
Do you allow only manual operations?
Banning all types of EAs?
會員從Dec 23, 2013開始
2帖子
Mar 03, 2015 at 07:46
Hi, Can I use EA made by me? Use of experts advisor is allowed? I read that we cannot use commercial robot.
會員從Jun 24, 2012開始
13帖子
Mar 03, 2015 at 07:48
"The use of commercial robot is prohibited"
commercial means a robot that you can buy on the market?
or it means all kind of robots?
commercial means a robot that you can buy on the market?
or it means all kind of robots?
jaume.torne@
Mar 03, 2015 at 07:53
To prevent "gambler Trader(s)" who open large lot size trades and luck-that-through-with-a-large-wining-position, I would suggest a limit size on lot trades (perhaps 10.0 lot size) and maximum 5 open trades at any one time.
With these two additional T&C in place, that will give new traders a chance in the competition.
I have checked out this broker and, though I am not too keen on a broker headquarter & regulated in Belize City, Belize, I will try out their trading platform in this competition and see what happens from there.
Also I have checked reviews on couple forums and see that a representative, Anthony K, from FXChoice is very active to resolving complaints from their clients....and that suggest to me that this broker is active in building up their reputation. Impressive! 😀
With these two additional T&C in place, that will give new traders a chance in the competition.
I have checked out this broker and, though I am not too keen on a broker headquarter & regulated in Belize City, Belize, I will try out their trading platform in this competition and see what happens from there.
Also I have checked reviews on couple forums and see that a representative, Anthony K, from FXChoice is very active to resolving complaints from their clients....and that suggest to me that this broker is active in building up their reputation. Impressive! 😀
會員從Apr 20, 2013開始
2帖子
Mar 03, 2015 at 07:54
May I clarify the rule in the contest which says "The use of commercial robot is prohibited." Does this mean we can not use Expert Advisors of any kind or only those being sold in the market? Thanks and good luck to all.
forex_trader_204760
會員從Aug 23, 2014開始
1帖子
Mar 03, 2015 at 07:57
😎
Mar 03, 2015 at 09:52
That last contest thread set a new record for dumb questions easily answered by reading the rules...and definitely for the most whiners. Hopefully this will be better...though I see the questions have already started.
We do need to clarify the rule regarding "commercial robots" though. As a couple others have asked, how would they differentiate between EA's that were purchased and ones that were coded by the trader themselves....or ones downloaded for free. Does this mean no EA's at all? (I don't use them so it makes no difference to me...but this IS a good question that needs an answer.)
We do need to clarify the rule regarding "commercial robots" though. As a couple others have asked, how would they differentiate between EA's that were purchased and ones that were coded by the trader themselves....or ones downloaded for free. Does this mean no EA's at all? (I don't use them so it makes no difference to me...but this IS a good question that needs an answer.)
Mar 03, 2015 at 09:53
RahmanSL posted:
To prevent "gambler Trader(s)" who open large lot size trades and luck-that-through-with-a-large-wining-position, I would suggest a limit size on lot trades (perhaps 10.0 lot size) and maximum 5 open trades at any one time.
With these two additional T&C in place, that will give new traders a chance in the competition.
There are no such "rules" in the real world so this is a dumb idea IMHO. If somebody wants to trade balls out they should be allowed to...if they make good trades and know what they are doing they win big...if not, they blow up their account real fast. I've said this before but I'll say it again: Soros didn't become rich and famous by risking 2% per trade. That's just the way it is with short 1 month contests like these. If you want a "prop trading simulator" type of contest, go enter the Dukascopy one.
