Upcoming Contest Q&A

Staff posted:
    The leverage is indeed 1:50.

what about the stop-out level ? ( when will the margin call occure ? )

50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest.

goodboyfx posted:
    50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest.

Agree. I'm also glad starting deposit is $50K instead of $100K. Makes the trading overall more realistic, rather than fantasy casino. Look at all the winners of previous contests-- got there because they rolled high...not because they had a good strategy.

The competition this time looks to be more fierce than before. 16% in only 5 hours with 50:1 leverage...

am from india, i have one doubt in this competition, that is currently am trading with currency pairs only, can i trade with indexes and others also ah ? ?,
That mean USOIL, UKOIL, GER30, US30, UK100, XAU-GOLD, XAG-SILVER.
If i trade with above, that pips will eligible for competition ? ? ? 😕😕😕

Splexin posted:
    

goodboyfx posted:
    50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest.

Agree. I'm also glad starting deposit is $50K instead of $100K. Makes the trading overall more realistic, rather than fantasy casino. Look at all the winners of previous contests-- got there because they rolled high...not because they had a good strategy.

+100 Agreed! 😂

when do we get margin call? when margin level is less that 100%? is that it? can someone confirm... thx

isnt this FX competition whats with people trading oil/gold? will they be disqualified??

goodboyfx posted:
    isnt this FX competition whats with people trading oil/gold? will they be disqualified??

I know right? 😐 The top people seem to have got there by things other than currencies.....look at current #1.....I think a lot of rules were not clarified as they should have been. What good is it to have a Forex trading competition if those who win it aren't even trading currencies?? 🙃

To clarify, all products in the demo are eligible for trading in the contest.

I installed a new platform for the purpose of your competition. Unfortunately, I do not have in the 'market' any symbol. As you may be the reason?

Hi Male,

First, try double-clicking where it says FXCM to see if it will show you the symbols. If not, you might be using a demo that has expired. Go to this link to register a demo for the contest: https://www.myfxbook.com/contests/trading-championship-may-2012/8/rules

Then right click on the Market Watch window and select Show All to see all the symbols.

Jason

Enough to know that right-clicking causes all symbols. I registered for the contest and got a login already.
Just do not have any symbols or history, nor in the 'market', which can see on the previous screens. Installing a new installation of the platform once again has the same effect! It never happened to me before this thing with any other installation of other MT4 brokers.
On this your installation, I can not even set up a new demo account outside the competition, because in the choice of account and the currency, I have no choice.

Login is OK, but the data does not take

i have the same problem (( it lets me log in but MARKET WATCH is EMPTY .. charts wont update ither

I have same problem, Can't see any symbol in Market Watch

I think everybody has the same problem...every beginning is hard.:D

Seem like everyone has the same problem, I haven't seen any trade made yet in contest area.

Yes, looks like FXCM hasn't enabled accounts yet - we're trying to find out the cause for the delay.