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Discussion of the Forex Contest GDMFX Forex Contest
Feb 19, 2017 at 15:45
Anggota Sejak Feb 13, 2017
3 pos
Модератор ! Перечитал все посты и правила (может ещё гугл-переводчик не совсем точный ), да и вы с этими шагами запутали (0.01 ; 0.02 и т.д.) скажите просто -могу я с самого начала выставлять любой объём , насколько хватит плеча ! заранее благодарен !
voba2017@
Anggota Sejak Aug 22, 2014
5 pos
Feb 19, 2017 at 15:46
Anggota Sejak Aug 22, 2014
5 pos
WHat is the problem can someoen explain pls? I have zero balance yet, and plus still pending in the STATUS for the contest. I choose ALL HISSTORY in the mt4 but still pending on the status on myfxbook.com site. Ideas?
Join me, I'm realfxtrader
Anggota Sejak Feb 13, 2017
2 pos
Feb 19, 2017 at 15:48
Anggota Sejak Nov 14, 2015
3 pos
всем удачи
Anggota Sejak Mar 22, 2015
2 pos
Feb 19, 2017 at 15:53
Anggota Sejak Mar 22, 2015
2 pos
anazri posted:moneygrows posted:
naked trading anyone?😀
what do you mean naked trading..?
I think he means the price action trading style taught by Walter Peters.
Your greatest asset is your earning ability, your greatest resource is your time. - Brian Tracy
Anggota Sejak Jan 14, 2016
2 pos
Anggota Sejak Mar 22, 2015
2 pos
Feb 19, 2017 at 15:54
Anggota Sejak Mar 22, 2015
2 pos
Wormhole posted:
Thoughts on COMP/S.
I am thinking about this comp and comps in general. There is only one way to win and thats to push the boundaries, if you trade in a sensible manner and trade well increasing your account by 1% a day = 20% over the month you still have little to no chance of winning.
If you look at the past contests and the % increase of the winners you will see what Im on about, all the winners took risks OR got seriously lucky.
No 'sensible' trader wins (without some good luck) and the winners normally have huge drawdowns.
What are your thoughts? MINE = We need to take risks to win ANY comp OR be on the right end of a BREXIT type trade.
Not saying comp winners are bad traders just that Taking LARGE RISK and LUCK seem to be major factors.
Same thoughts here, and the usual conservative risk management used in live trading or even in demo trading is thrown out of the window. More like, the gambling side steps in when it comes to competitions.
Your greatest asset is your earning ability, your greatest resource is your time. - Brian Tracy
Anggota Sejak Mar 29, 2016
5 pos
Feb 19, 2017 at 15:55
Anggota Sejak Mar 29, 2016
5 pos
Wormhole posted:
Thoughts on COMP/S.
I am thinking about this comp and comps in general. There is only one way to win and thats to push the boundaries, if you trade in a sensible manner and trade well increasing your account by 1% a day = 20% over the month you still have little to no chance of winning.
If you look at the past contests and the % increase of the winners you will see what Im on about, all the winners took risks OR got seriously lucky.
No 'sensible' trader wins (without some good luck) and the winners normally have huge drawdowns.
What are your thoughts? MINE = We need to take risks to win ANY comp OR be on the right end of a BREXIT type trade.
Not saying comp winners are bad traders just that Taking LARGE RISK and LUCK seem to be major factors.
I agree with you. I took part in another competition before, and the winner was just a gambler. He had 400+% return in 3 months and a huge drawdown (can't remember the exact number but quite sure it was > 30%).
I think a competition is meaningless if the overall % increase in account is the only yardstick in deciding the winner. I am joining just to see what kind of traders are out there and for the fun of it.
The organisers should look at introducing an additional rule of 'not more than 10% or 20% peak-trough drawdown' to try and sift out gamblers winning on luck.
Never resist the markets
Anggota Sejak Nov 20, 2016
1 pos
Feb 19, 2017 at 21:13
Anggota Sejak Jun 14, 2013
130 pos
Inostranec25 posted:
На балансе 0. Когда баланс будет пополнен?
On the balance of 0. When the balance will be credited?
Contest starts in 1 hour 45 mins.... all accounts should be enabled with the 10 000 starting balance at 22h00 GMT... thats what I understand anyway.... good luck!
Keep it simple, be disciplined, get rich slowly and above all protect your equity!
Anggota Sejak Oct 27, 2014
53 pos
Anggota Sejak Oct 27, 2014
53 pos
Feb 19, 2017 at 22:06
Anggota Sejak Oct 27, 2014
53 pos
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