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Posts by forex_trader_208553
Forex Contest Fidelis Capital MARKETS
in
Kontes
May 14, 2015 at 06:34
Have you seen that the top 10 traders have draw downs of between about 90% to 50% and made very few trades. There should be a limit, also people should be judged on the number of trades as well, because what is better to make 5 trades and win or to make 5000 trades and come second, work that out, because if you signing clients you what them to make money, but the broker and you also need to make money or it's not worth any ones time, and 5000 verses 5 shows that the system making 5000 trades has been tested 4995 times more that the one making 5 trades, you can get lucky 5 times but not 500...
Forex Contest Fidelis Capital MARKETS
in
Kontes
May 11, 2015 at 10:02
There should be a rule that you can't trade more than 0.01 for every $250 account balance, so every $1000 would trade a maximum of 0.04,for the competition. Normal trading should be about 0.01 for every $500 account balance to be safe
Forex Contest Fidelis Capital MARKETS
in
Kontes
May 09, 2015 at 11:30
Normally mt4 will not allow more than 500 open positions, you just can't open more, I can't see any screen shot
Forex Contest Fidelis Capital MARKETS
in
Kontes
May 06, 2015 at 07:04
Yes it's 100% luck, you take the biggest position you can and hope it goes your way over and over, you will win or blow your account, you would never do this with a real live account, they need to put some rules to stop people relying on luck. Also I would like to see a competition that lasts a year, that would drastically reduce luck, even if there was no prize I would enter, I backtest my Robots that I build for a minimum of 10 years, I built some that would work for 4 to 6 years the suddenly stop working, so you can see that 1 month is never long enough it's just luck.
Forex Contest Fidelis Capital MARKETS
in
Kontes
May 02, 2015 at 18:15
Still no luck to sort out my problem, my login says Invalid Account, not getting any help to sort it out, but I am now ahead of a lot of other people because I am still at $10,000, but still a big disadvantage, I lost a whole day of trading, and will maybe loose Monday as well, this is so unfair, maybe it's some sort of handycap, they not telling us about.
Forex Contest Squared Financial
in
Kontes
Feb 05, 2015 at 21:05
looking at some of the comments I can't see how anyone can benefit from this competition, if the strategy's can't be implemented in the real world, and I would think that instead of promoting the broker, it will damage their image, if they can't host a meaningful competition.
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