Discussion of the Forex Contest Valutrades Forex Contest
Jan 08, 2016 부터 멤버
게시물281
May 21, 2016 at 16:58
ederwils posted:
i had that kind of ...wtf! how they can grow so much and so fast, i just saw, they use 'all in' and take profits quick...so i started to do quite the same and im in 6th now...
It seems you are not using a Stop Loss.
At the end you could end up in zero too.
Not a problem on Demo, but painful in real life. Then it's not fun..... 😲
Complexity is expensive, inefficient, and ineffective > Crocodile trading
forex_trader_199815
Jul 17, 2014 부터 멤버
게시물112
May 22, 2016 at 06:25
congrats for the first place
May 22, 2016 at 06:39
JacoAF posted:DE30+ was closed (i forgot about closing dax) and opened with a large gap, but now i have a lesson and grow money on real ;)umhermos posted:Shahlegno posted:Hi everyone, i am the lider of this contest, i don't use any Robot, you can see history of my, and other traiders, just click on the traiders name.isim posted:Shahlegno posted:isim posted:dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕
use full margin and scalping ... no excuse if u cant outstand others
Because they use Arbitrage EA, that Arbitrage trading is totally a BANNED trading strategy for the contest before & all of the broker are banned this Arbitrage strategy for Real account also, it makes the trader who been use it will disqualified because all of the open trades is in 1 - 2 seconds only with very huge lots, they take only 2 or 3 pips for every entry. You all can see their trading history, that;s why they can gain 530% in just 2 days.
i dont think it is arbitrage trading ? it is more like scalping , i am personally a scalper who takes only few pips from the market , if your broker banned you from doing scalping , you might as well stop using the broker because they are mostly dealing desk, moreover do you think it is easy consistently grabbing a few pips from the market ?
They're cheating sir, i have been in this myfxbook contest many times, this kind of trader use the same Arbitrage EA many times to get humongous gain in instant & they all got been disqualified. So i want ValutradesUK broker, banned this all cheater that use this kind or Arbitrage trades, you all can see the proof in their trading History, open & close the entry in seconds many times with very HUGE lots.
Oops.... what happened? Leading from behind now?
May 22, 2016 at 06:40
Croco_Dile posted:that is cool.....what is your secret ?
The secret is to go ALL IN and not using a Stop Loss....... then it goes to zero.
Haha .....lol That is suicide
That's the secret...... not really. All Forex traders know that secret. LOL
😈 not, strategy is ok, i had a good direction, but i forgot about closing dax and it was opened with a gap
forex_trader_199815
Jul 17, 2014 부터 멤버
게시물112
May 22, 2016 at 13:27
congrats for first place
Jan 08, 2016 부터 멤버
게시물281
May 22, 2016 at 13:41
not, strategy is ok, i had a good direction, but i forgot about closing dax and it was opened with a gap
This can happen..... it's just a Demo, not important.
You will do better on your real account.
Good profits !
This can happen..... it's just a Demo, not important.
You will do better on your real account.
Good profits !
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Jan 08, 2016 부터 멤버
게시물281
May 22, 2016 at 13:43
NTC526244 posted:
I trade manually no robots...look at my history traded 😁
Almost 100% winning trades is a very dangerous method. It always end with a total loss.
You better use a Stop Loss.
Good luck !
Complexity is expensive, inefficient, and ineffective > Crocodile trading
Oct 04, 2015 부터 멤버
게시물3
May 23, 2016 at 06:44
What's indicator you are using? :)
Oct 04, 2015 부터 멤버
게시물3
May 23, 2016 at 07:07
NTC526244 posted:
I trade manually no robots...look at my history traded 😁
What's indicator you are using? :)
Jan 08, 2016 부터 멤버
게시물281
May 23, 2016 at 14:51
(편집됨 May 23, 2016 at 14:53)
Shahlegno posted:
4014% GAIN in 6 day trading that 1st ranking trader...ridiculous !! totally a cheater! ValueradeUK please disqualified all this type of trader..
He is just a better trader than you.
Also he is lucky so far.
Learn to trade like him instead of complaining.
😈
Complexity is expensive, inefficient, and ineffective > Crocodile trading
May 04, 2016 부터 멤버
게시물73
May 23, 2016 at 14:54
COMPETITION SPECIAL OFFER
Setup a Live Account during the competition and get:
1. Price Action Strategy Videos (Usually only available to VIP Clients)
2. Sentiment Market Alerts - Scan Currencies (Usually only available to accounts with a balance over $1000)
3. Free OHL Indicator
We are also giving new account holders access to our complete PREMIUM Video series (over 20 videos on different trading topics)
Signup here - https://client.valutrades.com/register/live
Setup a Live Account during the competition and get:
1. Price Action Strategy Videos (Usually only available to VIP Clients)
2. Sentiment Market Alerts - Scan Currencies (Usually only available to accounts with a balance over $1000)
3. Free OHL Indicator
We are also giving new account holders access to our complete PREMIUM Video series (over 20 videos on different trading topics)
Signup here - https://client.valutrades.com/register/live
May 24, 2016 at 04:19
(편집됨 May 24, 2016 at 04:20)
Croco_Dile posted:Shahlegno posted:
4014% GAIN in 6 day trading that 1st ranking trader...ridiculous !! totally a cheater! ValueradeUK please disqualified all this type of trader..
He is just a better trader than you.
Also he is lucky so far.
Learn to trade like him instead of complaining.
😈
Oh Lord... please don't learn to trade like him, unless you intend to trade only these competitions for the rest of your life. On a real account I doubt you would ever see anything close to this.
I agree with the 'lucky' comment.... when you don't have any emotions involved (like with a real account), and you can't really lose anything (like real money), then it is possible to 'gamble' your way to 4000% in a week.
I just would not advise trying to learn this as a trading strategy.... it just does not work on real accounts.... only in these competitions...
Just my opinion.... but well done to the leaders anyway, you truly are master gamblers in these competitions.... 😄
Keep it simple, be disciplined, get rich slowly and above all protect your equity!
Jan 08, 2016 부터 멤버
게시물281
May 24, 2016 at 04:27
Oh Lord... please don't learn to trade like him, unless you intend to trade only these competitions for the rest of your life. On a real account I doubt you would ever see anything close to this.
Why not gambling ?
If he can make the same on a real account and has a lucky stretch for let's say 1 month, he could make millions.
Not bad for a lucky stretch !?
Those quotes are supposed to be the same on Demo as on a real account...... if the broker is honest.
Complexity is expensive, inefficient, and ineffective > Crocodile trading
May 24, 2016 at 04:40
Croco_Dile posted:Oh Lord... please don't learn to trade like him, unless you intend to trade only these competitions for the rest of your life. On a real account I doubt you would ever see anything close to this.
Why not gambling ?
If he can make the same on a real account and has a lucky stretch for let's say 1 month, he could make millions.
Not bad for a lucky stretch !?
Those quotes are supposed to be the same on Demo as on a real account...... if the broker is honest.
I suppose you could attempt this on a real account.... and I suppose these is a slight chance you could make good money in the first month... but do you honestly think that this method of (manual) trading can be sustained over a few months or even a year.... If so then I would think that we have discovered that illusive 'Super Trader' that just does not exist...
I don't know man.... I've been trading long enough with my own money to know how easy it is to blow up your real account because of excessive risk taking... and trading without stop-losses... it works well for a few weeks.... you get cocky and take more risks... and before you know it the market bites you in the bum and the account is gone... believe me I had a few of those myself...
So my point is... anyone serious about making trading a full time job, should rather stay away from the 'gambling strategy' where you risk it all for a quick buck... it does work in the long run.... never has.... and I doubt it ever will...
Again, I emphasize, this is my personal opinion. I blew up a few personal real account trying this 'wild west shoot-from-the-hip' scalping strategy.... and it never worked for me...
So please don't crucify me...., just speaking from personal experience...
Keep it simple, be disciplined, get rich slowly and above all protect your equity!
