Discussion of the Forex Contest Squared Financial 2014 Forex Contest

Jul 17, 2014 at 13:26
22,453 Views
555 Replies
Biedrs kopš   6 ieraksti
Aug 26, 2014 at 06:21
now, PrimeXM-DemoUK is down. :/
Biedrs kopš   8 ieraksti
Aug 26, 2014 at 06:22
Here is attachment from binzhi1818, he sold gold from last week and got margin called yesterday at 1315 . His last position #4 on friday. My last positiion #2 before this abnormal price, so it really make me disapointed 😞 And the broker / admin did'nt respond this issue




Pielikumi

trading is art
Biedrs kopš   6 ieraksti
Aug 26, 2014 at 15:02
there is a trick to do 100% successful trades with this bugs. I think the contest does not really make sense int this conditions.
Biedrs kopš   12 ieraksti
Aug 27, 2014 at 06:58
This is not a fair contest!!
I had a balance of 84K when getting a margin call on Friday 22nd. My understanding is that the highest -ve trades trades ought to be closed.This would have made my balance be around 43K-50K. In my case, Squared Financial deducted the negative profit and consolidated all the positions at a lower open price. Waking up on Monday, I could not even place a hedging position for a further downside for a short distance before it hit a 2nd margin call and before the prices shot up in my direction!! Rather than they reduce me to zero. I closed the trades with double the loss. Balance closed at near 16K. Even if I am new to forex, I have never experienced this absurdity with other demo brokers!!!
Keep Learning and better your best!!
Biedrs kopš   9 ieraksti
Aug 27, 2014 at 10:01
Hi,
Why don´t we have any response of the administrator of what happened with the Xau/Usd beginning this week. Strange also the first classified haven`t realized other order since then. Sure he is not part of the broker`s staff and make sure the Price keeps in their account?

Definitively the worst contest I`ve participated...

The saddest thing about all that is that a website as MyFxBook give a space at such a brokers.

Sincerally

Nordic
Biedrs kopš   3 ieraksti
Aug 27, 2014 at 20:45
Why is no one held accountable???
:|
Biedrs kopš   89 ieraksti
Aug 27, 2014 at 21:11
bad luckkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
A trader can be an economist but an economist could never be a trader. They are too theoretical.
Biedrs kopš   1 ieraksti
Aug 28, 2014 at 14:05
haha! very poor broker!
Biedrs kopš   808 ieraksti
Aug 29, 2014 at 00:55
Why the slippage not working ? In my EA. slippage is set to 3.

But the Gold spread more than 3 pip my EA still open trade.

Is it mean the Broker can manipulate the Slippage control of OrderSend() function ?

I need write an external detect of spread to avoid this?
Information is Gold when come to organised.
Sep 01, 2014 at 06:39
Yeah, not cool at all.
Biedrs kopš   1418 ieraksti
Sep 02, 2014 at 07:18
http://www.myfxbook.com/members/zhilil/contest-zhilil/977065
http://www.myfxbook.com/members/zhi007/contest-zhi007/982769

One of the above accounts was ranked 3rd - both accounts were disqualified as we've identified it is the same trader.
Biedrs kopš   3 ieraksti
Sep 02, 2014 at 10:12
@Ethan
Please let me know about Squared disqualified !!!! and show us some explanation about last week #$#% situation!!!
Biedrs kopš   3 ieraksti
Sep 05, 2014 at 13:38
The contest has ended, but how is Skalavox (currently 3rd), Junaidi (currently 4th) and Omoo (currently 5th) still making trades in the past 5 days (since September 1) and moving up the rankings. They're cheating and trading after the contest has finished.
Discipline and Patience...if you lack these traits, you won't last as a trader...hehe
Biedrs kopš   5 ieraksti
Sep 07, 2014 at 06:45
hi
Next match what time start?
Biedrs kopš   6 ieraksti
Sep 08, 2014 at 06:30
pipmasta posted:
The contest has ended, but how is Skalavox (currently 3rd), Junaidi (currently 4th) and Omoo (currently 5th) still making trades in the past 5 days (since September 1) and moving up the rankings. They're cheating and trading after the contest has finished.
haha, not same GMT i guess ^^
Biedrs kopš   5 ieraksti
Sep 11, 2014 at 09:55
What time will start the next race?
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