Discussion of the Forex Contest Squared Financial Forex Contest

lol not possible coz the trading conditions arent favourable for live accounts

i dont know of any live trader who open 4000 std lot

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

Given that they only have 1 month's time, they need to push as hard as they could to win the contest. It's do or die. Just take a look at the 2 current leaders' portfolio. This has been the umpteenth time they are taking part in a contest and they have failed in all previous attempts.

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

well maybe your circle of friends doesn't have someone who got balls to open that much of lots?

says you open 4000 lot, that is 40k a pip, so let say the trader MAX SL is 10 pips that is only 200000,
and says their balance is 1Mil, that is only 20% of risk. you cant expect someone with equity of 1M to open the same lot that 100k equity trader?

lol kamal no broker online allows more than 60 lot at a time dont bullshit me things which u dnt even know about and all pathetic explanation posted atleast have guts to go and ask big fund fund managers and hft traders do they open tht much lot then come and explain ur point of view and dnt tell me interms of percentage either coz open a std lot with 1000 usd with sl of 20 pips and opening 4000 lot one mil are completely different interms of trading psychology and dynamic of human thinking ur explanation was jst like a kid who cant see a bigger picture

a person can accept the loss of 200 usd lot but 200 k tht wld take him time to gather his senses even if he is a millionaire he wld trade carefully wont trade as u have mentioned i hate ppl who brag things like u and dnt respect the value of work and money related to it think twice before tell others about their ballls

and one more thing if u have a friend who opens 4000 lots in live trading account even if 1000 lot at a time tell him to update his data here i will give u 50 usd of my own

MyFxTrader posted:

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

Given that they only have 1 month's time, they need to push as hard as they could to win the contest. It's do or die. Just take a look at the 2 current leaders' portfolio. This has been the umpteenth time they are taking part in a contest and they have failed in all previous attempts.

i know but seems to misunderstood what i actually told it was a comparison i made to rahman in between real and live account i myself trade 100 lots in demo so i aint saying it cant be done in demo what i was saying is it will be very difficult to do same thing repeateadly in live account hope u understand what i was saying

MyFxTrader posted:

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

Given that they only have 1 month's time, they need to push as hard as they could to win the contest. It's do or die. Just take a look at the 2 current leaders' portfolio. This has been the umpteenth time they are taking part in a contest and they have failed in all previous attempts.

i saw u have 1 mil account in ur profile if i ask u wld u open 50 std lott at a time on each and every position what wld be ur answer

I have personally seen live account of some guys who open 4 positions/trades of between 200-400 lot sizes (but they can never get round off number of lots but only what is available in the market...i.e 230, 367, etc lots).....but they have over usd42m account 😀 and makes around usd250-500k daily profits.

Guys, no point in arguing about this competition as it's drawing to a close and, regardless of our personal opinion, the top winners will be crowned winners 😁.....personally, I believe I did okay on my competition account.

My advice to you guys: Go join other competition(s) which are run by more reputable brokers...

AnalyzedIncome posted:

MyFxTrader posted:

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

Given that they only have 1 month's time, they need to push as hard as they could to win the contest. It's do or die. Just take a look at the 2 current leaders' portfolio. This has been the umpteenth time they are taking part in a contest and they have failed in all previous attempts.

i know but seems to misunderstood what i actually told it was a comparison i made to rahman in between real and live account i myself trade 100 lots in demo so i aint saying it cant be done in demo what i was saying is it will be very difficult to do same thing repeateadly in live account hope u understand what i was saying

AnalyzedIncome posted:

MyFxTrader posted:

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

Given that they only have 1 month's time, they need to push as hard as they could to win the contest. It's do or die. Just take a look at the 2 current leaders' portfolio. This has been the umpteenth time they are taking part in a contest and they have failed in all previous attempts.

i saw u have 1 mil account in ur profile if i ask u wld u open 50 std lott at a time on each and every position what wld be ur answer

The objective for most to join a demo contest is to win it within the stipulated contest rules and time frame. Contest rules may not necessary reflect conditions of a real account. So the contestants compete with each other by opening massive full margin lots permitted by these specific rules in their quest to champion the cause. It posts no financial risk whatsoever to the contestants. If they busted their accounts, their personal bank accounts suffered no loss.

On the other hand, our real accounts is not a competition which pit us against others in a quest to win a prize and it carries significant financial risk. Everybody is well aware and knows how to deal with a real account differently from a demo contest account in view that the objective, rules and risk involved are all different. Comparing a demo contest account with a real account is inanity and will only result in a futile argument.

Good luck everyone. Green pips!

MyFxTrader posted:

AnalyzedIncome posted:

MyFxTrader posted:

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

Given that they only have 1 month's time, they need to push as hard as they could to win the contest. It's do or die. Just take a look at the 2 current leaders' portfolio. This has been the umpteenth time they are taking part in a contest and they have failed in all previous attempts.

i know but seems to misunderstood what i actually told it was a comparison i made to rahman in between real and live account i myself trade 100 lots in demo so i aint saying it cant be done in demo what i was saying is it will be very difficult to do same thing repeateadly in live account hope u understand what i was saying

AnalyzedIncome posted:

MyFxTrader posted:

AnalyzedIncome posted:
i dont know of any live trader who open 4000 std lot

Given that they only have 1 month's time, they need to push as hard as they could to win the contest. It's do or die. Just take a look at the 2 current leaders' portfolio. This has been the umpteenth time they are taking part in a contest and they have failed in all previous attempts.

i saw u have 1 mil account in ur profile if i ask u wld u open 50 std lott at a time on each and every position what wld be ur answer

The objective for most to join a demo contest is to win it within the stipulated contest rules and time frame. Contest rules may not necessary reflect conditions of a real account. So the contestants compete with each other by opening massive full margin lots permitted by these specific rules in their quest to champion the cause. It posts no financial risk whatsoever to the contestants. If they busted their accounts, their personal bank accounts suffered no loss.

On the other hand, our real accounts is not a competition which pit us against others in a quest to win a prize and it carries significant financial risk. Everybody is well aware and knows how to deal with a real account differently from a demo contest account in view that the objective, rules and risk involved are all different. Comparing a demo contest account with a real account is inanity and will only result in a futile argument.

thts what i was doing jst doing a comparison when rahman said they will make use of an ea and make similar profits so i jst stated the facts and i dnt know why tht kamal got pissed and made a personal comment and talking about guts and balls maybe i shld have ignored him i think he is jst a kid who thinks everything is possible

 i know about demo contest ppl use full margin but dat doesnt happen in real accounts maybe he got rash coz he didnt understood what i was trying to say or he didnt read previous posts

RahmanSL posted:
I have personally seen live account of some guys who open 4 positions/trades of between 200-400 lot sizes (but they can never get round off number of lots but only what is available in the market...i.e 230, 367, etc lots).....but they have over usd42m account 😀 and makes around usd250-500k daily profits.

Guys, no point in arguing about this competition as it's drawing to a close and, regardless of our personal opinion, the top winners will be crowned winners 😁.....personally, I believe I did okay on my competition account.

My advice to you guys: Go join other competition(s) which are run by more reputable brokers...

 i have a friend who uses 10 mil to trade but he doesnt use leverage only 1:1 with banks he says he find it risky to trade with broker with such big amounts i agree ppl use big lots but no all the time only when they have good opportunities and i wasnt arguing i dnt know what pissed tht kamal tht he made a personal comment

i think still some more people going to disqualify ,

u cld have made more srinatha u holded gold too much still u did very good 100 % profitable trades and with so less trades

yes i holded long, and swap for usd/try is too high :( but gold its less

hope u win it gud luck

Well....few more hours to go before end of this competition.

Best position that I managed to get is No. 87....far from winning the competition, BUT from a total of 3,311 competitors, I would say I didn't do too badly and also considering I never entered ridiculous above 50-1000 lot size trades 😁

To the winners of this competition, CONGRATULATION and good luck trading live account with the broker....just don't trade like you guys did in this competition and you might make some money....and also, good luck with your withdrawal(s) too 😀😎