Upcoming Contest Q&A

Salala

Biedrs kopš 16 ieraksti

Jul 01, 2011 at 14:44

Biedrs kopš 16 ieraksti

Staff posted:
The leverage is indeed 1:50.

what about the stop-out level ? ( when will the margin call occure ? )

goodboyfx

Biedrs kopš 44 ieraksti

Jul 01, 2011 at 16:08

Biedrs kopš 44 ieraksti

50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest.

Get Rich & End World Poverty

forex_trader_33781

Biedrs kopš 200 ieraksti

Jul 01, 2011 at 16:14 (labots Jul 01, 2011 at 16:14)

Biedrs kopš 200 ieraksti

goodboyfx posted:
50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest.

Agree. I'm also glad starting deposit is $50K instead of $100K. Makes the trading overall more realistic, rather than fantasy casino. Look at all the winners of previous contests-- got there because they rolled high...not because they had a good strategy.

xoof

Biedrs kopš 4 ieraksti

Jul 01, 2011 at 16:15

Biedrs kopš 4 ieraksti

The competition this time looks to be more fierce than before. 16% in only 5 hours with 50:1 leverage...

rajesh7827

Biedrs kopš 10 ieraksti

Jul 01, 2011 at 20:26 (labots Jul 01, 2011 at 20:27)

Biedrs kopš 10 ieraksti

am from india, i have one doubt in this competition, that is currently am trading with currency pairs only, can i trade with indexes and others also ah ? ?,
That mean USOIL, UKOIL, GER30, US30, UK100, XAU-GOLD, XAG-SILVER.
If i trade with above, that pips will eligible for competition ? ? ? 😕😕😕

No matter what happens, God is always with me..

openfx

Biedrs kopš 12 ieraksti

Jul 04, 2011 at 14:22

Biedrs kopš 12 ieraksti

Splexin posted:

goodboyfx posted:
50:1 to an extent i like this because it will filter out lot of gamblers and allow talent to prevail. I am ranked #66 at moment. If I didn't have to rush to work, I would be No. 1 Anyhow my goal is to be in top 25 if not winner of contest.

Agree. I'm also glad starting deposit is $50K instead of $100K. Makes the trading overall more realistic, rather than fantasy casino. Look at all the winners of previous contests-- got there because they rolled high...not because they had a good strategy.

+100 Agreed! 😂

goodboyfx

Biedrs kopš 44 ieraksti

Jul 05, 2011 at 02:15

Biedrs kopš 44 ieraksti

when do we get margin call? when margin level is less that 100%? is that it? can someone confirm... thx

Get Rich & End World Poverty

goodboyfx

Biedrs kopš 44 ieraksti

Jul 05, 2011 at 11:13

Biedrs kopš 44 ieraksti

isnt this FX competition whats with people trading oil/gold? will they be disqualified??

Get Rich & End World Poverty

forex_trader_33781

Biedrs kopš 200 ieraksti

Jul 05, 2011 at 15:16 (labots Jul 05, 2011 at 15:19)

Biedrs kopš 200 ieraksti

goodboyfx posted:
isnt this FX competition whats with people trading oil/gold? will they be disqualified??

I know right? 😐 The top people seem to have got there by things other than currencies.....look at current #1.....I think a lot of rules were not clarified as they should have been. What good is it to have a Forex trading competition if those who win it aren't even trading currencies?? 🙃

jasonrogers

Biedrs kopš 243 ieraksti

Jul 05, 2011 at 16:54

Biedrs kopš 243 ieraksti

To clarify, all products in the demo are eligible for trading in the contest.

Male

Biedrs kopš 177 ieraksti

May 07, 2012 at 09:58

Biedrs kopš 177 ieraksti

I installed a new platform for the purpose of your competition. Unfortunately, I do not have in the "market" any symbol. As you may be the reason?

Pielikumi

I'm lazy.

jasonrogers

Biedrs kopš 243 ieraksti

May 07, 2012 at 20:43

Biedrs kopš 243 ieraksti

Hi Male,

First, try double-clicking where it says FXCM to see if it will show you the symbols. If not, you might be using a demo that has expired. Go to this link to register a demo for the contest: http://www.myfxbook.com/contests/trading-championship-may-2012/8/rules

Then right click on the Market Watch window and select Show All to see all the symbols.

Jason

Male

Biedrs kopš 177 ieraksti

May 08, 2012 at 10:39

Biedrs kopš 177 ieraksti

Enough to know that right-clicking causes all symbols. I registered for the contest and got a login already.
Just do not have any symbols or history, nor in the "market", which can see on the previous screens. Installing a new installation of the platform once again has the same effect! It never happened to me before this thing with any other installation of other MT4 brokers.
On this your installation, I can not even set up a new demo account outside the competition, because in the choice of account and the currency, I have no choice.