Loading...
Continue to Myfxbook.com
Continue to Myfxbook.com
Sign In
Sign Up
Open an account with FOREX.com
FX Tools:
Economic Calendar
Interest Rates
FX Calculators
News
spreads
Sentiment
Forex Heat Map
Correlation
Market Hours
Home
danielfppps
Posts
Share
Share this page!
Posts by
danielfppps
1
2
1
2
Contest for REAL accounts
in
Suggestion Box
Mar 24, 2010 at 15:52
I totally agree with Syed, demo contests will only encourage the use of VERY unsound trading tactics which will be able to generate short term profitable results. For example, a trader may use a martingale system and get very profitable results for a few months which wouldn't be sustainable in live trading. You are also risking the issue of systems which CANNOT be traded in a live account but are EXTREMELY profitable in demo. For example, one could use off-quote 1 minute channel scalping, which is impossible to do in live testing due to requotes but generates HUGE amounts of money in demo ...
You have an Ad Blocker!
Myfxbook is a site supported by advertisements. Here are two ways for you to continue browsing:
Ad Free Subscription
or
Disable your Ad Blocker
Already subscribed?
Sign In
You're not logged in
This feature is available for registered members only.
Registration is free and takes less than a minute.
Click the sign up button to continue.
Unless you're already a member and enjoying our service, then just sign in.
Keep up to date with the markets
Enable notifications to receive real-time important market updates:
Economic Calendar
Forex News
You can disable notifications at any time from your browser.
Unblock Notifications
You've blocked browser notifications for Myfxbook.com. Please enable it:
You can disable notifications at any time from your browser.
PREVIOUS
CONSENSUS
ACTUAL