Discussion of the Forex Contest GDMFX Forex Contest

EA robot trading, ban

Weinstein posted:

Croco_Dile posted:

Weinstein posted:

IP tracking.
Gamblers in casino.
Trading is not a zero sum game.
There is no risk.

Weinstein, you really need a good avatar !
Don't be faceless.....

Good luck in trading ! Your live account looks really good ! 😎

Indeed.
Thank you!

IP tracking. - agree, although there are ways to mask it.
Gamblers in casino - agree, if you are not a professional card counter or poker player
Trading is not a zero sum game - agree, nothing to dispute
There is no risk. - Seriously? Even a decision to turn on your PC has risks of you getting electrocuted, just that the risk is so small, your gains of having it turned on to allow you to utilise it outweighs that of you dying from electrocution. Cannot see how any serious trader would agree to this statement.

Anyway it seems we are all wasting out time on what he does rather than improving ourselves. And he enjoys trolling every single rational person here. Probably really better to just mind our own trading haha.

Have fun!

Dear admin
do u like tell me in demo contest why day by day commision are increased ???

Just another question, one that might seem a bit 'unorthodox':

Is it within the rules to train a bunch of really trainable pigeons to trade on the contestant's behalf? There have been experiments where they can be trained to detect cancer cells visually with high accuracy and so hypothetically there's no reason why they can't also detect and classify market behavior and in effect make trading decisions (in exchange for food).

I suppose this would be considered as another form of automation or cheating (not that I would try this personally) even though they are not actual EA's they would behave like bioloigical EA's with neural nets... it would probably mean the contestant would be disqualified because they are not the ones doing the trades (so the pigeons should get the reward).

I'm baffled by how the current trading results so far have reached well over +1000% ROI. Either some people here are finding ways to apply the 'law of very large numbers' which is legally dubious (in the context of contest rules) or they are genuinely a rare few who could be classified as 'supertraders'.

Hello guys😳
How do I know ordinal in the contest, please

With thanks and appreciation to you

darn! there are serious traders in here walala

I just hope the top 10 will maintain till the end. 😎

from level 86 to 28xx, now 65.😂

Just how a lot of Contestants managed over 1000% profits in just a couple weeks is really beyond me!.....Are you guys for real?...if so, I sure would like to try out your 'system' on a real live trading account and see whether it works the same way :)
I am barely managing 10% profits and is, of course, way, way, way behind the top leaders😕

Anyway it seems we are all wasting out time on what he does rather than improving ourselves. And he enjoys trolling every single rational person here. Probably really better to just mind our own trading haha.

Have fun!

His thinking and sharing level would never match that of an average trader here.. let alone new traders..
 

jsoh85 posted:

Anyway it seems we are all wasting out time on what he does rather than improving ourselves. And he enjoys trolling every single rational person here. Probably really better to just mind our own trading haha.
Have fun!

We all do improve. Even by participation in a stupid Demo contest.... LOL
Also we all are having fun.
Isn't it real fun to se those up and downs ?!
😇

vocasla posted:
Just another question, one that might seem a bit 'unorthodox':

Is it within the rules to train a bunch of really trainable pigeons to trade on the contestant's behalf? There have been experiments where they can be trained to detect cancer cells visually with high accuracy and so hypothetically there's no reason why they can't also detect and classify market behavior and in effect make trading decisions (in exchange for food).

I suppose this would be considered as another form of automation or cheating (not that I would try this personally) even though they are not actual EA's they would behave like bioloigical EA's with neural nets... it would probably mean the contestant would be disqualified because they are not the ones doing the trades (so the pigeons should get the reward).

The pigeons will be disqualified using a shotgun by the broker. 😈 😈 😡
LOL

Boferer posted:
Weinstein, please, could you answer one question?

Why do you even bother to trade in a contest with a 4000 USD prize when you have over 5000 % return on your real portfolio?

Plus, where in the screenshow can we see that its actually a real account and not a fake one?

thaTS A SILLY QUESTION, HE LIKES TO COMPETE, AND HE LIKES TO WIN, NOW ASK HIM A REAL ONE EH?

Orangotang posted:
I just hope the top 10 will maintain till the end. 😎

THEY WONT IMMA SMOKE EVERY LAST ONE OF THEM HEH

vocasla posted:
Just another question, one that might seem a bit 'unorthodox':

Is it within the rules to train a bunch of really trainable pigeons to trade on the contestant's behalf? There have been experiments where they can be trained to detect cancer cells visually with high accuracy and so hypothetically there's no reason why they can't also detect and classify market behavior and in effect make trading decisions (in exchange for food).

I suppose this would be considered as another form of automation or cheating (not that I would try this personally) even though they are not actual EA's they would behave like bioloigical EA's with neural nets... it would probably mean the contestant would be disqualified because they are not the ones doing the trades (so the pigeons should get the reward).

I'm baffled by how the current trading results so far have reached well over +1000% ROI. Either some people here are finding ways to apply the 'law of very large numbers' which is legally dubious (in the context of contest rules) or they are genuinely a rare few who could be classified as 'supertraders'.

bWHAHAHA THE TRADES ARE PUBLIC! I entered late and thought I was doing ok, until I saw 1000% I only got like 7% a day two days trading int he contest, I guess I gotta step it up a notch?>

jsoh85 posted:

Weinstein posted:

Croco_Dile posted:

Weinstein posted:

IP tracking.
Gamblers in casino.
Trading is not a zero sum game.
There is no risk.

Weinstein, you really need a good avatar !
Don't be faceless.....

Good luck in trading ! Your live account looks really good ! 😎

Indeed.
Thank you!

IP tracking. - agree, although there are ways to mask it.
Gamblers in casino - agree, if you are not a professional card counter or poker player
Trading is not a zero sum game - agree, nothing to dispute
There is no risk. - Seriously? Even a decision to turn on your PC has risks of you getting electrocuted, just that the risk is so small, your gains of having it turned on to allow you to utilise it outweighs that of you dying from electrocution. Cannot see how any serious trader would agree to this statement.

Anyway it seems we are all wasting out time on what he does rather than improving ourselves. And he enjoys trolling every single rational person here. Probably really better to just mind our own trading haha.

Have fun!

um clue: probably better to examine his trades and learn something?> also please dont look at mine Im a master marker maker and I am just getting warmed up, I rule the markets and dunno if I wanna show all you all that, the banksters may hunt me down

Boferer posted:
Weinstein, please, could you answer one question?

Why do you even bother to trade in a contest with a 4000 USD prize when you have over 5000 % return on your real portfolio?

Plus, where in the screenshow can we see that its actually a real account and not a fake one?

He broke his broker
Now they are broke
FInd another one

Just how a lot of Contestants managed over 1000% profits in just a couple weeks is really beyond me!.....Are you guys for real?...if so, I sure would like to try out your 'system' on a real live trading account and see whether it works the same way :)
I am barely managing 10% profits and is, of course, way, way, way behind the top leaders :p

jsoh85 posted:

Weinstein posted:

Croco_Dile posted:

Weinstein posted:

IP tracking.
Gamblers in casino.
Trading is not a zero sum game.
There is no risk.

Weinstein, you really need a good avatar !
Don't be faceless.....

Good luck in trading ! Your live account looks really good ! 😎

Indeed.
Thank you!

IP tracking. - agree, although there are ways to mask it.
Gamblers in casino - agree, if you are not a professional card counter or poker player
Trading is not a zero sum game - agree, nothing to dispute
There is no risk. - Seriously? Even a decision to turn on your PC has risks of you getting electrocuted, just that the risk is so small, your gains of having it turned on to allow you to utilise it outweighs that of you dying from electrocution. Cannot see how any serious trader would agree to this statement.

Anyway it seems we are all wasting out time on what he does rather than improving ourselves. And he enjoys trolling every single rational person here. Probably really better to just mind our own trading haha.

Have fun!

Don't measure the detriment without considering the advantage.
Let's distinguish risk from VAR (value at risk).