Rating: Full Star Full Star Full Star Full Star Empty Star
Forex Contest 24FX
Föregående 1 2 3 4 5 6 .. 28 Nästa
Pf_fineco

Medlem sedan Mar 11, 2014  5 poster Pf_fineco Apr 20 2014 at 05:31
wich app we need to download?
mt5? mt4?

ymleong

Medlem sedan Oct 17, 2012  31 poster YM Leong (ymleong) Apr 20 2014 at 05:31
if not mistaken its in terms of vol in $, 'For every $1 of the prize, you must have a trading volume of $5000 in order to be eligible for withdrawal.'

This meant assuming you trade only usd base currency, ie, eurusd, gbpusd, audusd, nzdusd. NOTE again its TRADING VOLUME of $5000 per $1

Assuming that u won 1st prize of $3750, ==> $3750 * $5000 ==> $18,750,000 slim

1 lot of eu @ 1.38815==>$138,815. This works out to be abt 135 lots of EU. The trade volume is AFFECTED by bid/ask of that currency, if u trade GU, u would be able to reach ur target sooner. Whilst if u trade au, u will need more lots.
Typically an average active trader can trade abt 50-100 lots per mth, (unless the trader prefers positional trades, or slowly does it). Otherwise depending on that trader (and his/her EA that helped to win that prize), its abt 1 mth or even 1 day.surprise

To win this prize, its obvious whether that trader has a good strategy (which may include entry/exit/lot allocation). Its more likely that this trader that wins has some sort of EA to help with that. If this trader can hit abt 100-150 lots within this 1 mth contest, and get that deserved prize, then its no doubt that the trader can easily formulate the same strategy to get away the prize $. Whats more impt is that we all enjoy ourselves, besting each other, making friends, and even sharing strategies with each other (without spilling all the beans) during the contest. Its the best platform to meet like minded traders who always love a challenge cool

I have always kaputted my contest acct with all sorts of hairball EAs, until the recent ExcelMarket 9Jan-8Feb, whereby I was placed 8th. Just enjoy the ride and the excitement. Make friends, ignore naysayers, be confident, be gracious. When u know u r lossing and doesnt look like there's any hope, withdraw from the contest (esp after u hv lost 50% of the balance). At least u now know whether your EA's or strategy/ies work. And what r u doing if it doesnt? Just crying? NOW, go register and join the challenge! wink

Let your mistakes be your cornerstones NOT tombstones
sachinkumar

Medlem sedan Jul 27, 2011  43 poster ForexKing (sachinkumar) Apr 20 2014 at 05:35
Right said bro the condition is worst , Myfxbook should remove this type of contest.

Want To Be A Business Tycoon
biriant

Medlem sedan Jun 15, 2013  1 poster Bambang Iriyanto (biriant) Apr 20 2014 at 06:27
Yes, it's look difficult to WD even you win in the contest. I agreed for the opinion. Just register and if you not comfortable with it you can cancel the later.lol

Don't stop learn and practise.
alysharf

Medlem sedan Jun 15, 2013  29 poster alysharf Apr 20 2014 at 06:31
it mean that use the prize to make the trade of 5 million to get 1000$

intrania13

Medlem sedan Dec 06, 2013  1 poster intrania13 Apr 20 2014 at 06:32
Hi,

I would like to know how much money would be added to demo account and what is the leverage.

Have any body answer me?

shehnaz786

Medlem sedan Mar 13, 2014  6 poster Sayed Iqbal Ahmed Kadiri (shehnaz786) Apr 20 2014 at 06:33
these terms are ridiculous. if you do not have a live real account then it is not worth participating in this contest.
MyFxbook should do something about these terms

sensible trading and live to fight another day.
PanoramaForex

Medlem sedan Feb 23, 2014  4 poster Muhammad Kashif Qureshi (PanoramaForex) Apr 20 2014 at 06:33
Dear if you peoples feel terms and condition are tough then why you also not select contest of any other broker

Lim001

Medlem sedan Sep 21, 2011  27 poster Lim001 Apr 20 2014 at 09:02
I join a contest just to find out where I stand among the world best traders. The sponsor broker is a business entity not a charitable organization therefore to look after their profits is their basic right. Besides the price, we can think of other things. The joy of participating, get to know the other traders, sharing trading strategies etc.
Cheers to all participants.smiley

R3DWiNG

Medlem sedan Sep 21, 2013  85 poster R3DWiNG Apr 20 2014 at 09:13
I hope they work well with scalpings.

Föregående 1 2 3 4 5 6 .. 28 Nästa
Loading
Loading
EURUSD 1.19282 GBPUSD 1.33274
USDJPY 104.392 USDCAD 1.29891

Tools

Community

Recensioner

Mäklare

Plattform

Hjälp


Twitter |  Facebook |  Sitekarta  |  Villkor  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.