Discussion of the Forex Contest Fidelis Capital Markets Forex Contest
Medlem sedan Sep 21, 2013
17 inlägg
May 08, 2015 at 07:37
bharathfx posted:Hello everyone I read the post and now you have already commented on everything that you could say good luck to all
I would like to bring to organizer's notice that the contestant gabriele2274 (currently at #1) has broken the contest rules.
It clearly says: 'The Contest will not allow more than a total of 500 open positions at any given time'
Look at this trader's open positions exceeding more than 500 positions !!
Please see the screenshot as proof.
nothing is impossible
Medlem sedan Jun 12, 2014
3 inlägg
May 08, 2015 at 16:41
holyltd posted:
Guys, luck is a definitive part in Forex contests. If we trade safe, the winner will be someone who risked almos everything and just by little he avoided a margin call...
Sad but true... someone should make other contest about not blowing up the account keeping slow, constant profit for months.
I Agree.
Is there some broker or something, with courage to make rules who are praticable in the market?
forex_trader_186239
Medlem sedan Apr 15, 2014
224 inlägg
May 09, 2015 at 07:54
Hello. I would like to know please : if the DD is important or only the final profit is important to win the contest ?
forex_trader_195742
Medlem sedan Jun 19, 2014
1 inlägg
May 09, 2015 at 07:55
I am in the fxbook competition profile on111 +290% day 5 using a system that is now available. There is only one way to trade
live trading by ea
live trading by ea
forex_trader_208553
Medlem sedan Sep 22, 2014
6 inlägg
May 09, 2015 at 11:30
gabriele2274 posted:Normally mt4 will not allow more than 500 open positions, you just can't open more, I can't see any screen shotbharathfx posted:Hello everyone I read the post and now you have already commented on everything that you could say good luck to all
I would like to bring to organizer's notice that the contestant gabriele2274 (currently at #1) has broken the contest rules.
It clearly says: 'The Contest will not allow more than a total of 500 open positions at any given time'
Look at this trader's open positions exceeding more than 500 positions !!
Please see the screenshot as proof.
Medlem sedan Jan 04, 2015
6 inlägg
May 09, 2015 at 11:32
iBrokersFX posted:holyltd posted:
Guys, luck is a definitive part in Forex contests. If we trade safe, the winner will be someone who risked almos everything and just by little he avoided a margin call...
Sad but true... someone should make other contest about not blowing up the account keeping slow, constant profit for months.
I Agree.
Is there some broker or something, with courage to make rules who are praticable in the market?
Yup, winner should be determined by pips growth, not equity growth, you can just made 100 pip and win the contest if you're using 10,000 lot ( total in a month or 500 lot per trade) for examples, others who made 5,000 pips will got nothing since they're using 0,01 - 2,00 lot (a more managed risk) per say
forex_trader_125834
Medlem sedan Apr 30, 2013
1 inlägg
May 09, 2015 at 11:34
I was sitting in the top 5 for most of last week then decided to gamble. I would never trade my account like this and don't think contests like these are a good influence on new traders. However, its free, fun & brings out the competitiveness in people and as long as you can switch your mindset back to sensible mode on your real account, then I see no harm in these lotteries.
May 11, 2015 at 04:25
herdiyanto posted:In forex making pips is not important, our final target is to earn money we should get profit at the end thats it, if any one trade with 0.01 lot with 10000 account they are using only 1000 usd funds only, so what is the use ?iBrokersFX posted:holyltd posted:
Guys, luck is a definitive part in Forex contests. If we trade safe, the winner will be someone who risked almos everything and just by little he avoided a margin call...
Sad but true... someone should make other contest about not blowing up the account keeping slow, constant profit for months.
I Agree.
Is there some broker or something, with courage to make rules who are praticable in the market?
Yup, winner should be determined by pips growth, not equity growth, you can just made 100 pip and win the contest if you're using 10,000 lot ( total in a month or 500 lot per trade) for examples, others who made 5,000 pips will got nothing since they're using 0,01 - 2,00 lot (a more managed risk) per say
forex_trader_208553
Medlem sedan Sep 22, 2014
6 inlägg
May 11, 2015 at 10:02
ydpm posted:There should be a rule that you can't trade more than 0.01 for every $250 account balance, so every $1000 would trade a maximum of 0.04,for the competition. Normal trading should be about 0.01 for every $500 account balance to be safeherdiyanto posted:In forex making pips is not important, our final target is to earn money we should get profit at the end thats it, if any one trade with 0.01 lot with 10000 account they are using only 1000 usd funds only, so what is the use ?iBrokersFX posted:holyltd posted:
Guys, luck is a definitive part in Forex contests. If we trade safe, the winner will be someone who risked almos everything and just by little he avoided a margin call...
Sad but true... someone should make other contest about not blowing up the account keeping slow, constant profit for months.
I Agree.
Is there some broker or something, with courage to make rules who are praticable in the market?
Yup, winner should be determined by pips growth, not equity growth, you can just made 100 pip and win the contest if you're using 10,000 lot ( total in a month or 500 lot per trade) for examples, others who made 5,000 pips will got nothing since they're using 0,01 - 2,00 lot (a more managed risk) per say
May 11, 2015 at 14:55
has anyone else notice that most of the top 10 traders in the competition have blown up every account in the past , how do we know if its luck this time around.. and i see people tracking them. lol i guess it hard to tell a real trader froma lucky one .
i am currently in 73 position of the competition . i hope to advance more this week .
happy trading to all ..
i am currently in 73 position of the competition . i hope to advance more this week .
happy trading to all ..
put your money where the market is.
Medlem sedan Apr 10, 2015
29 inlägg
May 11, 2015 at 19:17
cfflo69 posted:
has anyone else notice that most of the top 10 traders in the competition have blown up every account in the past , how do we know if its luck this time around.. and i see people tracking them. lol i guess it hard to tell a real trader froma lucky one .
i am currently in 73 position of the competition . i hope to advance more this week .
happy trading to all ..
Wait and watch. If not all then at least 7 of them will blow this account too
Medlem sedan Feb 22, 2015
178 inlägg
May 12, 2015 at 12:59
Where is the link to this contest's rules?
I trade Forex using my Bollinger Trend PRO mt4 indicator.
May 12, 2015 at 18:14
i am out of this competition i have real accouts to manage , and this is casino contest . lol the best i did was 71st spot and iam proud of that . but iam officially done .. if anyone wants to free pips visit me on facebook.com/pendingentry .. i have been giving out pips for 6 months now no loosing weeks yet .
happy trading to all ..
happy trading to all ..
put your money where the market is.
Medlem sedan Apr 10, 2015
29 inlägg
May 12, 2015 at 18:41
cfflo69 posted:
i am out of this competition i have real accouts to manage , and this is casino contest . lol the best i did was 71st spot and iam proud of that . but iam officially done .. if anyone wants to free pips visit me on facebook.com/pendingentry .. i have been giving out pips for 6 months now no loosing weeks yet .
happy trading to all ..
Why would you give up ? You can simultaneously trade accounts just like I do. I know its demo but everything teaches you something ;)
