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Forex Contest FX Choice

AnalyzedIncome (AnalyzedIncome)
Mar 25 2015 at 07:55
206 poster
RahmanSL posted:
BoneOs posted:
Since one year i make contest whit the same broker and rules are
One lot max
5 open orders max
20 tradings lot of more than 10 minutes
sometime they are free or 5 or 10$ fees but if you have more than 10% you can have 1% bonus deposit in your real account
Never see so much complains from there


I think you are referring to FXOpen 😄.....I used to participate in their contest.

Yes, limiting the numbers of open positions and lot sizes does make a fairer open field to all contestants and helps contain super-duper EA/Robot traders.
i guess limiting those things wld tie the hands of cheaters and automated trader first of all contest shld be traded manually if someone wants to test their ea they can do it on any demo account

Greed and Non acceptance are the biggest enemies
Huckleberry
Mar 25 2015 at 07:56
28 poster
240Z posted:
Whining like a baby should be BANNED !!!!!!!!!!!!!!!!!!!!!!!


Yes, we should ban unfavorable opinions, legitimate criticisms and dissenting opinions. Atta girl, Castro...


AnalyzedIncome (AnalyzedIncome)
Mar 25 2015 at 07:56
206 poster
norby posted:
'Whining like a baby'??? 'dnt pass personal remarks'???

Where did you see that i was whining 'like a baby' and 'passing personal remarks', you should read your own comments first if you search for that

I just said that i lost precious time, that's not whining, if you don't care about your own time this is not my issue.

Anyways, this forum is pretty unfriendly so i was not surprised with the answers, i'm out of here and good luck to everyone in the future
dnt blame forums forum is like real world where u can find different kind of ppl u can block the users if u dnt like them forums are for gaiining more knowledge through others experiences

Greed and Non acceptance are the biggest enemies
laurix
Mar 25 2015 at 07:57
10 poster
myfxchoice posted:
Dear all,

It is to our knowledge there are issues in the contest with some trades due to server problems which causes unreal performance. The contest will be on hold whilst we are investigating further and will be restarted from the beginning on Monday 30th March.

We apologize for any inconvenience and we appreciate your understanding.

Best regards
FX Choice Ltd.


And why this contest still running? Why FXChoice won't stop and disable trading? FXChoice admits they have server problems but they are not doing anything to stop this nonsense. I haven't seen weirdest broker than FXChoice.

Best part what they said is 'are issues with some trades'..Some trades? Issues have been over a week now and we are not talking about 'some trades' we are talking about thousand of trades what are made by top guys.

Sokoro
Mar 25 2015 at 09:48
8 poster
fxchoice,
In previous contests any trader taking undue advantage of server problems was promptly eliminated. Then again re-starting is also welcome. :) some of us started off poorly.

ChuckNZ
Mar 25 2015 at 09:50
9 poster
The contest organisers will be posting here shortly telling us about the decision to restart the contest on Monday. I think most of us realise that the competition was bad right from the start. Stop losses and trailing stops were being ignored, constant lags in data feed and other issues.

I just hope that the announcement has all of the rules spelled out and, more importantly, I hope anyone competing takes the time to read and understand the rules.

The organisers can set whatever rules they want to impose. It is, after all, their contest and their prize money. But, some of us take contests seriously and are out to prove that our trading methods (manual or computerised) are capable of producing consistent returns over the duration of the contest.

Bring it on!

theriver80 (theriver80)
Mar 25 2015 at 12:10
4 poster
oh great now trading is Disable ???

FXChoices had listen to childish Traders, why ?? we have 'SAME OPPORTUNITY' at the begining isn't it ??

No Profesionalism To all of you that only INSULTING this broker and bla bla bla...

top trader is strong Man.

Think & Work Hard.

Live is Action Not Theory
FutureGains (FutureGains)
Mar 25 2015 at 12:11
2 poster
BoneOs (BoneOs)
Mar 25 2015 at 12:40
7 poster
RahmanSL posted:
BoneOs posted:
Since one year i make contest whit the same broker and rules are
One lot max
5 open orders max
20 tradings lot of more than 10 minutes
sometime they are free or 5 or 10$ fees but if you have more than 10% you can have 1% bonus deposit in your real account
Never see so much complains from there


I think you are referring to FXOpen 😄.....I used to participate in their contest.

Yes, limiting the numbers of open positions and lot sizes does make a fairer open field to all contestants and helps contain super-duper EA/Robot traders.




Yes you right Man (you pull the worms from my nose) My user name is Chatchoc and what is yours i will keep an eye on you

see you there for the next Contest stating soon and it`s Free with 5 000$ to start and only 3 open trades at a time

JacoAF (JacoAF)
Mar 25 2015 at 13:45
130 poster
theriver80 posted:
oh great now trading is Disable ???

FXChoices had listen to childish Traders, why ?? we have 'SAME OPPORTUNITY' at the begining isn't it ??

No Profesionalism To all of you that only INSULTING this broker and bla bla bla...

top trader is strong Man.

Think & Work Hard.



Wow, again I fear everyone is misunderstanding the actions/intensions of this broker (FXChoice). Personally, from what I read and understand from the statement from FXChoice, is that the 'contest is on hold'.... and will be 'restarted' (or continued seems more like the correct word) on Monday the 30th of March). So I predict they only halted the contest to correct the problems with their servers, and they will probably continue the contest on Monday with all the current trader positions and results exactly as they are, which in my opinion is the right thing to do.

It is very interesting to note how everyone is responding to the latest development in this contest. It is clear that most of the so-called 'childish Traders' as theriver80 so eloquently put it, are very passionate about having the contest re-started from scratch. This strong emotional expression about having a second chance to 're-start/try-again/do-over' the contest by these traders are probably (and this is only my own casual personal view) the reason they blew up their accounts or at least perform poorly in the contest. So even in the unlikely event that the contest will start over from scratch, Mr. TheRiver80, I am sure that the leaders like you and Mr. CicliForex have nothing to fear, since you are such 'good' traders with such a 'Think & Work Hard' attitude, that you should once again attain such incredible results.

On the other hand Mr. TheRiver80, a wise man once said 'the rich will get richer, and the poor will get poorer'. In your case, and any of the 'leaders' of any of these contests. those with large accounts will inevitably produce unreal results in these contests, simply because they gambled and by chance won big in the beginning. Therefore the so-called 'Think & Work Hard' philosophy you admirably advocate for yourself and Mr CicliForex is an illusion that only exists in these contests. I assure you sir, that you will NEVER be able to do this in Real Life, with Real Money and Real Emotions. What you and the other leaders in this or any contest is doing is pure gambling, and has nothing to do with trading in real life.

However, I will be personally very disappointed if FXChoice, re-starts this contest from scratch. I agree with you on one point. You and the other leaders had a good start (gambling or not aside) and you are in a deserving position to win the contest. I feel that the correct thing for FXChoice to do in this situation is to correct the server problems and continue with the contest as it currently is. Whatever the outcome on Monday, the way they handle this situation will be a reflection on how reputable the broker will be perceived in future. If this situation happens in real life, surely the broker will not 'give back' everyone their money, and hit the re-set button on all accounts. Such actions will result in endless lawsuits and they will probably be shut-down by the regulators.

To the so-called 'whiners', regrettably you blew up, or are in the process of blowing up your accounts. Accept it... in real life there is no such thing as 'starting over'.... your gambles unfortunately did not work this time

To the leaders, well done, your gambles paid off so far, wish you all the luck in winning the contest...

To the non-participants in this contest, you made a decision not to participate, so perhaps it would also be wise not to participate in the on-going 'whining'....

And to those traders who may be sitting on a smaller profit percentage (i.e. 5%, 12%, 23%, etc.), I wish to applaud your efforts in this contest. You are the true winners, by sticking to your trading principles, rules and strategies. Keep up the good discipline and stick to your guns, for you will be ones who will produce sustainable trading results on your live accounts in real life.

Peace out, good luck trading all

Keep it simple, be disciplined, get rich slowly and above all protect your equity!
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