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Discussion of the Forex Contest Squared Financial 2014 Forex Contest
Aug 26, 2014 at 06:22
เป็นสมาชิกตั้งแต่ Mar 03, 2012
8 โพสต์
Aug 27, 2014 at 06:58
เป็นสมาชิกตั้งแต่ Jun 23, 2014
12 โพสต์
This is not a fair contest!!
I had a balance of 84K when getting a margin call on Friday 22nd. My understanding is that the highest -ve trades trades ought to be closed.This would have made my balance be around 43K-50K. In my case, Squared Financial deducted the negative profit and consolidated all the positions at a lower open price. Waking up on Monday, I could not even place a hedging position for a further downside for a short distance before it hit a 2nd margin call and before the prices shot up in my direction!! Rather than they reduce me to zero. I closed the trades with double the loss. Balance closed at near 16K. Even if I am new to forex, I have never experienced this absurdity with other demo brokers!!!
I had a balance of 84K when getting a margin call on Friday 22nd. My understanding is that the highest -ve trades trades ought to be closed.This would have made my balance be around 43K-50K. In my case, Squared Financial deducted the negative profit and consolidated all the positions at a lower open price. Waking up on Monday, I could not even place a hedging position for a further downside for a short distance before it hit a 2nd margin call and before the prices shot up in my direction!! Rather than they reduce me to zero. I closed the trades with double the loss. Balance closed at near 16K. Even if I am new to forex, I have never experienced this absurdity with other demo brokers!!!
Keep Learning and better your best!!
Aug 27, 2014 at 10:01
เป็นสมาชิกตั้งแต่ Aug 11, 2013
9 โพสต์
Hi,
Why don´t we have any response of the administrator of what happened with the Xau/Usd beginning this week. Strange also the first classified haven`t realized other order since then. Sure he is not part of the broker`s staff and make sure the Price keeps in their account?
Definitively the worst contest I`ve participated...
The saddest thing about all that is that a website as MyFxBook give a space at such a brokers.
Sincerally
Nordic
Why don´t we have any response of the administrator of what happened with the Xau/Usd beginning this week. Strange also the first classified haven`t realized other order since then. Sure he is not part of the broker`s staff and make sure the Price keeps in their account?
Definitively the worst contest I`ve participated...
The saddest thing about all that is that a website as MyFxBook give a space at such a brokers.
Sincerally
Nordic
เป็นสมาชิกตั้งแต่ Jul 16, 2014
3 โพสต์
เป็นสมาชิกตั้งแต่ Jul 27, 2014
1 โพสต์
เป็นสมาชิกตั้งแต่ Apr 20, 2010
808 โพสต์
Aug 29, 2014 at 00:55
เป็นสมาชิกตั้งแต่ Apr 20, 2010
808 โพสต์
Why the slippage not working ? In my EA. slippage is set to 3.
But the Gold spread more than 3 pip my EA still open trade.
Is it mean the Broker can manipulate the Slippage control of OrderSend() function ?
I need write an external detect of spread to avoid this?
But the Gold spread more than 3 pip my EA still open trade.
Is it mean the Broker can manipulate the Slippage control of OrderSend() function ?
I need write an external detect of spread to avoid this?
Information is Gold when come to organised.
เป็นสมาชิกตั้งแต่ Jun 09, 2014
134 โพสต์
เป็นสมาชิกตั้งแต่ Jul 31, 2009
1418 โพสต์
Sep 02, 2014 at 07:18
เป็นสมาชิกตั้งแต่ Jul 31, 2009
1418 โพสต์
http://www.myfxbook.com/members/zhilil/contest-zhilil/977065
http://www.myfxbook.com/members/zhi007/contest-zhi007/982769
One of the above accounts was ranked 3rd - both accounts were disqualified as we've identified it is the same trader.
http://www.myfxbook.com/members/zhi007/contest-zhi007/982769
One of the above accounts was ranked 3rd - both accounts were disqualified as we've identified it is the same trader.
เป็นสมาชิกตั้งแต่ Jul 16, 2014
3 โพสต์
Sep 05, 2014 at 13:38
เป็นสมาชิกตั้งแต่ Mar 15, 2014
3 โพสต์
The contest has ended, but how is Skalavox (currently 3rd), Junaidi (currently 4th) and Omoo (currently 5th) still making trades in the past 5 days (since September 1) and moving up the rankings. They're cheating and trading after the contest has finished.
Discipline and Patience...if you lack these traits, you won't last as a trader...hehe
Sep 08, 2014 at 06:30
เป็นสมาชิกตั้งแต่ Apr 24, 2014
6 โพสต์
pipmasta posted:haha, not same GMT i guess ^^
The contest has ended, but how is Skalavox (currently 3rd), Junaidi (currently 4th) and Omoo (currently 5th) still making trades in the past 5 days (since September 1) and moving up the rankings. They're cheating and trading after the contest has finished.

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