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Forex Contest FIXI Markets
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Jun 07, 2018 at 22:48
As the contest goes on, more interesting data emerge onthe 3812 contestants: 1) only 710 of them have any positive equity (1% or above), that is just 18% of the contestants;2) of the ones with 100% equity or above, of which there are 72 - which is 1.8% of the contestants - a) five of them have 50% or higher drawdown; b) thirteen of them have 40% - 49% drawdown; c) eleven of them have 30% - 39% drawdown.Are these healthy numbers?The jury is out.
Forex Contest FIXI Markets
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Jun 07, 2018 at 11:48
Well, all you do is go into the list tabs and click on 'Equity' or 'Drawdown' to put the contestants' list in order byhighest to lowest equity, or drawdown, etc.
Forex Contest FIXI Markets
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Jun 07, 2018 at 11:42
yes, absolutely, but even automated strategies need a risk manager to allocate parameters that programmers implement,so a human element of risk-taking or risk-aversion still is at the core.
Forex Contest FIXI Markets
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Jun 06, 2018 at 13:38
Out of interest, since the contest opened (last Sunday night)out of the 3812 contestants there are already 807 whoseequity is negative and already 329 who have a drawdown of50% or higher.The very top traders' trades all have extremely high leverageand some of them may well disappear shortly due to overexposure- of a kind that you would never attempt with real money.What this says about these contests is that they do not measuretrading business skills or a trader's potential for longevity in the marketsbut a Russian-roulette style of 'trading' that has very little to do with act...
Forex Contest Vantage FX
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Jul 09, 2016 at 20:09
It does not update at weekends.. Run the Trading Station Publiaher on Monday amd it will updateyour MyFxBook...
Forex Contest Vantage FX
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Jul 04, 2016 at 08:08
Haha Yeah , right...
Forex Contest Vantage FX
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Jul 04, 2016 at 06:48
Enjoy the beach. It is raining pretty much every day here in Scotland. Perfect weather for staying in ..
Forex Contest Vantage FX
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Jul 01, 2016 at 08:33
Yes I can trade fine, from my 'phone...
Forex Contest Vantage FX
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Jul 01, 2016 at 05:54
I am on the MetaTrader platform, ready to start the competition, but when i try to raise a new order the box is blank... is the competition starting at the London open rather than the start of the day (after midnight)?
Forex Contest Vantage FX
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Jun 26, 2016 at 08:22
It starts tonight...
Forex Contest Vantage FX
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Jun 23, 2016 at 08:55
Check the smallprint, always...some brokers will only lock your contest funds in a live account for a period but then you can withdraw them...others may just give them to you right away but still get the reward through publicity exposure...
Forex Contest Vantage FX
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Jun 22, 2016 at 06:36
That would be great!
Forex Contest Vantage FX
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Jun 21, 2016 at 10:12
This is exactly what I was getting at in my earlier posts, namely, that there is no level playing field here...When they advertise these contests they do not say 'By the way, people will be allowed to use robots/EAs so forgetmanual trading'... They should just advertise EA contests separately...Some people on here responded by saying that there is no big difference between repetitive manual trading and an EA,only an EA is a more efficient way of doing what is done manually, in some styles of trading...I partly disagree with this type of mixing, because if anyone who does not do EAs (an...
Forex Contest Vantage FX
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Jun 19, 2016 at 11:47
I agree, it does encourage a gambling style...Pip count should matter, and position size should be restricted perhaps...
Forex Contest Vantage FX
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Jun 19, 2016 at 08:49
Interesting points... Good luck to you too :)
Forex Contest Vantage FX
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Jun 19, 2016 at 08:36
FXcM do a trading contest with small live accounts (you have to.deposit at least 50GBP)...You could try them?
Forex Contest Vantage FX
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Jun 19, 2016 at 08:36
I agree, designing an EA is indeed a skill... I guess I am more interested in discretionary, manual trading than automated trading... Also, automated vs. manual in a short space of time is probably not as even a playing field as it would be if all participantswere obliged to trade manually but that is entirely my opinion.I apologise if I came out a bit strong earlier, and all the best of luck to us all, EA or not :)To Jessica Frisbee: in what way do you need help? Could you be more specific?
Forex Contest Vantage FX
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Jun 18, 2016 at 17:45
I should hope not...what is the point of sticking a robot on and calling that a contest entry???I hope that anyone hoping for 6000% profits is doing it manually, for that is a skill, not switching onan EA...Just my opinion :)
Forex Contest Valutrades
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Jun 18, 2016 at 17:44
What I would like to know is: how did people get returns over 1000% and up to 6000%? Was automated trading allowed?
Forex Contest Valutrades
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Jun 15, 2016 at 06:41
Hello everyone! I was 172 last time I checked, about half an hour before the closing of the competition...There were, I think, 3717 participants, so I did not do too bad...+60% profit on the account...I still cannot believe some people had, like, 6,000% profit... Were robots/EA allowed? Do we get an acknowledgement e.mail from ValuTrades with our final ranking? Also, when is the next contest?:)
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