Discussion of the Live Forex Contest Fidelis Capital Markets Forex Contest

Tomac posted:
i am waiting for next week. I am taking a rest now :-)

Yeah me too.

I'm so close.. U too Tomac

Hi,

I am sure everybody must be excited ..few more days to go .... :-) good luck to all the competitors .

Give your best ... :-) Live contest is better than the demo i believe ..what's your view guys?

I am amazed people make 40000+ % when it comes to demo but they are afraid to trade live 😁

Regards
Rashmi
Skype : rashmi2907

rashmi posted:
Hi,

I am sure everybody must be excited ..few more days to go .... :-) good luck to all the competitors .

Give your best ... :-) Live contest is better than the demo i believe ..what's your view guys?

I am amazed people make 40000+ % when it comes to demo but they are afraid to trade live 😁

Regards
Rashmi
Skype : rashmi2907


yes excited and amazed to see how Wasim recovered all losses and standing at number 2 now. This shows we never knows who will stand at best 3 position until the last second. Live trading is better in many ways ; serious trader participation , genuine trading strategy , prize money other than the real trading profit and much more. In my opinion all those who will generate more than 10 % are Winner. Good luck to all participant. Looking forward to hear from you all.

Regards,
Hari
Skype - hari7fx
Email - [email protected]

And those who do not generate more than 10% are losers? For what it is worth, out of all the competitors, only 2 stands out for their outstanding risk management and trading strategy:

https://www.myfxbook.com/members/chamchoun/contest-forexrival/1427010
https://www.myfxbook.com/members/mfb4fop/contest-mfb4fop/1408394

The rest are just plain gambling, not trading.

Keen in trading for us? Skype us at @TradeFyre

watchme posted:

Tomac posted:
i am waiting for next week. I am taking a rest now :-)

Yeah me too.

I'm so close.. U too Tomac

Everybody is too close :-D Hard times. Positions changing every hour :-D I am waiting for my last shot! :-)

TradeFyre posted:
And those who do not generate more than 10% are losers? For what it is worth, out of all the competitors, only 2 stands out for their outstanding risk management and trading strategy:

https://www.myfxbook.com/members/chamchoun/contest-forexrival/1427010
https://www.myfxbook.com/members/mfb4fop/contest-mfb4fop/1408394

The rest are just plain gambling, not trading.

Keen in trading for us? Skype us at @TradeFyre

I called them winner as generally fund manager make 7-8% monthly return. They will at least gain their trading profit. Tomac trading is appreciable too. Other who are taking calculative risk or trading with high risk reward ratio & getting their SL hit is not gambling. They all will filter out their wrong trade & will fight back. Good luck to all those.

Guys. Go to the beach. Just stop trade :-D

I am working hard on special contest settings for my robot and for last 2 days :-D
If it goes wrong I will use 'Kraken' for final solution :-D

Last day for the contest , Wish you all a good luck . Tough competition between few of them . :-)

 

I always thought something was wrong with my trading , when I could see traders making 10,000+% returns in demo contents in a month while I was languishing with sub 20% returns! Thanks to this live contest now I know, it is well with my trading, statistically am in the upper percentile. Demo trading , truly is not reflective of the real world. Its like winning a F1 race on a simulator/video game and bragging how good a driver you are.Yet when given a real car to drive at 200 mph on the real grand Prix circuit like the real drivers do, you run away/ crush and burn in the first corner. Congratulations to myfxbook and Fidelis capital for the first real trading contest, good job!! To myfxbook, going forward please ensure all contests are based on real money, Thank you.

Today is the last day... sad it doesn't end next week after NFP

mcmudah posted:
.....Congratulations to myfxbook and Fidelis capital for the first real trading contest, good job!!

To myfxbook, going forward please ensure all contests are based on real money, Thank you.

This is up to the brokers.
My-Fxbook is just a platform.

Yes, it would be nice to have more contest with REAL money by the better brokers with a tight commission model.
Like the pros are trading. Not the spread model, which no professional trader does.

HaripalSolanki posted:

TradeFyre posted:
And those who do not generate more than 10% are losers? For what it is worth, out of all the competitors, only 2 stands out for their outstanding risk management and trading strategy:

https://www.myfxbook.com/members/chamchoun/contest-forexrival/1427010
https://www.myfxbook.com/members/mfb4fop/contest-mfb4fop/1408394

The rest are just plain gambling, not trading.

Keen in trading for us? Skype us at @TradeFyre

I called them winner as generally fund manager make 7-8% monthly return. They will at least gain their trading profit. Tomac trading is appreciable too. Other who are taking calculative risk or trading with high risk reward ratio & getting their SL hit is not gambling. They all will filter out their wrong trade & will fight back. Good luck to all those.

I am very lucky for this contest. I can see others in action and its also a good school to me. Everybody need some piece of luck, also
 when using sophisticated system for this competition. My target is long term trading so I am satisfied with the course of my system because it was primarily build for smaller gain with no risk.

Thank you Haripal to you and to Fidelis for this contest. I'm enjoying it and I will do some promotion with logo Fidelis on my website ;-)

uf. Guys, thank you for the good fight!
I was nervous few minutes before the end.


WasimKhattak jumped over me yesterday (with DD -99,9% :-D ), so I was surprised first time and now, before the end 'myforexcraze' jumped to fourth place with 1 lot position on USDJPY. Crazy man!! :-D
He was closer and closer :-D

Have a nice day ;-)

Congrats to all participants!

From a professional perspective, I'd like to see a contest where the winners are determined by their gain to drawdown ratio. Some people have huge drawdowns - eg. WasimKhattak with 99.9% drawdown. There is a fine balance between gain and risk which successful traders have.

TradeFyre posted:
Congrats to all participants!

From a professional perspective, I'd like to see a contest where the winners are determined by their gain to drawdown ratio. Some people have huge drawdowns - eg. WasimKhattak with 99.9% drawdown. There is a fine balance between gain and risk which successful traders have.

Can't agree more .

Hi. Last few hours left for the contest to end..... THIS COULD BE A GAME CHANGER ... THE EXCITEMENT IS IN THE AIR. The contest will end today when the market closes.... Good luck to ALL...

For your information, the contest will end in 12 hours when NY closes, not now. The contest is still on! Trade on!

total registered: 140
total people traded: 56
total people not traded: 84
total people with profit: 13
total people with loss: 43

😄

Congrats to all who participated.