Forex Contest GDMFX

nadmondo posted:
good morning ...what is the exact meaning of.... step size - 0.01 lot?

Тебе просто указали мин. объём !

OK EA's are prohibited, what about Dashboard EA that assists in opening trades manually?

Модератор ! Перечитал все посты и правила (может ещё гугл-переводчик не совсем точный ), да и вы с этими шагами запутали (0.01 ; 0.02 и т.д.) скажите просто -могу я с самого начала выставлять любой объём , насколько хватит плеча ! заранее благодарен !

WHat is the problem can someoen explain pls? I have zero balance yet, and plus still pending in the STATUS for the contest. I choose ALL HISSTORY in the mt4 but still pending on the status on myfxbook.com site. Ideas?

Hi there are rules of drawdown?

Hi GDMFX Support Team,
what is Margin call/Stop out levels ?......or there is no Margin call/Stop out levels ?.....thanks

hi
is the contest started?

всем удачи

Добрый день! по поводу открытия первых сделок не совсем понятно,каким объемом разрешается открывать сделку? обязательно только 0,01 что ли или можно больше?

moneygrows posted:
naked trading anyone?😀

Works best in the long run ... Indicators poisoning your brain and make you overwork everything

Hello All,
I wish everyone success in this contest.
Good luck!

anazri posted:

moneygrows posted:
naked trading anyone?😀

what do you mean naked trading..?

I think he means the price action trading style taught by Walter Peters.

does anyone know how to change their name? Mines just the number they gave me.

Wormhole posted:
Thoughts on COMP/S.

I am thinking about this comp and comps in general. There is only one way to win and thats to push the boundaries, if you trade in a sensible manner and trade well increasing your account by 1% a day = 20% over the month you still have little to no chance of winning.

If you look at the past contests and the % increase of the winners you will see what Im on about, all the winners took risks OR got seriously lucky.

No 'sensible' trader wins (without some good luck) and the winners normally have huge drawdowns.

What are your thoughts? MINE = We need to take risks to win ANY comp OR be on the right end of a BREXIT type trade.

Not saying comp winners are bad traders just that Taking LARGE RISK and LUCK seem to be major factors.

Same thoughts here, and the usual conservative risk management used in live trading or even in demo trading is thrown out of the window. More like, the gambling side steps in when it comes to competitions.

Wormhole posted:
Thoughts on COMP/S.

I am thinking about this comp and comps in general. There is only one way to win and thats to push the boundaries, if you trade in a sensible manner and trade well increasing your account by 1% a day = 20% over the month you still have little to no chance of winning.

If you look at the past contests and the % increase of the winners you will see what Im on about, all the winners took risks OR got seriously lucky.

No 'sensible' trader wins (without some good luck) and the winners normally have huge drawdowns.

What are your thoughts? MINE = We need to take risks to win ANY comp OR be on the right end of a BREXIT type trade.

Not saying comp winners are bad traders just that Taking LARGE RISK and LUCK seem to be major factors.

I agree with you. I took part in another competition before, and the winner was just a gambler. He had 400+% return in 3 months and a huge drawdown (can't remember the exact number but quite sure it was > 30%).

I think a competition is meaningless if the overall % increase in account is the only yardstick in deciding the winner. I am joining just to see what kind of traders are out there and for the fun of it.

The organisers should look at introducing an additional rule of 'not more than 10% or 20% peak-trough drawdown' to try and sift out gamblers winning on luck.

anazri posted:

moneygrows posted:
naked trading anyone?😀

what do you mean naked trading..?

It is not trading while naked but trading with no indicators on chart.

На балансе 0. Когда баланс будет пополнен?
On the balance of 0. When the balance will be credited?

Inostranec25 posted:
На балансе 0. Когда баланс будет пополнен?
On the balance of 0. When the balance will be credited?

Contest starts in 1 hour 45 mins.... all accounts should be enabled with the 10 000 starting balance at 22h00 GMT... thats what I understand anyway.... good luck!

saldo 000000000