Discussion of the Forex Contest GDMFX Forex Contest

Hello, I'm entering contest a little late but could someone help me figure out how to even execute a trade through this account?? Do I login through mt4? or is there a way through myfxbook? Asked support at myfxbook but still no response. Not really a noob question, I just don't even know where to find my login number for the account if it is through MT4. Thanks

MrSystem posted:
Hello, I'm entering contest a little late but could someone help me figure out how to even execute a trade through this account?? Do I login through mt4? or is there a way through myfxbook? Asked support at myfxbook but still no response. Not really a noob question, I just don't even know where to find my login number for the account if it is through MT4. Thanks

Dear Sir/Madam,
Please note that in order to be able to execute trades from your demo contest account you need to log in to the Meta Trader 4 platform. Please follow the link to download the MT4 platform: https://www.gdmfx.com/en/trading/mt4-desktop.

Please note as well that you can access our web trader platform as well: https://www.gdmfx.com/en/trading/web-trader

If you wish to trade from your mobile device, please refer to the link and download the MT4 mobile application : https://www.gdmfx.com/en/trading/metatrader-4-mobile

The server in all cases is GDMFX-Demo

Wish you happy trading!

when is the next contest? i want to join :)

GDMFX posted:

Mollyasengi posted:

GDMFX posted:

Mollyasengi posted:
hi GDMFX Team

Please advis if i can participate in the contest using Webtrader platform

Dear Sir/Madam,

You can participate in the contest by trading from the Web Trader platform.

I i have tried to log in but the error authorization failed is persistent

Double check your Contest account credentials on https://www.myfxbook.com/contests/forex-contest-gdmfx/38/rules (click Resend).

I have managed to access the web trader, however, everything is inactive except the Market watch

mario123 posted:

But the 2000% happens to be something apotheosic, do not you think?

No.

Some of the previous leaders were way over that already. Weinstein, for example, was up 7100+%
Soon we may see more of this......
😲

Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀

fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀

I looked at the leaders' trading histories, But, I did not notice any kind of ' lots ' rules violations. What violations did you mean?

В'єтнамців що йдуть 7-11 та 14-15 зараз скоро дискваліфікують.У всіх 7-мох одинаково відкриті контракти по фунто-японії

fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀

What is the lot sizes under the contest rules please @fxmiami ?

fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀

read the rules well.

Orangotang posted:

fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀

read the rules well.

The only thing i saw there about Lot size was :

Minimum volume – 0.01 lot, maximum volume – 1000 lots, step size - 0.01 lot, maximum number of open positions/pending orders - 200

2000% to 7000% profits???...hmmm...so these guys/gals must be multi-billionaires and who would make poor old old Warren Buffet seems like a lame Trader😝

...and here I am chugging along in the contest, in my same old normal trading style & strategy, and achieving only just over 98% profits and is way, way at the back of the pack at number 198

I supposed Brokers prefer high risk 'Traders' over consistent Traders

大家好！！

mavofx posted:

Orangotang posted:

fxmiami posted:
Some of the top gainers are not using the lots under the contest rules, so they will be disqualified regardless.😀

read the rules well.

The only thing i saw there about Lot size was :

Minimum volume – 0.01 lot, maximum volume – 1000 lots, step size - 0.01 lot, maximum number of open positions/pending orders - 200

as per the rules you are free to open between the minimum of 0.01 lot to the maximum of 1000 lot. of which the top contestants are in tandem with the rules.

If the rules were being broken by the top traders ( or any trader for that Matter), then the ADMIN would have long ago remove then from the contest. Also, why do some of you traders have such a problem when other traders make phenomenal PROFITS? Not all traders are happy with a ridiculous 5% profit per month. To each his own,for goodness sake!!!

RahmanSL posted:
2000% to 7000% profits???...hmmm...so these guys/gals must be multi-billionaires and who would make poor old old Warren Buffet seems like a lame Trader😝

...and here I am chugging along in the contest, in my same old normal trading style & strategy, and achieving only just over 98% profits and is way, way at the back of the pack at number 198

I supposed Brokers prefer high risk 'Traders' over consistent Traders

well demo contests there is nothing to lose. So participants through risk out of the window. A live contest on the other hand is a different scenario. rarely do winners surpass 300%

ChasingShadows posted:
If the rules were being broken by the top traders (or any trader for that matter), then the ADMIN would have long ago remove then from the contest. Also, why do some of you traders have such a problem when other traders make phenomenal PROFITS? Not all traders are happy with a ridiculous 5% profit per month. To each his own,for goodness sake!!!

Very true !
Instead of learning, some people are complaining about others...... Strange.

Good profits to ALL !
Even though this is Demo. LOL
😇

Croco_Dile posted:

ChasingShadows posted:
If the rules were being broken by the top traders (or any trader for that matter), then the ADMIN would have long ago remove then from the contest. Also, why do some of you traders have such a problem when other traders make phenomenal PROFITS? Not all traders are happy with a ridiculous 5% profit per month. To each his own,for goodness sake!!!

Very true !
Instead of learning, some people are complaining about others...... Strange.

Good profits to ALL !
Even though this is Demo. LOL
😇

Demo is indicative and can be as good as real..

RahmanSL posted:
2000% to 7000% profits???...hmmm...so these guys/gals must be multi-billionaires and who would make poor old old Warren Buffet seems like a lame Trader😝

...and here I am chugging along in the contest, in my same old normal trading style & strategy, and achieving only just over 98% profits and is way, way at the back of the pack at number 198

I supposed Brokers prefer high risk 'Traders' over consistent Traders

yeah im up over 100% as well, not doing anything too crazy, dont guess I can win anyways as I am unable to open a livew account at GDMFX so I cannot win the $ anyways I imagine, so its just practice I guess.