Discussion of the Forex Contest Valutrades Forex Contest

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

I'm like so many manual traders. but I think tht , persons who had tried to have such EA or robots , have the right to win every competition, its not equal condition when I have 2-3 years experience and somebody with more experience. :)

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

use full margin and scalping ... no excuse if u cant outstand others

@dimas1302 you can use robots as well, why are you crying here? Everybody has the same conditions. There are better and worse traders and this DEMO competition will show who belong to each category.

Btw. this competition takes 1 whole month. Make every day 20% (leveraged) profit and you will be one of the winners.

isim posted:

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

use full margin and scalping ... no excuse if u cant outstand others

Agree....use Full Margin...LoL

Good luck everyone

Hi All

I cannot download the software. WHAT IS THE NAME OF THE SERVER??? The one in my eamil doesn't work. It says that its supposed to be Valutrades-Demo but it won't let me go any further.

Please help!

isim posted:

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

use full margin and scalping ... no excuse if u cant outstand others

Because they use Arbitrage EA, that Arbitrage trading is totally a BANNED trading strategy for the contest before & all of the broker are banned this Arbitrage strategy for Real account also, it makes the trader who been use it will disqualified because all of the open trades is in 1 - 2 seconds only with very huge lots, they take only 2 or 3 pips for every entry.

You all can see their trading history, that;s why they can gain 530% in just 2 days. Contest organizer ValutradesUK please do something with this all contest Cheater, this is not fair for other contestant.

bermudatraders posted:
Hi All

I cannot download the software. WHAT IS THE NAME OF THE SERVER??? The one in my eamil doesn't work. It says that its supposed to be Valutrades-Demo but it won't let me go any further.

Please help!

Go to file open an account then select scan then log in with your id should work now ;)

fijianforex posted:
Good luck everyone

Tx fijianforex you too man there are some very profitable people already here sickk!!!😁

Shahlegno posted:

isim posted:

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

use full margin and scalping ... no excuse if u cant outstand others

Because they use Arbitrage EA, that Arbitrage trading is totally a BANNED trading strategy for the contest before & all of the broker are banned this Arbitrage strategy for Real account also, it makes the trader who been use it will disqualified because all of the open trades is in 1 - 2 seconds only with very huge lots, they take only 2 or 3 pips for every entry. You all can see their trading history, that;s why they can gain 530% in just 2 days.

i dont think it is arbitrage trading ? it is more like scalping , i am personally a scalper who takes only few pips from the market , if your broker banned you from doing scalping , you might as well stop using the broker because they are mostly dealing desk, moreover do you think it is easy consistently grabbing a few pips from the market ?

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

Im also running EA's but i think im getting beaten back to the drawingboard :P I think algo can do much more then people because they can focus on many other things at the same time sure people can make good desisions but so can a algo if you use the right parameters... i thought what if we could send all normal people these signals we could grow our accounts like crazy. :P

isim posted:

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

use full margin and scalping ... no excuse if u cant outstand others

They are, I Think, Traders with 'No Money' and Contest-Yunkies and going everytime High or ALL-IN. In REAL-Live they were all 'millionär' in one monath. For winnig under the first ten places, to have to make every day over 100 % !!

Shahlegno posted:

isim posted:

dimas1302 posted:
How come liders of this contest get 500+% of profit for just 3 days? They use robots? If so, participants are in unequal conditions. Many people have no idea about algo-trading and do it manually. What do you thing about such results? 😕

use full margin and scalping ... no excuse if u cant outstand others

Because they use Arbitrage EA, that Arbitrage trading is totally a BANNED trading strategy for the contest before & all of the broker are banned this Arbitrage strategy for Real account also, it makes the trader who been use it will disqualified because all of the open trades is in 1 - 2 seconds only with very huge lots, they take only 2 or 3 pips for every entry.

You all can see their trading history, that;s why they can gain 530% in just 2 days. Contest organizer ValutradesUK please do something with this all contest Cheater, this is not fair for other contestant.

He still needs to pay spread + commissions. So in that case broker doesn't really care, if he holds trade few hours or few seconds. That guy paid on commissions so far: -$12780.50 😂
I would rather like to see such kind of performance on real account.

I have gone through some account and they are trading 15 lots... 40 lots.... 100 lots and look at it they are having leverqage of 1:200.

I thought the rules is 1:100 with 10,000 demo to start with.

I think this contest is not fair.... some are having leverage far exceeds what the organiser set for.

With this leverage you cannot even buy 10 lots .... don't talk about 15 lots........

Organiser please advice .......

Predict how much profit, only to have the opportunity to become a champion？

What leverage, and how to change it?

How come they have leverage of more than 1:100? If so, then the contest is fake.

ATMBlueprint posted:
I have gone through some account and they are trading 15 lots... 40 lots.... 100 lots and look at it they are having leverqage of 1:200.

I thought the rules is 1:100 with 10,000 demo to start with.

I think this contest is not fair.... some are having leverage far exceeds what the organiser set for.

With this leverage you cannot even buy 10 lots .... don't talk about 15 lots........

Organiser please advice .......

Leverage depends on traded asset: 100 lots of usoil+ =10 lots of a forex currency pair, so its normal with 10 000 $ you can open up to 100 lot of usoil+