Contest - BKJEPARA (By forex_trader_46422)
Gain : | +164.15% |
Drawdown | 78.85% |
Pips: | 977.0 |
Trades | 32 |
Won: |
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Lost: |
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Type: | Demo |
Leverage: | 1:100 |
Trading: | Unknown |
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Contest - BKJEPARA Discussion
Member Since Mar 09, 2012
1 posts
Mar 23, 2012 at 10:46
Member Since Sep 10, 2011
16 posts
your trading is very good manually, you are able to trade at 100% for a good duration but then now only seeing your last competition with vantage fx at near the end you lost big. Did you loose focus or did your luck run out? I think you have a very good sense of the market and if you were trading a real account would do very well but being a competition you are going in too heavy and when the trade goes against you your loss is so big it can wipe out all your gains.
forex_trader_46422
Member Since Sep 01, 2011
33 posts
Mar 23, 2012 at 14:39
Member Since Sep 01, 2011
33 posts
kroote posted:
your trading is very good manually, you are able to trade at 100% for a good duration but then now only seeing your last competition with vantage fx at near the end you lost big. Did you loose focus or did your luck run out? I think you have a very good sense of the market and if you were trading a real account would do very well but being a competition you are going in too heavy and when the trade goes against you your loss is so big it can wipe out all your gains.
Dear Mr. Rudy
Thank you for your advice.
Yes, on the last Vantage Forex contest - i lose my ranking podium because of i do more speculative trading at near the end contest. On the Last time competition, I hope that i able to reach no.1 rank podium, but finally i loss too much. My rank drop to.9 ( https://www.myfxbook.com/contests/trading-championship-february-2012/6 )
I think i luck on the contest because of i newbie for forex market.
The competition is heavy too because of we do demo trade like to do real trade on the limited time opportunity to be the winner.
Mr.Rudy,. Are you join on other forex contest too ??, such as : www.championship.rtfx.com
regards
- bkjepara
forex_trader_46422
Member Since Sep 01, 2011
33 posts
Member Since Jan 22, 2010
35 posts
Mar 29, 2012 at 11:05
Member Since Jan 22, 2010
35 posts
Well it looks very promising, thanks to the myfxbook team now we have a trade browser, great tool and we can exactly see the trades, which look preaty good on your stratedy, its trend following, but be carefull on counter trend market, and the stop loss, I hope you plan to use one ;). Anyway I can share my strategy which is not for contest becasue it produces low protit but is consistant and very low risk great to manage the accounts, its with very tight stop loss about -20pips, small profit target, short time in the market, and very high win rate 88%. Details and statement on prive.
Member Since Feb 12, 2012
7 posts
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