Contest - ForexPro (By ForexPro)

Gain : -9.88%
Drawdown 28.78%
Pips: -38.5
Trades 109
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Unknown

Contest - ForexPro Discussion

Jun 15, 2011 at 13:03
1,267 Views
5 Replies
Member Since Jul 23, 2010   70 posts
Jul 08, 2011 at 11:42
hey do you think these guys are exploiting a delay in price feeds or something? or just good at trading that particular one... looks pretty shady to me?
go with the flow; just be on the right end of the wave
Member Since May 10, 2010   382 posts
Jul 08, 2011 at 15:26
Are you talking about my trading or about the ITA40 trader gang?
Member Since Jul 23, 2010   70 posts
Jul 08, 2011 at 19:45
the ITA40 gang
go with the flow; just be on the right end of the wave
Member Since May 10, 2010   382 posts
Jul 09, 2011 at 00:55
well, I dont know and I dont care. In real live account they will fail with their trading style..😈
Member Since Mar 29, 2011   2 posts
Jul 09, 2011 at 01:54
I don't get it why is the ita40 so easy to rack up pips. If I traded the Dow jones it woulnt be so volatile. Don't really see how these guys are making that much in indexes
Member Since Apr 22, 2010   27 posts
Jul 09, 2011 at 08:25

apaschea posted:
    I don't get it why is the ita40 so easy to rack up pips. If I traded the Dow jones it woulnt be so volatile. Don't really see how these guys are making that much in indexes

Are you kidding? This is called momentum/trend and news trading.

Look up the latest international news about Italy's economy... they are simply playing the negative sentiment in that index, while risking a lot in hopes of a big payout, and it's working well for them. It won't last forever, and many accounts in this contest have blown up trying to do the same.

I say congrats to them for staying atop of current events and profiting from it...
Never trade for the sake of trading. Instead, wait for the trades where you have a clear advantage and exploit it.
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