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RahmanSL
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Forex Contest FX Choice
在
竞赛
中
Mar 03, 2015 at 07:53
To prevent "gambler Trader(s)" who open large lot size trades and luck-that-through-with-a-large-wining-position, I would suggest a limit size on lot trades (perhaps 10.0 lot size) and maximum 5 open trades at any one time.With these two additional T&C in place, that will give new traders a chance in the competition.I have checked out this broker and, though I am not too keen on a broker headquarter & regulated in Belize City, Belize, I will try out their trading platform in this competition and see what happens from there.Also I have checked reviews on couple forums and see ...
Forex Contest Squared Financial
在
竞赛
中
Feb 27, 2015 at 19:48
Well....few more hours to go before end of this competition. Best position that I managed to get is No. 87....far from winning the competition, BUT from a total of 3,311 competitors, I would say I didn't do too badly and also considering I never entered ridiculous above 50-1000 lot size trades 😁To the winners of this competition, CONGRATULATION and good luck trading live account with the broker....just don't trade like you guys did in this competition and you might make some money....and also, good luck with your withdrawal(s) too 😀😎
What is the minimum salary and experience to be able to trade live?
在
新手交易员
中
Feb 27, 2015 at 07:15
Well, you can practice on cent trading account to hone your trading skill......in fact, it would be much better to practice on a LIVE cent account than on a Demo because that would condition your brain to practice good money management as you know you dealing with REAL money. Demo account is FUN as you can trade any amount & lot sizes as it's all virtual/play money, BUT the danger is that you might do the same on your live account and wipe it out in no time.As I have mentioned earlier, you should have a mindset to treat your trading account an "investment" and, like any other...
What is the minimum salary and experience to be able to trade live?
在
新手交易员
中
Feb 26, 2015 at 13:05
To those who are or have some reasonably good trading experiences:Seriously, is it that difficult to get usd5-20 daily profits on a usd200-1000 trading account????
What is the minimum salary and experience to be able to trade live?
在
新手交易员
中
Feb 26, 2015 at 06:08
Any Tom-Dick-and-Harry can open a trading account and trade the forex market with any broker as long as he can deposit some money.....very similar to Casino yah!😁Here's something for you guys to ponder: On a usd1,000 trading account, if you make just 0.1% daily profits, that would be usd1 and equals usd260 or 26% a year (based on 260 trading days).How much does your bank, or any other bank in the world, pays you for your fixed deposit????😁😀😎
Forex Contest Squared Financial
在
竞赛
中
Feb 25, 2015 at 05:29
I have personally seen live account of some guys who open 4 positions/trades of between 200-400 lot sizes (but they can never get round off number of lots but only what is available in the market...i.e 230, 367, etc lots).....but they have over usd42m account 😀 and makes around usd250-500k daily profits.Guys, no point in arguing about this competition as it's drawing to a close and, regardless of our personal opinion, the top winners will be crowned winners 😁.....personally, I believe I did okay on my competition account.My advice to you guys: Go join other competition(s) ...
Forex Contest Squared Financial
在
竞赛
中
Feb 24, 2015 at 13:00
Yes, and I am very sure the top winners will make a lot of money trading with this broker like they doing in this competition 😁
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
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新手交易员
中
Feb 24, 2015 at 09:47
Brokers should provide trading competitions to attract real genuine traders to participate, and to experience, try out, and to assess their trading platform.By allowing EA/Robot in competitions which the broker will not approved to be used on live accounts anywhere, the broker is discouraging and driving away these potential clients.That's my opinion and personal view and, very honestly, I don't think SF will become one of my live account broker.
Forex Contest Squared Financial
在
竞赛
中
Feb 24, 2015 at 08:33
For those interested, sign-up & participate in Dukascopy Traders competition which is much fairer but tougher especially when having to learn how to use their jForex trading platform that is quite different from MT4. I have been there a few weeks (disastrous on trader's competition) but is getting quite use to the jforex platform. (There are also a whole bunch of other daily/weekly/monthly/yearly competitions too including....of all things....poker!...yes, the same type of casino game😁)....and a beauty contest called Ms Dukascopy when members vote for their favorite girl Ƕ...
Forex Contest Squared Financial
在
竞赛
中
Feb 24, 2015 at 08:01
USD5k initial deposit???......hehehe.....I am VERY SURE the broker SF will be undulated with new applications from ALL the top winners of this competition to open LIVE accounts so that they can use their super-duper EA/Robots to become multimillionaires in matter of days 😁😀😁😎
What is the minimum salary and experience to be able to trade live?
在
新手交易员
中
Feb 21, 2015 at 07:20
For those who are still young and not-so-young too (18-50), have little "spare" money/capital, and not so well paying job, but has ambition to make a living from the forex market one day, here are my suggestions:1) Read/ do research and get yourself thoroughly familiar and educated on the forex market....1-2 months.2)Join/participate on various forums and ask questions/advice from more experience Traders.....ongoing process 3) Research and select a reputable and well regulated broker or brokers.....same as Item 14) Start Demo accounts with at least two different brokers to get famil...
more than 1 broker at the same time
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新手交易员
中
Feb 21, 2015 at 06:09
It's completely legal to have more than one broker at the same time......I have 3 on live accounts and 6 on Demo and in competitions running on my computer at the same time 😁I use Demo account(s) to test out broker MT4 trading platform performances and also to "test" trades before entering trades on live account(s)......trading competition is to keep my brain in "fighting condition" for trading the forex market 😁😀😎
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
在
新手交易员
中
Feb 21, 2015 at 06:03
YES, it's very possible to turn usd100 to over usd1000....as proven on screenshot on 1st post ....I presume he used 1:2000 leverage which dramatically increased the usd100 trading power that enable him to place significant lot size trades.....and if he has done his homework on the forex market, he can make a lot of money from these large trades. BUT do remember that the broker change the 1:2000 leverage to 1:200 over the weekend & public holidays and if the trading account has little free margin remaining, that will wipe out the trading account.
Contest - RahmanSL
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交易系统
中
Feb 20, 2015 at 04:58
Yes, I am basically a fundamental trader, but I do refer to technical for confirmation of market probable direction. However, I cannot bring myself to trust technical too much because currency is dictated by the economy of that country and NOT because an indicator pattern say so 😝In actual fact, if you are not greedy and is happy with a usd50-100 profits per day, it's relatively not that difficult to achieve that on a daily basis, BUT do that with a usd3k trading account.......or if funds are insufficient, start on what you can afford and slowly & patiently build up the trading...
Contest - RahmanSL
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交易系统
中
Feb 18, 2015 at 11:13
Hi @buff_0......thank you for your compliment 😄For this competition, in trying to catch up with the top leaders I traded in a very stupid & reckless manner and is stuck with some losing trades (all eur/usd) and I couldn't make any more trades for few days now. Hopefully, what I have read in the market, the euro will weaken due to Greece & other Euro-zone problems and I will be able to close out my trades and continue trading from there. BUT I don't think I will be able to catch up with the top leaders.If I could trade earlier on just before ket UK data, I would have sho...
Forex Contest Squared Financial
在
竞赛
中
Feb 16, 2015 at 09:41
Well, well, well....my position is now 193 with 81% gain in equity 😁...uhhmmm...hehehe...if Administrator can "kick-out" 184 more "cheater competitors", I will be in the top 10 😈😈😈
Forex Contest Squared Financial
在
竞赛
中
Feb 14, 2015 at 04:50
End of another trading week and tons of money have been made or lost.In this competition, I have managed to crawled back from position 1,970 to No. 214 with 75.43% gain......not good enough to beat super-duper EA/Robot Traders, but ALL trades were carried out manually based on my own fundamental analysis of the forex market.......and absolutely no pips were hurt in the course of my trading sessions😁😀..... in my two real trading accounts, I achieved basically the same results as I mirror trades with Demo accounts....i.e I first enter trades in the Demo account to see whether my ...
Forex Contest Squared Financial
在
竞赛
中
Feb 13, 2015 at 06:11
For those who have just about given up on this competition....well.......it's a good time to go all-in shorting the EUR/USD, sit back and see what happens 😁
Forex Contest Squared Financial
在
竞赛
中
Feb 11, 2015 at 19:00
...hehehe....I am not quite "dead" yet in this competition....just that my equity has diminished significantly which accounts for the huge drop from No. 341 this morning (Asian time) to 1,970 😀.... I guess you are basically out of this competition unless, of course, 99% of the competitors are disqualified for "cheating" 😝...😁
Forex Contest Squared Financial
在
竞赛
中
Feb 11, 2015 at 18:12
....and now my position in this competition is No. 1,970 :p.........
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