I was thinking it would be very interesting to have a forex competion among the members of indo-investasi.
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►Could We have A Forex Competition◄
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Originally posted by 4xmeter View PostI delineated how to do it in my first post. However, during three days nobody reply to it; then, I erased it. Anyhow, there is no community here any longer. Now, we have moderators we private forum. Ironic!
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The Trading Competitions for me only make sense with some principles :
- Real Money
- Same Brokerage Company
- Same Initial Amount
- 2 Categories : Manual Trading | Automated Trading
- At least 6 Months of Competition - Best is 1 year
This way, imho you really see who are the real traders, real systems that work in "all" market stages, and most important at least for me, the money management applied to handle such period.
The competions of 1 month have no meaning for me at least - you can have a range month and a martingale strategy will make thousands of pips, in other hand of you have a trend month, trend following systems will be king, so a larger period ( min 6 month, preferable 1 year ) will show real power of system / trader to handle different market stages.
Regards,
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Originally posted by eggzactly View PostThe Trading Competitions for me only make sense with some principles :
- Real Money
- Same Brokerage Company
- Same Initial Amount
- 2 Categories : Manual Trading | Automated Trading
- At least 6 Months of Competition - Best is 1 year
This way, imho you really see who are the real traders, real systems that work in "all" market stages, and most important at least for me, the money management applied to handle such period.
The competions of 1 month have no meaning for me at least - you can have a range month and a martingale strategy will make thousands of pips, in other hand of you have a trend month, trend following systems will be king, so a larger period ( min 6 month, preferable 1 year ) will show real power of system / trader to handle different market stages.
Regards,
There are 32000 plus members in this forum. Some of them, aren't traders any longer.
However, if there is a participation of 10% monthly at $50 that is about 160,000 dollars.
100,000 for first place, 30,000 for second and the same amount for third.
Well, if you are that good you will win in a year about, 1,200,000.
By the way, no robots.
We also can invite the participation of others forum members like Hanover, Digital, Codemeister among others. The more the better. The organizer should charge a fee from the monthly jackpot to cover cost plus a reasonable profit. This is in general.
I know it is not that simple. Just a vision.
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Originally posted by Roels Major View PostInstead a competition, better we put our hard work to search a best MT4 ECN Broker....
No Hard Feel
I trade wit ATC Brokers for some years now, i even have clients accounts there and for me i can say they are the best in the market.
regards,
Regards,
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Originally posted by Roels Major View PostInstead a competition, better we put our hard work to search a best MT4 ECN Broker....
No Hard Feel
Be with the one that make you feel confortable.Last edited by 4xmeter; 07-12-11, 00:24.
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