Discussion of the Forex Contest FX Choice Forex Contest

Does anybody the 1st, 2nd, 3rd position trader's ID for yesterday or 2 days ago?

thanks!

Sorry, I meant anybody remember them?

Fern posted:
Hallo!
What happened? Why on my account wrote off all profit and cleared history of transactions? I on the account had profits more than 200%, and now 0%. My account 42080.

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Hello, I am not sure, it could be that FXChoice is in the process of resetting all accounts, so that the contest can be re-started from scratch, due to all the problems with their demo server.... The following was posted by FXChoice yesterday:

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Member Since Dec 05, 2014 29 posts Fx Choice Ltd (myfxchoice) Yesterday at 17:26
Dear all,

It is to our knowledge there are issues in the contest with some trades due to server problems which causes unreal performance. The contest will be on hold whilst we are investigating further and will be restarted from the beginning on Monday 30th March.

We apologize for any inconvenience and we appreciate your understanding.

Best regards
FX Choice Ltd.
<===

I could be wrong about this, but I guess we will find out soon enough. Hope this helps. 😄

How do I opt out of these messages?...

dth519 posted:
How do I opt out of these messages?...

Click on the 'Unsubscribe from this topic' link at the top of this page on the left hand side - it has an icon of a bell next to it...

It's Official! The FXChoice Contest is re-starting from scratch...

Check your e-mail for the details. Pay close attention to the Additional Rules at the end of the e-mail. I must admit, after reading the e-mail I have respect for FXChoice and the way they are handling the problems in this contest. Personally I feel that the contest should now be quite interesting, and I feel the best trader will emerge the winner.

However, that said, I will be sticking to my original choice of not taking part in this contest because I personally do not wish to forward my details and open an account with FXChoice - I already have a broker I am happy with.

To the rest of you, I wish you all the best.

Good luck trading!

!

JacoAF posted:
It's Official! The FXChoice Contest is re-starting from scratch...

Check your e-mail for the details. Pay close attention to the Additional Rules at the end of the e-mail. I must admit, after reading the e-mail I have respect for FXChoice and the way they are handling the problems in this contest. Personally I feel that the contest should now be quite interesting, and I feel the best trader will emerge the winner.

However, that said, I will be sticking to my original choice of not taking part in this contest because I personally do not wish to forward my details and open an account with FXChoice - I already have a broker I am happy with.

To the rest of you, I wish you all the best.

Good luck trading!

cld u post the details here i have deleted it accidentally from my tab so it was deleted from my mail too

aaceofspades posted:

should remember that these contests are meant to fun, and can never reflect the realities of live trading.

One of the few good points I've seen made here. The guys who use EA's, bots, HFT, whatever you want to call it are part of the real world system we trade in, so I don't have a problem with them. In reality, we're all competing against ourselves, but it's fun to look at the other traders stats and try to learn something new.

I hope FXC restarts the contest from scratch, just for the purpose of everyone starting from the same level and conditions. It seems from many of the comments made, that there were technical problems that disadvantaged some contestants from the beginning with order entries and other server issues.

If we're all a little more patient, I'm sure FXC will work hard to sort out the problems and host a successful competition.

Ace

conditions were same for everyone before also i jst hope they fix server problem before restarting the contest so tht there shldnt be difference in live price feed and demo price feed and their server lags a lot and most of them they disable some pairs too i dnt get it why

Additional Rules:
The minimum trading amount is 0.01 lots, and the maximum is 5 lots, with an increase by 0.01 lot on every order.
The maximum amount of pending orders for all symbols at any point in time is 100.
The maximum allowed total volume of an open position and pending orders in one direction (either buy or sell) is 15 lots for each symbol.


i guess trading 5 lot max will give good advantages to everyone it sounds like a limit poker where u cant go all in all the time so gamblers will loose in a single trade or gain with single trade of 5 lot gud luck everyone

accounts are resetted mine is back to 10k from 33 k

I applaud FXChoice for making & taking some very difficult decisions and did the right thing by admitting to their system failures, and listening to potential future clients' problems & suggestions and acting upon them to make the competition a more even field.
That is, in my book, are traits of what a good & responsible broker is all about.

For me, well, I will re-download FXChoice MT4 trading platform over the weekend and will partake in the competition once more.

Personally for me, it's not a matter of winning, but putting to the test all my more than 4 years of trading skill & knowledge when pitted against other similar Traders and see how I rank as a Forex Trader against the other competitors.

In a competition which has been made a more level playing field will certainly help in evaluating my trading skill & knowledge....also I get a chance to see how other Traders trade which will further enhance my skill & knowledge in trading the forex market.

To those who are apprehensive in sending their personal documents for verification, that's a fact of life we all have to face when signing up with any broker. If you think the information & documentation required by FXChoice (which are pretty standard requirement from all brokers) are too detailed, then you should try applying for a live trading account with Dukascopy who require a lot more documentations than I have ever encountered from any of the more than 10 brokers that I have used.

Does someone can say me what is means?: with an increase by 0.01 lot on every order.

The contest is start back from scratch back...i can gain back my account, good time this is 😁😀

It says that the contest will start again on March 30, Monday. And when will it ends? Would it be adjusted to one month again or the same date as April 14th at 21:00 GMT? Thanks

myfxchoice posted:
Dear all,

It is to our knowledge there are issues in the contest with some trades due to server problems which causes unreal performance. The contest will be on hold whilst we are investigating further and will be restarted from the beginning on Monday 30th March.

We apologize for any inconvenience and we appreciate your understanding.

Best regards
FX Choice Ltd.

i have recieve email from you . the date for start contest is monday on 30 march . but what date is the end contest ?

My acc i too 😀

facebook posted:
Does anybody the 1st, 2nd, 3rd position trader's ID for yesterday or 2 days ago?

thanks!

theriver80
cicliforex
gedeon (not sure was it him on 3rd position but according to statement it could be)

st3g0s posted:
Does someone can say me what is means?: with an increase by 0.01 lot on every order.

Hi,

I may be wrong about this, but I think what it means is that if you for example open a 0,01 lot (micro-lot) buy order on the EUR/USD, you may add additional micro-lot buy orders on the same instrument (example EUR/USD), as long as you do not exceed a total of 15 lots (you can open 1500 micro-lots 0.01 x100 = 1 lot -> x 15 = 15 lots) in open or pending orders in the same direction (buy orders) on the same instrument (example EUR/USD)

Like I said I may be wrong... perhaps someone from FXChoice will be able to explain this better... 😄

Good luck trading!