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Forex Contest FX Choice
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Mar 25, 2015 at 07:51
3000? LOL! 🙄
Forex Contest FX Choice
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Mar 25, 2015 at 07:48
^^^What he said.^^^
Forex Contest FX Choice
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Mar 17, 2015 at 08:57
This is hilarious.Already pages and pages of discussion about the account verification requirement on this thread for a week, and we still have dozens of idiots on here after the contest starts wondering why they can't trade. And then they are shocked when they learn about the verification stuff. Seriously people? You call yourselves traders? You think you have any chance in the forex world when you can't even read a simple list of rules? At least a few of them were able to scrape up enough intelligence to NOT send in their personal documents.I thought we had hit the bottom of the...
Forex Contest FX Choice
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Mar 14, 2015 at 14:09
Excellent posts! Unfortunately I'm sure the people arguing on the broker's behalf won't heed your warning, because they haven't even been able to grasp the reason most of us don't want to give our vital information to some Belize Bucket Shop. All I see is posts saying [trollvoice] "oh wow that's SO HARD to copy your ID hehehe lololol" [/trollvoice]... as if we are concerned that it requires too much effort to send in our documents.
Forex Contest FX Choice
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Mar 13, 2015 at 11:59
And how will FX Choice know whether the EA was purchased or not?
Forex Contest FX Choice
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Mar 12, 2015 at 11:02
The concern is that people (including me) don't want to send their personal information just to enter the contest.
Forex Contest FX Choice
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Mar 12, 2015 at 08:16
Nope.The key words are "IN ORDER TO PARTICIPATE".As seen in the rules page: "To participate in the FX Choice Contest you have to register for the contest providing the details requested. Each participant will have to supply proof of identity and address documents to be verified."And in the emails we have received...this quote coming from the SECOND email I received telling me to send documents: "But I would like to remind you that in order to participate in this contest you need to verify your account. To verify your account please send your ID Proof and Curr...
Forex Contest FX Choice
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Mar 11, 2015 at 15:53
Please provide a link to proof that it is not mandatory. Numerous people have already shown emails from the broker telling them they MUST register (I got that email too)... AND they have added a paragraph to the rules page that was not there before that states traders must provide their documents.
Forex Contest FX Choice
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Mar 07, 2015 at 14:11
Oh and by the way...I don't think we have an answer yet on what constitutes a "commercial robot" and how the broker will know the difference?
Forex Contest FX Choice
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Mar 07, 2015 at 14:11
😁Ya ban EA's cuz I don't have a profitable one! Ban all those fancy indicators cuz I don't know how to use them! Ban candlestick charts cuz I don't know how to read them! Ban online trading platforms cuz I have a slow internet connection! Ban scalping and day trading cuz I prefer long term trading and don't have time to watch charts all day long! Let's get our price data by mail once a week and draw our own charts, then it will be "fair"!But seriously people....obviously there are some good ones, but pretty much every EA I've ever tried out wa...
Forex Contest FX Choice
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Mar 03, 2015 at 15:24
I'm not the one trying to change the rules to suit my style of trading. Besides, I said it was a bad idea IN MY OPINION...
Forex Contest FX Choice
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Mar 03, 2015 at 09:53
There are no such "rules" in the real world so this is a dumb idea IMHO. If somebody wants to trade balls out they should be allowed to...if they make good trades and know what they are doing they win big...if not, they blow up their account real fast. I've said this before but I'll say it again: Soros didn't become rich and famous by risking 2% per trade. That's just the way it is with short 1 month contests like these. If you want a "prop trading simulator" type of contest, go enter the Dukascopy one.
Forex Contest FX Choice
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Mar 03, 2015 at 09:52
That last contest thread set a new record for dumb questions easily answered by reading the rules...and definitely for the most whiners. Hopefully this will be better...though I see the questions have already started.We do need to clarify the rule regarding "commercial robots" though. As a couple others have asked, how would they differentiate between EA's that were purchased and ones that were coded by the trader themselves....or ones downloaded for free. Does this mean no EA's at all? (I don't use them so it makes no difference to me...but this IS a good question th...
Forex Contest Squared Financial
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Feb 08, 2015 at 14:37
Hmmm...well after seeing the insane gains the leaders had I decided I had no chance in hell so I downloaded some random HFT EA from the internet just to see what it would do. It did horribly. It placed a whole bunch of silly trades, most of them losers. I didn't even take the time to try and figure out how it was making decisions. Anyway, I hope I don't get DQ'd for that stupid thing. Now I'm mad that I had kinda thrown in the towel on this contest and made some silly random manual trades on NFP too...on top of that pathetic EA. Oh well.
Forex Contest Squared Financial
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Feb 06, 2015 at 13:11
Come on people...everyone with any experience knows that these contests are not a good measure of the "best real life trader". Even without automated trading, the winners of these contests always trade massive risk that they would likely never take on with a real account. But on the flip side, even though you could have a "no robots" contest, you can't really start putting limits on risk per trade etc "to make it more like real trading"...because the fact is, someone COULD trade with maximum leverage in real life if they wanted to. G...
Forex Contest FXCM
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Oct 30, 2014 at 08:54
Oops, you mean that big huge post right on the front page? 😳 The first time I read through I only read the first little bit of that post talking about the new spreads and skipped over the rest of it. Duh!Anyway, thanks eogorfx...and good luck!
Forex Contest FXCM
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Oct 29, 2014 at 09:01
Anyone else notice the Bid/Ask lines on the charts do not match the prices in the Market Watch window? They also denote higher spreads. Market watch shows spreads of around 0.3 or 0.2 for EURUSD and GBPUSD most of the time, but the chart lines are showing spreads of 2.2 etc. The attached screenshot shows spread of 2.2 on the chart, but 0.2 on the market watch.http://www.myfxbook.com/files/jdwbryan/chartcap1.JPG
Forex Contest FXCM
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Oct 27, 2014 at 15:57
Oops forgot to include the question from the FXCM FAQ's that guided me to the link above:"Does FXCM LLC accept accounts from my country?To confirm if you can open an account from your country, please click here to access our Trading Application. In the first drop down menu, select your country. If your country is included on that list, we are able to open an account for you."
Forex Contest FXCM
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Oct 27, 2014 at 15:57
For those asking repeatedly about if their country is accepted and are too lazy to try to find the information for themselves, I will spoon feed you just this once. 🙄Go here: http://www.fxcm.com/open-account/?visitor=2A272F5405013BBB-40000100C000106E&mboxSession=1414422160734-446062Select your country in the first dropdown box. If your country is not eligible it will give you a message. If you aren't eligible to have a live account, then there is no point in entering the contest, cuz you can't win the prize, which is a live account. 😝 If no message comes up and ...
Forex Contest FXCM
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Oct 27, 2014 at 15:23
^this
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