Theyoungmaster:



You can add and remove funds with Hotforex and OctaFX. That should do. But then don't risk it.

infofirst:
Kindly open another account to remove any form if ambiguity. The fxblue metrics does not help when you add or remove funds.

NetValueFX:

I believe change is necessary to come to the best rule. Many people here agree with this change and I believe it should be allowed to exist.

10% trailing drawdown
0.01 lot
5 maximum open order
No pin
No restriction in explorer
1:25 leverage


Come to think of it, if anyone trades with these set of rules successfully for straight 6months without getting disqualified, that person can actually pass FTMO.

djwalata:

Is it up to this?
Honestly, I love what XAUTrader4L said.

GabsonFX:
Boss, I was just about suggesting 1month and was glad to see Shevy mentioned it.
But havin........
I have a suggestion to avert this.

GabsonFX:
You can choose any of these:
1. Make at least 3% weekly for 4weeks
OR
2. Make at least +/- 5% weekly for 4weeks.

With this, no one will be looking to sky rocket an account in order to stop trading for the rest of the month. This will also force everyone to trade diligently and continously......Just a suggestion, you have the final say boss. Plus with this, we can be sure to see consistency.

infofirst:

Seunisco:
For gold, to be honest I don’t see longs for now. There’s thin liquidity at the 1882 level

infofirst:
Bosses. Now that we have an improved contest. Lets learn to share trade ideas much more than we have been doing. Weekends are good times to do all that.
What pairs did you trade this week?
What was the outcome?
What did you learn?
Did you follow your strategy?
Did you respect risk management? Etc... These are some of what we expect when we say active members of fta.
Sharing trade ideas will not in any way affect your contest results.



For me, I trade gu, gj, gold, ustec, us30 this week
Just when I exit gj buy then boom the break out and
I missd out of the good move up. Gu up and down did not help either. Gold blessed my account too
But us tec and us 30.They enriched me. Thanks to @mayork2n.
I used to trade indices before I left because of their beast movement.

For next week, my aim will be to buy gold on every obvious 4h support tested until 1960 region. The moment price close on the daily below 1870 boom. My bias will change

infofirst:
1st position @Qpetz 42.6% $50
2nd position @Jerryson 32.2% $15
3rd position @Seunisco 20.3% $20
4th Position Netvaluefx 16.4% $15
@Klinksd Used Pin in his account . All against the rules.
@Jospido Violated a rule I will disclose to him when I message him
@donsheddy @Haryodehji @theyoungmaster Gets recharge card of 2k

Congratulations

NetValueFX:

Forex is a game of prediction so such rules wouldn't work. The lot size limitation is more than enough to handle all the previous challenges.

Raymondj0:
Nice to finally have the courage to start learning dis, even though I just start dis week Monday with Demo account and still on demo and planning to demo trade till July ending, trying to know more about the resistance lines drawing and know how to read the indicator properly. Currently on price action, forex is not that easy according to people around me, but I believe with determination and the guidance here in dis group, I can make it.. so help me God �

infofirst:
Bosses. Now that we have an improved contest. Lets learn to share trade ideas much more than we have been doing. Weekends are good times to do all that.
What pairs did you trade this week?
What was the outcome?
What did you learn?
Did you follow your strategy?
Did you respect risk management? Etc... These are some of what we expect when we say active members of fta.
Sharing trade ideas will not in any way affect your contest results.



For me, I trade gu, gj, gold, ustec, us30 this week
Just when I exit gj buy then boom the break out and
I missd out of the good move up. Gu up and down did not help either. Gold blessed my account too
But us tec and us 30.They enriched me. Thanks to @mayork2n.
I used to trade indices before I left because of their beast movement.

For next week, my aim will be to buy gold on every obvious 4h support tested until 1960 region. The moment price close on the daily below 1870 boom. My bias will change

infofirst:
$100,000 Live trading account. I am 99.9% sure that only 5% of traders across the globe can manage such account balance successfully for one month.

@wiconse @donvic4u @don_sheddy
What says you to this?

GabsonFX:
Forex is a game of prediction
Forex is a game of prediction simply means Forex is gambling, which is why someone could cast a net and be lucky to hit 20% in 3days and run away?

so such rules wouldn't work
How? tested?
How hard can it be to make 3% in a week?
OR
For the +/- 5%: everyone in the table will eventually have this, no matter what except those with the lucky numbers that choose to stop trading in following weeks.

ILovebigyansh:
I'm simply saying we should have a rule not subject to change for a fixed period of time.

A rule that allows fair trading ground for all players.

I think having the contest for a month is also a good idea. But i feel 2 weeks seems more flexible.

this contest shouldn't be about becoming top 3 or cash prizes, but developing a system, psychology & risk appetite that works.

@infofirst If you looking for profitable traders for a sponsorship use their overall m/m gain (you have the data from march).

NetValueFX:

There are people who are successful gamblers. Anything you can't be 100% that it's gonna happen that way is a prediction. Nobody has 100% win rate for 1 straight year. That's why is a game of prediction

GabsonFX:
You can choose any of these:
1. Make at least 3% weekly for 4weeks
OR
2. Make at least +/- 5% weekly for 4weeks.

With this, no one will be looking to sky rocket an account in order to stop trading for the rest of the month. This will also force everyone to trade diligently and continously......Just a suggestion, you have the final say boss. Plus with this, we can be sure to see consistency.

Donsheddyguru:


Seconded but 3 percent Sha high oh

GabsonFX:
Even 2% per week, this will force everyone to trade and not try to hit jackpots in 3days and run.

Or make plus or minus 3% weekly.

Donsheddyguru:


Sure I can remember vividly well that was the reason why they changed the contest to two weeks...
Theyoungmaster was the one that led that campaign....
Two weeks to me is better it makes everyone active....
For me any rules, I'm gamed...
As long as it's gonna help me to sharpen my skills...
I no fear...

GabsonFX:
This your assertion is why someone that came 1st this month got disqualified next month. Since it is not a hard earned money, or since it is someone else's money, I can cast the net of probability to sky rocket the account and stop trading; and if it does not work this time, another contest will open next month and I will try again the game of probability....Hmmm

Donsheddyguru:



Formally the contest used to last for a month but they complained about it and it was changed to two weeks

NetValueFX:

I don't understand what we are arguing here. Forex is prediction ooo. Nobody knows the true direction of price. That is why we have draw down, that is why we have stop losses hit. If you are so sure, every professional will be a 100% right.

NetValueFX:

I don't understand what we are arguing here. Forex is prediction ooo. Nobody knows the true direction of price. That is why we have draw down, that is why we have stop losses hit. If you are so sure, every professional will be a 100% right.