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Mysticforex
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Everything posted by Mysticforex
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Introduce Yourself Here - Don't Be Shy!!
Mysticforex replied to trading4life's topic in Beginners Forum
Hi Savant, welcome to Traderslaboratory ! -
Introduce Yourself Here - Don't Be Shy!!
Mysticforex replied to trading4life's topic in Beginners Forum
Hi Umbolox, welcome to Traderslaboratory ! -
The first piece of advice I could give you is not to try to fix everything at once. Attack it 1 problem at a time. For instance. If you miss the entry, YOU MISSED THE TRADE. Discussion over. Wait for the next entry. When you can do this move on to the next problem.
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Special Focus On USDJPY
Mysticforex replied to FXTechstrategy Team's topic in Market News & Analysis
I read a recent article about the BOJ throwing in the towel and admitting they could not reach their goals by acting unilaterally. -
Even better, does the Market have Memory?
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On the data I posted in post #301 he showed a DD 1474.31%
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--------------------------------------------------------------------------------------------------------------------------------------- Nice gain Ingot !
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50:1 is not the same as 50% Assuming he stayed with the $100K that the acct opens with, he could open a pos of $1.3 mil which comes out to $130 per Pip. Still does not explain anything. I never tried it but I think Ingot said you could enter with Oanda's MT4 platform. Maybe he was using a BOT?
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I may know what it is but probably am not recognizing it, what is TF? The spot currency markets are usually a bit range bound the week leading up to NFP. E/U, G/J look like they want to break higher. I am going out on a limb here, but would not be surprised to see the jobs numbers come out a bit better then expected.
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Yep. I couldn't believe it either.
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I said out the outset that we would have an enforcement of the 20% DD rule this time.
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I think it may turn out to be a case of " The Devil You Know ".
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When you open the demo acct you start with 100k. You can then add or withdraw funds if it suits you. So, you can start the contest with 500k or 1k or whatever you like.
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He is currently leading by 5-6 points in what are being called "Key Battleground States". Not a landslide by any means. We still have about 5 weeks and 3 Presidential Debates.
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Introduce Yourself Here - Don't Be Shy!!
Mysticforex replied to trading4life's topic in Beginners Forum
kardisa, welcome to traderslaboratory !!! -
Off to a blazing start !!!
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The demo starts you off with 100K you can add or subtract only before the contest starts to whatever amount you like. Firm 20% DD rule this time.
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This should be a very interesting trading week. Lots of economic data and NFP as icing on the cake. We also have the first Presidential Debate here in the States. I am curious if one candidate or another is deemed the winner, what effect in any that might have on the markets.
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I agree about the length of the contest. But given the fact we have so few entries, I am not sure a longer contest would hold peoples attention. If we were to start with say 12-15 entries, even if 5 or 6 lost interest we would still have enough to keep it interesting.
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And The Winner is......................................... YOURI !!! The Sept Contest is marked as Finished. We have had 2 more additional entries for October for a total of 8. I will check again tonight for any last minute entries.
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That's a good point. I have never run back to back monthly contests. We will see I guess. Again for anybody wishing to join October's contest. https://fx2.oanda.com/mod_perl/fxcontest/fxcontest.pl?rm=listFinishedContests&sortCriteria=1&page=24
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I have such a narrow mind set. I think of everything in a trading week. The contest is still running til Sept 30th at midnight ( EDT ). Sorry for any confusion. The new contest starts OCT 1st.
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You are right, must have U/Led the wrong file.
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I went from 5.13% to 5.02%... slight difference.