The Race

[sicktrader 10]

Thales, or anyone in the know,

 

Has an event like this ever happened in forumville. I mean, with posting statements and third party verification and all. I've only been around trading forums for less than two years, but I have never witnessed anything close. Seems to be a lot of dogs with a big bark, but no bite. Just curious. Anyway, I am nearing intoxication so I will power down. Have a good weekend.

[daedalus 10]

Never seen it happen. This would be a first I believe.

[MCM 10]

Well - took a bit of time to get a new account via transferring money. Consider my chapeau thrown into the ring.

[thalestrader 14]

Hi folks,

 

Sorry for the late post, but it has been a busy weekend capping off a busy week. I thought I had everyone, but I could not find amswak's ending balance, so though I know he was down for the week, I do not have a figure.

 

 

A reminder for all Race participants - you must PM your ending equity to me by noon on Sunday to be included in the weekly summary.

 

I'll likely not have time to trade my sessions this week, but should I trade, I will post an update per the rules. Also, I will likely fuel up a $500 fxcm micro account so as to be able to trade the EJ during Tokyo AM session.

 

Best Wishes,

 

Thales

[MidKnight 12]

Hey Thales,

 

Just an idea as I think I have seen you mention that you have an IB account. Why not use a small sub-account as your EJ entry rather than go through the FXCM micro account? I'm not sure if you thought of that, or if you did, I'm curious why it was decided against.

 

With kind regards,

MK

[thalestrader 14]

Hey Thales,

 

Just an idea as I think I have seen you mention that you have an IB account. Why not use a small sub-account as your EJ entry rather than go through the FXCM micro account? I'm not sure if you thought of that, or if you did, I'm curious why it was decided against.

 

With kind regards,

MK

 

Hi MidK,

 

I like your idea, and I had considered doing just that, but at least initially, for a contest of this sort, IB's margin requirements would be prohibitive. Now, if I worked up to about 50K in trading capital, then I'd probably transfer the funds from FXCM and into an IB sub account as you suggest. But at 40:1 max (a very sound level, by the way) I think I'd be just spinning my wheels with the EJ, and I'd then prefer just to wait until my schedule allows me to resume my normal trading schedule.

 

 

Best Wishes,

 

Thales

[sicktrader 10]

Well Gents,

 

Just got a call and I will be heading to Beijing in the AM. Seems to be that Beijing China Steel is trying to up the previously negotiated price. I expect to still be trading, though I may miss a few. Good luck to all this week.

[sicktrader 10]

Just a quick note. Now that I am the frontrunner, I intend to keep the honors throughout. If someone else tee's it up first at some point along this journey, then I will tip my hat in sincere congratulations. Otherwise, there will be a party waiting for you all at the finish line.

 

[JEHs 10]

I 'spose I should jump in now if there's really goin to be a party...

[amswak 10]

Hi folks,

 

Sorry for the late post, but it has been a busy weekend capping off a busy week. I thought I had everyone, but I could not find amswak's ending balance, so though I know he was down for the week, I do not have a figure.

 

Ah, right, forgot about the end-of-week balance. Sorry, it was very long week. I ended the week at $399.66. I will have to add $100 to meet margin requirements and get back in the game. I'll post the new balance after I do that.

 

On the upside, I thought I would be unable to trade this week due to work travel, but my plans literally went up in smoke last week so I will be around to trade...

 

-Hunter

[FX_Cowboy 10]

Trading results from last night and this morning.

[sicktrader 10]

I am about to catch the plane. This morning I was able to nail a 43pt winner on the Euro. Good Luck to all this week.

[Attila 10]

Friday close statement.. 1180.35. Will do the Sunday Noon update from here on..

[yeaheah 10]

2 trades on the new broker Exness.

 

 

Execution and spreads aren't that good.

[fxThunder 10]

Calling it a day.

 

Cheers,

fxT

[Attila 10]

Statement for 5_17... misread markets and gun shy..

[FX_Cowboy 10]

All trades from 5/17. Only the last 5 rows have not been posted previously.

[sicktrader 10]

Here is my statement from yesterday. Gave back most of yesterday's gain on a EUR trade a few hours ago.

[yeaheah 10]

Wanted to grap some pips but Exness don't let me.

 

Everytime i get this message: "Order failed.Invalid prices"

 

Trading is impossible.

 

That sucks.

[fxThunder 10]

Early chop made it hard work to make a buck today....

 

cheers,

fxT

[yeaheah 10]

I've decided to close the Exness account and withdraw my money.

 

Trading is impossible,orders don't get executed.

[Attila 10]

fxThunder... Hurry and make another trader to change that ending balance... could mean you'll be at 1200 or so in no time..

[fxThunder 10]

fxThunder... Hurry and make another trader to change that ending balance... could mean you'll be at 1200 or so in no time..

 

I actually just realised what my ending balance is. Have shut down all my trading platforms for the day so another trade will have to wait for tomorrow.

 

Cheers,

fxT.

[amswak 10]

I'm back in. Added $130 so I am at a balance of $529. Just barely about the $500 margin requirement...

[FX_Cowboy 10]

Attached are trades from 5/18. The two images overlap by one row for continuity.

 

Thales,

 

I just want to express my appreciation for your efforts in getting this event going, as well as the admin work of keeping it running. I think this was a great idea, and expect it will be fun and an interesting learning experience both for participants and onlookers.

 

Please note that I added funds ($980.70) to my account on 5/18, bringing the total funded amount to $1961.40.

 

Regards,

FX Cowboy