Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Mysticforex

Traders Laboratory Forex Trading Contest!

Recommended Posts

Thanks for that info Obsidian !

 

You can now sign up for the November Contest.

 

I guess November will be a 1 month contest. For Dec we will try a 2 month. December and January. This will also compensate for the holidays a bit.

 

Think nothing of it - it was a pleasure :cool:

 

I think this is the correct link for the contest. I signed up. In the future, it would be nice to link directly to the contest. Like this:

 

TL Nov 2012 contest registration Oanda

Share this post


Link to post
Share on other sites
I think this is the correct link for the contest. I signed up. In the future, it would be nice to link directly to the contest. Like this:

 

TL Nov 2012 contest registration Oanda

You're a very hard man to please, 4EverMaAT.

 

You said:

 

These steps should be such that if everyone follows them, they will be

fully registered for the contest. I have not seen one post that was clear about exactly where to sign up.

It should be one link for the contest, and on that webpage, a button that says 'register'.

I do not see this unfortunately.

 

I've never seen a contest so difficult to sign up for.

So I spent nearly one hour of my time outlining the specific and literal steps for you to follow. No thanks at all.

 

If you weren't so lazy, you could have quite easily read the instructions in Mystic Forex's post #139 here:

 

http://www.traderslaboratory.com/forums/forex-trading-laboratory/9303-traders-laboratory-forex-trading-contest-5.html

 

The link you "found" and posted today, is exactly the same one as Mystic Forex posted.

 

Surprise! Surprise! I put it in the instructions for you as well.

 

If you ask for help in future, make sure you have done a little reading of the thread first, but don't expect it from me.

Not even a shred of gratitude for the help you have been given!

 

It was clear from your post that

I've never seen a contest so difficult to sign up for
So you were given the EXACT steps, but then it transpires that all you wanted was for

someone to provide you with a link that was already available!

 

Next time you ask for assistance, please be certain to appreciate the response.

Share this post


Link to post
Share on other sites
You're a very hard man to please, 4EverMaAT.

 

You said:

 

So I spent nearly one hour of my time outlining the specific and literal steps for you to follow. No thanks at all.

 

If you weren't so lazy, you could have quite easily read the instructions in Mystic Forex's post #139 here:

 

http://www.traderslaboratory.com/forums/forex-trading-laboratory/9303-traders-laboratory-forex-trading-contest-5.html

 

The link you "found" and posted today, is exactly the same one as Mystic Forex posted.

 

Surprise! Surprise! I put it in the instructions for you as well.

 

If you ask for help in future, make sure you have done a little reading of the thread first, but don't expect it from me.

Not even a shred of gratitude for the help you have been given!

 

It was clear from your post that So you were given the EXACT steps, but then it transpires that all you wanted was for

someone to provide you with a link that was already available!

 

Next time you ask for assistance, please be certain to appreciate the response.

 

I did act a bit hastily, and I apologize for my error. I did actually appreciate the response and detailed steps and I followed them through all the way.

 

For some reason, when I clicked on all the links from other posts referenced, I kept wondering "Why no direct link to the individual contest?" But even without the direct link, the contest homepage didn't have too many to sort through. I was probably irritated at someone else and took it out here on this post for some reason.

Share this post


Link to post
Share on other sites
I did act a bit hastily, and I apologize for my error. I did actually appreciate the response and detailed steps and I followed them through all the way.

 

For some reason, when I clicked on all the links from other posts referenced, I kept wondering "Why no direct link to the individual contest?" But even without the direct link, the contest homepage didn't have too many to sort through. I was probably irritated at someone else and took it out here on this post for some reason.

You might not be the only one who acted a little hastily ... looking back, my own post was less than hospitable towards you.

 

I take back my words and apologise for the outburst - I have my own irritations which are more to do with being tired than you personally, 4EverMaAT.

 

Glad you were able to sort it through.

Share this post


Link to post
Share on other sites

Note:

With Hurricane Sandy expected to make landfall sometime in the next 24 hours, there is a high probability I will lose power ( if it were a trade I would take it ).

 

I have a generator for electric power but my internet is on phone and cable lines. So, if I am "inactive" for a few days, that is the reason why.

 

 

--------------------------------------------------------------------------------------------------------------------------------------

oc29.thumb.jpg.0dc52b08204df175b567896ee3117b93.jpg

Share this post


Link to post
Share on other sites
Note:

With Hurricane Sandy expected to make landfall sometime in the next 24 hours, there is a high probability I will lose power ( if it were a trade I would take it ).

 

I have a generator for electric power but my internet is on phone and cable lines. So, if I am "inactive" for a few days, that is the reason why.

 

 

--------------------------------------------------------------------------------------------------------------------------------------

 

hope you be safe mate !

Share this post


Link to post
Share on other sites
The October contest is now closed. Congratulations to OPTIONTIMER The winner.

 

There is 1 day ( today ) left to join the November contest.

 

Well done Optiontimer!!

You only made two trades and 15% return. That pays the rent.

I wonder if you would consider telling us how you did it?

kind regards

bobc

Share this post


Link to post
Share on other sites
Well done Optiontimer!!

You only made two trades and 15% return. That pays the rent.

I wonder if you would consider telling us how you did it?

kind regards

bobc

 

Thank you, Bob. I already did show how I do it in another thread here at TL:

 

http://www.traderslaboratory.com/forums/trading-psychology/10158-optiontimers-project.html

 

What I'd like to know is how I am showing a huge max drawdown. I did not have a losing trade this month. When I go back through my activity for the month, I see a low balance of $99,809.21. Before the contest started, I adjusted the balance from 170K +/- to 100K even. This was done before October 1, so that should not have effected the drawdown number. I had a stop loss and profit target associated with each entry order, and the only orders filled according to my activity is entry orders and take profits, so I am a bit baffled by the max drawdown number.

 

My current balance in the practive account is $115,162.13. Rather than adjust it back to 100K even, I will just use that as my starting balance for the November contest.

 

attachment.php?attachmentid=32522&stc=1&d=1351710022

5aa7116ed8e0e_OptiontimersOandaPracticeAccount.JPG.4f30a8df50e1745fbce76d0ab3438c85.JPG

Share this post


Link to post
Share on other sites
I screwed up... Didn't get to approve the last 3 entries in time

 

Optiontimer, Obsidian, and Kuokam please rejoin the November contest that starts on " November 2nd "

..............................

 

done :cool:

Share this post


Link to post
Share on other sites

Just re entered the contest.

okay, Sir ?

 

 

 

I screwed up... Didn't get to approve the last 3 entries in time

 

Optiontimer, Obsidian, and Kuokam please rejoin the November contest that starts on " November 2nd "

Share this post


Link to post
Share on other sites

Now I don't know what's going on. I know I got optiontimer Obsidian, and kkouman in, but I show now that they were not in time, actually Optiontimer was accepted. Maybe they use a different cutoff time than mid nite EST.

 

What should we do? start again on Mon the 5th? or give November a break and start our 2 month contest in December? Pipe in folks and let me know what we should do.

Share this post


Link to post
Share on other sites
Now I don't know what's going on. I know I got optiontimer Obsidian, and kkouman in, but I show now that they were not in time, actually Optiontimer was accepted. Maybe they use a different cutoff time than mid nite EST.

 

What should we do? start again on Mon the 5th? or give November a break and start our 2 month contest in December? Pipe in folks and let me know what we should do.

 

if a contest ends on a week day, lets start on next Monday:cool:

Share this post


Link to post
Share on other sites

Set for Monday Nov 5th.

 

Go to the current contests ( page 2 ) and join the one that starts Nov 5th.

Sorry for the confusion, I have been doing these for years and can't believe I screwed it up.

 

I will log in several times over the weekend and approve entries. And 1 last time around 10pm Sunday.

Share this post


Link to post
Share on other sites
I see "rejected by administrator" on my record. Wonder what it means. I have got some trades on metals rejected and Oanda could not tell me why.

 

Kuokam, I screwed up the entries...

 

Look for the contest that starts November 5th. and join that. Sorry for the confusion.

 

As for Oanda not accepting your Metal trades, I don't know the reason. I see you don't live in the States so CFTC rules should not apply to you.

Share this post


Link to post
Share on other sites

I just re-signed to the contest

 

Set for Monday Nov 5th.

 

Go to the current contests ( page 2 ) and join the one that starts Nov 5th.

Sorry for the confusion, I have been doing these for years and can't believe I screwed it up.

 

I will log in several times over the weekend and approve entries. And 1 last time around 10pm Sunday.

Share this post


Link to post
Share on other sites
Now I don't know what's going on. I know I got optiontimer Obsidian, and kkouman in, but I show now that they were not in time, actually Optiontimer was accepted. Maybe they use a different cutoff time than mid nite EST.

 

What should we do? start again on Mon the 5th? or give November a break and start our 2 month contest in December? Pipe in folks and let me know what we should do.

 

I suppose restarting the contest is the way to go. Good thing I didn't get the EA started yet.

 

I signed up for the nov 5th contest. But a small note: there are TWO nov 5th contests by TradersLaboratory. I went for the one that had a user already registered.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • Date: 8th April 2025.   Markets Rebound Cautiously as US-China Tariff Tensions Deepen     Global markets staged a tentative recovery on Tuesday following a wave of volatility sparked by escalating trade tensions between the United States and China. The Asia-Pacific region showed signs of stability after a chaotic start to the week—though some pockets remained under pressure. Taiwan’s Taiex dropped 4.4%, dragged lower by losses in tech heavyweight TSMC. The world’s largest chipmaker fell another 4% on Tuesday and has now slumped 13.5% since April 2, when US President Donald Trump first unveiled what he called ‘Liberation Day’ tariffs.   However, broader sentiment across the region turned more positive, with several markets rebounding sharply after Monday’s dramatic sell-offs. Japan’s Nikkei 225 surged over 6% in early trading, rebounding from an 18-month low. South Korea’s Kospi rose marginally, and Australia’s ASX 200 gained 1.9%, driven by strength in mining stocks. Hong Kong’s Hang Seng rose 1.6%, though still far from recovering from Monday’s 13.2% crash—its worst day since the 1997 Asian financial crisis. China’s Shanghai Composite added 0.9%.   In Europe, DAX and FTSE 100 are up more than 1% in opening trade. EU Commission President von der Leyen repeated yesterday that the EU had offered reciprocal zero tariffs on manufactured goods previously and continues to stand by that offer. Others are also trying again to talk to Trump to get some sort of agreement that limits the impact.   Much of the rally appeared to be driven by dip-buying, as well as hopes that the intensifying trade war could still be defused through negotiations.   China Strikes Back: ‘We Will Fight to the End’   Tensions reached a boiling point after Trump threatened to impose an additional 50% tariff on all Chinese imports unless Beijing rolled back its retaliatory measures by April 8. ‘If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow... the United States will impose additional tariffs on China of 50%,’ Trump declared on social media.   If implemented, the new tariffs would bring total US duties on Chinese goods to a staggering 124%, factoring in the existing 20%, the 34% recently announced, and the proposed 50%.   In response, China’s Ministry of Commerce issued a stern warning, stating: ‘The US threat to escalate tariffs is a mistake on top of a mistake... If the US insists on its own way, China will fight to the end.’ The ministry also called for equal and respectful dialogue, though signs of compromise on either side remain scarce.   Beijing acted quickly to contain a market fallout. State funds intervened to support equities, and the People’s Bank of China set the yuan fixing at its weakest level since September 2023 to boost export competitiveness. Additionally, five-year interest rate swaps in China fell to their lowest levels since 2020, indicating potential for further monetary easing.   Trump Talks Tough on EU Too   Trump’s hardline approach extended beyond China. Speaking at a press conference, he rejected the European Union’s offer to eliminate tariffs on cars and industrial goods, accusing the bloc of ‘being very bad to us.’ He insisted that Europe would need to source its energy from the US, claiming the US could ‘knock off $350 billion in one week.’   The EU, meanwhile, backed away from a proposed 50% retaliatory tariff on American whiskey, opting instead for 25% duties on selected US goods in response to Trump’s steel and aluminium tariffs.     Volatile Wall Street Adds to the Drama   Wall Street experienced wild swings on Monday as investors processed the rapidly evolving trade conflict. The S&P 500 briefly fell 4.7% before rebounding 3.4%, nearly erasing its losses in what could have been its biggest one-day jump in years—if it had held. The Dow Jones Industrial Average sank by as much as 1,700 points early in the day but later climbed nearly 900 points before closing 349 points lower, down 0.9%. The Nasdaq ended up 0.1%.   The brief rally was fueled by a false rumour that Trump was considering a 90-day pause on tariffs—rumours that the White House quickly labelled ‘fake news.’ The market's sharp reaction underscored how desperate investors are for any sign that tensions might ease.   Oil Markets in Focus: Goldman Sachs Revises Forecasts   Crude prices also reflected the uncertainty, with US crude briefly dipping below $60 per barrel for the first time since 2021. As of early Tuesday, Brent crude was trading at $64.72, while WTI hovered around $61.26.   Goldman Sachs, in a note dated April 7, lowered its average price forecasts for Brent and WTI through 2025 and 2026, citing mounting recession risks and the potential for higher-than-expected supply from OPEC+.       Under a base-case scenario where the US avoids a recession and tariffs are reduced significantly before the April 9 implementation date, Goldman sees Brent at $62 per barrel and WTI at $58 by December 2025. These figures fall further to $55 and $51, respectively, by the end of 2026. This outlook also assumes moderate output increases from eight OPEC+ countries, with incremental boosts of 130,000–140,000 barrels per day in June and July.   However, should the US slip into a typical recession and OPEC production aligns with the bank’s baseline assumptions, Brent could retreat to $58 by the end of this year and to $50 by December 2026.   In a more bearish scenario involving a global GDP slowdown and no change to OPEC+ output levels, Brent prices might fall to $54 by year-end and $45 by late 2026. The most extreme projection—based on a simultaneous economic downturn and a full reversal of OPEC+ production cuts—would see Brent plunge to below $40 per barrel by the end of 2026.   Goldman noted that oil prices could outperform forecasts significantly if there was a dramatic shift in tariff policy and a surprise in global demand recovery.   Cautious Optimism, But Warnings Persist   With both Washington and Beijing showing no signs of backing down, markets are likely to remain volatile in the days ahead. Investors now turn their attention to upcoming trade meetings and policy decisions, hoping for clarity in what has become one of the most unpredictable trading environments in recent years.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • CVNA Carvana stock watch, rebound to 166.56 support area at https://stockconsultant.com/?CVNA
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.