myfxbook FXDD Demo Contest

I've entered the www.myfxbook.com FXDD Demo Contest. I'll post some of my trades and results in this journal over the next 30 days or so until the contest is over, I blow out, or I burn out.

System and methods: Whatever it takes to win, baby! But I'm basically a price-time/Gann guy, so do the math.

Strategy: Buy low sell high. Sell high buy low. And then add on anywhere in between.

Contest starts 5/5 but I'll probably do a few trades before then just to make sure that the myfxbook connection to my account is working.

http://www.myfxbook.com/contests

http://www.myfxbook.com/widget?id=28...=1&color=green

Good Luck and Good Trading.

I entered the contest too. I see that your testing already with some big lots. Demo trading... no holding back. Should be interesting to see the final results.

Account balance should refresh on 5/5 right?

Participating accounts start each with a $1000 balance. Any existing trading activity prior to the contest start date will be deleted at the start of the contest and the balance will be reset to $1000.

yeah. i was just making sure i had the fxbook connection thing setup correctly and how the updates work. should be fun. and yeah.. i'll either blow up on the first day or rake it in. basically tourny poker style for me. I don't think doubling up is going to be enough. I've got feeling I need to pull down 1000%.

Good luck to ya.

Registration has ended. 388 contestants. Should be fun. Like a low buy in poker tourny. Contest starts in 2 days. Can't wait!

Anybody who had register earlier want to try my super duper EA for the contest? with chance of blow it to maximum or margin call.

Holy crap. I damn near blew it on the first trade. For whatever reason, I was thinking mini-lots and plunked down 1 unit thinking $1 per pip. Turned out to be a full lot and $10 per pip. That was a quick way to lose a huge chunk.

But I made it up and then some shorting guppy with some add-ons. Up about 40% on the account. that's like 100% gain if you factor in the hole I just crawled out of. Sheeeesh. The fxdd contest stat thingee isn't working right. It's showing my pre-contest stats. I've attached a screenie of the booked trades. check out that first trade.. 24 pip stop loss.. pretty safe... UNLESS IT'S FOR 1/3 OF YOUR ACCOUNT!!! Damn.

Up 22 on Euro and 22 on Cable. Long this time. Knowing "when" and necessarily "where" is a beautiful thing.

Closed those longs. Now I'm offically up just over 50%. tired and going to bed. market is probably going to range. good scalp opps, but i'm done and don't want to tempt fate and greed.

Booked a couple of euro longs before I head to work. My ranking says I'm 15th but I don't show up on the "roster". Weird.

Haven't updated here in a while. Things were going great.. I was in the top 15 but had ways to go to catch the leaders. I went larger on trade size right when the markets took a dump on Thursday. Got stupid and caught up in trying to find a bottom and gave back all of my gains. Didn't trade Friday. It's time to go big or go home since I've got a lot of ground to make to catch the leaders.

I joint this contest as well.. don't think i can beat those guys with 800% return..

I'm standing at 29th ranking now.. but lots of floating.. hehe

http://www.myfxbook.com/widgets/30087/large.jpg

Nice!

I lost a good chunk when either my pc froze or their server froze. Couldn't close a big lot scalp. Took a major hit.

I haven't done much with it in over a week, but I'm so far behind I've pretty much moved on.

I'll be rooting for ya!

http://www.myfxbook.com/contests

Last contest was won by sportcity, the guy took just 6 trades.. Lol.. Sharp Shooter.