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Dukascopy Trader of the Month 100% risk?

  • #1
  • First Post: Aug 6, 2011 1:48am Aug 6, 2011 1:48am
I came across this clip, placed it into the Rookie section... Apparently she is risking 100% of her account per trade...

By that, I assume she is using leverage of 1:1 Maybe she doesn't realise what she said...

http://www.youtube.com/watch?v=qqd85...mbedded#at=288
  • #2
  • Aug 6, 2011 1:50am Aug 6, 2011 1:50am
Ranking selection is as follows...

Ranking of the Participants is obtained through a summary of their trading performance, blog popularity and expert evaluation.

http://www.dukascopy.com/traderconte...n=contestrules
  • #3
  • Aug 6, 2011 10:33am Aug 6, 2011 10:33am
Quoting Acedup
I came across this clip, placed it into the Rookie section... Apparently she is risking 100% of her account per trade...

By that, I assume she is using leverage of 1:1 Maybe she doesn't realise what she said...

http://www.youtube.com/watch?v=qqd85...mbedded#at=288
and top of that she is blonde
Trade responsiblypatience is the key/Swing trader
  • #4
  • Aug 13, 2011 7:00am Aug 13, 2011 7:00am
One of my professors in finance told me that people who win awards in investing are 'loose-cannons', and probably the next year you will find them below on the ranks.

The real experts are the ones just below the high ranking traders. The ones who score these positions year after year after year.
  • #5
  • Aug 14, 2011 5:37pm Aug 14, 2011 5:37pm
Quoting Dr_Pipper
One of my professors in finance told me that people who win awards in investing are 'loose-cannons', and probably the next year you will find them below on the ranks.

The real experts are the ones just below the high ranking traders. The ones who score these positions year after year after year.
I'd agree with that, the same analogy works with user reviews around the web... the highly rating comments tend to be unrealistic and inaccurate, yet the ones just in the middle ground reflect more what the actual content is like.
  • #6
  • Aug 14, 2011 8:03pm Aug 14, 2011 8:03pm
Hm, that means she has no negative trades at all, I mean she got never her stop loss triggered....BS I guess...
  • #7
  • Aug 14, 2011 10:48pm Aug 14, 2011 10:48pm
Its very possible, assuming hundreds or thousands of people are doing the same thing trying to win the contest - one of them is bound to be right. I call it the nostradamus effect.
si hoc legere scis nimium eruditionis habes
  • #8
  • Sep 3, 2011 4:09am Sep 3, 2011 4:09am
Mass delusion I would say Gaining 700% is related with really big risk
go go go
  • #9
  • Sep 5, 2011 5:57pm Sep 5, 2011 5:57pm
'tis called lucky streak...
  • #10
  • Sep 6, 2011 12:04pm Sep 6, 2011 12:04pm
yeah this is all fun and games now, but sooner or later she will have a losing trade. even the biggest players have loosing trades now and then. Thus her loosing her whole balance. making her life a misery.
  • #11
  • Sep 6, 2011 12:57pm Sep 6, 2011 12:57pm
Quoting jwhitby
yeah this is all fun and games now, but sooner or later she will have a losing trade. even the biggest players have loosing trades now and then. Thus her loosing her whole balance. making her life a misery.

You are assuming she never makes any withdrawals. She does not seem to me to be all that stupid.

If shes's made 700% she can withdraw 300% for personal use, start two other accounts with 100% each, while continuing the original account with 200%.

Becomes more difficult to blow up don't u think? I'm sure she's way sharper than me and has more ingenious ideas.

King.
  • #12
  • Sep 6, 2011 3:06pm Sep 6, 2011 3:06pm
Quoting kingsurfer
You are assuming she never makes any withdrawals. She does not seem to me to be all that stupid.

If shes's made 700% she can withdraw 300% for personal use, start two other accounts with 100% each, while continuing the original account with 200%.

Becomes more difficult to blow up don't u think? I'm sure she's way sharper than me and has more ingenious ideas.

King.
obviously much smarter then me. But hey ive got time to learn, as im only in my second year of uni and just starting trading so i can hopefully become a trader, but that is a great idea and yes she may be doing that.
  • #13
  • Sep 7, 2011 12:57pm Sep 7, 2011 12:57pm
I think her attitude is good...

trade price movement.
she do not put SL and TP because she is risking all her money, she do not want to lose,

she is taking trade when she is 100% sure what she is doing and she is married one pair..

i think her strategy is perfect..
  • #14
  • Sep 7, 2011 6:05pm Sep 7, 2011 6:05pm
Quoting Dr_Pipper
One of my professors in finance told me that people who win awards in investing are 'loose-cannons', and probably the next year you will find them below on the ranks.

The real experts are the ones just below the high ranking traders. The ones who score these positions year after year after year.

well considering i have results like that every month, you are wrong!
  • #15
  • Last Post: Sep 7, 2011 6:12pm Sep 7, 2011 6:12pm
Quoting Cholia
I think her attitude is good...

trade price movement.
she do not put SL and TP because she is risking all her money, she do not want to lose,

she is taking trade when she is 100% sure what she is doing and she is married one pair..

i think her strategy is perfect..

thank you and amen!
finally somebody recognizes my talents for what they really are!
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