100 Fold Challenge -> Interested? TEST yourself

(READ THREAD RULES, before posting any thing)


Bring it on

PLAN

1. Start with low-risk, small, LIVE(real) Account (Depending upon affordable risk, "small" is a variable term)
2. Trade any Strategy/Discipline/Money-Management
3. Build account up to 10000% target level or simply 100 times the starting equity (The ONLY CHALLENGE)
4. For e.g. 100 to 10,000 or 5,000 to 500,000 in account currency (Realized balance)
5. Publish your trading details using ForexFactory's Trade Explorer, as proof.
6. Successful would be added to a "Hall of fame" Trader list in first post of this thread. (Sorry, we won't be prizing all-paid 10-day Trip to that island you dreamt of; Perhaps, better use that money of yours)
7. Live Performance (with detailed stats) is viewable on Trade explorer's of each participant. All stats would also be updated here, at least, every weekend
8. Participants are free to post trading analysis/rational regarding any allowed instrument (No plain trading calls allowed).
9. There is no Time Period/Frame/Limit for this challenge.You can enroll at any time & complete it at any time in future. There isn't any opportunity loss issue due to time, as this market is opportunity-rich in almost any time frame, with so many instruments. Further challenge target ain't a small one, in any way.
10. Make sure you provide us with all required information (see rules), by posting in thread, before participating.
11. Free Web-chat room installed, to discuss trades & to keep things lively (Not working;See updates)

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AIM

1. To build up a low-risk, small account (as many times as required & building up mammoth % profits).
2. To trade extremely-high-odd setups, as margin of error is low (esp. for very small accounts).
3. To test & improve your trading skills & strategy, doing the above.
4. To test your discipline in "REAL" sense, if you are serious, as you got to be trading with responsibility, being in a challenging/competitive group/environment.
5. To stop fooling yourself & analyzing results, which are in front of you, as well as everybody else.
6. Newbie traders too can join with small accounts. Definitely worth doing if you are moving from "usually-expected" duration of demo trading to live trading (NOTE: Advise newbies to not expect quick homerun/'s with such account/s. Instead try to enforce discipline, trading small money & a profitable strategy with a plan)
7. To provide proof to readers, how much hesitant members are, just in participating, by simply setting up a live T.Explorer, for their trading performance to be seen by others...leave alone the try for the "100 fold" ; Even though the same people may be busy teaching "n" number of "Great" strategies/systems with 1000-page-1000-minion threads, with no explorer/proof attached, and wasting money, time and lives of those following. A mind boggling question - What is the purpose of teaching someone something in a public forum, that you think works, without putting in public, any proof that it works, at least once? (esp. when all know the crap/scams floating on online forum, esp. one related to money). That is what mostly forms the big chunk of these forums and makes it more difficult for "REAL" seekers(those really looking to learn) from finding good info/words somewhere around in less posted crevices.

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RULES

A) Can use LIVE (Real money) account only
B) Can use any platform (MT4/Web based/Ninja/TS/Currenex/etc), supported by allowed Trade publisher/s.
C) Can use any type of broker (MM/ECN/etc), supported by allowed Trade publisher/s; Spread Betting is allowed.
D) Can trade account, with any of the 9 base currencies (USD/EUR/GBP/JPY/CHF/AUD/NZD/SGD/HUF)
E) Can use any leverage (Ranging from 1:1 to 1:2000)
F) Can trade any position size. (Standard/Mini/Micro/Nano etc)
G) Can trade any forex pair, oil, gold & silver; Spot trading only(No options/futures allowed)
H) Can use any Strategy/Vodoo/Crystal ball/etc. (No Arbitrage allowed)
I) Can use any EA/Script/Indicator/Application/etc.
J) Can use News Trading/Hedging/Basket Trading/Scaling-In/Scaling-out/Multiple Orders
K) Can enroll again with a different/same starting equity, after posting details, in thread.
L) Can withdraw profits any time. No Deposit/s allowed, after start except re-enrolling (Each deposit will be taken as new attempt & previous attempt's P/L will be added to Net P/L field.)
M) Have to post following account details, here in thread, before participating.
(1)Starting Equity (2)Account Currency,(3)Broker Name (4)Leverage (5)Trade Explorer Link
- You will be asked for any more clarification, if required & your participation status will remain "Pending" till then; Else you are "Allowed" to participate/trade.
- If your broker pays deposit bonus, read Rule "V"
N) Make sure your Trade explorer account is correctly linked and shows required details, at least every weekend. Required details include Equity, Deposits, Withdrawals & Trades. Aim is simply to have results which are <1 week old. Use Trade Explorer's CUSTOM START feature, starting with the date you post your attempt details (If u dont want to use it during weekdays, kindly make sure you AT LEAST do so on weekends, for me to update stats)
O) (Not Applicable; 22ndMAR2012)If using screen-shot option for trade publishing, make sure that the first one lists the balance with initial trade/s. Those using MT4 also have alternative of MT4 statement equity graph (after >=1 closed trades).
P) Any participant is free to withdraw from contest at any time, by informing the same in thread. If re-interested, is free to re-enroll afresh, but only after at least 1 month gap duration. 1 Attempt will be added to stats, for the same, after re-enrolling & previous attempt's P/L will be added to Net P/L field (19thNOV11)
Q) The following participants would have to post valid reason before re-enrolling & either post P/L details of previous attempt or confirm a busted account. Latter is to prevent skewing of "Attempt" & "Net P/L" stats. 1 Attempt will be added to stats, for the same. (19thNOV11)
(1) Participant wanting to shelve current attempt & start a new attempt
(2) Participant disqualified once. Participant disqualified twice would NEVER be allowed to re-enroll(30thDEC11)
R) After a failed attempt, can only re-enroll on next day (if want to enroll with same account). Given that fact that trade results can be properly reported from start of a day i.e. from 12 AM onwards (Broker time), next day is fixed bcoz of the same. Use Trade Explorer's CUSTOM START DATE feature for the same. Also in Explorer options (on right top side of your Explorer)> Select Explorer Time Zone> Select your Broker's time zone
S) (Not Applicable ; 24thMAR2012) Any participant's results can be tested, if required/asked by in case of suspicion raised by >2 participants. And he/she has to provide proof asked, based on opinion of majority participant's.
T) Any participant found violating rule/s above will be once informed of same & asked for any explanation, to be replied within a week, in thread, before permanently changing status to disqualified. Those still babbling, go to my Ignore list, just in case.
U) Can enroll only if your account at Forexfactory is > 6 months old.
V) Some brokers provide deposit bonus/etc which varies with different brokers (& mainly a gimmick with pathetic withdrawal conditions). If your starting equity includes a deposit bonus, mention the amount/%age when participating, for real profit/loss stats to be updated accordingly. These bonuses skew trade explorer details & won't be included in profit/loss stats.

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"HALL OF FAME" TRADER LIST(HOF'TL)

This list enumerates participants, who lived up to this challenge successfully.

They grew their starting equity to a whopping >=100 times, & thus proved exceptional trading expertise.

(For naysayers - "OK...they made money, at least.....the ONLY AIM for someone called 'trader' ")

S.No/ Trader/ Date/ Multiplication Factor/ (Net Final Equity|Starting Equity) Currency/ Details

1) Forexsaint/ 8th Nov 2011/ 121.247/ (6551.11|54.53) USD/ Post

2) Forexsaint/ 17th Mar 2013/ 114.297/ (11227.40|98.23) USD/ Post

3) You ?

PARTICIPANTS (Leading Trader:NA ; Last Update:9PM, 28th Nov 2015, London)

Status/ Multiplication Factor(Current Equity|Starting Equity|Withdrawals)Currency/ Broker/ Leverage/ Attempt(Net P/L)/ Details

1) Forexsaint
Allowed/ 1.000(100|100|0)USD/ FxPro/ 500:1/ 56th(+13004.43)/ Post, Trade Explorer

2) Hilmy83
Withdrew/ 0.250(3034.19|12100|0)USD/ Oanda/ 50:1/ 5th(-83448.8)/ Post, Trade Explorer (Notified)

3) IamBorg
Pending/ 0(NA|NA|NA)/ NA/ 1st(0)/ NA (Awaiting Info)

4) EmeraldEyes
Disqualified/ 1.084(108.43|100|0)USD/ IBFx/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule Q -Didn't post P/L details of previous attempt)

5) BobCat2
Pending/ 0(NA|NA|NA)/ NA/ 1st(0)/ NA (Awaiting Info)

6) Incrediblle
Withdrew/ 1.000(53.96|53.96|0)USD/ FxPro/ 500:1/ 3rd(-260.58)/ Post, Trade Explorer (Notified)

7) ReaM
Disqualified/ 1.023(526.44|514.51|0)EUR/ VantageFx/ 500:1/ 1st(0)/ Post, MyFxBook (Violated Rule N -MyFxbook results >1wk old)

8) Trumpcard
Disqualified/ 0.024(4.88|200|0)AUD/ GoMarkets/ 100:1/ 10th(-1389.47)/ Post, Trade Explorer (Violated Rule L- Deposit done)

9) Geoffrod
Withdrew/ 0.578(57.81|100|0)AUD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Notified)

10) Nexas
Disqualified/ 1.000(500|500|0)GBP/ WorldMarkets/ S.betting/ 1st(0)/ Post, Acc. Screenshot (Violated Rule N -No Acc. updates posted)

11) Fortiron
Pending/ 1.000(2000|2000|0)USD/ Oanda/ 50:1/ 1st(0)/ Post, Acc. Screenshot (Awaiting Info)

12) Forexcube
Withdrew/ 1.000(120.39|120.39|0)USD/ ActivTrades/ 400:1/ 3rd(-375.69)/ Post, MyFxBook (Notified)

13) PrymeTyme
Disqualified/ 1.204(65.89|54.71|0)EUR/ RoboForex/ 500:1/ 1st(0)/ Post, MT4 Screenshot (Violated Rule N - No Acc. updates posted)

14) RealThing
Withdrew/ 1.171(150.6|128.60|0)AUD/ Gomarkets/ 200:1/ 1st(0)/ Post, MT4 Screenshot (Notified)

15) Google
Disqualified/0.998(299.60|300.01|0)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N - Explorer results >1wk old; Removed it later)

16) Jayjb
Disqualified/ 1.000(324.74|324.74|0)SGD/ Oanda/ 50:1/ 1st(0)/ Post, MT4 Screenshot (Violated Rule L- Deposit done)

17) Bumapatria
Pending/ 1.000(1000|1000|0)USD/ NA/ NA/ 1st(0)/ Post (Awaiting Info)

18) Agro
Withdrew/ 0.688(689.10|1000.30|0)AUD/ Oanda/ 50:1/ 1st(0)/ Post, Acc. Screenshot (Notified)

19) Robdee
Withdrew/ 0.900(486.30|540.30|0)USD/ Fxcm/ 400:1/ 1st(0)/ Post, MyFxBook (Notified)

20) JR97
Pending/ 1.000(401.68|410.68|0)USD/ Ibfx/ 50:1/ 1st(0)/ Post, (Awaiting Info)

21) Mcdxxx
Disqualified/ 1.177(4.70|3.99|0)USD/ Fxopen/ 500:1/ 4th(-13.03)/ Post, Trade Explorer (Violated Rule N - Explorer results >1wk old; Not correctly linked)

22) BBKing_
Withdrew/ 1.019(401.38|393.60|0)EUR/ FxPro/ 500:1/ 1st(0)/ Post, MT4 Screenshot (Notified)

23) Ryan.fx
Disqualified/ 0.966(298.87|309.18|0)EUR/ Alpari/ 500:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N - Removed Explorer)

24) Asphyxia
Disqualified/ 0.450(30.65|68.06|0)USD/ FxOpen/ 500:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

25) Saussiche
Disqualified/ 0.000(|149.30|0)GBP/ Oanda/ 50:1/ 2nd(-96.59)/ Post, Trade Explorer (Violated Rule N - Explorer not linked correctly)

26) Al2cand
Disqualified/ 0.314(455.88|1449.36|0)CAD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

27) Iamboston
Pending/ 1.000(0|0|0)AUD/ GoMarkets/ 100:1/ 1st(0)/ Post, Trade Explorer (Awaiting Info)

28) Jack_Larkin
Withdrew/ 0.130(6.53|50|0)USD/ PepperStone/ 400:1/ 1st(0)/ Post, Trade Explorer (Notified)

29) Ill-b-back
Pending/ 1.000(NA|NA|NA)/ NA/ 1st(0)/ NA (Awaiting Info)

30) Ap3
Disqualified/ 0.028(0.01|50.84|1.46)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

31) Shadodwel
Withdrew/ 0.998(2043.74|2045.36|0)USD/ Fxcm/ 50:1/ 2nd(-270.73)/ Post, Trade Explorer (Notified)

32) Jwpdad
Withdrew/ 1.350(0|102.03|137.80)USD/ Oanda/ 50:1/ 2nd(-98.75)/ Post, Trade Explorer (Notified)

33) Capitulation
Disqualified/ 0.026(0.34|2500|66)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule L & N - Deposit done & Equity made private)

34) Tfp_39
Allowed/ 0.225(55.28|246.25|0)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer

35) Passerby
Disqualified/ 0.058(5.80|100|0)USD/ Admiral Markets/ 500:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N - Removed Explorer)

36) Kokopelli
Disqualified/ 1.006(402.44|400|0)USD/ MBTrading/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N - Removed Explorer)

37) Bowforex
Withdrew/ 0.000(0|54.22|0)EUR/ Xemarkets/ 888:1/ 5th(-24.18)/ Post, Trade Explorer (Notified)

38) Ismail
Disqualified/ 1.249(919.35|735.87|0)USD/ MBTrading/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

39) Peke5
Disqualified/ 0.549(59.1|107.64|0)EUR/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

40) LO-Trader
Disqualified/ 0.517(50.21|97|0)USD/ Exness/ 1000:1/ 2nd(-770.31)/ Post, Trade Explorer (Violated Rule N - Explorer not linked correctly; Equity Mismatch)

41) Chi
Pending/ 1.000(800|800|0)USD/ Ibfx Us/ 50:1/ 1st(0)/ Post, Trade Explorer (Awaiting Info)

42) Rezky
Disqualified/ 0.036(3.6|100|0)USD/ FiboGroup/ 200:1/ 2nd(-25.20)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

43) Rag2RichesFX
Disqualified/ 0.520(46|96|0)USD/ ForexFS/ 300:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

44) Spyderman
Disqualified/ 0.802(80|99.75|0)USD/ TradersWay/ 1000:1/ 9th(-434.86)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

45) The Jedi
Pending/ 1.000(945.53|945.53|0)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer(Awaiting Info)

46) Usasa
Withdrew/ 0.000(0|100|0)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Notified)

47) Good Lookin
Disqualified/ 0.805(80.51|100|0)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

48) Pipocrates
Withdrew/ 0.214(7.42|70|7.58)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Notified)

49) Skyline
Disqualified/ 0.000(0.02|50|0)EUR/ Xemarkets/ 888:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

50) Maflip
Withdrew/ 0.050(0.54|10.74|0)USD/ TradersWay/ 1000:1/ 4th(-137.37)/ Post, Trade Explorer (Notified)

51) Gyanpapi
Withdrew/ 0.000(0|40.30|0)USD/ Dukascopy/ 200:1/ 6th(-78.04)/ Post, Trade Explorer (Notified)

52) SunnyN
Pending/ 1.000(101.55|101.55|0)USD/ FxPro/ 500:1/ 3rd(-51.10)/ Post, Trade Explorer

53) NuNix
Disqualified/ 42.017(0.87|50|2100)USD/ AxaFx/ 400:1/1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

54) S_Ferrer
Disqualified/ 0.586(33.65|57.42)USD/ TradersWay/ 1000:1/1st(0)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

55) Kinzu
Pending/ 1.000(102.50|102.50|0)USD/ IronFx/ 500:1/1st(0)/ Post, Trade Explorer

56) Enochben
Pending/ 1.000(111|111|0)USD/ TradersWay/ 1000:1/1st(0)/ Post, Trade Explorer

57) Axiomafx
Withdrew/ 0.000(0|1000|0)USD/ CapitalOneForex/ 1000:1/1st(0)/ Post, Trade Explorer (Notified)

58) MujjiFF
Pending/ 1.000(103|103|0)USD/ FxPrimus/ 1000:1/ 2nd(+987.40)/ Post, Trade Explorer

59) XharpScalper
Disqualified/ 0.109(1.46|13.31|0)USD/ Exness/ 2000:1/ 2nd(-100)/ Post, Trade Explorer (Violated Rule N -Removed Explorer)

60) Truhander
Disqualified/ 1.000(6710|6710|0)USD/ Oanda/ 50:1/ 1st(0)/ Post, Trade Explorer (Violated Rule N - Explorer not linked correctly)

61) Pharm0
Withdrew/ 0.676(79|116.73|0)USD/ Oanda/ 50:1/1st(0)/ Post, Trade Explorer (Notified)

62) qFish
Withdrew/ 0.000(0|735.17|0)USD/ Fxcm/ 50:1/ 1st(0)/ Post, Trade Explorer (Notified)

63) RBlackburn
Allowed/ 1.000(101|101|0)AUD/ Fxopen/ 500:1/ 3rd(-63.5)/ Post, Trade Explorer

64) JamesCZ
Allowed/ 1.000(100|100|0)EUR/ Activetrades/ 400:1/ 2nd(-95.21)/ Post, Trade Explorer

65) Piplover
Allowed/ 1.000(7.94|7.94|0)USD/ XM/ 888:1/ 1st(0)/ Post, Trade Explorer

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Legend:
Status - Current status of the participant. 'Allowed' to participate/ 'Pending' details before participation/ 'Disqualified' for violating rules/ 'Withdrew' from the challenge/ 'Re-Allowed' after withdrawing from contest for >=1 time or disqualified once.
Multiplication Factor - Calculated as ((Current Equity-Starting Equity+Withdrawals)/Starting Equity)+1. Participant aims to make it >=100, required for completing the challenge & getting an entry to HOF'TL
Current Equity - Present Equity of the Participant's account (current attempt)
Starting Equity - Starting Equity with which participant was allowed to participate (current attempt)
Withdrawals - Total amount of withdrawals processed on participant's account (current attempt)
Currency - Base currency of the participant's account (current attempt)
Broker - Name of the broker with whom participant is trading (current attempt)
Leverage - Maximum Leverage provided by the broker listed before.
Attempt - Current count of total number of attempts, exercised by participant to target the aim of challenge.
Net P/L - Net Profit and Loss Amount (in current attempt's acc. currency) in all attempts exercised.
Details - Any Post/s relating to latest attempt, acc. status (i.e. trade explorer), etc
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UPDATES
4th November 2013: Rule "V" added to take care of broker bonus/etc which skews trade explorer and profit/loss statistics.
15th April 2013: Rule "D" edited to add "HUF" as another base currency
26th February 2013: Rule "U" added to filter out noise from increasing no. of Multiple username ID's/New ID's/Disgruntled lot/Jealous Dumbs/Chucklehead-variants... et al
24th March 2012: Rule "R" edited. Those using CUSTOM START DATE feature on their trade explorer, in Explorer options> Select Explorer Time Zone> Select your Broker's time zone, so that correct trades/performance is published/viewable.
- Rule "S" NOT APPLICABLE from hereon as Trade explorer can be relied upon for performance.
22nd March 2012: Rule "O" NOT APPLICABLE from hereon as only one method would be allowed for publishing account details & trades i.e. Trade Explorer. All other previously allowed like Myfxbook, MT4 Acc. Screenshots have been withdrawn. As none of the current participant is using any other publisher, this change won't affect any participant.
14th March 2012: Chat room link is still deactive. If participant/s is/are interested, i can move to a service which provides paid chat platforms like cbox (chat rooms on free hosts i installed were either slow/buggy/un-customizable). Let me know.
30th December 2011: Rule "Q" edited. See clause Q (2).
28th December 2011: Non-MT4 account/trades screenshot publishing has been dis-allowed from here on.
22nd December 2011: Rule "R" added to avoid high-frequency updates.
19th November 2011: Rule "P" added regarding withdrawal from contest & re-enrolling.
9th November 2011: Rule "O" added for correct/reliable screenshots and avoid any confusion.
24th October 2011: Challenge is LIVE from Sydney session.

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THREAD RULES
(Inevitable; Courtesy increased levels of Testosterone, Sarcasterone & Moronosterone thrown upon in posts on FF;
Will make sure these rules are followed by reporting religiously (Just like my other threads))
1) If not interested to participate, do not post. Will be reported for deletion.
2) Any post related to DEMO money/accounts/trading/etc is not allowed.
3) Any post with trading results/statements/advertisement by a non-participant/participant, which is not a part of this challenge is not allowed.
4) Participants (ONLY) can post their trading views/analysis, regarding any allowed instrument.
5) Any sarcastic/inflammatory/racial/personal-rivalry/hate-laced/intimidating post is not allowed.
6) Any post ranting "Dreamy thread"/ "That's high-risk shit"/ "Will lose one day"/ "Lost-shirt stories"/ "WTF"/ etc is not allowed.
7) All those still posting, can feed their online ego/post count, before the post is reported for deletion.
8) Kindly avoid unnecessary posts. I hate clutter & may report the same for cleanup (including mine)
9) Kindly do not reply to posters breaking rules. The posts will be deleted anyway(i'm not a mod though)& I will have extra work of your post too.


P.S.
I have quite a experience with trading such low risk small accounts but lately its getting quite a monotonous solitary stuff .
Though building up a small amount is difficult & it feels gr8 & one can go on as with strict discipline(difficult), yet i have been doing it thinking from a different > Free Account Concept's < perspective. Just in case it gives you another thought.

if you had this thread modified as to allow any intial investmetn to participate, i would be interested (i'm very competitive)

Ulitmately you should measure performance by % return right? so does it matter where they start.

But it's your thread.

good luck

If the starting amount could vary I'd be interested. I've been using demo and am going live with a US $50. account in a week or so.

Either way- this looks like fun

I agree with what you say, but that website is NOT a contest, merely they are tracking performance, both live accounts & demo.

However, I do suggest that members here link these $100 accounts to the Forex Factory Trader Explorer, it is a viable method of displaying results given that members are more likely to be cruising FF during the trading day; in fact, I think it should be in the rules.

I understand the point of %age investment and that is what was mentioned as targets in 1st post....BUT i want this to be started with a very low investment.
Further making a 100% on 100USD and 10000USD investment is very different. Latter being more difficult and prone to more emotional turbulence...practically at least , if not theoretically
Though thread name changing is not an issue, I think i plan on keeping the rule, till may be many people want it to be raised to 200 or 300USD max or better the %age thingy!
BUT if 100USD rule is replaced by any starting equity, keep in mind that odds of low starting equity accounts reaching %age Target profits are lot more than high starting equity accounts.

BTW what views on you have about target %age 1000% or more? (just in case we remove the starting equity rule altogether)


Fully agree. I also kept waiting for that around july/august i think.

Starting amount is an issue as of now. Come on...make it 100 ...not a big deal At least 2 guys will agree then ..lol

Tracking is not an issue here. There are lot more better ways to track or post records and stuff, than that I**X connect. FF's trade explorer was also mentioned in 1st post as an option.
There are also lot of ways to detect fake proof's but that's not our job, as of now. If someone will fake results here..let his/her online ego be fed with that. At appropriate time, his/her results can be tested with requirements as demanded by opinion of majority participant's. Not an issue as of now.

I want competition but don't crave it. Further here, no one is going to get that meagre 1k/3k/5k prize money or trips to beaches (with weird round lot rules and withdrawal restrictions) and agreeing to lot more things as per TOS.
One will only get to test and hone his/her trading skills and discipline, with some responsibility trading an account, with people around.
Kindly no more posts on this.



P.S. I repeat... THOSE who don't have any plans to participate, in any way, need not post.

Hey mate, this sounds fun to me. I have been toying with the idea of running a high risk/low starting balance account lately anyway. Only problem is I would need to start with a balance well in excess of $100 dollars otherwise it is too much of a waste of time. Gotta pay the bills somehow

I get where your coming from with the $100 thing and that 100% of 100 bucks is a lot different too 100% of 1mill, but one mans $100 is another mans $100,000. All relative to your account size/personal wealth etc.

Its totally up to you though mate, don't change anything on my account as I may decide not to run my high risk/low starting balance experiment anyway.

Have fun with this whatever you decide

Ok. How much starting equity you are thinking about to start with?
Also, how long will it take for you to decide on experiment, anyway?


P.S. From now on, anyone who is INTERESTED to participate and thinks 100USD starting equity rule should be raised or removed altogether, let us know your appropriate level/views.
Also your views about target %age profits .

Not really sure sorry mate, only been toying with the idea but I'd say it will be in the vacinity of 5-15k depending on how much I decide to risk per trade (will be very high risk, anywhere between 3-10% per trade but havn't worked out a the details).

As I say though, don't change this idea because of me. I am not even sure if I definately want to run the experiment, how long I will run it for etc, etc.

Sorry mate, not trying to waste your time here, just like your idea.

UGh! come on meng! let us start at any level

i'll start at around 50-60k. I bet my ass i can beat anyone starting with $100 or less. It's about percentage return and yes $100 is just relative.
give me that chance

Quite gungho hilmy. Thats nice .
We need a couple of few people more ..just like that. I should update status of every user participating.

I am also think over to changing to "ANY" starting equity level. I will decide that prolly by today evening and change the thread name. What do you suggest regarding name now?


P.S. BTW Are you really planning to start wit 50k?
Actually i am thinking about 1000/10000% of 50k

yes it's my account.

also if it were up to me, i would let this competiton run for 1 year. but that might make the traders with attention deficit walk away. so can we make it for 6 months or at least till end of year? one month is too short. either way i'm happy to participate.

I'll setup a 100USD acct & FF Trade Explorer. I won't be able to post often though.

I'm in...

Well, if you plan to start with 50k (instead of a specially-made different side-by account with small %age of it), i think 10000% of profit target (i.e 10k for 100USD account or 5000k for a 50kUSD account) is quite enough even for 1 yr duration. (May be not for u, going by the last post )
That's going by the usual 4-10% gains, accepted humbly around (esp. on large accounts)

Anyway as you mentioned Attention deficit and mood swings matter a lot for long time frame projects. Further i am more inclined & feel appropriate that Profit %age targets are lot better than time frame targets i think.

Welcome. Listed as confirmed.
For future guidelines and updates, always keep reading the first post.

Cool.. we r rolling hot Listed as confirmed
For future guidelines and updates, always keep reading the first post.




Any more traders?

ok count me in,starting with 99 dollars...1 dollar is already deducted as a deposit fees by broker.

Welcome. Listed as confirmed
For future guidelines and updates, always keep reading the first post.

why not collect email addresses from participants and email them for direct communication.

Well, updates to the rule and terms, etc are done continuously (at least till we start the competition)
It won't be prudent & possible by emailing every time.
Generally updates are followed with posts in thread.So if subscribed (by default) you will get the email notifications anyway.
Its prudent to visit the thread once a day , at least before we start.

Further by asking emails, i may be flagging some people/mods who may think i am selling/gaining something. People think weird things

@All
Also i am still waiting for participants to reply to the "ISSUES" mentioned in 1st post.
Kindly. Thanks

I'll start this Monday 10/24. My starting equity is around $55,800. I'm using Oanda and the FXtrade platform with 1:50 leverage.

And I'll report my results with transaction history on daily basis (see below). There are rare days where i have swing trades on, so i'll let the thread know when that happens.



Let's get it on..

Count me in, but I am not going to post my trades here, because of lack of time, but I will post statements end of month (my broker has no other options).

I am sure it will take a lot of time, so don't worry about the once a month thing.