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DEMOlympics for 2014

  • #101
  • Feb 12, 2014 4:35am Feb 12, 2014 4:35am
Are there rules about copying the trades of other participants? and also copying the trade but with a different correlated pair
Stupid people will mistake your confidence for arrogance
  • #102
  • Feb 12, 2014 4:43am Feb 12, 2014 4:43am
I dont think so as the trade explorer of every participant has to be public...
  • #103
  • Feb 12, 2014 5:00am Feb 12, 2014 5:00am
Quoting MapTheMarket
Are there rules about copying the trades of other participants? and also copying the trade but with a different correlated pair
Haha - sir, you will have to slow down here.. I'm not following..

It should be of no concern to anyone if trades are copied from PARTICIPANTS - meaning that the trader being copied has a public TE listed here. We each will have one account entered. If you have a concern about your trades being copied - then I cannot help. The explorer will be public. Members will be able to observe and do as they see fit. There cannot be a set of rules against that.

Maybe i'm not understanding your question..

Trade well and all success
  • #104
  • Edited 5:14am Feb 12, 2014 5:04am | Edited 5:14am
Quoting kanikuly
I dont think so as the trade explorer of every participant has to be public...
I dont think so, there should be a way. Ex, i can set my TE in private but there should be a record of the account number, date the TE was created, leverage, broker, Starting equity and the 1st 5 trades of the trader which includes the entry price of each order, TP and SL if there is, lot size, date open/ date close. With these one can set its TE in private. He/ shee can still update his status my setting it to public anytime he wants to or if somebody ask for update....


All those needed infos can be found on TE's trade report and trade list... I know this is a burden to TT because he's the one maintaining the contest.
Stupid people will mistake your confidence for arrogance
  • #105
  • Feb 12, 2014 5:06am Feb 12, 2014 5:06am
Quoting TauTrader
{quote} Haha - sir, you will have to slow down here.. I'm not following.. It should be of no concern to anyone if trades are copied from PARTICIPANTS - meaning that the trader being copied has a public TE listed here. We each will have one account entered. If you have a concern about your trades being copied - then I cannot help. The explorer will be public. Members will be able to observe and do as they see fit. There cannot be a set of rules against that. Maybe i'm not understanding your question.. Trade well and all success
i wasn't pinpointing to anyone here and esp you. But that was just my idea to be fair. Btw ill copy some of your trades and capelli's trade in the long run...
Stupid people will mistake your confidence for arrogance
  • #106
  • Feb 12, 2014 5:17am Feb 12, 2014 5:17am
Quoting MapTheMarket
{quote} I dont think so, there should be a way. Ex, i can set my TE in private but there should be a record of the account number, date the TE was created, leverage, broker, Starting equity and the 1st 5 trades of the trader which includes the entry price of each order, TP and SL if there is, lot size, date open/ date close. With these one can set its TE in private. He/ shee can still update his status my setting it to public anytime he wants to or if somebody ask for update....
Going back to where this started, Tau basically called out 'the heroes' on the Cable thread (amazing to see very few, if any actually took up the challenge). Although set as a contest, I don't see this as a competition, but rather a comparison/study. Different perspectives, different bias (bears and bulls), all trading their way. I can't wait to see the outcome. The best result will be a load of traders taking and profiting what the market offers through their systems. Proving that 'right and wrong' are just timebound perspectives.

It's the comparison and learning that matters to me. I want to see how my trading fairs (and can improve) in comparison to traded accounts (as opposed to the usual 'I did this/that and the other' you normally hear on FF).

I know for a fact that copying isolated trades rarely benefits in the long run. Unless you understand the context of the trade, you can really screw up your own account. Typically, I would end up copying the one trade Tau/Capelli gets wrong (and they will, (no offence -that's trading)). Just my 2pence/2cents worth...
  • #107
  • Feb 12, 2014 5:20am Feb 12, 2014 5:20am
Quoting MapTheMarket
{quote} i wasn't pinpointing to anyone here and esp you. But that was just my idea to be fair. Btw ill copy some of your trades and capelli's trade in the long run...
Haha - I'm sure you will.. If you are going to copy these trades as a contra indicator - I may question it

Sir, we will have to keep it simple. You may set up your Trade Explorer as you see fit. The bottom line is this - if any member clicks on your link - they will have to be in a position to see what trades are taken. It is up to them(us) to figure out why. It's not that simple to figure out why a position was taken..

I will in any case attempt to group the participants into scalpers / day traders as well as longer term traders as we go along.

If you have concerns or do not feel comfortable in the format - then it may be a good thing to walk away now. I only want to see happy faces..

It is all in your hands - your decision. You have to be comfortable here.

Wishing you wealth, health and happiness

Regards
  • #108
  • Feb 12, 2014 5:20am Feb 12, 2014 5:20am
Quoting hollowhead
{quote} Going back to where this started, Tau basically called out 'the heroes' on the Cable thread (amazing to see very few, if any actually took up the challenge). Although set as a contest, I don't see this as a competition, but rather a comparison/study. Different perspectives, different bias (bears and bulls), all trading their way. I can't wait to see the outcome. The best result will be a load of traders taking and profiting what the market offers through their systems. Proving that 'right and wrong' are just timebound perspectives. It's...
Im well aware of TT's reputation here in FF.
Stupid people will mistake your confidence for arrogance
  • #109
  • Feb 12, 2014 5:21am Feb 12, 2014 5:21am
Attention, my trades have COPYRIGHT.
Please dont copy.

  • #110
  • Feb 12, 2014 5:24am Feb 12, 2014 5:24am
Quoting MapTheMarket
{quote} Im well aware of TT's reputation here in FF.
I wasn't suggesting you weren't - apologies if it came across that way.
  • #111
  • Feb 12, 2014 5:25am Feb 12, 2014 5:25am
Quoting bodypip
Attention, my trades have COPYRIGHT. Please dont copy.
with a -15.6% balance I doubt anybody would consider copying your trades at the moment, no offense...
  • #112
  • Feb 12, 2014 5:25am Feb 12, 2014 5:25am
Quoting kanikuly
{quote} with a -15.6% balance I doubt anybody would consider copying your trades at the moment, no offense...
LOL

PS: Friend, I am not offended be happy
  • #113
  • Feb 12, 2014 5:26am Feb 12, 2014 5:26am
just kidding there are many months left this is about the long run

ill watch your explorer closely
  • #114
  • Feb 12, 2014 5:31am Feb 12, 2014 5:31am
Quoting hollowhead
{quote} Going back to where this started, Tau basically called out 'the heroes' on the Cable thread (amazing to see very few, if any actually took up the challenge). Although set as a contest, I don't see this as a competition, but rather a comparison/study. Different perspectives, different bias (bears and bulls), all trading their way. I can't wait to see the outcome. The best result will be a load of traders taking and profiting what the market offers through their systems. Proving that 'right and wrong' are just timebound perspectives. It's...
sir, Fair comment..and appreciated.

I want us to step back and look at the overall picture here. It is NOT about the fancy stuff. We all carry demons - and putting ourselves within a group of fellow traders doing the same thing on a day to day basis - may show us where most are going wrong. We will soon start sharing more in terms of our thought process - I hope.

If we have 20 participants - will it mean that only 2 will finish the year on a positive balance? ( 95% of retailers story..) If so - then fine. If not - then it may serve a different purpose - even if only mentally. Probability dictates that we can expect a good mix of traders to put their "necks" on the line. I chose DEMO accounts for a reason..

Trust me - in this environment - people will trade these as live. ( Unless one would be exploiting an obvious glitch in the demo system)..

I see Bodypip is coming back STRONGLY!

I better go..

All success
  • #115
  • Feb 12, 2014 5:35am Feb 12, 2014 5:35am
Has this started already? I thought the kick-off was Sunday/Monday.

  • #116
  • Feb 12, 2014 5:36am Feb 12, 2014 5:36am
I now get it. This is not a pure contest but a place where someone can learn and share his thoughts. The prize is just a bonus. I was really expecting a contest, like those conducted by brokers...
Stupid people will mistake your confidence for arrogance
  • #117
  • Feb 12, 2014 5:37am Feb 12, 2014 5:37am
@Quidsey: Yep
  • #118
  • Feb 12, 2014 5:46am Feb 12, 2014 5:46am
Quoting MapTheMarket
I now get it. This is not a pure contest but a place where someone can learn and share his thoughts. The prize is just a bonus. I was really expecting a contest, like those conducted by brokers...
sir, M

That is the true purpose. I would however like to be a broker..

Kidding..

We will compete - no doubt. But in a good way, I hope..

All the best to you
  • #119
  • Feb 12, 2014 5:48am Feb 12, 2014 5:48am
Quoting Quidsey
Has this started already? I thought the kick-off was Sunday/Monday.
Sir Q,

you can go when you are ready. Since we all have different timezones - it would be difficult to indicate an "exact" start. Having a zero balance is not always a bad thing..

Trade well and hope to see you often

Regards
  • #120
  • Feb 12, 2014 5:54am Feb 12, 2014 5:54am
Quoting bodypip
@Quidsey: Yep
oh right..... better get my motor running....
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