Over 13,000% return in just 1 week ! How is that possible ? - Page 2
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Thread: Over 13,000% return in just 1 week ! How is that possible ?

  1. #11
    Who will establish that these results are accurate? They probably dont give any money to any actual person. . .You won't ever see those returns on dwell account competition. Pathetic!

  2. #12
    It's easy. Utilize a lot of different demo accounts and go all in using unique approaches in all of these. At least one needs to be in the black heavily after a week.

  3. #13
    it is suicide money management in long term. I attach an account announcement of the weekly competition winner from china to your research. The contests were conducted by Ikon Asia.

    To be honest, I'm very jealous of their ability. I attempted to get in touch with any one of the winners to understand how they trade without success. Probably any of you know where these winners participate in any forum?



    Quote Originally Posted by ;
    It's not simple to have 13,000% return in 1 week even if it is demo account.

    I taken this by their forum.

    Winners of the week 03/02/2009 - 03/06/2009:

    Account Country Balance
    1 4579928 Russia 1 599 174
    two 4579684 China 48 962
    3 4579151 China 45 428
    4 4578572 Iran 43 984
    5 4580192 Russia 29 696
    6 4579868 China 27 338
    7 4579300 Russia 19 978
    8 4579293 China 19 590
    9 4580147 Indonesia 14 221
    10 4576608 Russia 14 123

    [I]A record breaker from Russia became the chief....
    https://www.forexforum.co.za/attachm...1796861829.pdf

  4. #14
    Quote Originally Posted by ;
    Because jacking up your lot size signifies taking insane levels of risk. It is a demo, so who cares, but if it was real trading... you would be blowing out a account with that.

    MM principles take discipline. Most actual traders know breaking those rules is not worth the paltry prize amounts as soon as it sets your subject at risk.
    Also on real account it's not possible to exchange 10 lots without having to make a petition (or even on IB broker) a having to cover a much larger spread.

  5. #15
    Why don't you tell them to stop at the max lots for a live broker and pretend it is a Demo account if it is SECRETLY a live account.

    If they can take $500 to like 15K. . .wouldn't it be worth the Strive?

  6. #16
    Alexander Elder writes concerning trading competitions in his book Trading for a living, 1st edition, see page 55 (the 2nd edition that is called new trading for a living does not contain this part).
    Excerpt: Every dog has its day in sunlight and most losers have at least one good quarter. If you keep entering competitions and taking wild chances, eventually you will have a winning quarter. Simple.

  7. #17
    The only method to increase profit is to boost risk.... So for massive profit there was massive risk. That's trading

  8. #18
    Simple answer: Arbitrage trading. Brokers dont give a $$$$ if you utilize arbitrage trading to acquire a demo contest and it can be done even easier on demo account. But if you use the identical egy with real account, dont have some hope for withdrawing profits.

  9. #19
    Quote Originally Posted by ;
    Easy answer: Arbitrage trading. Brokers dont give a $$$$ if you use arbitrage trading to win a demo competition and it may be done even simpler on demo account. But if you apply the same egy with real account, dont have some expectation for withdrawing profits.
    1

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