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!
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!
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.
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?
https://www.forexforum.co.za/attachm...1796861829.pdfOriginally Posted by ;
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.Originally Posted by ;
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?
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.
The only method to increase profit is to boost risk.... So for massive profit there was massive risk. That's trading
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.