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

  1. #1
    1 Attachment(s) For those who aren't familiar with master FX, they have weekly demo account competition. Week after week, the majority of them are China Russia people in top 10. The demonion competition starting fund is $1000 and last week the top man got the fund for $139,669. How is that possible ? I saw that lots of times for the past couple of weeks.

    Below is the top 10 for final week demonion competition. The beginning fund is only $1000.

  2. #2
    Quote Originally Posted by ;
    For those who aren't familiar with master forex, they've weekly demo account competition. Week after week, most of them are China Russia individuals in top 10. The demo competition beginning fund is $1000 and last week the top man got the fund to $139,669. What's that possible ? I saw that lots of times for the past couple of weeks.

    Below is the top 10 for final week demo competition. The fund is1000.
    On demo everything works, since broker don't open opposit order from the order. On actual account game is different.
    For this particular masterforex compitition 1st price is 100$. . .if those leading trader can turn 1000$ to 139000$. .what they do on DEMO ?????? . Why they're not trading on actual 1000$ account...

  3. #3
    Quote Originally Posted by ;
    on demonion what functions, since broker don't open opposit order from the order. On real account game differs.
    For this particular masterforex compitition 1st price is 100$. . .if the top trader can turn 1000$ to 139000$. .what they are doing on DEMO ?????? . Why they are not trading on real 1000$ account....
    It is not simple to get 13,000% return in 1 week if it is demo account.

    I taken this by their forum.

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

    Account Country Balance
    1 4579928 Russia 1 599 174
    2 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

    A record breaker from Russia became the chief. It is the best result in all history of our competitions! This participant has made a large amount of trades, having tried almost all currency pairs within his trade. He raised his basically successful trades to eight hundred lots on the previous day and earned around $40, 000 on every one of them.
    The Chinese became the instant. He basically used the trading pair AUDUSD, raising volume of trades to eight prizes. One more contestant from China is on the next place. His egy was equal to the former participant.

    Turning $1000 into 1.5 million dollars is not simple in only 1 week ! I bet nobody inforexforum.co.zacan show this kind of return in only 1 week on demo account

    Why the Chinese Russian seems to perform this kind of return week after week ? I seldom find any US on top 10.

    If I have a egy which have a opportunity to find that kind of return , I'm willing to try that every week with 100 USD. I'll keep whatever profit Weekly and start afresh with 100 USD

  4. #4
    Quote Originally Posted by ;
    Why the Chinese Russian seems to perform this sort of return week after week ? I rarely see any US on 10.
    Because jacking up your lot size signifies taking insane levels of risk. It's a demo, so who cares, but if it had been actual trading... you'd be blowing out an account with that.

    MM rules take discipline. Most real traders understand breaking those rules isn't worth the paltry prize sums when it sets your discipline at risk.

  5. #5
    Demo is like useless all its really value is in helping you get knowledgeable about your trading appliions and its own glitches. So far as learning the art of trading is concerned its useless

    I've seen oodles of traders winning the demonion contest on etoro $2000 to between $250k~400k in a week. I once saw the winner of one specific week carry it to more than a million.

    Sure they get the prize but etoro's rules are u cant draw the prize cash they understand all to such traders can lose it all and lose it quickly as soon as they go live. That is what happens in every case. I never saw any of the demonion contest winners EVER even make it on the top 10 when they go live. They dont even figure on the list. I've never seen a demonion winner figure about the live record let alone win the dwell weekly competition.

  6. #6
    Quote Originally Posted by ;
    It's not easy to have 13,000% return in 1 week even if it is demo account.

    I taken this from their forum.

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

    Account Country Balance
    1 4579928 Russia 1 599 174
    2 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 listing breaker from Russia became the leader....
    Well,I think the US men don`t have time to chase after darkness since they understand that it is only a shadow.

  7. #7
    Quote Originally Posted by ;
    turning $1000 to 1.5 million dollars isn't simple in only 1 week ! I bet no one inforexforum.co.zacan show this sort of yield in only 1 week demo account
    You are on.

    And the demo-to-real note of no one making it as big post-contest reminds me of a rumor about Star Search, nearly none of the big winners there go to be just-as-big celebrities. Factors, I guess. Maybe some individuals' brain is wired for competitions, others' for consistency.

  8. #8
    Quote Originally Posted by ;
    turning $1000 to 1.5 million dollars isn't easy in just 1 week ! I bet nobody inforexforum.co.zacan show this type of return in just 1 week on demo account
    even though they could it really wouldn't help them make a dime .... I mean a true dime in the Long Term

  9. #9
    Not to get into the debate of demo versus fact BUT one has to note that 800 lots isn't a figure your friendly neighborhood prop shop is going to allow you to exchange -- NOWHERE NEAR IT ! My broker has a limit of 20 lots and many others have comparable.

    The way of increasing the lots, while certainly an superb procedure to accelerate profits, does refuse to take into account what occurs when 800 lots enter into a drawdown of a measly 20 pips -- I sure wouldnt want to be holding that hand without a porta potty standing by, and DEFINITELY not having real money !

    It's extremely interesting to observe how they go about playing the game, and while this egy is in constant use around the world (on a slightly smaller foundation, shall we say) it doesnt hold much credence towards a more sensible situation, which others here have pointed out.

    I remember that the EA competition of two decades ago (envision this years pretty much exactly the same) where the winner saw a trending currency (USDCAD since I remember) and set his EA on it -- increasing lots since it went up and selling the drops, then buying and increasing lots again -- the same concept, WHICH BY THE WAY has been the de facto benchmark for investors for the last 200 decades, albeit usually modified by averaging instead of selling the dip and buying the underside -- THAT is for traders to perform, not investors !

    INTERESTING small sidenote though.

    Love and exchange nicely

    mp

  10. #10
    Thats cool, I see thr mostly Russians this week. They have to be doing somthing right LOL. What is the official trading tournament website?? Such as thr is this for EAs http://championship.mql4.com/ is thr 1 for guide trading? I am currently entered in surefirechallenge I dont now how oficialial/popular thet is. Funnily I and just trading a/u like thos chines lossin now so mayb luke will chang anybody have a clue for compatitions?

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