Demo Challange 4-3-2011 thru 4-30-2011

Beginner Questions
1

4 week demo challange, who’s up for it?

#1–Must report daily with account screen shots at the end of the day,

#2–Screen shots of the daily trades must be shown also, just screens of last 20 trades, FOR THAT DAY

#3–I will keep a daily amount updated for everyone participating, with end day account balances.

#4–Account size must be 50:1 leverage, and starting balance will be $250

#5–IF you run your account dry, your done

This will be the official thread for the challange, just post here…

Lets have some fun, but also learn something along the way.

There is no need to lay out your strat, I just want account balances and screen shots.

Photobucket.com makes this very easy to accomplish, and its free.

Challange Starts tomorrow at Market Opening, So get in here and post your in,

:44:

2

Good morning, no one is up for this? really didnt think so before I wrote it, but thought Id try…

how about i raise the starting bankroll to $350

3

“google” surefire challenge if you are in need of the inspiration
of this type of endeavour.

4

Hey DayDreamer, thanks for the heads up… I did look into it. I cant have any part of a contest that allows a max of 0.5 lot size, thats childs play.

I run a progressive compounding format, and .5 is my 8th day, just cant do that…

also, Im not looking for inspiration, Im full of that already. Im just looking for a month of FRIENDLY demo trading. This isnt a , " Im better then you" thread, so dont take it like that. This is a practice month of fun…

Its practice people, and if you need it, this is the place.

Something to get new folks on track before entering the real game.

Wheather you need help keeping yourself in true form thru the day, or practicing angles or strats, this would help the ones that need it.

I already said I would keep account balances daily, people just need to log in the stats.

Hey, if you dont need this, great, if you do need this, then lets go. the gates open soon…

5

I cant have any part of a contest that allows a max of 0.5 lot size

Read more: 301 Moved Permanently

The idea of the 0.5 lot size is to limit gamblers & idiots who trade
far too high above their risk boundaries.

Thanks you have just confirmed all of my precognitions of why this
thread would even exist.

6

awesome, another bashering post, love those… Welcome to the 21st centry, where everyone thinks that everyone is out to get them, or single someone out.

Just no such thing as fun anymore, love it…

7

I’m sure your intention was good, but I have to agree with daydreamer that this sort of thing is not going to be helpful at all and I doubt you’ll learn anything from the experience. As daydreamer mentions it’ll only attract gamblers.

Also I’m wondering… how do you even plan to trade lot sizes of 0.5 or more with a leverage of only 1:50 and $350 account balance?

If you truly want to learn something deposit $100 of real money on a live account and post an online trading journal of your progress.

8

IF you think you have years to build a nest egg in the Forex, your wrong. This forex will be gone before you know it. Personally, and Im talking from a World economic stand-point, time is running out. IT IS TIME TO GAMBLE, it is time to compound EVERYTHING YOU have, and build an account to live off. If some one said to you, " hey dgeralds, the forex is going to close in 300 days", what are you going to do? You should be trying to maximize your earnings as often as possible.

Im not trying to get off track here, but if your in it to win it, then the bullcrapping, short change stuff needs to be looked at in the bigger picture.

Im just saying, THIS is how to make the money. Because the time is going to change. If you live under a rock, then maybe you have no idea what Im talking about, but take a look around, we are the chest pieces being moved around, till the time is right, and we are out of time. its very concerning to me that know-one can see the HUGE picture.

Forex IS gamblin, wake up man…

9

Here food for thought,

“”“The offshore drilling firm responsible for running the Deepwater Horizon rig has given its top executives bonuses for its “best year” for safety.”""

And you think this is a game?

Everything around us is about to go away, so use your time wisely

10

This is sensible; the rest are garbage.

11

I am actually only going to stay in forex until I can afford to get into futures contracts such as the Emini. However, I believe you need to have at least 5 grand to get going though. The forex market is just a vehicle to get me to the next level, if I can do this correctly.

12

Thats great fihunts, you will get there…

Wish the best for your goals in 2011,

Cheers To you Sir