hi …
since 4 months i start with contest of demo accounts , each contest for 2 weeks …
the current contest start yesterday , starting balance 10000USD and leverage 100 only
since yesterday the first 5 positions , doubled the balance around 6 times (57600 USD)
most of them are from Asia (Indonesia - China - Malaysia - Vietnam…)
Haw they do it ? (the EA is not allowed )
Please i tried many systems but could not have 50% of what they do …
hmm. May be they are taking too much risk? Say 50% account risk on each trade and bet their luck?
Hi there.
Can you share a link to the contest please?
As for the way they do it is most probably news trading. There have been some news movements since yesterday (AUD, USD and GBP) so if you go all in several times in a roll and you guess the way you can make quick profits. The same is valid also the other way around and I am sure that there are a lot of participants with flatten accounts 
the contest is for FBS , next week another one will start of EXNESS , but you have to be registered to see contest result
and about flatten accounts you are right ( by the way my balance now is around 13000 and my position is 367)
i could not upload images …but the first position is 64903
I am also participating at FBS. lol 
Well their balance is increasing very fast. After I saw the their balance, I am wanna ask the same question “How they do it? :D”
I am way behind. 
my position now in 355 but , i will become crazy still very very far from them
Trade with 50% risk is like a ship in a deep ocean without rudder, I can’t imagine. Over 10% risk sometimes fall us a great trouble when markets move at random. It can make someone rich within short time and also can make vanished at the same time.
It is a completely different psychology when trading on demo and for sure much higher risk is needed in such competitions if you want to be on the top places in such short period. So in the end of the day it is not who has best knowledge but who has the best luck. It is still fun though.
At the end of the day you can get maximal result by means of good luck, I admit it. But not for all time. For making profit with consistency there is no way to depend on best trading knowledge. Just have it.
trade risky pulbacks. switch from timezones from high to very low(like 5 minutes) determine direction of trade in high zne and pinpoint your entry in low timezone very risky with a verytight stop. the trick in such contests is tht the first 2-3 trades must be big winners, then afterwards you can relax a bit and go lessrisky on your higher account balance, then all you need to do is make no major mistakes anymore.
2014 i made in such a competition within 1 months with a starting balance of 20.000 and only options trading, stocks and derivates in 1 month 2,3 million. but wasnt enough for first place, the winner was at a balance of 4,4 milion.
the strategy is very simple, go high risk on god oportunities, thou the execution is hard. if you go high risk a10 pip move against you can wipe you out. therefore you need more luck tha experience (thou you need knowledge and experience aswell, the essiantial must have is luck) that when you enter the position it doesnt go back 10-20 points to wipe you out but imediately continue in your favoured direction.
Yes, you would have to be “All in” at every oportunity wouldn’t you ?
Theremay also be some with multiple identities - like “Viet Nam” ?
the one i used to participate with you could reset ypur avcount (and balance) once every 24 hours and you had 2 seperate accounts with each 20k. so twice reset a day. if today didnt work out then tomorrow might will. the issie is to get high enough but as lomg as you r at starting balance you can reset anytime.
