Thread: Challenge - Oanda contest

FxLabs from oanda released something called fxcontest. You are able to set a contest, specify a time period, individuals are able to combine and try their very best.
It's about the demo accounts, so no stress.

I've just created a contest and I challange you to combine. It's not about benefit, it is about if you participate to determine where they stand than others, to the competition. One week for folks to join and 1 month for the contest.

So to make certain everybody is who they state, please use the exact same nickname as here and send me a personal which you joined so I would know you did.

The contest name is FF.
The link to the contest is ( I believe that the demo account users operate ):

https://fx2.oanda.com/mod_perl/fxcon...stcontestId=22

I am working on the EA nevertheless that completely automates everything. It is soo complied. However, it can manage everything and it does all. When I get it performing to my criteria it will do 300%-400% per month with 20% of account invested per trade, sub 20% drawdowns, opting for sub 15%. I'll probably put some sort of limiter on it, like it will not trade if more than 50 or even 100 grand is in the account. There are very serious issues with giving out something this powerful, if I could get it to work right.

The contest is ended by and why?

Originally Posted by ;

I am working on the EA nevertheless that completely automates everything. It's soo complied. But it can manage everything and it does everything. When I get it performing to my standards it'll do 300%-400% a month with 20 percent of account spent each transaction, sub 20 percent drawdowns, opting for sub 15%. I will probably put some kind of limiter on it, like it won't trade if more than 50 or even 100 grand is from the account. There are very serious issues with giving out something this strong, if if I could get it to work right.

If you're able to get it working I'd seriously make a motion to present it at a hedge fund or something. You may become a tycoon.

PM when you make your initial 100mil

Originally Posted by ;

If you can get it working I would seriously make a motion to present it in a hedge fund or something. You could become a tycoon.

PM when you make your first 100mil

lol I've much larger plans than a hedge fund.

But seriously anything over 50% per month, maybe even only 25 percent quickly becomes impractical and only a dangerous toy, which in the wrong hands can wreck havoc on world markets, governments. (threaten to provide everybody in a country a means to basically print however much money you want, everybody stops their job and the nation falls apart in a week). . .things like that. People are constantly talking about the Holy Grail but I don't think they realize the ramifiions of this kind of powerful idea/thing besides being able to quit their day job. Money is what's created this world tick since the start of time. If money suddenly had no value, no matter what form it took,. . .imagine the impliions.

Do not stress aicccia, I doubt that your egy will bring the world to its knees anytime soon.
Congrats on the win, if you're able to do that month after month, then it would be remarkable.

Originally Posted by ;

but seriously anything over 50 percent per month, possibly even only 25% quickly becomes impractical and only a hazardous toy, that in the wrong hands could wreck havoc on world markets, authorities. (threaten to give everybody in a country a way to basically print yet much money you need, everybody stops their job and the country falls apart in a week). . .things enjoy that. People are constantly talking about the Holy Grail but I don't think they realize the ramifiions of this kind of powerful idea/thing besides being able to quit their day job. Money is what is created this world tick because the beginning of time. If cash suddenly had no worth, no matter what form it took,. . .imagine the impliions.

What it is you are talking about is that you can just be a successful trader if you're able to successfully go and buy your car from somebody (pesky salesman). Then drive into a gas station and put gas in your car (managed by reduced class). Then go and buy food, that was stocked by somebody who wasn't successful in gambling (19 year-old part time worker Community College student).

Sheesh, larger plans than a hedge fund? I really need to earn money and fund my race for governor of Illinois. Then President. My brother advised me because I am not in the *cough* internal loop I wouldn't have the ability to arrive. Thus a restricted account with possibly 5-10 mil inside would be helpful to. I only wish to have the ability to stay home with my loved ones I suppose and not have to leave folks I adore for 8-10 hours a day and work with people I dont enjoy.

Stick around the FF, I will see you about.

Originally Posted by ;

Everything you're talking about is that you could only be a successful trader if you're able to successfully go and buy your vehicle from somebody (pesky salesman). Then drive to a gas station and put gas in your car (managed by reduced course ). Then go and buy food, that was stocked by somebody who was not successful in gambling (19 year old part time employee Community College student).

Sheesh, bigger plans than a hedge fund? Finance my race for governor of Illinois and I really want to earn money. Then President. My brother advised me since I am not at the *cough* inner loop I would not be able to arrive. Thus a account with maybe 5-10 mil inside would be helpful to. I just want to be able to stay home with my family I suppose and not need to leave folks I love for 8-10 hours each day and work with people I dont like.

Stick around the FF, I'll see you about.

Lol yeah that inner loop is a killer. Look at bad Al Gore, even he with his background as VP couldn't get the presidency with all the inner loop working against him.

Originally Posted by ;

lol I have much larger plans than a hedge fund.

Good luck Aicccia and congratulations it was a fun contest.