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trader contest rules http://www.dukascopy.com/swiss/english/forex/jforex/forum/viewtopic.php?f=48&t=54390 |
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Author: | adiray [ Tue 04 Oct, 2016, 12:09 ] |
Post subject: | trader contest rules |
Im trying to join the traders contest but some of the rules are a little confusing. could anyone explain to me how this rule works or what it means? "Take profit and Stop Loss levels should not exceed 2% from the opening price for EUR/USD. Limits for the rest instruments recalculating each settlement according to "Pip Conversion Schedule". E.g. Limits for AUD/JPY=(EUR/USD Points/AUD/JPY Points)*2%=1/1.74*2=1.15%; for EUR/NOK=(EUR/USD Points/EUR/NOK Points)*2%=1/0.17*2=11.76%, etc." ive quoted that directly from the contest page for rules. thanks for your help. |
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