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Hint for new "LIVE FX Trader Contest"
http://www.dukascopy.com/swiss/english/forex/jforex/forum/viewtopic.php?f=205&t=56775
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Author:  Frank_ [ Fri 19 Oct, 2018, 12:29 ]
Post subject:  Hint for new "LIVE FX Trader Contest"

Hi,
if I can give a hint for new "LIVE FX Trader Contest", I'd suggest to add the following simple rule for prizes:

"If the weekly profit of trader is less than prize, then the trader will receive only its weekly profit,
if the weekly profit of trader is greater than prize, then the trader will receive only the full prize"

For exmple:
1. the first one made 20% and $157 then he will receive $157
2. the second one made 15% and $500 then he will receive the full prize $200
3. the third one made 10% and $12 then he will receive $12

and so on

The purpose of this rule is to reduce the number of traders that with gambling strategy or sometimes with unfair means trade only to win the prize
(IMHO that was the main trouble of past demo contests, in demo contests "traders only for prizes" moved stats to unreal figures).

Best regards,
Frank

Author:  Frank_ [ Fri 26 Oct, 2018, 11:58 ]
Post subject:  Re: Hint for new "LIVE FX Trader Contest"

Hi,
I added my feedback and comment about new LIVE contest to Dukascopy Team request.

I used pdf document for a fast formatting.

Best regards,
Frank

Attachments:
Hints for new 'LIVE FX Trader Contest'.pdf [56.54 KiB]
Downloaded 486 times
2018.10.20 Equity Leaders - Demo Trader Contest.pdf [864.22 KiB]
Downloaded 492 times

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