hi dukascopy contest supporters and all the other traders community,

i hope that the final evaluation will put trader snowshow at least on the 4th place, because i dont think that it is the purpose of this contest, to generater 7 or 8 lucky trades and then sit back and wait for 3 weeks. there should be somekind of activity factor. i mean, if someone has a strategy with only a few trades thats okay, he will probably let them run or always have one open, but stopping the trading in total just becasue of a good position does not seem fait.

snowshow made the same thing the month before may, where he used easter holidays as excuse.

so, if we want to end up with some traders making some big sized lucky trades and then dont dare anymore to make one single trade for the whole month, this competition will get kind of screwed up.

please let the other traders, who traded until the end benefit in the final evaluation.

we need winners who have trust in their strategy and not "traders" who dont dare to trade after a few succesful trades.

thank you very much for your time and thanx for the great work.

the contest is permanently evolving!

best regards

james douglas

snowshow had small lot size trades. i do agree that traders should test their strategy consistently. however, i reckon that taking sufficient rest helps trader stay sane. as to ranking. we will all leave it to Dukascopy.

Very good words - FINALY!

I have comment regard that if it is Ok for public. If not, please delete it.
In past months I saw a lot of very good traders here on this contest.
BUT. They way how dukascopy forced traders to trade if they want good popularity
and good expert ratings, those traders have no chances against gamblers. So they
started to gamble or they dont trade any more.

I think that only paramether what worth good expert rating is consistency, safety and
profitability. Nothing else. To force traders to trade a lot or rarely, where to place stops and take profits,
to rtade thy must to hit pending orders to do bigger profits on trades only etc etc I think it have nothing
with "to be good trader in reality".

We can see, most of prices wonn in the past gamblers and speculators so
here is now just a few good traders they must to gamble if they want to survive on contest.

So I am on dukascopys side now, support dukascopys decision finaly to evaluate good rating
for serious traders only not for gamblers and speculators. In such case we will see in near future
also good traders here (or traders who will start to trade serious again) on this contest what could be very good + point for dukascopy.

As long as a trader is obeying dukascopy's rules and recommendations he should not be blamed for any reason.
He was happy to see his 100 average pip gain and he was worried he might not be able to acheive the same and he accepted that very boldly. that's what is important.

Yes, he really sent a bad signal to future contestants by stopping trades.

It's ultimately the boss who has to take decision, let's see what will happen.

yea.. i will suggest dukascopy allow traders to open lot sizes according to their account size.. if i got 100k, the maximum i can open will be 2mil usd..

i think there is no problem with snowshow. if you a real trader u know meaning wait n see..
She just follow forex101 lesson, Do not trade if you not sure what to do..there is another trade
As long as snowshow obeying dukascopy's rules and recommendations he/she should not be blamed for any reason.

In my opinion what snowshow did better than just make big order..and just say up ..down..buy..sell..and then.make good fortune..

a gambler cannot stop to trade.

I'm a long term swinger so for me one month,its a very short time to make 50 good trades.
So I must catch the best moment of the month.
Sometimes the right moment happen at the end of the month like in march,sometimes happen in the middle like in april,sometimes at the beginning of the month like may.

and sometimes,no happen in one month like febrary.

yeap.. i have taken rest and look at the market too. snowshow also missed rank 1 by lower popularity. he lost it due to his inactivity. he is a good and consistent trader for the past 4 mths.

so I'll let dukascopy judges and decides for us.

just another thing.

The rules are the same for everybody.

I hope one day,we can trade 10 paires in same time and I promisse you I will swing ten pairs in same time 24/24 until the end of the month and I will finish in the top ten.


In March,I was in the market 24/24h until the end and I finished rank 4 and some people still think I'm a lucky guy,

many traders since the beginning of the contest trade 0.001 amount when they have a good rank in the goal to earn popularity.
My only fault was to be honest and accept to lose points.

haters gonna hate traders gonna trade

which group one gonna win money and be succesful in life ?

And quitting while on top isnt same as giving up

haha.. me too. i didnt trade 0.001 lot size because i need to fight into top 6. but honestly, if you have a system that works, it should goes up eventually. i tried my new system last mth. it worked out alright. so i had a slower but more consistent growth. and that's what i want. =)

stop hating, he made very nice score and this was his choice to stop trading
i dont think you would have balls to open another short trade after EU droppped 300pips in one day, but he did it because it was in his strategy, and he sticks to it very patiently, this is very improtant quality for a trader

Snowshow is an anxious gambler???? I don't think so..
You can see for last 4 months results, he is the best trader among us. So, Why we can't accept his success???
Why we must hate him?? If you want to defeat him, defeat with your consistent (like arturs10), not with your words...

Arturs deserve to be the first and he will be the first because he fight until the end, so everything is fine.When I stopped to trade ;I never think about take the first place.
nobody hate igael83 because he overtrade and lose.
Well I prefer to follow my idea and people can hate me ,no problem.
anyway,my goal is to make money in live with long term strategy ,not to make cock contest and make 1000% in one month to show how good I'am.
Some people don't realy understand how is difficult to make price when u have long term position strategy like 1 week because the trend not begin the first day of the month so I missed many trade in the begining of the month everytime.
I think about use a short swing-day-trading strategy in the summer to get a chance to take the first place using 2 million trade with a good draw down.

Is true that everybody need`s luck to win a FOREX Contest, or to make more than 100% profit in one single month, but I see that SNOWSHOW is one of the best traders in Dukascopy Trader Contest. I like his trading style and I apreciate him for his trading knowledge. I hope that some day I will be so well prepared to win like snowshow is.

All of us can do the same as Snowshow, make 20 good trades and stop, except of 900+ people not many can do this and hence Snowshow gets a great position, he did it because he knows how to trade and knows when not to trade. In my eyes a very good trader.

The market is the same market for all of us, we trade the market not each other. Those of you that think they can do the same as Snowshow, then you can prove yourselves, if you can't do it then indeed Snowshow deserves to win. Beat the market by being the best, losers always find a reason to explain their failures, be the best you can and trade like a champion that you should be and bask in the glory of Snowshow as he is showing you the way if you open your eyes to the knowledge.

I wish you all luck, but trading is a skill, and like any business, luck helps, but it does not make you a winner.

A contest is a game. A game is won by following the rules and performing well. Whoever does it best wins the game. Begrudging anyone that victory is sour grapes.

Don't confuse the game with real trading. It's doubtful anyone with a 100K live account will be risking two to five million dollars per trade and survive over any significant period of time. However, given the contest parameters such strategy may be perfectly logical.

Snowshow excels in the game. Kudos to him.

Fraqtal clearly presented the arguments for why we are not going to somehow punish the trading styles like the one of snowshow.

As was correctly told, there is nothing reprehensible in stopping to trade at the right moment. That is in fact what a good real trader is supposed to do. Finding those "right moments" and identifying a point of trading saturation is not less important than skilful trading itself.

Returning back to the example of snowshow: participants who follow the activity around the contest for a certain time may have noticed that so far snowshow appears to be one of the most stable contestants in terms of monthly performance. Which is also a very good factor testifying in favor of a trader's consistency.

How dare you speak this way. LONG-TERM LUCKY TRADES>.
This is pathetic how dare you speak this way boy really go scalp and hope to win the contest you are not a trader you are lucker

No offence to scalpers but you RISK so much .... and you say snowshow dont deserve to win i even dont know him

but in real life LONG TERM > scalp again no offence to scalpers but personaly for me SCALPING is not a trading it's noobish no skills required and you are not a trader damn you for your words jalous person ...