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drawdown
 Post subject: drawdown Post rating: 0   New post Posted: Sun 11 Dec, 2011, 17:49 

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I see Rahul won a lot of contests. I've also been watching he takes of 400 or 500 pips and more. I even saw one loss over 700. All of these are left open until, hopefully the market turns around. I see many of the same trades closed for under 100 pips. Is this the way you need to trade to win this?? It certainly will blow you up psychologically and financially in real life.


 
 Post subject: Re: drawdown Post rating: 0   New post Posted: Tue 13 Dec, 2011, 23:06 

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Joined: Wed 07 Dec, 2011, 22:09
Posts: 18
Location: US
Sure this is bound to happen because the contest is not with real money, and may foster the "go for broke" mentality. However, traders that do not do that are winning more and more. Watch the traders accounts that have been filtering up as the month goes by. You will start to see a few that actually trade pretty decently. They will win more and more in the future as other traders begin watching them more and more.

Take care, and good luck in your trading,
ikahll


 

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