FXCM real money contest result's and record

Discussion in 'Forex' started by ssss, Aug 7, 2012.

  1. ssss

    ssss

    8..februar 2012-1918.36% china A.e. 13928$-281128$

    1.record movement
    -----------------------
    started februar contest with open position in parts from 16
    until 30 januar) account equity= 13928 $ ,balanse= 4342.59$

    long 380 k gbpjpy 117.699/119.736- 129.134

    +51074 $

    +long 120 k gbpjpy 16 feb 122.907-129.134 29 feb + 9221$
    51074$+9221$=60295$

    ----
    2.very good movement
    --------------------------------

    long 700 k usdjpy in parts 3feb-29 feb 76241/76.259-81.131

    +42080 $

    3. normal movement ,great position
    ---------------------------------------
    16 feb -21 feb

    long 3000 k (3m) eurusd in parts 1.29838/1.30356 -1.32008

    +56 798 $

    4. normal movement ,great position
    ---------------------------

    22feb-29 feb

    long 4000k(4m ) eurusd in parts 1.32552/1.32506-1.34374

    +73817 $
     
    #21     Aug 25, 2012
  2. ssss

    ssss

  3. ssss

    ssss

    CONTEST STATISTICS

    I'm glad you have recently included weekly updates to the monthly KOM contests.

    Another feature that I think would be fun and interesting to keep are statistics for each month's KOM competition:

    1) How many active contestants are in the competition for that month.
    2) What percentage of contestants made money and lost money.
    3) What is the percentage range gain/loss for the overall competition

    ex) There were 5,000 eligible traders.
    30% Finished positive for the month.
    08-16-2010 05:06 PM

    http://forexforums.dailyfx.com/king-micro-trading-contest/231012-contest-statistics.html
    ----------------------------

    5000 *41 month march 2009 -juli 2012 = approx 205 000 attempt's

    Author suspected more ( 1 mln attempts ) as each account with
    more as 500 $ account equity -automatic entry
     
    #23     Aug 26, 2012
  4. ssss

    ssss

    Only about 1 percent of traders are consistently profitable over several years, and investors who trade more frequently tend to underperform the market, according to Brad Barber, a finance professor at the UC Davis Graduate School of Management who has done extensive research on the issue.


    From this profitable 1% operator's

    professional's must be subtracted


    In retail sector profitability is lower as 1 %
    -------------------------------------------------

    This 1 % is profitable from fortune ... as in lotto ,where
    from 10-100 mln operator's exist one ,which won 10-100 $


    It it zero summ game ,where retail are dissadvantaged

    payed spread ,different fees ,lower speed connection &
     
    #24     Aug 29, 2012
  5. ssss

    ssss

    Most lower risk by start
    ################


    From first 8 performer's for 41 month's

    1.october 2011 -12725 % canada A.e 1296.08$-166226.28$
    2.may 2010 - 3109 % poland A.e. 532.32 $ -17087.65$
    3.dec 2009 -2931.95% china A.e. 725.24 $-21989$
    4. sen.2010 -2860.58% canada A.e. 546.74$ -16186.95$
    5. dec 2011 -2464.12% china A.e. 507.97$-13024$
    6. maj 2011 -2116 % china A.e. 523.38$-11600.14 $
    7. march 2009 -1951 % hk A.e. 961.10$-19714.24$
    8..februar 2012-1918.36% china A.e. 13928$-281128$

    most lower risk by start possbile by

    5. dec 2011 -2464.12% china A.e. 507.97$-13024$

    http://media.dailyfx.com/sales/micro/kom_docs/DEC2011/dectradereport1st.pdf

    after won 23 $ on 507.97$ =530.97$ (account equity)

    14.38- sold 30 gbpusd 1.57094
    14.48 closed 1.57165

    loss 7.1 pips =-21.30 $

    Risk 4.01 %

    But ... stop loss 7.1 pips on gbpusd ?

    as example first from top perfomer's list ,canadian with 12725% used more realistic stop loss

    21 pips on audusd
    ############

    and catched two loss , each 12.5-13% from start
    .....


    by risk 4 % 16 operations with loss in row = 52 % of start account equity

    16 loss in row with 20 pips stop loss is norm .
    ##########################

    Author of posting in paper game with real quote
    catched 32 loss in row with stop loss 20 pips

    ....
    by risk 8 % 8 operations with loss in row =51.32 % of account
    by risk 12.5 5 operations with risk in row =51.290 %
     
    #25     Aug 29, 2012
  6. ssss

    ssss

    From first top 8 performer's for 41 month
    no one account decreased to 50%-60 % of
    account equity by start of the contest month

    Most heavy loss by 1 and 3 performer's

    1. - october 2011 -12725 % canada A.e 1296.08$-166226.28$

    from 1296.08 to 988.78 $

    -23.71 % to 76.29 % of start account equity 1296.08$

    http://media.dailyfx.com/sales/micro/kom_docs/OCT2011/octtradereport1st.pdf


    3. dec 2009 -2931.95% china A.e. 725.24 $-21989$

    from 725.24$ to 624.91 $

    -13.84% to 86.16% of start account equity(not balanse) 725.24$

    http://learncurrencytrading.com/Micro/KOM/KOMDEC/KOM.pdf
     
    #26     Aug 29, 2012
  7. ssss

    ssss

    Error correction

    was -
    -----
    This 1 % is profitable from fortune ... as in lotto ,where
    from 10-100 mln operator's exist one ,which won 10-100 $
    must be
    --------
    This 1 % is profitable from fortune ... as in lotto ,where
    from 10-100 mln operator's exist one ,which won 10-100 mln $


    7/8 march 2007 most greatest win in lotto

    U.S. Mega Millions

    two players won each 190 mln $ .Chanse was 1/176 mln
     
    #27     Aug 29, 2012
  8. ssss

    ssss

    Example of heavy loss from start and after that respectable result

    http://forexforums.dailyfx.com/king-micro-trading-contest/108317-king-micro-sept-2009-results.html

    http://forexforums.dailyfx.com/king-micro-trading-contest/108317-king-micro-sept-2009-results.html


    2 place
    sept 2009 China 1114.66% 6073 .30 $ on start account equity 500$

    only after two operations from 500 $ to 196.04$

    1 +396 $ 35 k 93.118 -92.07 +396.26 $
    2. 3-4 sept 2009
    -698.57$ 75 k 91.997 -92861 -698.57 $

    Account equity = 196.04$ 39.208% from start

    or -60.792%

    after that from 196.04$ to 6073.30 $ - respectable 2 place +10 000 $
    price money

    #############
    2 place

    oct 2009 China 1101.65 % 6008.95$ on start account equity 500.06$

    http://learncurrencytrading.com/Micro/KOM/JuneKOM/kom2oct.pdf

    http://forexforums.dailyfx.com/king-micro-trading-contest/123510-king-micro-oct-2009-results.html

    only after second part of first operation from 500.06 $ to 166.02$

    or 33.20 % from start account equity
    -66.80%

    1.a.
    sell 30 k usd/jpy 89.73-89.50 ... profit +74.39 $
    b. sell 30 k usd/jpy 88.286- 89.50 ...loss -408.43$

    Both part closed 9 oct 14.03 ...

    after that from 166.02 $ until 6008.95$ (36 time's)
    +10000 $ price money
     
    #28     Aug 29, 2012
  9. ssss

    ssss

    #29     Aug 29, 2012
  10. ssss

    ssss

    Probability of winning

    The chances of winning a lottery jackpot can vary widely depending on the lottery design, and are determined by several factors, including the count of possible numbers, the count of winning numbers drawn, whether or not order is significant, and whether drawn numbers are returned for the possibility of further drawing.
    In a simple 6-from-49 lotto, a player chooses six numbers from 1 to 49 (no duplicates are allowed). If all six numbers on the player's ticket match those produced in the official drawing (regardless of the order in which the numbers are drawn), then the player is a jackpot winner. For such a lottery, the chance of being a jackpot winner is 1 in 13,983,816.
    In bonusball lotteries where the bonus ball is compulsory, the odds are often even lower. In the Mega Millions multi-state lottery in the United States, 5 numbers are drawn from a group of 56 and 1 number is drawn from a group of 46, and a player must match all 6 balls to win the jackpot prize. The chance of winning the jackpot is 1 in 175,711,536.
    The odds of winning can also be reduced by increasing the group from which numbers are drawn. In the SuperEnalotto of Italy, players must match 6 numbers out of 90. The chance of winning the jackpot are 1 in 622,614,630.[11]
    Most lotteries give lesser prizes for matching just some of the winning numbers. The Mega Millions game gives a payout (US$2) if a player matches only the bonus ball. The weekly 6/49 lottery operated by the ILLF[citation needed] offers a two-ball cash prize, for which the odds is 1 in 6.63. In the UK National Lottery the smallest prize is £10 for matching three balls.
    Matching more numbers, the payout goes up. Although none of these additional prizes affect the chances of winning the jackpot, they do improve the odds of winning something and therefore add a little to the value of the ticket. On the other hand, multiple smaller prizes usually mean smaller jackpots. It is common for the jackpot to be split evenly if multiple players have tickets with all the winning numbers.
     
    #30     Sep 5, 2012