contests like this one are a win - win for both of us. you get to find good traders and we get to show our skills without paying anything. I hope you continue
Sorry, I didn't mean to offend anyone by wishing better luck next time. This is what I literally meant - "if there is another Traders' Contest to come, we hope you can do better there!" I know you might be coming from a culture where this pharse could mean something different, but in my world it means just what it says
I asked a few questions but no answer what does this mean blocked $1000. if you want to charge for answering questions then it should be mentioned up front
block blocked $1000 mean that you have place 2 limit orders (each one 500 margin) and the LMI or VOLFIX have blocked this margin.
Hi, this $1000 only means the amount of margin currently used for your open position. It doesn't affect anything because we have a max position size and a scaling plan in place, so don't worry.
Day 2. Trend and Counter-Trend As we all know, trend is your friend. However, it's often difficult to catch it at the very beginning and so many traders try and play counter-triend "while the prices are still good". In the rare reversal days that works, but in most cases the stop losses of counter-trend players are hit one by one, feeding the trend to continue. Here's an example of 2 traders who were guessing which direction ES was to take yesterday. One took a long tade and held it for the most of the day, exiting close to that day's high. Another trader was taking his chances to catch a reversal. Let's see how it worked. It could be a matter of co-incidence, but trader 1 (nickname: goodscalper) is currently the 2nd top trader of our contest, while trader 2 (nickname: handlar.trade) is only the 14th (out of 173 participants). Here is the top traders of our Contest as of now. Good luck to all of you! It's becoming really competitive!