AfriKan's Blog

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Last Day of Competition

Keep pushing lechiffre! And hope llolor you can stay up there.
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AfriKan 11 Ott

What a quiet group of people!! Though one can almost feel the grinding, panting and squeaking frenzy in search of top positions. Well, good luck to you all in your silent endeavours!

lechiffre avatar

Hello friend, how are you? Hard to keep pushing with dj30..... Very nervous one

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Best of luck!

Good going lechiffre! Stay up there and best of luck.
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Hello afrikan, I try to stay high

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Good luck

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llolor 17 Nov

All the best

lechiffre avatar

I will receive my prize of last week, it will break my return... I will go out

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What a week!

That was a spectacular battle at the top this week! Bravo!!
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Nice battle this week... I stay out.... No level for fight with us

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AfriKan 3 Ott

Lets see in the coming week my friend!

DEMO2Vpxsk avatar

Хорошая борьба! Отличные результаты! Ещё бы суммы призовых увеличили!

Hoshigakiii avatar

Yeah, I felt breath on my back all the time. Very intense! ;)

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Off We Go!

And off we go!
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AfriKan 14 Set

Thank you lechiffre! And better luck to you this week friend

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dificult week..............

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All in on the last trade on GBPUSD.......crazy red candle !!!!
Afrikan, where are you? come back friend

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AfriKan 18 Set

Lechiffre, I fell off the train! No hope of a comeback this week. But you keep pushing. Best of luck!

lechiffre avatar

Hi afrikan, I haven't time to trade with my job... I hope to stay high h'this evening... Good luck for next start on Monday

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Congrats Dukascopy

Congratulations are in order to the Dukascopy Live Trader Contest team for publishing the results of last week's competition on Monday 7 September. I think this is the first time this has happened in my 10years with Dukascopy. So thanks Dukascopy for that and the work that went into ensuring that the results could be published this fast. This is how as it should be. Looking forward to more improvements.
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hello afrikan, you are right.....congratulation to support team for this job ant this contest, it's funy to run on it

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Illya 10 Set

My Congrats man!

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Hats Off!

As we begin another contest week, I take my hat off to those who are constantly in the rankings! This means they have largely figured out how to trade most market conditions on the instruments they trade, using their style of trading. THAT is no mean feat, and is to be applauded. I look forward, however, to a time when one contestant can be Number 1 four weeks in a row. To see that would, for me, be a great spectacle that would remind me of no other!!
As we say where I come from, it is not by wa…
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CD1V1 26 Ago

@nung Commissions from volume is how Dukascopy also makes money from the contest. At the end of the day, if you look at it carefully, we are all contributing to the prize money. :) It is a good arrangement, everybody wins.

lechiffre avatar

Or a mix..... Minimum equity, minimum volume to be on ranking, and more prizes

HansKloss avatar

stop dreaming, start praying so that Dukascopy won`t terminate the last trading contest:)

TRENDMASTER avatar

Dukascopy will resume the good days of monthly demo trader contests and make the smart community great again , moreover the live contest and rules are ok and should be maintained........... :) congrat to contestants winning consistently

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Gereltod 28 Ago

hanslkloss this contest won't be terminated as it seems to be covering its cost by commissions, in a way its self-sustaining. But that is only my assumption. if more contestants participate, prize pool may increase. Its good motivation for traders and more clients for broker (so this contest is win win situation for both party.)

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Robot or not?

VitoFX22... are you a Robot?
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lechiffre avatar

Hello, I think that too

rashadali avatar

avergae position 1224474 )))

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Need to take into account contest starting amount?

I find this contest exciting and engaging but it seems to me that the amount one starts the contest with at the beginning of the week needs to be factored into the calculation of the profitability percentage. Here is what I have observed. The smaller the amount one starts the contest with, the better their chances of winning by a greater percentage. In other words, one who starts the contest on $1 has a better and quicker chance of getting to 100% by just adding another $1 to the starting amount…
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kutlu 13 Gen

Technically, with any size of starting deposit you need to perform the same trading to double the account. Whether you start with  $1 or $1000's. Let's say you trade EUR/USD with the maximum lot size possible. (Assuming leverage is 1/100) You need to make at least 230 pips to double the account with a single trade.

luki432 avatar
luki432 13 Gen

I think the minimum deposit of at least 1st reward is a good idea. That would eliminate "all or nothing" attempts which have nothing to do with real trading and consistent profitability.

sos avatar
sos 15 Gen

If your account hits below 20 USD all positions are closed and your account blocked. So you need more than 20 USD in your account.  To be able to trade and keep your positions open during time you will always need at least more than 30 USD as deposit. It's not easy to survive and make money with smaller account. Doubling account and keep your chances going even when you lost your a couple trade is easier with greater account. It's all your choice, rules are simple and FAIR.

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rokasltu 16 Gen

As I see from discussion in my opinion main idea of  this discussion is how to minimize "gambling" trading style when participating in the contest. I think the best way is to include requirement for drawdown (such requirement was used in Signal Provider contest), e.g. 25% (as was suggested by WallStreetBlog) and calculate drawdown on hourly basis.

astropata2 avatar

Important thing is to obtain biggest possible profit with lowest possible 'traded volume". Why? Less you invest the less risk you involve. But it is very easy to get Traded volume points. One can do few times sell and buy operation for the same currency (USDJPY is the best because it has the lowest commissions) and he/she has it.... 

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