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Archive for September, 2011

MyFXBook Contest at GOMarkets

September 5th, 2011

I entered into the latest competition at MyFXBook, which started yesterday when the markets opened. I’m only going to trade it with some of my EAs and with acceptable risk (maximum 2% risked on each trade). I won’t stand a chance to win with those settings thou, the leader right now is up 60% in less than 12 hours running! Clearly this is a violation of the rules as it is stated that it is not permitted to take overeager risks. Hopefully the guys running crazy large lotsizes will take a few stoplosses andĀ completely loose their accounts.

I’m up 1.49% right now which makes me #191 in the total standing. I’m aiming for 15% over the whole month so so far so good :)

Here’s a link to my account:Ā http://www.myfxbook.com/members/someguy/contest-someguy/156600

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