interbankfx competition
I felt sorry when I saw my results on IBFX competition, The reason I felt sorry is that I only made 6 testing trades and I was surprised by the results, I am advancing in the competition not because I am good (which I am) but because other guys are losing their money, my rank was 283 at the start and now I am 67 and this is my mini testing account, i am not even trading that acount I use it for test only ( yes I test only live )
I might end up in the top 10 if I don’t lose money at all,and I feel sad for that, cause that means most of you guys have no idea about trading, I am not here to brag cause there is nothing to brag about, I am here to send a message to most of you guys to learn read and trade less, and if you lose money that means your next lot size should be lower not higher , for God sake guys understand money management , trading without memory management is gambling
look in the results you will find one trader who was in the top 10 last month he is now in the last 10 and lost all his account , its all about memoy management
Wish you all luck and success
MiniMe
__________________
“Risk comes from not knowing what you're doing”
“Be fearful when others are greedy and greedy when others are fearful” Warren Buffett
Last edited by MiniMe; 10-16-2007 at 11:15 PM.
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