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Right off the bat, only 433 out of 705 are positive. This would be the more interesting statistics to me. How many traders can remain positive at the end of the contest?
Right off the bat, only 433 out of 705 are positive. This would be the more interesting statistics to me. How many traders can remain positive at the end of the contest?
Very few.. =)
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Reporting the First Days of the Championship (1-3 October)
On the website of the Automated Trading Championship 2008, an article Reporting the First Days of the Championship (1-3 October) has been published. Only three days have passed since the Championship started. However the start of the competition was dramatic. Absolutely different Expert Advisors take the lead, but none of them managed to hold out on the leading position.
The article was published on the website of Automated Trading Championship 2008 in the News section.
Sponsors of the Automated Trading Championship 2008 are FXCM (Forex Capital Markets LLC), Interbank FX LLC (IBFX), FXDD and the TRADERS’ magazine. The organizer of the Championship is MetaQuotes Software Corp.
On the website of the Automated Trading Championship 2008, an article Jury Session: First Disqualifications has been published. Several days have passed since the Automated Trading Championship 2008 started. Not all Expert Advisors worked without errors. We called a meeting of Jury members to decide on the disqualification of several Participants. 11 Expert Advisors have fallen out of the race.
The article was published on the website of Automated Trading Championship 2008 in the News section.
Sponsors of the Automated Trading Championship 2008 are FXCM (Forex Capital Markets LLC), Interbank FX LLC (IBFX), FXDD and the TRADERS’ magazine. The organizer of the Championship is MetaQuotes Software Corp.
Right off the bat, only 433 out of 705 are positive. This would be the more interesting statistics to me. How many traders can remain positive at the end of the contest?
if we consider the myth that 90% of the traders lose their money, I would say the competition results have this myth busted, many traders /programmers are showing nice results
I guess one of the reasons is the destruction of the swap rates hence the carry traders, I would say that forex is now a fair game , its anyone game