Even at 1:1 risk/reward though, the odds are against you. Producing a positive expected value is going to be impossible for 90% of traders. This is a zero sum game.
Maybe I'm an elitist though -- the very act of me trading at Oanda is signaling I think I can forecast price before others.
It hardly matters what they're looking for -- the terms say that everything's remote and it's guaranteed salary. So, if you pass, it's just free money for however many months.
I'm thinking about doing the 1000 GBP one. But based on what people are saying maybe I'll start at the 100 GBP. That's like a big night out so not too much lost.
The pros:
If I tried to compound my returns in my Oanda account, I would never let it get to 100K from 1000. I would definitely...
from the FAQ:
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How long do I have to complete the Challenge?
As much time as you like, although all trades open over the weekend are "closed" for you.
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Hi guys,
Ok, scenario:
You're an FX day trader. And you're profitable or whatever. One day some dude approaches you, maybe on like, I don't know, twitter. And this guy says, "Hey, I will pay you $100 USD a month for a year for you to send me your trade data (just what order executes...