T2W Forex Contest - Mar 2012 - Win iPads & iPods!

[T2W Bot]

This month we're very grateful to Alpari for sponsoring our biggest prize pool yet! Not just one, but three chances to win...

1st Prize: iPad 2 (16GB Wi-fi model)
2nd Prize: iPod Touch (8GB model)
3rd Prize: iPod Nano (8GB model)

How to enter

Entry is free and takes just a couple of minutes. First, sign up on ForexDesk, using the invitation code "T2WCOMP" and your T2W username. Once you're activated your account, log in and create a new practice account using the default settings. You can call it whatever you like but you must add "#T2W-MAR12" to the name, to enter the new contest. Then make at least one trade during the duration of the competition to qualify for the prize.

More detailed instructions on the Contest information page.

Rules

- Contest started on Thursday 8th March 2012 17:00 UTC
- Contest finishes on Friday 30th March 2012 23:00 UTC
- Enter any time before the contest finishes.
- The winner will be judged by their P&L for the duration of the contest.
- Accounts must remain public (not private) for the duration of the contest.
- Mirroring of trades to retain first position lead is disallowed and may result in disqualification.
- To qualify for the prize contestants must open at least one position.
- Only entry per person

Prizes

- Top Trader (Highest P&L)

The prize for this contest is a 1st Prize: iPad 2 (16GB Wi-fi model), 2nd Prize: iPod Touch (8GB model), 3rd Prize: iPod Nano (8GB model).

Remember to add "#T2W-MAR12" to the account name.

Good Trading all!

 

[Lord Flasheart]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

Does this mean everyones starts at zero from 5pm,there are plenty that have traded already traded. Nice prizes again.What happened about last months prizes. I hope Ive been promoted up the order for what went on.

 

[Trader333]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

The competition does start at 5pm as you have stated and you are correct in that you finished 2nd so well done. I will soon be in contact with you and others for details of where to send prizes.


Paul

 

[Lord Flasheart]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

The competition does start at 5pm as you have stated and you are correct in that you finished 2nd so well done. I will soon be in contact with you and others for details of where to send prizes.


Paul

Looking at whos been made winner Paul, did you have his trades checked, he copied my aussie trades to protect his position on the last day. Thanks

 

[Ross Spur]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

The competition does start at 5pm as you have stated and you are correct in that you finished 2nd so well done. I will soon be in contact with you and others for details of where to send prizes.


Paul

Errm, doesn't a monthly competition normally start at the beginning of the month? You're not telling me I've wasted a week of my meaningless life slaving over a hot chart for nothing!

 

[Lord Flasheart]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

Errm, doesn't a monthly competition normally start at the beginning of the month? You're not telling me I've wasted a week of my meaningless life slaving over a hot chart for nothing!

your 10k adrift,you should be happy

 

[Trader333]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

The competition should have started earlier and we had a few issues which have now been resolved so apologies that it was later than we would have liked.


Paul

 

[counter_violent]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

The competition should have started earlier and we had a few issues which have now been resolved so apologies that it was later than we would have liked.


Paul

So if the comp started later than normal. How come everyone who had already started was not reset?

 

[Trader333]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

Yes good point, I need to get some technical information and come back with the best way forward.


Paul

 

[Lord Flasheart]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

Yes good point, I need to get some technical information and come back with the best way forward.


Paul

Paul did you check what I asked about the comp last month.i believe the winner took a position to protect his lead on the lat day. Thanks

 

[Trader333]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

I am not really in a position to make judgments of that nature and going down this route could lead to all sorts of accusations at any stage in the competition which is not how we wish things to progress. I may ask someone else to look into this.


Paul

 

[evernever]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

hi,I can't creat new practice account after I login into Forexdesk.
It shows :''The change you wanted was rejected''
Anybody can help me? thanks

 

[Lightning McQueen]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

I am not really in a position to make judgments of that nature and going down this route could lead to all sorts of accusations at any stage in the competition which is not how we wish things to progress. I may ask someone else to look into this.


Paul

paul, how can you say this when the rules are clearly stated in the rules posting of every new comp. i realise it could be a bit tricky to enforce, but only the 1st place guy needs to be checked, so not overly much effort surely?. the rules are there because everyone can see everyone elses positions etc. it a fair rule.

Mirroring of trades to retain first position lead is disallowed and may result in disqualification.

 

[Lord Flasheart]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

paul, how can you say this when the rules are clearly stated in the rules posting of every new comp. i realise it could be a bit tricky to enforce, but only the 1st place guy needs to be checked, so not overly much effort surely?. the rules are there because everyone can see everyone elses positions etc. it a fair rule.

And the 2nd place as he may try and hold off the 3rd place in the last few days. what is happening about this months contest.Surely there has to now be a zero time when we all start again.monday am would be good

 

[Lightning McQueen]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

And the 2nd place as he may try and hold off the 3rd place in the last few days. what is happening about this months contest.Surely there has to now be a zero time when we all start again.monday am would be good

yes for sure, forgot about the new placings :cheesy:

 

[Trader333]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

LM / LF,

Yes I agree with your points and all I was saying is that it may not be me that does the checking. The whole contest is an iterative process in that we are learning as we go along and trying to adapt to what is best. I will be starting a thread asking members for suggestions on how it can be improved soon. We have had a few already such as not having USD as the main pair for all currencies but I expect there are other good ideas out there.

As we have always started on the Sunday, then maybe we should set last Sunday at the start date as people have commented on those who have already placed trades.


Paul

 

[counter_violent]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

Well at the moment i'm holding off doing anything because I don't know whats happening. Hopefully this can be resolved asap...time is money etc etc .

 

[Lord Flasheart]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

surely this sunday would be better,or zero trades taken before announced start time.the comp with recent prizes could be a strong selling point and i feel need the attention it deserves.Im happy to participate with decent prizes and im sure otheres will join in.Maybe a flat stake or 1 or a max of 2 lots will enhance its performance and stop people averaging and chasing etc

 

[counter_violent]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

​

surely this sunday would be better,or zero trades taken before announced start time.the comp with recent prizes could be a strong selling point and i feel need the attention it deserves.Im happy to participate with decent prizes and im sure otheres will join in.Maybe a flat stake or 1 or a max of 2 lots will enhance its performance and stop people averaging and chasing etc

I really don't see the relevance of stake sizing limitations etc ...At the start of the comp we all have the same pot ...the idea is to grow it anyway we see fit and accept the consequences of over sizing or over trading etc, as the margin requirement will stop us out anyhow.

At least consideration has been given to the ALL USD crosses issue which if resolved would be the best single decision in terms of creating a level playing field for all and I expect participation would also increase.

 

[Lord Flasheart]

re: T2W Forex Contest - Mar 2012 - Win iPads & iPods!

​

I really don't see the relevance of stake sizing limitations etc ...At the start of the comp we all have the same pot ...the idea is to grow it anyway we see fit and accept the consequences of over sizing or over trading etc, as the margin requirement will stop us out anyhow.

At least consideration has been given to the ALL USD crosses issue which if resolved would be the best single decision in terms of creating a level playing field for all and I expect participation would also increase.

point taken as we have a level playing field,but it would make it more of a trading comp if we had limited lots etc otherwise we are playing a game of not much to do with sensible trading. But if its the same for all then I have no real problem with it