Trade2Win's 10 Year Anniversary - Day 5 (Anatomy of a Trade)

elitejets

Established member
943 435
Wow, thanks :)
Dionysus Toast posted a great trade and was very tough competition. Shame there weren't two.
 

bedsit

Experienced member
1,794 165
Congratulations to the winner:cheers: - wishing you many happy hours with the kindle.

Commiserations to the loser:( Do not despair - there will be another competition in 10 years time - T2W 20 year anniversary.(y)
 
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megamuel

Experienced member
1,098 164
Well done Nic! I voted for DT - nothing personal its just his trades were something different to what I have seen before. I am more familiar with your style of trading, just not quite as good! Bad luck DT but very good effort.
 

timsk

Legendary member
7,599 2,374
Commiserations to the looser:( Do not despair - there will be another competition in 10 years time - T2W 20 year anniversary.(y)
Indeed, despair not.
If there's genuine interest from the members, it might not be necessary to wait that long. Personally, I think it would be great to have a comp' on a regular basis - say monthly - as do some of the Mods. Sharky is aware of our views but, the views that carry the most weight - are yours! (I don't mean you personally bedsit - but the views of the wider membership.) So, if y'all would like to see a regular comp', you need to say so. Loudly! Additionally, it would be good if you suggested some rules and how it could / should be run etc. Perhaps someone might care to start a new thread in the Feedback forum . . .
:whistling
Tim.
 

bedsit

Experienced member
1,794 165
Indeed, despair not.
If there's genuine interest from the members, it might not be necessary to wait that long. Personally, I think it would be great to have a comp' on a regular basis - say monthly - as do some of the Mods. Sharky is aware of our views but, the views that carry the most weight - are yours! (I don't mean you personally bedsit - but the views of the wider membership.) So, if y'all would like to see a regular comp', you need to say so. Loudly! Additionally, it would be good if you suggested some rules and how it could / should be run etc. Perhaps someone might care to start a new thread in the Feedback forum . . .
:whistling
Tim.

Great idea Timsk(y)

Why not organize regular competitions with nice examples of different methods. Personally I prefer live trades (or set ups in advance) as opposed to hindsight trading.

PS At first I misunderstood - thinking about my views only being important. Thank you for that short 'self-importance feel good' moment.:LOL:
 

elitejets

Established member
943 435
A regular competition would be a great idea.
Perhaps some vendors would sponsor

Previous winner would be ineligible for next months prize
New members who join after competition starts are ineligible to vote.
ISP filter checks for multi-nics

I like Bedsits advance trading plan idea but bear in mind many day traders sit down with no idea of what they will trade or direction until they see what is moving so would exclude very short term traders
 

tar

Legendary member
10,443 1,313
I disagree , votes will be biased , on friendship .... etc , i think there should be another rules , y not normal contest , who makes more money wins , and it is played on a demo account - no reset button :) . But if there is monthly prizes what will Sharky gain from this ?
 

bedsit

Experienced member
1,794 165
There is one thread - 'Forex live calls and set ups' where there are some members who post their trades as they happen - quite exciting and could be done apart from scalping trades.

If organised properly competitions would attract more visitors which is always good.
More visitors = more revenue from advertising
 

tar

Legendary member
10,443 1,313
let some of the brokers sponsor the contest , we will use their demo platform and they will pay the prize ....
 

oiltanker

Established member
955 89
t2w will get page views which is good for advertisers? also promotion, new sign ups, word of mouth etc

one trade is proof of nothing.

in this game the only success is money. so an objective compo would be based on pts won in a week or whatnot on a demo. to keep everyone interested there should also be a small prize for anyone who gets to 150pts, 200pt, 250pts etc a week on 1 market with top prize for top pipster. people could choose any market as long it had the sameish weekly atr [say within 70pts of a benchmark].

also there could a be £5 entry fee which can be returned when they have got 100pts. [to encourage people to continue to 100pts]
 
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tar

Legendary member
10,443 1,313
Ok traffic for the website i know , but small prizes will not bring traffic ...
 

tar

Legendary member
10,443 1,313
t2w will get page views which is good for advertisers? also promotion, new sign ups, word of mouth etc

one trade is proof of nothing.

in this game the only success is money. so an objective compo would be based on pts won in a week or whatnot on a demo. to keep everyone interested there should also be a small prize for anyone who gets to 150pts, 200pt, 250pts etc a week on 1 market with top prize for top pipster. people could choose any market as long it had the sameish weekly atr [say within 70pts of a benchmark].

agree with the points based performance , no over leverage , only points , i think T2w had something like this b4 years ...
 

oiltanker

Established member
955 89
Ok traffic for the website i know , but small prizes will not bring traffic ...

vanity plays a big part in compos. some people want [need?] to prove they are the best etc.:LOL:

the benchmark prizes are to give people small targets and have a sense of achievement and not give up. it could be a t shirt ["i got 150pts and all i got was this t shirt"]. so even if people don't win they can have something.

it doesn't mean the top prize is small. however i know people who used to run compos and people will do all sorts of things just for a cup with their name on it. the prize isn't always the motivator.
 

tar

Legendary member
10,443 1,313
vanity plays a big part in compos. some people want [need?] to prove they are the best etc.:LOL:

the benchmark prizes are to give people small targets and have a sense of achievement and not give up. it could be a t shirt ["i got 150pts and all i got was this t shirt"]. so even if people don't win they can have something.

it doesn't mean the top prize is small. however i know people who used to run compos and people will do all sorts of things just for a cup with their name on it. the prize isn't always the motivator.

yeah ofcourse it is good to win a contest even without a prize but definitely it will not bring traffic , only usual members will join ... Dukascopy is currently running a monthly contest with a 15k $ of prizes ...
 

oiltanker

Established member
955 89
yes. anyone getting 150pts plus a week has no need of a tshirt or compo. that is the dilemma.

so one does it as an in house community builder and for newbies and others to 'test' themselves openly? how much useful mileage there is in that is down to the owners who see the stats.
 
 
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