TradeProfits

King of Micro Trading Contest – FXCM

Posted on 27. Jul, 2010 by Jakob.

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Every single month FXCM Micro is hosting a contest named King of Micro Trading where you will be able to show your skills as a true forex trader. At least that is probably what they want it to look like, but when we take a closer look on the returns made in recent months from the winners, it is obviously more of a contest in gambling than actual trading, or to put it in more diplomatic terms, a strong motivator for extreme use of leverage and over trading. The winner of the King of Micro Trading contest in last month (June) had a return of 833% , and back in May the winner returned 3100%! Needless to say that this is a holy grail for FXCM. However if you are looking to win the contest you should probably forget everything you ever learned about money management and simply go crazy. When that is said, you now have the possibility to join the King of Micro Trading contest for August. The rules are rather simple; you need to have a real micro account with a minimum balance of $500 at the beginning of the month and then trade the best you know for the entire month. Read more about the rules here. Obviously you will be paid a fair return for your effort if you join the top three traders: 1st place: $25,000, 2st place: $10,000 and 3st place: $5,000. Good luck!

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Win a Forex Mastermind Mentoring Course from Henry Liu

Posted on 22. Jun, 2010 by Jakob.

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Henry Liu, the author of Newsprofiteer and now also the creator of the Forex Mastermind Mentoring Homestudy Course is giving you a chance to win a free copy of this course which normally is sold at a price of $2897.00. Henry is one trader who I truly admire, and he is definitely more conservative on his marketing approach compare to all the others in this industry who constantly pushes new services or products. In addition to this, your odds of winning here are rather good, and you don’t even have to buy anything. A total of 15 Forex Mastermind Mentoring Homestudy Courses will be given away, and so far two winners have been announced. There is basically two ways in which you can participate in this contest. Read more... (535 words, estimated 2:08 mins reading time)

This is a preview of Win a Forex Mastermind Mentoring Course from Henry Liu. Read the full post (535 words, estimated 2:08 mins reading time)

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MyFxBook – Contest Registration and Expert Advisor Review Section

Posted on 25. Apr, 2010 by Jakob.

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Some days ago I wrote about MyFxBook and their new contest section (read it here). A total of $3,500 in prizes will be given out in the first contest and it is free to participate. You only need to have a demo account with FXDD. You only have 7 days left to sign up, so go ahead and join in here. In addition to the new contest section, MyFxBook has also added a new Expert Advisor review section. This is brand new so there are still no reviews but the section itself is very neat! I really like the layout of the site, and the way you can cast your vote. Check it out and drop the first vote.

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Win $3,500 with MyFxBoook

Posted on 19. Apr, 2010 by Jakob.

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MyFxBook is constantly updating their site with new features. They have had a “coming soon” contest section for some time, and now it is finally live. The first contest starts at 05/05/2010, 07:00 EST and ends at 06/05/2010, 07:00 EST, and you need to register two days before the contest starts. There is a total of $3,500 in prizes; $2,000 for the first place, $1,000 for the second place and $500 for the third place. As the contest is sponsored by FXDD you need to open a demo account with FXDD and connect it to MyFxBook. That’s pretty much it. The contest is free of charge, the only thing you need to do is get a demo account with FXDD, sign up for the contest here, connect your FXDD demo account with MyFxBook and start trading. Good luck everyone.

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Contest over at Forex Peace Army

Posted on 29. Jun, 2009 by Jakob.

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Forex Peace Army is currently running a contest with a first prize of $1000, second prize of $500, third prize of $100 and so on. All you have to do is estimate the price of the EUR/USD and the GBP/USD on a specific day some weeks from now. It is free so why no join in and throw a suggestion. Go here to read more about it.

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