Meetpips Traders Contest Feb 2012

Published on Sunday February 5th, 2012 at 12:55AM by Wilson

Here we go        (PILOT Month)  FEBUARY 2012

 

Remember this in the last blog

Post your best and worst trade in your own best and worst trade post

Here is were you can refresh your memory in making a journal of your trade.

http://www.babypips.com/school/why-keep-a-trade-journal.html

Here is how we will score journal trading.

Score best and worst trade journal 1-10 in the trade post that you are judging. Do this in the comment section.

Explain why it is a good, fair or a poor trade journal. Tell what can make it better.

We will rotate this list next weekend

All other updates for the contest will go here

http://www.meetpips.com/members/Wilson/blog/55737-meetpips-traders-contest

This blog will be used only for the month of Feb

  • 20 comments
  • Go to Wilson's profile

    On Sunday February 5th, 2012 at 01:16AM by Wilson -

    Please read  last comments to update activity

    http://www.meetpips.com/members/Wilson/blog/55737-meetpips-traders-contest

     

  • Go to Wilson's profile

    On Sunday February 5th, 2012 at 09:36AM by Wilson -

  • Go to Brad's profile

    On Thursday February 9th, 2012 at 02:34PM by Brad -

    Doesn't look like you have the right numbers for me.  My account lost .14% lately down to 7.46 percent from the starting 7.60 percent.  It never lost 6.74 percent.  My stats here on this site are not updating, so it is still saying 7.0 percent.  So, lately, I lost 0.60 percent.  And I made 0.46 percent.  Those are my real numbers.

  • Go to Wilson's profile

    On Friday February 10th, 2012 at 02:16AM by Wilson -

     will keep making this better. We are not even 2 weeks old

  • Go to Brad's profile

    On Friday February 10th, 2012 at 12:57PM by Brad -

    That's my high risk practice account that I am doing an experiment with trading it at the same time as my low risk account.  I am interested to see what the difference is over time.  On this account, I have had up to 15 percent at risk, so it is not an account that is sticking to the contest rules.  The other one doesn't have any gain lately.  That's the problem with mt4pips, is that it only shows the currently active account.  It is an interesting exercise to have more risk out there because it causes you to seek to pick your trades wisely, and stick to your system of entry.  Unfortunately, it might also break that account over time.  We should all probably trade low risk accounts similar to if we had high risk on the line.  In other words, we are trying to pick the best possible entries.  So, often, I feel like I get to where I feel as though I have some gain, and now it feels like no big deal to take a trade that I really shouldn't be taking, but oh well, I won't lose that much anyway.  

  • Go to Wilson's profile

    On Wednesday February 15th, 2012 at 11:57PM by Wilson -

    Contenders

  • Go to RazorX's profile

    On Saturday February 18th, 2012 at 08:24PM by RazorX -

    Hi guys

    Sorry I haven't been as active as I'd like... and sadly it's gonna get worse. I have 2 papers of study this trimester so there goes much of my free trading time. I am still going to try and trade, and make my journals here at meetpips, but if I miss occasionally please forgive me.

     

    Here is this weeks worst... there was no best lol. http://www.meetpips.com/members/RazorX/blog/56271-meetpips-contest-worst-of-week-2

  • Go to Wilson's profile

    On Saturday February 18th, 2012 at 11:28PM by Wilson -

    Me to. I cannot trade. Not enough time during trading hours.

     

  • Go to Wilson's profile

    On Sunday February 19th, 2012 at 12:12AM by Wilson -

    Two people have been disqualified this month.

    Wilson for not doing one trade this week.

    Brad for risking over 2% of his account on a trade.

    RazorX and beebolbod are the remaining two contenders.

    beebolbod 1.6% RazorX -0.4%

     

  • Go to Brad's profile

    On Sunday February 19th, 2012 at 01:40PM by Brad -

    For some reason, on my mt4pips, all you can see is this high risk practice account that I was experimenting with.  My other account has about 10 percent total gain at this point, but I can't get it to ever be seen in mt4pips anymore.  My stats on this site don't update either.  That account doesn't have too high of risk, I don't believe anyway.  I think it would be great if we could get a nice way to look at the stats realistically.  Not happening right now.  

  • Go to Brad's profile

    On Monday February 20th, 2012 at 08:25AM by Brad -

    I have been running that account along side my other account as sort of an experiment.  I want to see what it does over a period of time as compared to my regular account.  I would never trade with that level of risk on a real account.  It is interesting though how trading with that level of risk, even on demo, causes you to really more make sure that you feel as though you are really taking the right trades, the trades that run according to the rules you believe make up a good trade.  Anyway, have a good one guys. 

  • Go to RazorX's profile

    On Saturday February 25th, 2012 at 08:39PM by RazorX -

    Hers best and worst for Week4. In total I made 4 trades - 1 winner and 3 losses. Net 20 pip loss this week. http://www.meetpips.com/members/RazorX/journal/8/statistics?range=1w

    Best and Worst

    http://www.meetpips.com/members/RazorX/blog/56383-meetpips-contest-week-4-best-and-worst

  • Go to Wilson's profile

    On Saturday March 10th, 2012 at 10:22PM by Wilson -

     Razor and beebolbod are the only remaining contenders at the end of Feb and I would say that Razor X should win since he had very good blogs of his trades. I will not be running this contest anymore due to a lack of time.

     

  • Go to RazorX's profile

    On Monday March 12th, 2012 at 09:42PM by RazorX -

    Hi Wilson

    Thanks, sorry to hear that the contest is ending, but perhaps it is well. I was going to have to pull out of the March one due to time committments as well. I haven't even looked at the charts for two weeks which is probably reflected by my greatly reduced activity on meetpips.

    Best of luck Wilson, hopefully we will still see each other around meetpips.

     

    RazorX

  • Go to beebolbod's profile

    On Monday March 19th, 2012 at 01:14PM by beebolbod -

    And there's me on +21% ;-P

    I didn't have time to journal them all to be honest... a lot of my analysis goes in another site and i cant keep up with so many places.

    It's a bit of a shambles that so few people were prepared to play. Good effort to all those who tried. Time is hard to come by but there's daily/weekly TF to play with.

    i'll keep posting trades here anyway (mainly 'cos mt4pips is autopost).

  • Go to RazorX's profile

    On Monday March 19th, 2012 at 02:08PM by RazorX -

    This is point, this is point - maybe we can split it 50/50? You win for % gained, I win the journaling. :)

     

    You are doing very well with your trading beebolbod, congratulations and keep it up!

  • Go to Brad's profile

    On Monday March 19th, 2012 at 08:05PM by Brad -

    Too bad the contest didn't go all that well.  The settings on these sites seem to still have a lot of problems.  Nice job on your trading bbb.  Too bad we can't get this sort of thing going more.  A little friendly competition is something that could help to irmprove ones trading.  I don't trade as much as you bbb, but my percentage has been getting very high.  Still would like to see it if you can maintain 90 percent.  

  • Go to Brad's profile

    On Monday March 19th, 2012 at 08:06PM by Brad -

    I meant the statistics on these sites has a lot of problems.

  • Go to Brad's profile

    On Monday March 19th, 2012 at 08:09PM by Brad -

    The only account you can see on mt4pips is not my real main account.  And it won't change to show it.  I was experimenting with what would happen trading in a higher risk fashion compared to how I usually trade.  That account hasn't done too well.  But, sometimes it seems like I am living within some sort of rules and I am afraid to go outside them even on demo.  So, I don't really know through experience why I am following them.  

  • Go to beebolbod's profile

    On Thursday March 22nd, 2012 at 03:26AM by beebolbod -

    If i get time i mat start another account with fxpro and play it ultra cautious. I'm currently learning some new advanced concepts and when i experiment the profit drops a little so my hit rate is poor. I'm trying to iron out the bad habits and work on my patience with this account.

    I currently play the markets like Brazil play footy - score more goals than the market. It might be best to tighten my defence and score fewer goals ;-)

    Perhaps the challenge of achieving 90% success with another account may help me to tighten up my criteria.

    Who knows, it may change my trading completely!

Leave A Comment

Please sign in to comment.

  1. Login
  2. Sign Up

Our Sponsors

Other Posts By Wilson

New and Popular Posts