Alpari FX Contest – I’m out.

The Contest had ended. I am out of the league table; that means the overall equity had fallen below $100K. One mistake I have learnt. Running 2 EAs in the same account. I usually don’t run more than 1 EA in an account, be it live or demo. In this case, I was trying to increase trading opportunities as this contest is over a short period. The first EA is rather idle and I thought the second EA will the gaps.

I forgot to include magic numbers in the closing routine and the two EAs messed each other up; and one EA traded higher lots when there are previous losses and so cumulate up more losses.

Alpari FX Contest – I am in!

Alpari has introduced some fun to us by offering FX contest using demo $ – which means another no risk competition. It started on 7 November 2010 at 23:00 GMT (Sunday) and will end on 10 December 2010 at 22:00 GMT (Friday). The tricky part here is the leverage – only 1:10. Trading large lot sizes will be risky because of the required margin.

I am in as well with the same id as ATC2010. I am using a channel breakout based EA. Profit/Loss is now at +0.2874 using small lot sizes at 0.1 and have increased to 0.3 a few days ago.