Cumulative Profit/Loss dynamics

Full Stats

Number of positions
Total number of positions opened and closed during the given statistical period
35
Number of winning positions
Number of winning positions
24
Number of losing positions
Number of losing positions
11
Average position size, USD
The average size of a position opened during the given statistical period, USD
31222.94
Average trade lifespan, hours
The average duration of all positions opened during the given statistical period. From opening to closure
2.3

Contest feed

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Off We Go!

And off we go!
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AfriKan avatar
AfriKan 14 Sep.

Thank you lechiffre! And better luck to you this week friend

lechiffre avatar
lechiffre 16 Sep.

dificult week..............

lechiffre avatar
lechiffre 17 Sep.

All in on the last trade on GBPUSD.......crazy red candle !!!!
Afrikan, where are you? come back friend

AfriKan avatar
AfriKan 18 Sep.

Lechiffre, I fell off the train! No hope of a comeback this week. But you keep pushing. Best of luck!

lechiffre avatar
lechiffre 18 Sep.

Hi afrikan, I haven't time to trade with my job... I hope to stay high h'this evening... Good luck for next start on Monday

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Congrats Dukascopy

Congratulations are in order to the Dukascopy Live Trader Contest team for publishing the results of last week's competition on Monday 7 September. I think this is the first time this has happened in my 10years with Dukascopy. So thanks Dukascopy for that and the work that went into ensuring that the results could be published this fast. This is how as it should be. Looking forward to more improvements.
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lechiffre avatar

hello afrikan, you are right.....congratulation to support team for this job ant this contest, it's funy to run on it

Illya avatar
Illya 10 Sep.

My Congrats man!

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Hats Off!

As we begin another contest week, I take my hat off to those who are constantly in the rankings! This means they have largely figured out how to trade most market conditions on the instruments they trade, using their style of trading. THAT is no mean feat, and is to be applauded. I look forward, however, to a time when one contestant can be Number 1 four weeks in a row. To see that would, for me, be a great spectacle that would remind me of no other!!
As we say where I come from, it is not by wa…
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CD1V1 avatar
CD1V1 26 Aug.

@nung Commissions from volume is how Dukascopy also makes money from the contest. At the end of the day, if you look at it carefully, we are all contributing to the prize money. :) It is a good arrangement, everybody wins.

lechiffre avatar
lechiffre 27 Aug.

Or a mix..... Minimum equity, minimum volume to be on ranking, and more prizes

HansKloss avatar
HansKloss 27 Aug.

stop dreaming, start praying so that Dukascopy won`t terminate the last trading contest:)

TRENDMASTER avatar

Dukascopy will resume the good days of monthly demo trader contests and make the smart community great again , moreover the live contest and rules are ok and should be maintained........... :) congrat to contestants winning consistently

Gereltod avatar
Gereltod 28 Aug.

hanslkloss this contest won't be terminated as it seems to be covering its cost by commissions, in a way its self-sustaining. But that is only my assumption. if more contestants participate, prize pool may increase. Its good motivation for traders and more clients for broker (so this contest is win win situation for both party.)

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Robot or not?

VitoFX22... are you a Robot?
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lechiffre avatar
lechiffre 13 July

Hello, I think that too

rashadali avatar
rashadali 17 July

avergae position 1224474 )))

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Need to take into account contest starting amount?

I find this contest exciting and engaging but it seems to me that the amount one starts the contest with at the beginning of the week needs to be factored into the calculation of the profitability percentage. Here is what I have observed. The smaller the amount one starts the contest with, the better their chances of winning by a greater percentage. In other words, one who starts the contest on $1 has a better and quicker chance of getting to 100% by just adding another $1 to the starting amount…
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kutlu avatar
kutlu 13 Jan.

Technically, with any size of starting deposit you need to perform the same trading to double the account. Whether you start with  $1 or $1000's. Let's say you trade EUR/USD with the maximum lot size possible. (Assuming leverage is 1/100) You need to make at least 230 pips to double the account with a single trade.

luki432 avatar
luki432 13 Jan.

I think the minimum deposit of at least 1st reward is a good idea. That would eliminate "all or nothing" attempts which have nothing to do with real trading and consistent profitability.

sos avatar
sos 15 Jan.

If your account hits below 20 USD all positions are closed and your account blocked. So you need more than 20 USD in your account.  To be able to trade and keep your positions open during time you will always need at least more than 30 USD as deposit. It's not easy to survive and make money with smaller account. Doubling account and keep your chances going even when you lost your a couple trade is easier with greater account. It's all your choice, rules are simple and FAIR.

rokasltu avatar
rokasltu 16 Jan.

As I see from discussion in my opinion main idea of  this discussion is how to minimize "gambling" trading style when participating in the contest. I think the best way is to include requirement for drawdown (such requirement was used in Signal Provider contest), e.g. 25% (as was suggested by WallStreetBlog) and calculate drawdown on hourly basis.

astropata2 avatar

Important thing is to obtain biggest possible profit with lowest possible 'traded volume". Why? Less you invest the less risk you involve. But it is very easy to get Traded volume points. One can do few times sell and buy operation for the same currency (USDJPY is the best because it has the lowest commissions) and he/she has it.... 

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