I realized today that I never announced the winners of the "no-prize" trading contest that concluded at the end of January.  16 traders participated, 7 were profitable, 9 were not.  The total return for all profitable traders was 70.28% compared to a total loss of 255.85% for the 9 losing traders.  Before I announce the top 5 traders, let me define two terms that will be used in the recap and in the trading results on Oanda's contest page:

Maximum Drawdown: The maximum drawdown of the contestant. The period over which the drawdown is calculated is delimited by the times when contest statistics are computed.

Sharpe ratio: This is often regarded as a measure of risk to reward and attempts to quantify how much risk a user assumes to make their gains. This is measured as the ratio of the average interest free return as compared to the standard deviation of the interest free return. Return periods are delimited by the times when contest statistics are computed.

1. Elskid had a return of 23.74% with a very respectable maximum drawdown of -1.60%.  
2. Davor Babic was close behind the #1 with a return of 21.20% but with a higher maximum drawdown than any other profitable trader at -10.18%.
3. RotcaX had a return of 11.80% and a low maximum drawdown of -1.63%.
4. Forex Project (me) had a return of 6.86% with a maximum drawdown of -4.00%.
5. Uri had a return of 5.37% with a maximum drawdown of -6.16%.   

Congratulations to the winners.  Sorry there were no prizes to make it a little more eventful...