April Trading Contest Winners
April 30, 2007 by Trader Rich
The 2 week April trading contest ended today and the winner, Dumb Luck, ended with a return of 34.82%. Dumb Luck's maximum drawdown during this period was -17.20% which if classified under the May trading contest rules would put him in the aggressive category. Nick also finished with a stellar return of 29.51% with a max drawdown of -17.99%. More impressive was RotcaX whose return was 21.29% but his max drawdown was only -4.20%.
If I were to use the rules for the the upcoming May contest, the following traders would have been the winners.
Best Aggressive Traders:
- Dumb Luck 34.82%
- Nick 29.51%
Best Conservative Traders:
- show me the money 6.79%
- Reno 3.37%
Best Money Managers:
- RotcaX 21.29%
- Milton 3.76%
- Netman 1.99%
Other Notables:
- Blackday 9.40%
- Qlaun 4.57%
- Frank Gamwell .51%
I know it's just a demo account but congratulations. I didn't do so well with a loss of -6.93% and a maximum drawdown of -4.40%.
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Are you guys in an open demo account competition ?
Yes - OANDA FX Demo accounts. This month it gets aggressive … there’s abook token up for grabs
Thought I try a ever so slightly different approach for May (at least for the early trades … a IFR Thompson Financial trade recommendation GBP/USD Buy break of 2.0060 SL 1.9975 - bugger it!)
NB* No1 in the Notables
Any of you trade CFDs? Heard US Americans can’t … still options-only time. Sweeter for the smart money.