IN THE ORDER WINDOW it says 'blocked:$1000'
what does that mean
what does that mean
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Public Trading Contest With LMI - get funded!
- Thread starter Liberty Market Investment
- Start date
does this mean there will be other contests like this one?
contests like this one are a win - win for both of us.
you get to find good traders and we get to show our skills without paying anything.
I hope you continue
you get to find good traders and we get to show our skills without paying anything.
I hope you continue
LMI constantly holds such tournaments
and they come in different durations (one-day, two-hour)
Liberty Market Investment
Sponsor
Sorry, I didn't mean to offend anyone by wishing better luck next time. This is what I literally meant - "if there is another Traders' Contest to come, we hope you can do better there!"
I know you might be coming from a culture where this pharse could mean something different, but in my world it means just what it says
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thanks
I should watch this space
I asked a few questions but no answer
what does this mean
blocked $1000.
if you want to charge for answering questions then it should be mentioned up front
what does this mean
blocked $1000.
if you want to charge for answering questions then it should be mentioned up front
block
blocked $1000 mean that you have place 2 limit orders (each one 500 margin) and the LMI or VOLFIX have blocked this margin.
Liberty Market Investment
Sponsor
Hi,
this $1000 only means the amount of margin currently used for your open position. It doesn't affect anything because we have a max position size and a scaling plan in place, so don't worry.
Liberty Market Investment
Sponsor
Day 2. Trend and Counter-Trend
As we all know, trend is your friend. However, it's often difficult to catch it at the very beginning and so many traders try and play counter-triend "while the prices are still good". In the rare reversal days that works, but in most cases the stop losses of counter-trend players are hit one by one, feeding the trend to continue.
Here's an example of 2 traders who were guessing which direction ES was to take yesterday. One took a long tade and held it for the most of the day, exiting close to that day's high. Another trader was taking his chances to catch a reversal.
Let's see how it worked.
It could be a matter of co-incidence, but trader 1 (nickname: goodscalper) is currently the 2nd top trader of our contest, while trader 2 (nickname: handlar.trade) is only the 14th (out of 173 participants).
Here is the top traders of our Contest as of now.
Good luck to all of you! It's becoming really competitive!
As we all know, trend is your friend. However, it's often difficult to catch it at the very beginning and so many traders try and play counter-triend "while the prices are still good". In the rare reversal days that works, but in most cases the stop losses of counter-trend players are hit one by one, feeding the trend to continue.
Here's an example of 2 traders who were guessing which direction ES was to take yesterday. One took a long tade and held it for the most of the day, exiting close to that day's high. Another trader was taking his chances to catch a reversal.
Let's see how it worked.
It could be a matter of co-incidence, but trader 1 (nickname: goodscalper) is currently the 2nd top trader of our contest, while trader 2 (nickname: handlar.trade) is only the 14th (out of 173 participants).
Here is the top traders of our Contest as of now.
Good luck to all of you! It's becoming really competitive!