Trading With LMI

Liberty Market Investment said:
Yes for sure Ilmarinen there will be!
We usually do contests longer than a day. But sometimes people get tired on long distances, so this time it was a few sprints instead.

We will anounce our next Contest soon, so stay in tune!
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That's great!
We are looking forward to the new contest.
 
We'll have 3 Traders contests to celebrate our birthday very soon! please follow the Events section and this thread/
Ilmarinen said:
@Liberty Market Investment, hi.

Will there be discounts on selections this year, in honor of your birthday?
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So we are in the middle of our Contest week!
The first Contest of the week is over and here are the results;
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If you still haven't taken part in our contest, don't miss the opportunituy to register in the 3rd Contest (June 26th). The registration will be open on June 26 at 00:00 UTC (June 25 at 07:00 p.m. Chicago time) and will continue until 07:59 UTC (02:59 a.m. Chicago time). An email with a link to the beginning of registration will be automatically sent on June 26 at 00:00 UTC (June 25 at 07:00 p.m. Chicago time; 02:00 CEST).

Use the link below while registration is open (8 hours before each Contest starts) to participate.

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Hey guys,
We are in the middle of our Trading Contest tonight. I'd like to highlight some of the traders' qualities that actiually allowed our leaders to pesevere in the fast-changing markets.

So for those who chose to trade indicies, the week didn't start easy. Wat to do, huh? There are only a few days to trades, so you have to take every opportunity to get ahead of others.
Let's see how the trader u3702204 did that on Monday.

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Obviously, a ranging day on the open with the 50% chance of a breeakout to the either side (1). Clearly our trader is short-biased, so he's trying to find the best spot to take a short trade (2). The reward pays the risk, but, let me tell you something. Do you see that big red short from the top of the range that actually brought the trader most of their $1500 in profits? That would never have happened, had the trader not cut his losses.

Look at the first short of his day. Look at the long he took then. Very strict on his stops. And I insist, that's what allows you to make your profits flow, as they say.

After a successful short, he was trying to build upon success, without noticing that the market came back into the Globex range. That's why his next two trades were unsuccessful (3).
Still a great result, congrats!

So this trader is now our indicies leader. Things can change any time, so hold tight u3702204 !
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P.S. Just reminding again to all our traders. Be careful with the volatile markets, always use a stop loss and try to let your profitable trades grow as much as you can.

Good luck all!

Viacheslav,
LMI Project Manager.
 
Which things do you mean sir?
 
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