One of the challenges I have in the contest is that I use too much leverage for my trade ideas. I am very often right but I get stopped out. Not using high leverage however makes it hard to compete with the traders that use the maximum size since the beginning. This month I decided to mirror my trades from my live account in the contest. Maybe that will help even though I will not use the same size.
One of the most important trades this month is going long AUDJPY which I plan to keep until the end of contest. A rally of 1000 pips is my goal and besides that it pays well in the swaps. It might not happen this month but if it does it will be nice. November will decide the direction for many pairs...it all depends on who wins the US elections.
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