Open trading account 
There's not a lot to review this week in my Trader Contest participation as I have started the week with less than 10K. I made few overleveraged attempts to recover but all ended with a margin call. In hindsight, however, if I'd have waited and traded post-BOC breakout, it would be quite possible to recover and even more. So the lesson here would be that even with that low equity you are better off to stand aside than wasting (demo) money and time on unplanned and/or low quality opportunities, especially if you are also competing for 6 and 12 month nominations.
I was doing way better in the Fundamental Analysis Contest this week, where I managed to win for the second time, after a good month of underperformance. As always, it was close and uncertain to the very end of the competition and at the last event (Michigan Consumer Sentiment) I was lucky in that the market focused on the inflation expectations and not on the headline number. I'd also like to thank Dukascopy and DFC members for support.
In the week ahead I will be focusing on Binary Contest and perhaps Dukat Contest, if there will be a particularly good opportunity.
Good luck and happy trading to all!
I was doing way better in the Fundamental Analysis Contest this week, where I managed to win for the second time, after a good month of underperformance. As always, it was close and uncertain to the very end of the competition and at the last event (Michigan Consumer Sentiment) I was lucky in that the market focused on the inflation expectations and not on the headline number. I'd also like to thank Dukascopy and DFC members for support.
In the week ahead I will be focusing on Binary Contest and perhaps Dukat Contest, if there will be a particularly good opportunity.
Good luck and happy trading to all!
