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Real Scalping , Monthly contest among demo-accounts
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IFX Katerine
post Jan 11 2010, 01:03 PM
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InstaForex Contests and Campaigns Administration informs that contest "Real Scalping InstaForex" is finished for 2009. Moreover, the rules of the tournament for 2010 were changed.

The following basic changes in the rules of the contest "Real Scalping" will be effective from the 1st of January 2010:

- the contest will be held among DEMO accounts;
- after the registration demo-accounts with the balance 20 000 USD will be opened for participants;
- the contest becomes monthly, the period of holding is from 00:00 the first day of every month to 23:59 of the last Friday of the month
- the prize fund doubles

InstaForex Company wishes all "Real Scalping InstaForex" contest participants a good luck in 2010.



Regards, official representative


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milky
post Jan 14 2010, 09:59 AM
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i m new i can know about forex i want learn how i can enter in contest plz told me i will thankfull to u madam if u wil teach me thanks have a good day
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IFX Katerine
post Jan 14 2010, 05:36 PM
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Hello.
Unfortunatelly, we do not provide educational services. But if you deposit 100 USD to your account, we will send you our special educational course.
To join the contest, you need to register at this page.



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bilo
post Jan 16 2010, 10:27 AM
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demo account will work for this contest plz requerment told me
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IFX Katerine
post Jan 18 2010, 02:52 PM
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QUOTE (bilo @ Jan 16 2010, 12:27 PM) *
demo account will work for this contest plz requerment told me

The contest is held among demo-accounts.



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al41
post Jan 21 2010, 12:55 PM
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QUOTE (IFX Katerine @ Jan 18 2010, 08:52 PM) *
The contest is held among demo-accounts.


Hi Katerine,

Does this sentence "The reason of disqualifying can be opening the big volume opposite orders" which is quoted from "Real Scalping" Terms and Conditions no. 2.7 mean that hedging is not allowed in the contest?
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maq
post Jan 21 2010, 01:31 PM
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Hi, Can I participate now? Or I need to wait the next contest on Feb 10?
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IFX Katerine
post Jan 21 2010, 04:17 PM
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QUOTE (al41 @ Jan 21 2010, 02:55 PM) *
Hi Katerine,

Does this sentence "The reason of disqualifying can be opening the big volume opposite orders" which is quoted from "Real Scalping" Terms and Conditions no. 2.7 mean that hedging is not allowed in the contest?

Hello. No, this term means, that if you register 2 accounts for participating in the contest and open opposite orders by the same currency pair and volume at these both accounts, it will be determined as "cheating" from your side. But hedging withing one contest account is allowed.



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IFX Katerine
post Jan 21 2010, 04:18 PM
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QUOTE (maq @ Jan 21 2010, 03:31 PM) *
Hi, Can I participate now? Or I need to wait the next contest on Feb 10?

Hello maq.
The first contest in this year will start on February 1. No contest is held right now.



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al41
post Jan 21 2010, 07:49 PM
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QUOTE (IFX Katerine @ Jan 21 2010, 10:17 PM) *
Hello. No, this term means, that if you register 2 accounts for participating in the contest and open opposite orders by the same currency pair and volume at these both accounts, it will be determined as "cheating" from your side. But hedging withing one contest account is allowed.


Thank you very much, Katerine.
I wish I could learn a lot from this contest.
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IFX Katerine
post Jan 22 2010, 04:03 PM
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I was glad to help you. smile.gif Hope, this contest will help you to improve your skills as well as win a prize!



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Kakarot
post Jan 31 2010, 01:48 PM
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Hello.. How about take profit condition. Can we take profit more than 10 pips because this is a scalping contest..?
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al41
post Feb 1 2010, 10:30 AM
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Hi ,
Why does my ea does not work in the first day of the contest? It worked well on Demo Acc before the real scalping contest started.

It seems to me that the rule:"Minimum volume of a deal is 0.01, maximum - 10 lots. Step is 0.01 lots.
The quantity of deals is not limited.
" does not work because when I try to open a new deal, there is a massage which said, "too much orders!"

Why is "Real Scalping Contest" limited as "Sniper Contest"?

Please help...... thanks.
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IFX Katerine
post Feb 1 2010, 02:26 PM
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QUOTE (Kakarot @ Jan 31 2010, 03:48 PM) *
Hello.. How about take profit condition. Can we take profit more than 10 pips because this is a scalping contest..?

Hello. There are no any restrictions on profit size. smile.gif



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Kakarot
post Feb 1 2010, 03:14 PM
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QUOTE (al41 @ Feb 1 2010, 06:30 PM) *
Hi ,
Why does my ea does not work in the first day of the contest? It worked well on Demo Acc before the real scalping contest started.

It seems to me that the rule:"Minimum volume of a deal is 0.01, maximum - 10 lots. Step is 0.01 lots.
The quantity of deals is not limited.
" does not work because when I try to open a new deal, there is a massage which said, "too much orders!"

Why is "Real Scalping Contest" limited as "Sniper Contest"?

Please help...... thanks.


Hello Katerine.. How about above question, can u answer it?
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al41
post Feb 1 2010, 06:40 PM
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QUOTE (Kakarot @ Feb 1 2010, 09:14 PM) *
Hello Katerine.. How about above question, can u answer it?



Lol ......... at last There are some changes in Regulation;

3. Trading conditions
3.6. Minimum volume of a deal is 0.01, maximum - 1 lot. Step is 0.01 lots.
3.8. Maximal number of deals including pending orders is 5.

So Just the same as Sniper Contest, except Balance and period of time.

It seems that it is hard to make separation between two different contests in Demo Servers.
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Kakarot
post Feb 1 2010, 07:04 PM
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QUOTE (al41 @ Feb 2 2010, 02:40 AM) *
Lol ......... at last There are some changes in Regulation;

3. Trading conditions
3.6. Minimum volume of a deal is 0.01, maximum - 1 lot. Step is 0.01 lots.
3.8. Maximal number of deals including pending orders is 5.

So Just the same as Sniper Contest, except Balance and period of time.

It seems that it is hard to make separation between two different contests in Demo Servers.


Hello al41, u can use instatrader Multiterminal to monitor your account...
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IFX Katie
post Feb 2 2010, 09:05 AM
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Dear Sirs,

The rules which were added to the page by mistake were corrected.

  • 3.6. Minimum volume of a deal is 0.01, maximum - 1 lot. Step is 0.01 lots.
  • 3.7. Participant can change his trading account to Swap-free by contacting Technical department.
  • 3.8. Maximal number of deals including pending orders is 5.
We are very sorry for inconveniences.



Regards, official representative Ekaterina Pobedinskaya


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al41
post Feb 2 2010, 09:07 AM
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QUOTE (Kakarot @ Feb 2 2010, 01:04 AM) *
Hello al41, u can use instatrader Multiterminal to monitor your account...


OK. I will try it. Thank you 'Kakarot.
In my opinion, changing the rules made The scalping contest lost its sense.
For a newbie like me I could learn a lot from Sniper Contest on its limitation of Lot and deals.
But in scalping with this limitation, we lost the chance to learn many deals with short target and big lot sizes. We cannot see the risk and reward behind the scalping.

Actually the previous rules is suitable for the scalping contest, but unfortunately the system on the demo servers does not support it yet.

And what do you think? .....................
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IFX Katerine
post Feb 2 2010, 03:37 PM
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We are glad to get a feedback from you. Share your opinion with us, maybe the contest administration will reconsider its decision regarding the rules. smile.gif



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