Article Summary:

Here is a collection of Forex News Updates, Other Forex Trading System Resources and Information.Hi everyone
Demo contest Forex Trader of the Year Contest 2010 results are worsening.
In the 3rd week of competition, we had only 20% (99 traders) winning, while this number has now decreased to just 15% (83 winning), and losses had grown from .7 mio to .4 mio.
I’m really


Article Content:
Hi everyone

Demo contest Forex Trader of the Year Contest 2010 results are worsening.

In the 3rd week of competition, we had only 20% (99 traders) winning, while this number has now decreased to just 15% (83 winning), and losses had grown from .7 mio to .4 mio.

I’m really eager to see what real contest numbers will bring along…

5th Week Demo Contest Statistics:

1. 536 of 1282 contestants have traded.

2. 83 traders are winning ,661,453.63, while 453 are losing  ,383,539.93.

3. Global equity of contestants has reduced to ,427,913.70 from the initial ,150,000, showing a ,722,086.30 gross loss that represents 22.95% of all contestants funds and 54.93% of active ones.

Unless there is a change in the current trend, it looks like the global result at the end of the contest will be negative.

For more info:

http://www.forexstreet.net/page/trader-of-the-year-contest

Francesc


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