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    Page 11 of 11 ... 6 9 10 11
    Results 101 to 101 of 101

    Thread: ForexCopy Vs. PAMM: Forbezs Millionaire Investors 2016.

    1. #1 Collapse Post
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      Default ForexCopy Vs. PAMM: Forbezs Millionaire Investors 2016.

      ForexCopy Vs. PAMM: Forbezs Millionaire Investors 2016.


      Contest regulations for ForexCopy Vs. PAMM:

      1. The contest will be held from May 23, 2016 00:00 to June 10, 2016 23:59.
      2. Those who registered on the forum before March 1, 2016 can participate in this contest. Those who registered at March 1, 2016 and afterward are not eligible to participate in the contest.
      3. This contest is not a trading contest, it is a paper contest aimed at ForexCopy and PAMM available at InstaForex. However, the goal of the contest is the same and that is to make as much profit as you can.
      4. There will be 2 groups: ForexCopy Group and PAMM Group and there will only be 2 contest threads (one for each group) per round. Each participants must choose which group he/she will join and post the link of his chosen ForexCopy/ PAMM on the group's thread and explain the reason why he/she choose it.
      5. Once you join you will not be able to switch group again.
      6. There will be 3 rounds, 1 week per each round.
      7. At the end of each 1st and 2nd week there will be elimination on both teams.
      8. Half of each team will be eliminated according to the lowest profit.
      9. There is no trading involved in this contest, no need to open a demo/contest trading account. This contest is only a paper trading. This is how the contest works:



      Round 1 (May 23, 2016):

      You do not have to open any contest trading account.
      Each member (investor) will get $100,000 paper money.
      You can invest whichever amount you want.
      Choose 1 ForexCopy/PAMM.
      The ForexCopy/PAMM must be at least 180 days old.
      Mention the reason why you choose that ForexCopy/PAMM.
      You should mention how much money you would like to invest in that ForexCopy/PAMM. For example if you choose to join PAMM Group you must post this on the Group's thread:

      Investment details:
      UltimateTrader EURUSD 2015
      invest $100,000
      The monthly profit is never below 5% and the trader only focus on one currency pair which means he knows it inside out.

      The deadline for submitting the investment details is 3 hours before the forex market open at InstaForex MT4 trading platform.
      There will be elimination at the end of 1st week, half of the members will be eliminated according to the lowest profit first.
      The profit will be calculated using the project's weekly profit/loss that is visible on the project's monitoring page.
      If there is a tie for elimination the invetor who post his/her investment details in the group thread first will be saved.



      Round 2 (May 30, 2016):

      Each member (investor) will get $500,000 paper money.
      You can not invest more than 40% of your money in one ForexCopy/PAMM.
      You must invest a minimum of 5% in each ForexCopy/PAMM.
      Choose 3 ForexCopy/PAMM.
      The ForexCopy/PAMM must be at least 90 days old.
      The ForeCopy/PAMM project that you use on round 1 can not be used on round 2.
      Mention the reason why you choose that ForexCopy/PAMM.
      You should mention how much money you would like to invest in that ForexCopy/PAMM. For example if you choose ForexCopy Group on 1st round you must post this on the Group's thread:

      Investment details:
      Aggressive Profit GBPUSD
      invest $200,000
      The project has been performing well for the past 3 months although it's still new but I believe it's potential.

      Turtle Trader
      invest $150,000
      This project showed stable profit even though the profit is not that big.

      Fibo S/R
      invest $150,000
      This is a high risk project but there is not yet a losing month for the past 3 months.

      The deadline for submitting the investment details is 3 hours before the forex market open at InstaForex MT4 trading platform.
      There will be elimination at the end of 2nd week, half of the members will be eliminated according to the lowest profit first.
      The profit will be calculated using the project's weekly profit/loss that is visible on the project's monitoring page.
      If there is a tie for elimination the invetor who post his/her investment details in the group thread first will be saved.



      FINAL Round (June 6, 2016):

      Each member (investor) will get $10,000,000 paper money.
      You can not invest more than 30% of your money in one ForexCopy/PAMM.
      You must invest a minimum of 5% in each ForexCopy/PAMM.
      Choose 5 ForexCopy/PAMM
      The ForexCopy/PAMM must be at least 30 days old.
      The ForeCopy/PAMM project that you use on round 2 can not be used on round 3.
      Mention the reason why you choose that ForexCopy/PAMM.
      You should mention how much money you would like to invest in that ForexCopy/PAMM. For example if choose PAMM Group on 1st round you must post this on the Group's thread,

      Investment details:
      UltimateTrader EURUSD 2015
      invest $3,000,000
      This PAMM showed good result in round 1 so I will choose this again.

      ForexMan Commodity Mix
      invest $2,500,000
      This project showed stable profit even though the profit is not that big.

      Fibo S/R
      invest $2,000,000
      This is a high risk project but there is not yet a losing month for the past 3 months.

      Eagle FxGroup
      invest $1,000,000
      This project has been around for more than 1 year and consistently bring stable result.

      NY Session Trader
      invest $1,500,000
      A relatively new project but showed very big gain. Although this project is very risky I'm going to take a chance.

      The profit will be calculated using the project's weekly profit/loss that is visible on the project's monitoring page.
      The deadline for submitting the investment details is 3 hours before the forex market open at InstaForex MT4 trading platform.



      Here’s how the winners will be selected:
      The team with the highest average profit at the end of the 3rd round will win.
      The formula is simple:

      Total group profit divided by total group member

      The total prize is
      $1,000 if there are more than 1 person winning,
      $500 if there is only 1 person winning.

      The prize will be divided according to the percentage contribution of the final balance. So those who contribute a lot of profit to the group's final balance will get more portion of the prize. Those who end up negative will not get any prize.

      The prize is unavailable for withdrawal and it can only be used as extra trading balance in your bonus account that you attached in your forum profile. All profit resulted from your trading is available for withdrawal without restrictions.




      10. The administration takes decision at its discretion in relation to the situations that are not covered by the present Regulation should such situation occur.

      11. MT5 Forex Forum and InstaForex have the right to publish the details of the contest and its results in any way most fitting to MT5 Forex Forum and InstaForex.




      Winners announcement:
      n/a


      To find a project go here....

      For ForexCopy Monitoring please go here: ForexCopy Monitoring

      For PAMM Monitoring please go here: PAMM Monitoring

      In those links you can find the project (PAMM or ForexCopy) that you can use in this contest.



      Group threads for 2nd Round are located here:

      Group 1. PAMM Team.

      https://forum.mt5.com/showthread.php...1#post11974384

      Group 2. ForexCopy Team.

      https://forum.mt5.com/showthread.php...5#post11974425


      Spoiler Spoiler:
      Last edited by PhantomTrader79; 05-31-2016 at 03:37 PM. Reason: updating information.


    2. #101 Collapse Post
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      Default

      Hall Of Fame updated to include the winners from this contest:

      https://forum.mt5.com/showthread.php...1#post11994750

      CONGRATS! once again


    3. The Following User Says Thank You to PhantomTrader79 For This Useful Post:

      dzin4aans (06-15-2016)

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