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    Thread: The Case of Mr. Jones: NEW GAME [FINISHED]

    1. #1
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      Cool The Case of Mr. Jones: NEW GAME [FINISHED]

      Here's a new fascinating competition to the atention of the MT5 forum members.

      The Case of Mr. Jones

      Mr. Jones is a business man that has $10,000. He is interested in investing in Forex, but doesn't know how.

      Case:

      You are an investment company and Mr. Jones has come to you to help him trade his funds.

      Task:

      Your investment company is expected to trade Mr. Jones $10,000 for 1 month.

      Who can play:

      Any registered member of MT5 forum.

      How to play:

      Form teams of no more than 6 members and give yourselves names.

      Create a trading plan, and a strategy that you all agree will win the game.

      Open a demo account of $10,000 and implement your strategy.

      The team with the best company wins.

      Rules:

      1. No more than six and no less than four players in a team.

      2. You must have one group leader.

      3. You must write down and submit your trading plan to the moderators (Toxic, forexsage, Tarek, Stockwalker, MT5 Fiend).

      4. You must write down and submit your strategy to the various moderators.

      5. You must submit an investor username and password to the moderators to monitor your trades

      6. You must use THIS strategy in your trading and nothing else. IF YOU USE ANOTHER STRATEGY OTHER THAN THE ONE SUBMITTED YOU WILL BE DISQUALIFIED.

      7. You must register your contest account in MT5 monitoring.

      8. The leader of a team must submit a participation request to this topic with a list of players, the team's name and the link to the contest account monitoring.

      9. Participation requests can be submited till May 10. The game is held since May 10 till June 10.

      Prizes:

      The winning team will get a $500 managed account (AS A TEAM) to implement their strategy on. Every member of a team will get an equal part of the prize to his/her trading account attached to his/her forum account.

      The runner up will get a $250 managed account (AS A TEAM).

      The 3rd will get a $100 managed account (AS A TEAM).

      Hint:

      Mr. Jones likes details and innovations, and points will be given for a good trading plan, as well as a good strategy implementation.


      GOOD LUCK!

      Go to this thread to discuss the game.


    2. The Following User Says Thank You to MT5 Administrator For This Useful Post:

      Unregistered (1)

    3. #2
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      Default

      Team: a dominant force
      Leader: Me
      Members:
      Aviz
      chuna1985
      cumil

      Login : 980722
      Investor : lx5tyza
      Server: Instaforex-Demo

      Good Luck
      Last edited by MT5 Fiend; 05-11-2011 at 04:26 AM. Reason: editted account number


    4. The following 2 users say Thank You to sudanfx for this useful post.

      Aviz (05-10-2011), cumil (05-05-2011)

    5. #3
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      Finally I did all.

      My team is UL-Team .

      Leader : Misa (me )
      Members :
      Laki44
      FxSrb
      JaleFx84

      Number account : 981789
      Inv.pass. : z7huaqt
      demo server

      Let's fight begin
      Last edited by MT5 Administrator; 05-11-2011 at 01:12 PM. Reason: Editted account number


    6. #4
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      Team name: Newbie Forever
      Leader: Me
      Members:
      KiRA
      NikitaBelle
      indrayan

      Account: 980256
      Inv. password: razor7
      Server: Instaforex-Demo
      Last edited by MT5 Fiend; 05-12-2011 at 03:02 PM.


    7. #5
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      Team: ZED

      Leader: Spide

      Members:
      • Agantuk_786
      • Live
      • Ananta Paul

      Account: 980613
      Inv. password: elga1fx
      Server: Instaforex-Demo

      Monitoring page:
      https://www.mt5.com/monitoring/user/980613


    8. #6
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      Team: Bigearners

      Leader:Rinjani

      Members:

      Moleh999
      me(bigearners)
      Cashcube

      account no. 982123
      investor password: xsh7tyn

      MT5 monitoring: https://www.mt5.com/monitoring/user/982123
      Last edited by MT5 Fiend; 05-12-2011 at 09:47 AM.


    9. #7
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      First Day Report :
      11/5/2011.

      active orderes: NZD JPY : Sell @ 64.43 , TP: 62.53 , SL: was 65.83 but the pair moved with our order direction (+50 pips) so ,, Our TP became @ Entery Place(@62.43).
      Pending orders: GBP JPY: sell limit @ 134.30, SL:136.42, TP: 130.91(The pair reached 134.02 then fell till 131.40) , This chance will delete if the pair reached TP(130.91) before entery place(134.30)
      Notes:
      all orders : we will never move our TP+Entery place +TP) Unless the pair moved with our direction (+50 pips minimum).. so we trading Like EA..

      Till Now No chance appeared depend on our strategy..

      Good Luck


    10. The following 3 users say Thank You to sudanfx for this useful post.

      Aviz (05-14-2011), cumil (05-12-2011), MT5 Administrator (05-12-2011)

    11. #8
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      Second day Report:
      12/5/2011


      we had 2 orders opened already :
      NZD JPY : Hit our SL @ Entery place ,, so the result of this order was 0 pips
      GBP USD: i entered this quick chance on this pair ,, Unfortunatly it hit our SL,, (-34pips)

      Now:
      still we hold our last order on GBP JPY as pending order....

      Results till now:
      account: Reduced to 9928,83$
      loses(pips): 34 pips
      loses ($): 71.17$

      we will start again tommorrow if we find chances.....

      Our orders:


      Good Luck


    12. #9
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      Even my team are newbie, we will trade based on strategy on our trading plan.
      Today are not good for my team strategy so we decide to didn't trade today..

      Money from investor is everything, and we don't want to bring bad news to our investor.
      We will monitoring market until it meet our trading plan condition then entering market safely..


    13. #10
      It's time to retire!
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      Me and my team leader Razor...only made one trade today.
      Not bad, I learned a lot from him.
      Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


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