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 $16.7 mio to $23.4 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 $8,661,453.63, while 453 are losing $23,383,539.93.
3. Global equity of contestants has reduced to $49,427,913.70 from the initial $64,150,000, showing a $14,722,086.30 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
Francesc Riverola,
