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Forums > Special Topics > Trading Contests > ThinkMarkets Demo Trading Contest

ThinkMarkets Demo Trading Contest

Prize: $10,000 Total
- 10 Winners
Messages (182 Replies)
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15 Sep 2016 2:42 PM
    This topic has been created automatically to discuss this contest.
    18 Oct 2016 9:34 AM
    Hi Denis, I read the section on understanding drawdown but was left confused. Is this the only formula used to calculate drawdown

    The Formula
    (100 + Equity Return %) / (100 + (n * Drawdown %)) ?

    If so an you tell me where does n come from?

    Do you know of any indicator that displays that magical number for us. If there is one I would sure like to have it. If there is none I may write it myself but would need to understand the math more.

    So "n".....how is it determined?

    Thanks
    18 Oct 2016 10:32 AM
    Posted By Zeb4x.ca on 18 Oct 2016 9:34 AM
    Hi Denis, I read the section on understanding drawdown but was left confused. Is this the only formula used to calculate drawdown

    The Formula
    (100 + Equity Return %) / (100 + (n * Drawdown %)) ?

    If so an you tell me where does n come from?

    Do you know of any indicator that displays that magical number for us. If there is one I would sure like to have it. If there is none I may write it myself but would need to understand the math more.

    So "n".....how is it determined?

    Thanks
    Hi,

    The formula you have quoted is for the ranking in the Gain:Drawdown contest where n is a variable weighting in favour of Drawdown (we usually set n = 10) and ranking is based on highest value in Return/Drawdown column

    Drawdown formula is:
    100 * (Equity High – Equity Low) / (Equity High + 100)

    However in this contest Winning Criteria: Maximum Equity % Return and ranking is based on highest value in Return column.

    Denis
    Office Hours 9 - 5 GMT (Ireland) Mon - Fri
    19 Oct 2016 10:43 AM
    Почему с Украины не может быть выигран приз? Ранее никогда не видел ограничений для трейдеров с Украины!
    Edited:19 Oct 2016 11:02 AM
    19 Oct 2016 5:00 PM
    Get ready, Denis! You have 10 days to stock up on aspirin and booze so that you're not all like "OMG if I have to answer ANOTHER STUPID QUESTION about DQ!!!" :-p
    20 Oct 2016 8:36 AM
    Posted By Aleksandrus on 19 Oct 2016 10:43 AM
    Почему с Украины не может быть выигран приз? Ранее никогда не видел ограничений для трейдеров с Украины!
    Google Translate:
    Why to Ukraine can not be won a prize? Earlier never seen restrictions on traders from Ukraine!

    We received the list of ineligible countries from the broker 'ThinkMarkets'.
    Jurisdiction & regulation are why brokers deal/don't deal with residents from different countries.

    Denis
    Office Hours 9 - 5 GMT (Ireland) Mon - Fri
    20 Oct 2016 8:41 AM
    Posted By mansoforex on 19 Oct 2016 5:00 PM
    Get ready, Denis! You have 10 days to stock up on aspirin and booze so that you're not all like "OMG if I have to answer ANOTHER STUPID QUESTION about DQ!!!" :-p




    It's all part of the service!!!

    ...but thanks for thinking of me all the same...

    Denis
    Office Hours 9 - 5 GMT (Ireland) Mon - Fri
    20 Oct 2016 8:46 AM
    День добрый,А истории нет ?В прошлом какой был % доходности?
    20 Oct 2016 11:04 AM
    Posted By Sergey Knyazev on 20 Oct 2016 8:46 AM
    День добрый,А истории нет ?В прошлом какой был % доходности?
    Google Translate:
    Good day, and history is not? In the past, what was the% rate of return?

    Apologies, but I don't know what you are asking here.

    Go to Contests And Promotions -> View All Contests to see previous ones.

    Denis

    Office Hours 9 - 5 GMT (Ireland) Mon - Fri
    20 Oct 2016 11:09 AM
    Подскажите,где можно посмотреть прошлый конкурс?Какие были доходности?
    20 Oct 2016 2:26 PM
    Posted By Sergey Knyazev on 20 Oct 2016 11:09 AM
    Подскажите,где можно посмотреть прошлый конкурс?Какие были доходности?
    Google Translate:
    Tell me, where you can see past the competition? What were the yield?

    In the drop-down menu for the Contests And Promotions tab, select View All Contests.

    If you don't know how to navigate there, click here

    Denis
    Office Hours 9 - 5 GMT (Ireland) Mon - Fri
    22 Oct 2016 7:05 AM
    Posted By Sergey Knyazev on 20 Oct 2016 11:09 AM
    Подскажите,где можно посмотреть прошлый конкурс?Какие были доходности?

    Зачем? Русских, украинцев и белорусов все равно к конкурсу не допускают - смотри внимательно условия.
    26 Oct 2016 4:53 PM
    These will be all the tradable instruments allowed in the contest, or will be added some others?
    26 Oct 2016 6:31 PM
    Hello Denis,

    i want to ask, whether trading with hedging strategy is allowed ?
    27 Oct 2016 2:36 AM
    Mana trader Indonesia suaranya.......  SEMANGAAT
    You are not authorized to post a reply.
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