Valutrades Contest Winners Announced

The recent contest sponsored by Valutrades has ended and here are the winners:

1
josephe
Contest – josephe 7703.00%, winning $5000
2
fatooor
Contest – fatooor 4991.00% winning $1000
3
taradgen
Contest – taradgen 4583.00% winning $500
4
Monkeytrader
Contest – Monkeytrad… 2511.00% winning $500

Looking at this contest’s analysis, we see a high participation rate (76.3%), as well as a high level of winning accounts (14.2%); the 1st place and the 2nd place traders ended far away from the other competitors, however the 3rd and 4th place had barely performed better over the rest.

From a trading perspective, it is clearly visible that winners had a much larger TP/SL levels over the losing accounts, which would suggest winners had a trend trading system.

valutrades.contest

Have a great weekend,

The Myfxbook Team.

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