The recent contest sponsored by Valutrades has ended and here are the winners:
| 1 |
 |
Contest – josephe |  |
7703.00%, winning $5000 |
| 2 |
|
Contest – fatooor | |
4991.00% winning $1000 |
| 3 |
|
Contest – taradgen | |
4583.00% winning $500 |
| 4 |
 |
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.
Have a great weekend,
The Myfxbook Team.