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Thread: Profitable Week Classics is Back!

  1. #1
    In Profit Maya P's Avatar
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    Default Profitable Week Classics is Back!

    Profitable Week is a regular ForexCup competition that has undergone several sets of changes. All of them were aimed to improve your experience and whet appetite for the contest. Some of the changes were adopted, the others were called off. Now the “Profitable Week” contest is back in its optimal shape.

    The US$1,500 prize and bonus fund is at stake this round. Each participant who manages to increase the start-up deposit by at least 70% will get a bonus for profitable trading. 7 winners will share the US$500 prize pool as follows:

    • 1st place – US$250 + bonus;
    • 2nd place – US$100 + bonus;
    • 3rd place – US$50 + bonus;
    • 4th place – US$40 + bonus;
    • 5th place – US$30 + bonus;
    • 6th place – US$20 + bonus;
    • 7th place – US$10 + bonus.


    The Profitable Week conditions are most favourable for the entry-level and professional traders alike. A no entry fee makes the competition affordable for would-be traders, while a good many of participants makes the competitiveness somewhat intense.

    5 trading days is a convenient time-frame to make your trades yield profits. Contestants are allowed to apply locking and EAs to simplify the decision-making process.


    Key dates:
    • February 16, 2015 – registration starts;
    • February 25, 2015 – registration ends;
    • February 25, 2015 – competition starts;
    • March 4, 2015 – competition ends;
    • March 5-6, 2015 – summing-up.


    Bonuses:
    • 1% of the profit made during the competition will be added to the account of the traders, able to increase the provided start-up deposit by at least 70%.
    • Declared bonus budget – US$1,000. The maximum bonus for 1 participant – US$250.


    Terms of the contest:
    • Free to participate;
    • Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP.
    • Trading platform: MetaTrader 4 (download);
    • Contest account: competition ECN;
    • Start-up deposit: US$5,000;
    • Leverage: 1:100;
    • EAs: allowed;
    • Locking: allowed;
    • Lot volume: from 0.1 to 1 (maximum 1 lot per order);
    • Number of orders, opened at a time (including pending orders): maximum 3.


    Additional restrictions:
    • Total trades minimum quantity: 5
    • Total trades minimum volume (lots): 5


    Dear traders, note, please that trades are closed automatically at the end of the competition. Accordingly, the closing price may either coincide with the market closing price or differ from it as the positions are closed with a little delay not instantly.

    Basic requirements to be eligible for a prize/bonus:
    • Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be abolished).
    • Make at least 5 trades of 5 lots’ total volume during the contest.


    Useful links:
    Last edited by Maya P; 02-18-2015 at 08:44 AM.

  2. The Following 4 Users Say Thank You to Maya P For This Useful Post:

    hesham1046 (02-19-2015), penaltev (02-18-2015), Resolve (02-18-2015), rivo25 (02-22-2015)

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    The only thing standing between you and your goal is the BS story you keep telling yourself as to why you can’t achieve it .

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    Default

    Thanks "Forexcup" for again arrange "Profitable Week" competition again, Hope now this competition run as well as previous way.

  18. The Following User Says Thank You to rivo25 For This Useful Post:

    Prezident (02-23-2015)

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