On September 1, Masterforex-V Club is going to launch a new contest from successful traders. This contest ends on September 30. After the results are announced, the Club will distribute 45 investment accounts between the top-performing traders of the contest to let them make up to 500% more money.
Terms and Conditions
When it comes to the terms and conditions of the contest, they are fairly simple. They will be lost of winners in the contest since the investors choose the best traders to let them manage their funds. The better performance you can show, the bigger amount of investment accounts you are likely going to manage. The results of the previous contest show that traders can get up to 6-8 accounts at a time. All, in all the investor distributed 26 accounts between the winners.
In order to qualify, you are required to make 3 simple steps
1. Go to http://pro-rebate.com/en/contest/register.html and apply for the contest.
2. Check to see your account in the MONEY MANAGERS chart - http://pro-rebate.com/auto-money-managers.html
3. To do the best you can to show the best trading performance possible.
Apparently, the last step is the most difficult one. It separates the best from the rest. The thing is that everyone can see successful trading differently. For some reason, most traders think that the profit is the only thing that matters. However, drawdowns, risk and other factors like that matter as well. You see, investors seek stability coupled with consistent profits. Simply put, they are not going to invest in a guy who went all-in and got lucky to make the biggest amount of money. On the contrary, savvy investors are ready to sacrifice high profits just to be confident in the safety of their investments. Even if your profitability is modest but there are no major drawdowns and everything is stable, the capital grows slowly but surely, chances are savvy investors will choose you over aggressive traders with much higher profitability coupled with excessive risks.
We are not trying to say that aggressive traders cannot win. All we are trying to say is that you should balance your trading and avoid going too conservative and too aggressive, while valuing stability over profitability.
Now, take a look at some examples of well-balanced trading:
As you can see, Masterforex-V Club investors prefer those who avoid excessive risks and can show consistent results.
Apparently, both traders and investors are interested in another round of the contest to help each other make more money. Within the scope of the next round of the contest, the investors prepared 45 accounts ranging from $1K to $15K. The total amount is $138K.
The distribution of those account between FX brokers:
· NordFX – 28 accounts – $97K
· Fibo Group – 10 accounts – $20K
· PrivateFX – 3 accounts – $17K
· GKFX – 2 accounts – $2K
· NasBroker and ActivTrades – 1 account per broker – $1900K
