My type: an Adventurous Trader

June 25, 2009 · Filed Under Forex Trading · Comments Off 

adventurousWhen browsing for forex resource I found this interesting information. It’s not absolute truth but I curious about the result. To be able to know what type of trader you are, you need to answer 35 question honestly. There’s no right or wrong answer. So just answer them according to your condition.

Here’s my result:

You are an Adventurous Trader!

Generally you are a quiet and flexible observer until a problem appears and then you act quickly to find a solution. You are good at determining what makes things work and going through a large amount of information to find out what is important. This quality will help you immensely as a trader. You are not easily persuaded by anything that is not based on fact. However, if your orientation tends to be external, then you are probably a big risk taker…

One of your Trading Strengths

You’re great at analyzing details to determine what makes things work.

One of your Trading Challenges

You might have problems with self analysis which is critical to eliminating mistakes in trading.

Hmmm… the result is almost true. My trading challenges is to deal with me. That’s the hardest part. I wish I can master my self before taking $1000 bonus from this broker. lol.

Want to know what kind of trader you are? check this http://tharptradertest.com/default.aspx?question=1

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Etoro: as Revenue Shared partnership. A Downgrade or Upgrade?

March 16, 2009 · Filed Under Affiliate Programs, Forex Trading · 2 Comments 

Today I just realize that my CPL partnership with etoro has come to the end. It’s mean I am no longer paid for free lead that I generate to their site. I still able to make income as affiliate or partner but the commission plan is become 25% share of etoro’s net revenue.

Right now, etoro has 2 commission plans. CPA where you can earn up to $200 per first time deposit from new trader you refer to etoro and second is RevShare where you can earn 25% of net revenue generated by your referral.

Detailed Stas

I curious about my performance on this partnership. So I make little note when I check my affiliate pages.
Here’s my result.

Total Earning as CPL partner
It gave me $706.15 from 354 leads. It’s $2 for each free leads. *Sigh* I still don’t know how they can charge $ -1.85 to my stats.

Possible earning if I am CPA partner
In CPA, you’ll earn same amount of money deposited by your referred customer (up to $200). For example, you refer John and his 1st time deposit is $150 then your commission is $150 too. If he first time deposit is $300, your commission is $200. From detailed stats, I see only 5 of my leads make FTD (First Time Deposit) with total $225 deposit. So this will be become my income if I choose CPA type.

Possible earning as RevShare partner
With RevShare program, You will earn 25% of net revenue generated by your refered customer. Your commission will continue as long as John still trading with etoro. From detailed stats, I can see that from those that make deposit and trade.. many of them generate big income. Total net revenue is $2439.99! So I will get $610 (25% x 2440).

etoro stats comparison

I should earn more because I don’t advertise it too much. I use only 2 simple advertising method which is forum posting and blog posting. I’m planning to use more technique dough.

Conclusion:

  • My choice to start with CPL is the correct one. My earning in CPL are better than two other option.
  • CPA offer seems very interesting but from my facts, RevShare is better for me
  • You probably get better result with other option. I only show my experience not to influence you.
Win a mini laptop in March 3/1/2009

Increase in March the amount of net revenues you had in February by 30% and automatically win an Acer Aspire One mini laptop!

Etoro Partner

If you are interested to join etoro partnership you can do it for free. Please click the image below to become a partner. Every month, etoro have special promo gift to its affiliate. Like this March, affiliate can win Acer Aspire Notebook.

Register as partner

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InstaForex $46400 Demo Trading Contest for 2009

March 10, 2009 · Filed Under Contest, Forex Trading · 1 Comment 

InstaForex Company open new demo trading contest for the year 2009. Total prize is USD 46,400 !
This contest will take 4 steps and a final round. Trading on the DEMO-account you will get a chance to receive one of the real money prizes:

Prizes for the first 4 steps:

  • 1 prize – 3000 USD
  • 2 prize – 2000 USD
  • 3 prize – 1000 USD
  • 4 prize – 750 USD
  • 5 prize – 500 USD
  • 6 prize – 250 USD
  • 7 prize – 100 USD
  • 8 prize – 100 USD
  • 9 prize – 100 USD
  • 10 prize – 100 USD
  • 11 prize – 100 USD

Prizes for the final round:

  • 1 prize – 5000 USD
  • 2 prize – 3000 USD
  • 3 prize – 2000 USD
  • 4 prize – 1000 USD
  • 5 prize – 1000 USD
  • 6 prize – 500 USD
  • 7 prize – 500 USD
  • 8 prize – 500 USD
  • 9 prize – 250 USD
  • 10 prize – 250 USD
  • 11 prize – 100 USD
  • 12 prize – 100 USD
  • 13 prize – 100 USD
  • 14 prize – 100 USD

Every owner of real trading account on InstaForex can participate in all steps and in final round.
For participation it the contest it is necessary to open one DEMO account, which is used during all contest. After each step finished, the balance of a DEMO-account will be returned to the initial. If you do not have real trading account in the InstaForex company, you should register real trading account at official page. Opening a trading account is only take 5 minutes and you start from one dollar deposit.

Contest Period:

  • 01.04.2009-01.05.2009
  • 01.06.2000-03.07.2009
  • 03.08.2009-04.09.2009
  • 02.10.2009-30.10.2009
  • 30.11.2009-29.12.2009 (Final Round)

Registration of contest will available until April 1, 2009.

Register new real trading account
Contest registration page and list of participant

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$1000 giveaway from FXOpen

January 11, 2009 · Filed Under Forex Trading · 2 Comments 

At current promotion from FXOpen, you can win $1000 if you have ticket number 10000000.

FXOpen are fast approaching the 10 Millionth order and to give appreciation to its members, FXOpen decide to give away $1000 for one lucky trader with the ticket number 10000000. The prize will be available immediately to his/her account and can be withdraw as cash or used for trade.

This promotion is open to anyone that trade in FXOpen. Standard and Micro account holder are eligible.

As I write this, current transaction is 9774814. If you don’t have account with FXOpen, it’s not late for $1000 opportunity. To find out what ticket number for your order, look at your metatrader, on the first column in Terminal window. That’s your ticket number.

Account type in FXOpen

Opening an account is fast and ready to activate within 5 minutes from any place of the world. Open a FOREX account with us today to enjoy the benefits so many have already experienced. As FXOpen customer, you can select from a full menu of professional services that have been specifically designed to meet your trading needs, including:

  • Spread from 2 pips
  • Leverage from 1:1 to 1:500
  • Micro accounts from $1
  • Standard accounts from $25
  • A wide range of financial tools
  • Trading terminal MetaTrader 4
  • Islamic accounts, No swap fee
  • Instant Execution Quotation system
  • 100$ bonus for standard accounts
  • Online support 24/5
  • Various method of payment. LibertyReserve, Alertpay, cgold, wired, etc
  • Account opening within 5 minutes from any part of the world!

Standard Account Registration, get $25 bonus after first initial deposit.

Micro Account Registration, get ¢100 bonus ofter first initial deposit.

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InstaForex: Welcome Bonus as a start

October 23, 2008 · Filed Under Forex Trading · 3 Comments 

In the middle of my participation on Trading Competition at InstaForex, I received email from them telling me that I am eligible for $30 welcome bonus. At first, I ignore the offer because I still focus on my competition. After I close all my trading position, I re-read the email and decide it to take the bonus.

It’s only take hours before my real account funded $30 from the bonus. And I don’t even make any deposit yet. Great then.. So what should I do with this account.

$30 welcome bonus is available for every new member. So if you want to take it, you can do it now.

Here’s how:

First, you need to open an account with InstForex. Registration is free. Fill the form with your data and wait for email confirmation. Your account number will be sent to your email.

Second, prepare your ID for verification. Scan your passport or national ID and fill this form to claim the bonus.

Third, wait for the bonus arrived in your real account then you are ready to trade.

In my first 3 day of trading using only this bonus, I manage to make some profit. I hope it’s not just a beginner luck.

Live Trading result 21 - 23 October 2008

Live Trading result 21 - 23 October 2008

All trades with 0.01 lot (micro account) and I play with exotic pair.. GBP/JPY because I think she moves very sexy

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Free Forex Tournament Are Still Opened

September 13, 2008 · Filed Under Forex Trading · 9 Comments 

While searching on free trading contest on google, there’s not much forex broker run free competition. What I mean by free is participants are not required to make any deposit to enter the contest. Opening a real account is okay since the prize will be transferred to winner’s account.

Benefit of Free Trading Contest

So what is the benefit of participating in trading contest? Some pro traders will probably say that’s a pretty good way of wasting time. I think it’s only apply for novice trader. Dooh..
While many of new trader looking for a way to make decent money on forex or stock trading, the free trading contest will definitely help them to sharpen their skill. And if they got lucky, who knows, they can win nice amount of money to start their real trading experience.

Jumping on forex trading contest or stock trading contest is different with trading in demo or virtual account. Not in platform or virtual money because usually contest trading use demo account for the games. But the feeling is different. In virtual account without contest, you will use the technique to seek most stable performance for your trading style while in contest account you put your extreme engine to win the tournament.

Tips to win free forex trading contest

  • Start early.
    It’s better to enter the competition on the first day of the tournament. You will have more days to trade. That’s mean you will have more time to collect profit.
  • Trade only profitable opportunity.
    Main goal for forex/stock trading contest is to achieve highest profit for the contest period. It’s useless if you open trade 20 times a day but most of them are losses
  • Stake big.
    This is probably is your best weapon but it comes with consequences. If you are in profitable trade you can ended up in top position but if you loss your account will burned out immediately.
  • Using robot to automate your trade.
    You can go to forex forum to grab the best robot. It will trade your account with no emotion involved and you can trade full day as long as you keep your box on.
  • Don’t quit too soon.
    When you are not top position, don’t quit too soon. Usually, traders are desperate when see they are not in top position. Guess what.. the stats is only for closed positions only. You never know if the persons in top position are holding open loss in their trade.

Free Forex Competition are now still open

If you are looking for broker that open a contest for free, you can try this. Do you know other forex trading competition or stock trading competition which has no entry fee and give real prize? Please let me know.

  1. Etoro
    Etoro is forex broker with innovative platform. I think this platform is designed for beginner in forex trading. You can look at their platform, it’s just like a flash game.Contest detail:
    Period: Open weekly
    1st Place gets $500
    2nd Place gets $300
    3rd Place gets $200
    4th to 6th Places get $100 each!
    7th to 10th Places get $50 each!

    Read more detail for rules and regulations.

  2. InstaForex
    Instaforex is new broker. Competition will begin at September 29 until October 31. This contest likely as their promotion tools to get more trader to open account with them. Registration is free.Contest detail:
    Period: 29 September 2008 – 31 October 2008
    1st Place gets $5000
    2nd Place gets $2000
    3rd Place gets $1000
    4th Place gets $500
    3 random Extra-prizes gets $1000 each ($3000 summary)

    How to register:
    First, you need to open a real trading account. Go here!
    Then you can register for the competition.

  3. GTL Trading – Free Demo Contest
    Traders are ranked based upon the highest percentage increase in equity during the Contest Period. This will be evaluated based on trading activity over 30 day duration. Contestants can start trading immediately on registration.
    Price #1 : $ 1,500
    Price #2 : $ 1,000
    Price #3 : $ 500
    Registration page: http://www.gtltrading.com/contest/gtl-challenge.asp
    More information about the contest: GTL-Trading

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