FOREX TRADERS

[ultimatepick]

Excellent Thanks! I will start off with 20000 real dollars. I guess I am used to mini accounts with 200:1 leverage whereby :
5000 real dollars / 200 leverage = 1 000 000

Since we only have 50:1 I would need 5000 * 4 = 20 grand.

PS : Apparently you do not need to close your open trades :

Before the start of a contest I had an open position. This position will close during the contest time. Will this trade affect my ranking?

Yes, the P/L accumulated on this trade between the start of the contest and the time that stats are recorded will contribute to the CPL value used to compute your portfolio return. Note, the change in P/L is not measured from the opening of the trade but rather from the start of the contest.