Wall Street

I like movies, especially “Wall Street: Money never sleeps”. And what about you?

 

Forex Demo Contest in IFC Markets

Forex Demo Contest in IFC Markets

The other day I received an Email from IFC Markets, informing me that the company holds a demo contest between its colleagues and they are inviting me to participate as a partner. First I thought that it must be something simple. But no, after reading contest terms and conditions, I became quite interested. See the conditions:

·          All the accounts will have 1000$ deposit with 1:100 leverage;
  Each participant should open at least 3 positions daily;
  Each participant should at least open 5 positions with Take Profit or Stop Loss during the whole contest;
 Each participant should trade not only currency pairs, but also metals (at least 6 positions) and  CFDs (at least 6 positions)
 Calculation of profit/loss should be presented by each participant;
 No Scalping allowed!
 No one should ask each other what s/he is trading and open the same positions!

The one with higher account balance will win the contest.

    The winner will get a Special Prize from the Management!

Yes, really attractive conditions. It was informed in the Email that the contest will be held October 7-21. So I immediately took my mobile and called IFC Markets to tell them that I accept the invitation to become contest participant. I am trading for already 5 days, now my balance is 900USD. Actually I am losing, but I will do my best to become the first. The secret of awaiting prize is really thrilling. Good Luck to me! 

How to spend thousand dollars?

          Nickolas worked as a journalist for already ten years. He was earning enough to make a modest living without any luxury. He was married once, but his wife couldn’t stand his personality of not trying to reach high goals, so he lived alone and comfortable with no reason to complain about life. His all days were similar to each other, except one, when he bought a lottery and appeared to be lucky. He won thousand dollars. Once in a lifetime Nick wanted to try something new, something he hadn’t done before, so what to do? –I always liked traveling and wanted to see new places, but everytime something was keeping me away from doing it,- he thought,- hmm I haven’t taken a holiday for a long time already, it’s right time to do it. Next day at 10 o’clock in the morning he was waiting outside of the principle’s office. –Come in,- he heard someone calling from the room.

-So you want to take a holiday to do what Nick?, - asked the principle. –Travel, Mr. Armstrong, I always wanted to visit Greece as my ancestors are from there,- answered Nick. –Oh, I see, but there is a little problem with your decision. –Problem, what kind of problem, sir? –It’s not a surprise that you haven’t written any good articles for a long time already. Maybe you have some problems I understand, but now you want to take a holiday for a month and I think it’s too much. I cannot let you do that until you give me some good material.

Nick was upset, as his desire was not fulfilled. The fact was that he really wanted to spend that money now, so what to do? He was considering leaving his job and doing what he initially decided, in the end he wanted to do that for a long time now, but it wasn’t a sensible idea and he was a sensible man. There had to be something else he could do with the money. Several ideas crossed his mind at that time. Buying a video camera sounded nice to him at the beginning, but then he remembered that he is divorced and doesn’t have children, he cannot even go traveling then why does he need a camera? He could also donate the money to the charity, it would be very kind of him, but despite of this wonderful idea he really wanted to spend the money for himself. His head full of this kind of thoughts he didn’t even notice that he was already sitting in a café and one of his old friends was trying to catch his attention. They had been very close friends once when he and Michele were still married, but after the divorce many of their mutual friends chose to support Michele and Harry was one of them. They talked about old times, remembered good days and Nick told him about his lottery prize and that he cannot decide what to do with that. It appeared that Harry was trading on foreign exchange (forex) market for several months and already earned some money. – It is certainly a risky business, but in case of having a good strategy, you can earn quite a lot and that is what I do. You should try, it will be a new and interesting way to invest money-he said. 

                It was late at night Nick couldn’t fall asleep. He was thinking about life, about the money and Harry’s words. It was a risky business he said, but Nick was never a man who was getting engaged in risky businesses. It could be the reason he was alone now. He never enjoyed dangerous trips, was always careful and sometimes boring as his friends used to say. Maybe it was time to try something risky, he wouldn’t lose anything. That night he followed his old friend’s advice and started trading. He lost money and won money, he was thinking about new strategies he could use to earn money, besides he made some new connections during that. The change made in his life had a good influence on him and also on his career, because he became more enthusiastic and interested in what he was doing. He found good material that he could use in articles, which in fact Mr. Armstrong appreciated and approved his desire to travel.

                Now he had money and had permission from boss, he could finally do what he really wanted for a long time and it felt wonderful. New life was waiting for him full of new and exciting experiences.