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How much time does it take to have consistently positive trading results?
In 2005, the Applied Cognitive Psychology journal presented the results of a study of variables that predict the skill levels of chess players. It turned out that the most powerful factor in skill is time. High-level chess players spent five times as long as intermediate-level chess players. Swedish psychologist Anders Eriksson has identified the “10,000 hour rule”. Ericsson has done research among music professionals. He divided them into three groups – stars, professionals and amateurs. He then conducted a survey among them asking the participants how much time they spent training. Almost all of them started to create music when they were kids. But over the years, the time each…
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Upcoming Contest. Terms and registration.
Dear traders, we are announcing an upcoming trading contest. To participate in Contest, pre-registration is required. The Contest is scheduled for Monday, October 18th. Registration is open and will continue until 23:59 UTC on October 17 (01:59 CEST October 18; 06:59 pm Chicago Time). The Contest will begin on October 18 at 00:00 UTC. (02:00 CEST; 07:00 pm Chicago) and run until 20:50 UTC on October 22 (22:50 CEST; 03:50 pm Chicago). Attention: The module Traders Rating is available only in the new version of the VolFix platform – VolFix Anywhere. Contest Trading Conditions: Prizes for Contest (for those who have not violated the Contest rules and earned the greatest…
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Micro Crude Oil – Now Available for Trading!
This product has the symbol MCL. One MCL contract is equal to a 0.1 CL contract. The maximum position size is 10 times more than CL. The total commission per round is $ 1.34.
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Traders Contest Results 02/07/2021
Below you can find a table with the rating of traders for the last contest. # Nick Account Closed Positions Closed profit positions Closed loss positions Total P&L Prize 1 Alan Khakunov T11493904 19 16 3 7281 50K Practice 2 Nestor Burma T11510604 26 20 6 5238 60% code 3 AndruGnom T11498104 9 8 1 4265 30% code 4 u2533504 T11512804 2 2 0 3878 25% code 5 u4048804 T11504204 5 3 2 3710 25% code 6 tutanhamon T11511704 10 5 4 3303 25% code 7 lemon.killa T11503604 23 15 8 2957 25% code 8 Villain365 T11487504 10 8 2 2846 25% code 9 romafx T11509604 5 4 0 2717…
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Upcoming Day Contest. Terms and registration.
Dear traders, we are announcing an upcoming trading contest. To participate in Contest, pre-registration is required. Registration will begin 8 hours before the start of the competition. The Contest is scheduled for Friday, July 2nd. Registration will be opened at 00:00 UTC (02:00 CEST; 19:00 Chicago Time 1st of July) and will continue until 07:59 UTC (09:59 CEST; 02:59 Chicago Time). The Contest will begin on Friday, July 2nd at 08:00 UTC (10:00 CEST; 03:00 Chicago Time) and run until 08:50 pm UTC on July 2nd (22:50 CEST; 03:50 pm Chicago). The end time of the contest has been extended to 3:50 pm Chicago time due to a change in the…
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Traders Contest Results 29/06/2021
Below you can find a table with the rating of traders for the last contest. # Nick Account Closed Positions Closed profit positions Closed loss positions Total P&L Prize 1 Stone T11438504 16 16 0 9342 50K Practice 2 aleyar T11455204 51 45 5 8974 60% code 3 Trend Rider T11455304 3 3 0 8807 30% code 4 Des T11435004 3 3 0 3499 25% code 5 av2326 T11440604 35 27 8 3494 25% code 6 kosmos T11452204 1 1 0 3429 25% code 7 YanaEg T11458604 1 1 0 2879 25% code 8 h89xx3 T11453804 14 12 1 2517 25% code 9 Greg T11442804 15 9 6 2305 25%…
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Extended Trading Times
Dear traders, we have important news! Allowed trading times have now been extended to 3:50 pm (15:50) Chicago time. This change is already in effect! The current day contest has also been extended until 3:50 pm (15:50) Chicago time. LMI Support Team
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Upcoming Day Contest. Terms and registration.
Dear traders, we are announcing an upcoming trading contest. To participate in Contest, pre-registration is required. Registration will begin 8 hours before the start of the competition. The Contest is scheduled for Tuesday, June 29th. Registration will be opened at 00:00 UTC (02:00 CEST; 19:00 Chicago Time 28th of June) and will continue until 07:59 UTC (09:59 CEST; 02:59 Chicago Time). The Contest will begin on Tuesday, June 29th at 08:00 UTC (10:00 CEST; 03:00 Chicago Time) and run until 08:50 pm UTC on June 29 (22:50 CEST; 03:50 pm Chicago). The end time of the contest has been extended to 3:50 pm Chicago time due to a change in the…
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Restart week! Do not miss the time to get a discount for a restart
Dear traders, we are excited to tell you, that this week you’ll get a 15% discount on your account restart. The discount is applicable for the Practice and Qualifying session account restarts. To get the reduction, you don’t need to use any promo code, the cost of a restart will be reduced automatically. The final cost will be shown in your email for payment. The discount is valid until May 31 23:59 UTC. Please note that restart doesn’t extend the subscription. To get an extension, you may read the article on our blog page.
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Celebrate with us Birthday of the company
Three years together Dear traders, We are glad to inform you that LMI is celebrating the company’s birthday! Starting from today to May 10, you can use the promo code: LMIbirthday to receive a 25% discount* on the purchase of a Practice Session account or on extending your current subscription on Practice or Qualifying Session accounts. In case you need it, you may postpone the date of starting the new Practice Session Account up to 30 days. *Discount can be used until 23:59 UTC time on May 10 Over the years, we have met a large number of great traders, many of whom have received funding from us. We…
