CME "Trade Against a Pro" Trading Challenge - December 8th Sunday - 13th Friday

Discussion in 'Trading' started by wrbtrader, Nov 29, 2019.

  1. schizo

    schizo

    The simulator is based on TradingView platform, but the order page is nothing like what you see on TV. Can you even turn off that annoying confirmation? CME seemed to have made this baby as clumsy and impractical as she can get. (Where's that middle-finger emoji??)
     
    #71     Dec 2, 2019
    wrbtrader likes this.
  2. wrbtrader

    wrbtrader

    I'm not familiar with TradingView platform. Thanks for the heads up about what's behind the CME Groups trading platform. I assumed in error it was something to do with CQG platform because they're the main sponsor of the trading challenge.

    I've always thought TradingView was just charts, screeners, image storage and some basic backtesting stuff. Didn't know they had a trade execution platform.

    Isn't TradingView real-time and if so...wouldn't it make sense for someone to simulate trade on TradingView's trading platform to practice for future trade challenges at the CME Group and then switch to CME Group's platform just prior to the start of any challenge ?

    That would also imply that the trade execution platform at TradingView is clumsy (crappy). :wtf:

    P.S. Never seen TradingView advertise on TV.

    wrbtrader
     
    Last edited: Dec 2, 2019
    #72     Dec 2, 2019
  3. imjohn

    imjohn

    I saw the standings (you posted screenshot in another thread)..

    It looks like rankings 4, 5, 8, 9, did just that... placed a few trades and got in the top 10.

    S 19.png

    Looking back at my records, that was a good week for me, but wouldn't have cracked the top 10 with a position limit of 10.

    Think I'll probably stick to my regular scheduled program next week, and continue as an observer.
     
    #73     Dec 2, 2019
    speedo likes this.
  4. wrbtrader

    wrbtrader

    Yeah, exactly.

    I know a few personally in the trading challenge and that's what they did. They placed a few trades in a trend and then left it alone...went back to their real trades and essentially ignore the trading challenge because they didn't want it to distract them from real money trading.

    One of them landed on the leaderboard in the top 10.

    wrbtrader
     
    #74     Dec 2, 2019
    speedo likes this.
  5. expiated

    expiated

    I bought five shares (or whatever the positions are) of NQZ9 this morning and after just a little bit of a climb, I was up $1,475, so I suppose it is theoretically possible for even someone like me to make several thousand dollars in a single day. But I’m not sure it would be worth it.

    ScreenHunter_7185 Dec. 02 10.47.jpg

    For example, I could have ridden 5 shares (or whatever) of NQZ9 all the way down from 8440 for several thousand dollars profit, but to do that, I would have had to have stayed awake all night long, which is just not at all realistic for me.

    ScreenHunter_7184 Dec. 02 10.46.jpg
     
    #75     Dec 2, 2019
  6. Too bad it's available only for few selected countries.
     
    #76     Dec 2, 2019
  7. tiddlywinks

    tiddlywinks


    It looks like 4,5, and 8 only traded THAT day, based on the daily and total P&L. Can't tell for #9.

    Just sayin.

    Don't forget micro indexes became available May 19... if trading indexes, it's a 10% bump to the 10-car limit.
     
    #77     Dec 2, 2019
  8. speedo

    speedo

    10k per contract in a week is a cab ride sway from the center of my bell curve.
     
    #78     Dec 2, 2019
    imjohn likes this.
  9. schizo

    schizo

    You must have one of the brokerage accounts TradingView supports in order to trade live. Moreover, you must subscribe to CQG. The best way is to sign up with a broker that provides both TV and CQG like AMP Futures.

    You can still paper trade on TV but without CQG the data will be delayed.

    Here's the screenshot of TradingView in action. So much more intuitive than that "shit" platform. :D

    TV.jpg
     
    #79     Dec 2, 2019
  10. Yeah the data for the competition is definitely real time. I was being overly skeptical.

    Almost 100,000 in five days is crazy. Inspiring stuff.
     
    #80     Dec 2, 2019