If it happens, great, but I cannot see them personalizing some of their content for ET. After all, if they do it for one, others will ask for it, and so they'd have to do it for all to make it "fair" for the next "public" challenge.
Nope, never gonna happen. Even if it does happen, I don't think many will participate unless CME gives us a more functional simulator. Seriously, why would anyone take time off from trading only to stress oneself out dealing with such a poorly designed crap? God, I've never seen anything so awful in my nearly 30 years of trading.
Their trading simulator is a self-promotion tool, to just get peeps interested in the CME instruments. I mean, nobody would ever trade with something that clunky. Besides, they don't even offer a trading platform for live. They don't author trading software, they are just the exchange many of us are a slave to.
Well, actually, they do. But it's catered only to the institutional dudes. (But, frankly, that too looks pretty crappy as well. ) https://www.cmegroup.com/trading/cme-direct.html
It is not for scalping or putting in a bunch of trades. But to prove a point, it is perfectly OK. Let's say Volente calls a top, he goes short on the sim. Someone else calls for higher oil, he goes long CL. etc.etc. I don't see harm in asking CME, if they say no, so be it. You will never get the girl if you don't ask. There could be a problem with them giving live quotes though. Currently their sim is delayed.
Did you talk to them about the problems with their trade execution platform ? If I was Baron, I wouldn't align with the CME until they can resolve the issues with that platform. I've talk to many and notice the conversation about the problematic platform here at ET and other forums...its a very big concern. The concern is big enough that good traders will avoid those challenges. Also, looking for accountability...I don't think the CME Challenge helps with that. Instead, it does give someone the opportunity to compare their performance in comparison to others here at ET and/or obtain simulator results on a new strategy. The maybe not so good because it will be obvious the simulator simulator result from the CME Challenge will be nothing like the simulator results on a trade execution platform you're already familiar with at your broker. Yet, if you're competing with others and all involved are using the same strategy...that's when real accountability can kick in because each can share the timestamp log of the trades and determine if the trader is following their trading plan. As for the traders in the ES Journal thread...most will continue posting their trades in that thread because texting (messaging) a trade entry is probably one of the most popular, easiest but not helpful ways to document trades in the form of a trade journal except for those that attach redacted statements (simulator or real money) with those message post trades. I haven't visited the ES Journal thread in years but if there's anyone in that thread posting trades after confirmation in their broker trade execution platform...they are not going to abandon their platform just to use the CME Group platform in an CME / ET Challenge. In fact, discussion with others that have competed in the CME Challenges...most did it during downtime from their own trading and often trading products they normally do not trade. That's what the challenge can do although I'm not sure if that's bad or good because anyone can spin that to say its an opportunity to become familiar with another trading product. Others that traded what they normally trade...they usually traded aggressively with their trade method in a way they normally do not do. For example, lets pretend you normally only trade 1 -3 contracts. Now your trading 10 contracts in the CME Challenge to be competitive with others. It could teach some bad trading habits via not respecting leverage and position size management rules as in violating their own risk management. Just my opinion wrbtrader
As a general rule, I don't compete with the offerings of the companies that sponsor this web site. We have several sponsors here that regularly host contests and/or offer trade performance leaderboards for their traders that participate. These companies generally have their own trading platforms that participants must use in order for their trade results to be monitored and accurately reported. Although I appreciate Spectre2007's interest and involvement in setting something like this up, it doesn't make much sense for me to align with the CME's platform over my own sponsor's platforms, especially since many have complained about the lack of features, time-consuming questions, and other quirks with the CME's offering. If the CME or any other company in our industry wants to host their own trading contest and pay to promote it here at ET so everybody here can know about it and participate if they choose, then I have no problem working with them to get the word out, but I'm not going to get into the contest hosting business by aligning ET with any particular platform, broker, or exchange.
Well, two years ago we had that "guess-how-many-posts-by-a-certain-date" contest, and IIRC I won it. The day was Valentine's day, 2018. I won that contest, and I won a sim steak dinner from you. I still have not received it. Teehee.