On the website of the Automated Trading Championship 2010, we've published a new article "Evaluating the efficienñy of the Championship participants' strategies by the method of Bulashev". Andrey Khatimlianskii is no stranger in the world of automated trading. He is the author of numerous articles on automated trading systems and the participant of the first Automated Trading Championship 2006. This year Andrey's Expert Advisor is also participating in the contest. Andrey is also known for his statistical reports. This time he analyzes the strategies of the Championship Participants by the method of Bulashev. The article has been published on the website of the Automated Trading Championship 2010, in the News section. The sponsors of the Championship are: Interbank FX LLC (IBFX), MIG BANK SA and FXCM (Forex Capital Markets LLC). The media sponsors are the TRADERS' journal and the Dow Jones information agency. The Organizer of the Championship is MetaQuotes Software Corp.
The sponsors are 3 bucket shops, a magazine that does not exist any longer, even its website is down, some other companies that your are affiliated with and Dow Jones? Interesting...
These contests remind me of a slew of new crowdsourcing sites that I've seen lately. Crowdspring for one is a graphic design site offering new designers excess to a world of corporate clients. Over 300 different people submit complete projects for each contest on average and hope to win. Many times however, the Crowdspring client mysteriously rejects all the designs and instead of a $10,000 prize in some cases, the Crowdsourcer winner might receive $200 for participating, even though the quality is often extremely high.
Yeah, good post, because sometimes the client will use the designs to see what people did not come up with and then find the unique one in-house based on the candidate designs.