I am currently ranked 187 in the cme challenge

Prize Details:

First Place Prize: $1,000
Second Place Prize: $750
Third Place Prize: $500

 

Someone made 430 trades! Algo trader or HFT?

 

That's the first thing I thought of when seeing 430 trades, Algo /HFT .

That's 86 trades a day !

 

430 is only 1 trade in every 4-6 minutes, not that many that you need an algo. But #2 guy made 40% more with 40 times less trades...

 

4-6 minutes is without sleeping,could be a retail trader testing his Algo.

 

Actually, no. It depends on if I account 7 or 9 hours of trading per day for a week. 8 hours : 430/40 = 11 trades per hour so a trade in every 5 minutes, can be easily done manually.