I'm sure this has already been posted somewhere, but since I looked for it on E.T. and couldn't find it, here is a link to the trading challenge. I haven't signed up yet, but I'm thinking about it. Since there is prize money involved and it's a free competition , it becomes a zero risk opportunity to have a chance at making some actual money trading. https://www.cmegroup.com/futures_ch...mail_invite_reminder_1&utm_kxconfid=vpwpdpbbo
Good luck using their interface. Last few times they did this, their UI was God-awful. I reckon' nobody has posted it because nobody cares any more.
I suppose. But what you are going to find is that the only way to win is to max-lever on everything and get lucky, ESPECIALLY in this nutty volatility. It's not a combine like the Prop firms, it is just all out leverage war. It is not something that can ever be done in the real world because of the CME's true internal performance bond rules. But they do not enforce them during these contests, which is disingenuous. This is from my past experience in them, of course. They may have changed that since I participated. But hey, it is free to try, so no harm to see!
Prize Details Overall Leaderboard First Place Prize: $2,500 Second Place Prize: $1,750 Third Place Prize: $1,250 Asset Class Leaderboards Energy: $1,000 Equity Index: $1,000 Cryptocurrencies: $1,000 FX: $1,000 Interest Rates: $1,000 Precious Metals: $1,000
UI is too slow for scalping but the performance of the participants are incredible. No way to even reach top 50 after the first day with a 2% return. Since only an email is required, participants could create many accounts. Long half of the accounts and short the other half at max leverage until only one last most profitable account remains.
Their website has been very glitchy all day. Anybody else having phantom working orders on the main dashboard? I took screenshots of that and then the correct trading platform working orders, which shows no such phantom orders were placed. Also, my rank in one of the categories is way off, although it does show the correct amount of the trade I place. It is free...so I'm not complaining. Edit: I think the phantom working orders were cancelled orders that show cancelled correctly on the same page as the trading platform, but the main dashboard page is not recognizing them as cancelled. Shouldn't matter as long as the trading webpage stays correct.