Trading Tournament strategy

Discussion in 'Trading' started by scalpmaster, Jan 31, 2008.

  1. Let's say I create 8 demo accts, $100k each

    Go long (use>75% total margin) N lots of HangSeng futures on 4 accts & short N lots of same Hsi futures on 4 accts.

    When each of 4 winning accts hit >$110K,

    Go long (use>75% total margin) N lots of HangSeng futures on 2 accts & short N lots of same Hsi futures on 2 accts.

    When each of 2 winning acct hit >$120K,

    Go long (use>75% total margin) N lots of HangSeng futures on 1 acct & short N lots of same Hsi futures on other acct.

    $130K or 30% return is achievable within 2 weeks or less for hang seng which has a range of 500-1000+pts almost daily.

    And 2 more accts which I hold all the way, one long & one short in case market is not moving sideways but trends in one direction for 2 weeks.

    Any other profitable methods anyone wants to share?
     
  2. LOL
     
  3. jsmooth

    jsmooth

    8 accounts...wtf? wouldnt you get disqualified if you're competing with 8 different accounts? If it's not real money anyways, why not just open one account and actually try to learn how to trade.