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Trading challenge
Updated: Views / Replies:3,074 / 4
Created: by Zoethecus Attachments:0

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Trading challenge

  #1 (permalink)
Membership Revoked
United States of America
Trading Experience: Advanced
Platform: NT
Posts: 1,149 since Aug 2009
Thanks: 262 given, 475 received

Trading challenge

As an advocate and believer of the superiority of ATS (automated trading systems) over discretionary trading, I propose a challenge whereby all interested discretionary traders enter the competition against one of my systems. The winner simply gets bragging rights and no money changes hands--I don't want to violate any local jurisdiction wagering or gambling laws.

Here are the ground rules. Please add any comments to improve this idea.

A) All participants must register their "system" with Collective2--pay the fee--and post the appropriate link so the public can see those results. The equity funding for the account wil be $25,000. All systems will trade one contract only. There shall be no C2 subscription fees offered to the public while the challenge is in effect.

B) The challenge will run for 180 days, at which time the final results as posted by C2 will determine the winner.

C) Any and all disputes will be decided by Big Mike in his sole discretion and not subject to further review.

Last edited by Big Mike; July 30th, 2010 at 04:37 AM. Reason: moved from Feedback to TH
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  #2 (permalink)
Elite Member
las vegas
Trading Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received

I don't understand, do you want us to trade live and post the results or trade a sim account through C2?

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  #3 (permalink)
Elite Member
Italy - Roma
Trading Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: Index futures
jagui's Avatar
Posts: 195 since Jul 2010
Thanks: 248 given, 278 received

Sorry zoethecus, I think this is completely useless.
What we could gain from it as traders? Nothing.
This would be a wrong target for a trader: to prove he is right on something.
Trading style is, and will always be, a personal thing.
I'm fine with discretionary, you're fine with sistematic, that's good, as long as we both gain.

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  #4 (permalink)
Taipei Taiwan
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
Posts: 693 since Jun 2009
Thanks: 440 given, 445 received

Zoethecus View Post
The winner simply gets bragging rights and no money changes hands.

One should trade to make money, not bragging rights.

The biggest traders I know don't care what other people think. Or that anyone even knows they are traders.

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The following user says Thank You to traderwerks for this post:
  #5 (permalink)
Elite Member
Sydney / Australia
Trading Experience: Intermediate
Platform: NT
Broker/Data: AMP
Favorite Futures: Oil
Posts: 118 since Jun 2009
Thanks: 128 given, 103 received

Im up for it Zoethecus!

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