Re: Competition Prizes for 2014-QTR-2
Hi Everyone,
After several years good participation by regular members posting quality forecasts, S&P Cash Weekly Competition has built up quite a fan-club following.
I am delighted to announce T2W organisers have generously agreed to prizes, sponsoring our competition. Thank you T2W
As of this quarter, the following prizes in Amazon Vouchers will be distributed to the winners of each quarter.
1. $50 for Quarterly winner in 1st place for March / June / September
2. $100 for the end of year over-all points winners the prize money will be distributed in 50:30:20 ratios
1st place - $50
2nd place - $30
3rd place - $20
3. If an average wins, then prize money will be rolled forward until a human contestant wins in subsequent quarter. ie., As in this quarter nobody gets the $50. However, next quarter 2014-QTR-2 (end of June) one winner will have a prize money worth $100.
4. Prizes can only be rolled forward until the end of the year, when if an Average still takes the top podium spot, then built up pot monies will be distributed in the above ratios 50:30:20 to human contestants highest in the league table based on points.
5. Where there is a draw on points, then number of games played will be considered. If still equal then number of medals won in order of gold / silver / bronze will be used in picking out the winners.
I hope that's clear guys, trying to cover all angles to save any issues later. Like to add, this is still a competition run and managed by the members - 'us', and sponsored by T2W with prizes. Will discuss anything of issue in our usual fashion and Pat, competition founder and judge on point rules, can weigh pros & cons and guide us as appropriate.
We hope the prizes will encourage more spritely debate and that people will post charts and comments on their approach & systems.
I hope the S&P500 competition forecasting become sharper and more focused, raising the competitive spirit in us in reaching out to grab a part of the big cheese (had to get cheese in there somewhere)
Look forward to your comments and any questions you may have...
Wishing you all good prosperous trading and forecasting for 2014-QTR-2.