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Dowser
Hello chaps 2440 for me please
Hello chaps 2440 for me please
ive set the a reminder on my phone to remind me its sunday.....Ill definitely have my forecast in tonight...
Welcome to Quarter 3 - SPX 500 Competition all you wonderful and delightful forecasters with extraordinaire qualities. Unique bunch of rare and most disciplined traders that we are.
Also, would like to take this opportunity and welcome our two new forecasters Cbrads and 4xis2ez. :clap::clap:
On the subject, I was reflecting over the weekend why there aren't more entrants. It dawned on me that trading is indeed a lot of hard work and discipline that entails routine, thought, preparation and follow through. Attaining consistency is hard work.
I then realised that's probably why newbies after little work or no effort, demand great high rewards and ultimately fail. Guessing many turn nose up at having to put so much time and effort over 12-13 week period to attain a podium finish and scoff at the small probability of winning $100 prize voucher.
In contrast the hard core traders here know it's a different story. Following and tracking the market and building, tweaking inputs and numbers to achieve that ultimate proximity to weekly close.
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I like your comment. If I can get direction right most of the time for the week, I may try weekly binary options on indices. (Nadex)I have to say that I never traded the s&p before I started this competition and I used it as a way to learn before putting real money down.
If your doing a 9-5 and you want to be a trader instead, then try this competition for 12 months it will disabuse you of any thoughts of being superior to the average trader and probably save you a LOT of money.
You will NEVER master the s&p! (Though you may learn enough to make a few dollars on the side ).
34.5 points in 2 days sacré bleu impossible.
34.5 points in 2 days sacré bleu impossible.