counter_violent
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Here are some numbers from the competition table folks.
League Table sorted in order of Running Total for the year.
View attachment 319423
Quick reminder, there is a $50 Amazon Voucher price money for the winner of each quarter.
Also, $100 for the final end of year podium winners, to be split in $50:$30:$20 ratios for 1st, 2nd and 3rd position in points.
Where there is a draw then the difference in gold medals will decide the winning positions.
We decided to pay all winnings at the end of the year. The annual $300 prize money is awarded by T2W.
This competition is to improve consistency in getting the trend right and forecasting trading ranges and market closing prices. Forecasting, recording and looking at these numbers over a good many years, I can sincerely state it has changed my view helping me trade better too.
I look ahead to what news announcements are in the pipeline and in particular observe trends and I favour Pivot Points a lot, picking closing levels based on PPs. PPs are also great S/R levels for turning points.
Sometimes I wonder why we don't have more bloggers forecasting?
Perhaps the answer is that it requires discipline and consistency. To be motivated enough to put the effort in. There is public humiliation too as CV and I know too well. It's all in the best possible taste, so ignore the tit-for-tats as CV is great most of the time. 😁
Anyhow, this competition is not about the money but more about learning to get trends and consistency right. Hence, the little prize money is only for those who can stay the course.
Hi Att,
minor detail, but 2_bit forecast direction was down, market went up, therefore they should be -1
Barjon CC and Cav seem to have dropped off the radar. Is it worth a PM to rally the comp troops?