Welcome to an exhilarating opportunity presented by TradingView – a paper trading competition that not only tests your trading acumen but also offers a chance to win substantial cash prizes, totaling $10,000, without risking a dime of your real money. This competition is a golden ticket for both seasoned traders and novices alike to showcase their trading strategies, refine their skills, and possibly bag a hefty reward.
The Ultimate Trading Challenge
Imagine stepping into the trading arena with a virtual $250,000 in your account, ready to battle it out for 30 days. The challenge? To outperform your peers and secure a spot among the top 5 traders. With cash prizes of $10,000, $5,000, $3,000, $2,000, and $1,000 up for grabs, the stakes are high, and the competition fierce.
But that’s not all. Every participant who ends the competition in profit won’t walk away empty-handed – they’ll receive a month of TradingView subscription for free. A win-win situation, wouldn’t you say?
How to Join the Fray
Entering the competition is straightforward. Navigate to the competition page on TradingView and hit the “Join the competition” button. After confirming your registration, you’ll gain access to a special paper trading account created exclusively for this contest.
Remember, every participant starts on equal footing with a $250,000 balance and a uniform commission rate of 0.02%. However, to qualify for a prize, ensure you make at least one trade per day for 10 days throughout the competition and maintain an active paid TradingView plan by its conclusion.
Key Dates and Details
Mark your calendars! The competition kicks off on March 1 at 06:00 UTC and concludes on March 31 at 23:59 UTC. Stay alert for the starting signal to maximize your trading time.
Eligibility criteria are clear: you must possess an active TradingView paid plan purchased no later than 30 days before the registration start date (February 5, 2024). Free or trial subscriptions won’t cut it for this contest.
Trading Instruments and Conditions
Your trading arsenal for the competition includes a select range of instruments:
- EURUSD, SPX500USD, BTCUSD, and XAUUSD, with specific maximum position sizes to ensure fair play.
The competition emphasizes simulated trading, meaning no real funds are at stake. Trades are restricted to the aforementioned instruments, and any attempt to exceed the maximum position size will lead to order rejection.
Prize Eligibility and Distribution
To qualify for cash prizes, you must rank among the top five traders based on the highest profits. Additionally, earning at least 1% profit on your competition account secures you a free month of TradingView subscription. Keep in mind, prizes and subscriptions are only awarded to those with an active paid plan at the competition’s end.
This TradingView paper trading competition is not just a contest; it’s an opportunity to learn, grow, and potentially earn. Whether you’re a trading veteran or a newcomer eager to test the waters, this competition offers a risk-free platform to enhance your skills and maybe even earn rewards in the process.
So, are you ready to take the leap and trade your way to the top? Join the competition, embrace the challenge, and you could be the one walking away with $10,000 in your pocket. Happy trading!