The competition will take place over 1 month, there will be two batches of prizes:
- First batch: 3 Nov to 16 Nov
- Second batch: 17 Nov to 30 Nov
There will also be two categories of prizes:
- Highest Percentage PnL for a single trade
- Highest Cumulative Percentage PnL
Percentage PnL is defined as (profit or loss) / (collateral) * 100%
To qualify:
- The collateral for the trade must be at least $100
- The trade must be opened and closed within the competition date range
- Participants must claim their profile on the GMX leaderboard, share the trade on Twitter, like and re-tweet the competition tweet
Prizes for each batch:
- 1st Highest Profit or Loss: $2000 each
- 2nd Highest Profit or Loss: $1000 each
- 3rd Highest Profit or Loss: $500
- 4th-20th Highest Profit or Loss: $100
Total prizes: (2000 + 1000 + 500 + 17 * 100) * 4 = 20,800
Cumulative Percentage PnL is defined as the sum of your trade percentage PnLs.
For example, if you close your first trade with a Percentage PnL of 20% and close your second trade with a Percentage PnL of -5%, your Cumulative Percentage PnL would be 15%.
To qualify:
- Only trades opened and closed within the competition date range and with a collateral of at least $1000 will count towards the cumulative percentage
- Participants must claim their profile on the GMX leaderboard, share their trading profile on Twitter, like and re-tweet the competition tweet
Prizes for each batch:
- 1st Highest or Lowest Percentage: $25,000 each
- 2nd Highest or Lowest Percentage: $10,000 each
- 3rd Highest or Lowest Percentage: $5000 each
- 4th-20th Highest or Lowest Percentage: $1000 each
Total prizes: (25,000 + 10,000 + 5000 + 17 * 1000) * 4 = 228,000