Jul 07 2008
Macquarie Warrant Hotshot Contest
Macquarie has just launched their 2nd Macquarie Warrant Hotshot Competition. This stimulated live warrants trading contest starts on 14th July 2008 and will run for a period of 8 weeks.
There are four categories you can sign up and compete in:
- Dealers
- Investors
- Media
- Students
Each group of participants will compete for the weekly prize of $200 and category prize of $3000. There will also be a grand hotshot prize of $20,000 for the overall winner.
Click on this link to register for the competition.
Generally speaking, trading for a competition requires a different set of strategy compared to trading your own portfolio.
In the former, the aim is to generate the highest possible percentage gains (in a short time) while taking on the corresponding downside risk.
In the latter, consistency of gains over time is much more important.
