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Dukascopy: Trader Contest with $16000 Monthly Prize Fund
Dukascopy Bank offers the opportunity to dive into a competitive atmosphere and to participate in exciting discussions with traders.
Before starting trading in the Contest it is recommended to read the Philosophy of the Contest. To win the Trader contest a participant needs to achieve the following goals:
To reach the maximum profit within 1 month with the maximum loss limit of 100’000 USD.
To attract other traders to copy trades generated by the contestant’s trading strategies by showing them outstanding quality of trading.
Additionally Dukascopy expects from participants:
To show long-term consistent trading results (6 and 12 months respective).
To explain the idea of the trading strategy and the decision behind each action to other traders.
The Trader Contest should be considered as trading within the monthly limit of 100,000 US dollars renewable each month. The loss of all funds during the contest month should be considered as loss of monthly limit rather than loss of all funds on regular trading account.
One of the contest’s goals is to attract other traders to copy participant’s trades. Number of subscribers is an important factor to win the prize.