Any decent trading contests out there?

lycos finance

http://maxinvest.finance.lycos.com/index.php

$3k each month first place, $2k second, $1k third.

$500 each week for largest % gain that week.

free entry, start with $200k, long only, no commissions, stocks $5 and up, no more than 25% of portfolio in one stock, 20 or 30 minute delay on executed orders.

looking at past winners, you have a really good chance of winning if you can turn that 200k into 350k-400k. leader this month is at 282k.

seems reasonable to me.. sounds like a good way for a budding swing trader to test their skillz.
 
Quote from CaroKann:

http://pfgbest.com/dow/contest_standings.asp

Top guy has apparently beaten Larry Williams record, in less than a month no less! Using Dow futures anyway. Does it have to be real money?

Of course it has to be real money! Its completely different when its real. How many people paper trade effectively first, and then lose when actaully trading real money. I would say most.

Jay
 
Quote from CaroKann:

My name is not Carol.

And there are only 150 monkeys in that room.


CaroKann (got it right this time) , all you need is 150 monkeys playing with fake money and some short term volitility. Instant genius.

Hey, the guy might be a superstar, but I wouldn't bet on it from such a small sample.
 
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