CME "Trade Against a Pro" Trading Challenge - December 8th Sunday - 13th Friday

[schizo]

Trader number 2 is two different people based on your screenshots you provided.

Oops, my bad.

But really, even if it's unrealized, it's NOT possible you could have made $7k in less than 45 minutes into the open. That would be approximately 14 ES points with 10 lots and s/he's only made 3 trades. The RANGE at that time for ES was like 2 points. There's no frigging way this is possible.

 

[Overnight]

Oops, my bad.

But really, even if it's unrealized, it's NOT possible you could have made $7k in less than 45 minutes into the open. That would be approximately 14 ES points with 10 lots and s/he's only made 3 trades. The RANGE at that time for ES was like 2 points. There's no frigging way this is possible.

What did GC do in that time frame?

 

[schizo]

What did GC do in that time frame?

GC moves in exact polar opposite to ES. ES was "tightly" rangebound for the first 45 minutes. Hence, GC also tightly rangebound. Why not look at it yourself?

 

[wrbtrader]

What a really effed-up order system they've implemented. On the practice simulator, they only asked that you "confirm" the order before sending. Now, they want you to "Update Your Trade Log for Your Order" on every order. Like WTF??

What a pain in the ass. Also you can't trade more than 10 lots on ES, which means if you plan on flipping trades, you can only trade 5 lot increments.

Who trades like this? This really is stupidity par excellence.

Already stated by others which is why I stated you need to practice on the crappy trade execution platform prior to competing in the trading challenges.

Yet, someone said the CME Group platform is based upon TradingView platform. If so, I'll never use tradingview platform to place any real money trades.

Also, I think the CME Group should have warn participants in the trading challenge about the nuances of their platform being used so that you don't feel like a Blue Fin tuna being tossed into the sea with swarming sharks.

wrbtrader

 

[schizo]

Anyway, enough of my bitching. But this competition is labeled as
"Trade Against a Pro". Are the pros also using the same simulator as us? I doubt it. What kind of crap is this? What is CME's exact objective in all this? They offer the worst order platform in history and they lie about their scoreboard.

 

[wrbtrader]

Anyway, enough of my bitching. But this competition is labeled as
"Trade Against a Pro". Are the pros also using the same simulator as us? I doubt it. What kind of crap is this? What is CME's exact objective in all this? They offer the worst order platform in history and they lie about their scoreboard.

Everyone is on the same platform. Thus, even playing field...everybody using the same awkward platform but I wouldn't be surprise if some computer geek about platforms has created something to execute orders more efficiently in that platform.

wrbtrader

 

[schizo]

Already stated by others which is why I stated you need to practice on the crappy trade execution platform prior to competing in the trading challenges.

I have done that. The practice simulator was pretty awful, but this one is truly hideous. Unless you press OK on the "Trade Log", your orders sit idle. So it takes nearly 30 seconds or more to send an order. Imagine if you need to flip a order. You need to repeat that twice. Just a nightmare.

Yet, someone said the CME Group platform is based upon TradingView platform. If so, I'll never use tradingview platform to place any real money trades.

That was actually me. In honesty, TradingView is like apples to oranges to this crappy thing. There's no comparison.

 

[schizo]

Everyone is on the same platform. Thus, even playing field...everybody using the same awkward platform but I wouldn't be surprise if some computer geek about platforms has created something to execute orders more efficiently in that platform.

wrbtrader

That would make sense had they traded a large number of trades. But 7K with just 3 trades in 45 minutes when ES is pretty much rangebound, there's no way that could be true.

Anyway, that's enough from me.

 

[tiddlywinks]

A two point range in ES and GC and he's made >7K?

Unlike ES, GC has a different start time in Asia, no??

 

[Overnight]

GC moves in exact polar opposite to ES. ES was "tightly" rangebound for the first 45 minutes. Hence, GC also tightly rangebound. Why not look at it yourself?

Because On Sunday evenings, I do not have my trading machine up for the most part. Today was no exception. But I could prolly find a place where the data would fit the profits.

Why don't YOU look it up? Not to mention, the options do not differentiate from the futures on their crappy leaderboard. Maybe he did some crazy options trade?