IB College Olympiad $100,000 Winner Announced

One thing to make clear is that the strategy description one gives to IB is not to the level of detail that “they” have anything of use and will trade in front of your orders in the future. I predominantly trade pullback strategies so I probably wrote something like “looking to enter futures or equity instruments after a substantial pullback from their trend and hold for one to ten days”. I don’t think IB or any one reading this board is going to take away my “secret strategy” for making 100% per month from the above statement.

Also anyone who has some trading experience knows there is no strategy to produce 100% monthly results in a consistent manner. However, there could be one strategy that will produce these results in a particular month, so the challenge is really which rocket ship to ride this month….
:D
 
Quote from Pekelo:

Entering was actually very prohibitive:

You had to be not just a student but a student of business or computing. You had to have not just a winning strategy but you had to be able to program that strategy.

And seriously, if you have a program that makes 2-300% annually, would you give it away for 50K or less?
(since you don't know where you will finish in the competition)
IB can be very happy with only 4-5 people if their programs work. They got their programs for dirt cheap...

I really doubt that most of the winning strategies are sustainable, as gusy pointed out. They could have bet the farm and shorted NEW and LEND for all we know... One of the winners last year said he tried to create a NN estimator but gave up and bet his entire account on GOOG (the day before it was added to the S&P).
 
notice what was bold...do not misquote me please....

Quote from subban:

No, I was'nt being insulting or argumentative. Just suggested some advice. A list of John Doe's does'nt mean anything to me.
 
Quote from subban:

It would have been more interesting if you posted what college these kids go to along with their name. This would prove you don't have to go to an Ivy league school to know how to trade.

done
 
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