Trading Tournament strategy

[scalpmaster]

Let's say I create 8 demo accts, $100k each

Go long (use>75% total margin) N lots of HangSeng futures on 4 accts & short N lots of same Hsi futures on 4 accts.

When each of 4 winning accts hit >$110K,

Go long (use>75% total margin) N lots of HangSeng futures on 2 accts & short N lots of same Hsi futures on 2 accts.

When each of 2 winning acct hit >$120K,

Go long (use>75% total margin) N lots of HangSeng futures on 1 acct & short N lots of same Hsi futures on other acct.

$130K or 30% return is achievable within 2 weeks or less for hang seng which has a range of 500-1000+pts almost daily.

And 2 more accts which I hold all the way, one long & one short in case market is not moving sideways but trends in one direction for 2 weeks.

Any other profitable methods anyone wants to share?

 

[MandelbrotSet]

Quote from scalpmaster:

...
Any other profitable methods anyone wants to share?

LOL

 

[OddTrader]

Quote from scalpmaster:

Any other profitable methods anyone wants to share?

A full disclosure of a very effective method can be found here:

http://elitetrader.com/vb/showthread.php?threadid=116171

BTW, which bank you are working for?

 

[jsmooth]

Quote from scalpmaster:

Let's say I create 8 demo accts, $100k each

8 accounts...wtf? wouldnt you get disqualified if you're competing with 8 different accounts? If it's not real money anyways, why not just open one account and actually try to learn how to trade.