w00t! IB Trading Olympiad begins

Looks like IB has posted the rankings thus far...

You said your name is " Raleigh Cross" correct?

I do not see you listed in these rankings.

However, I do see someone with +41k already.. and a few around the 20's range..... Incredible...... I can't wait to see the results in 7 weeks from now...
 
I knew it was BS... ;)

Anyway, good to see the standings... come on my $50K!!!

i hope to be #1 next week.

you know, buying a gallardo at 18 would be so tight...
 
3rd place.. not too shabby.. congrats... do you feel your strategy is performing the way it should, or did you expect to be up more or less at this point?
 
Quote from frostengine:


However, I do see someone with +41k already.. and a few around the 20's range..... Incredible...... I can't wait to see the results in 7 weeks from now...
More...

You have to take into account the leverage they could be using (one quoted 20:1 in FX). With 100k simulated, a system could trade nearly 50 crude contracts (or hold 24 overnight). Far too risky to do with real money, but might as well swing for the fences. That's $50k for every dollar swing in crude (and we've already seen more than that today).
 
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