New Contest and Prizing Format!
The new contest starts Tuesday, September 2nd, right after Labor Day. We are moving to a perpetual contest format where your portfolios NEVER get erased. Prizes are awarded based upon percentage gains rather than absolute dollar gains.
So, after the current contest ends on Friday, August 29th, your contest portfolio will not not change or be reset. You will be able to continue to trade through the Labor day weekend and your trades will get filled at Market open on Sept 2nd.
The new prizing structure features Monthly, Weekly, Daily prizes and a brand NEW Loyalty Points prize! Every Week and Month, a new contest will start and you will be able to see how you stack up in each category on the Leader board.
Every month we will give away over $20,000 in cash and prizes to more than 200 Survivors! Here is the breakdown:
Monthly Trader Prizes
(more than 15 Trades/month):
| 1st Place | $ 6,000 (Trip to Mexico for 2 or $1,500 Cash) |
| 2nd Place | $ 750 |
| 3rd Place | $ 500 |
| 4th Place | $ 300 |
| 5th Place | $ 100 |
| 6th Place | $ 75 |
| 7th Place | $ 50 |
| 8th Place | $ 40 |
| 9th Place | $ 30 |
| 10th Place | $ 25 |
| 11th-50th Place | $ 15 |
Monthly Investor Prizes
(15 trades or less/month):
| 1st Place | $ 1,500 |
| 2nd Place | $ 750 |
| 3rd Place | $ 500 |
| 4th Place | $ 300 |
| 5th Place | $ 100 |
| 6th Place | $ 75 |
| 7th Place | $ 50 |
| 8th Place | $ 40 |
| 9th Place | $ 30 |
| 10th Place | $ 25 |
| 11th-50th Place | $ 15 |
We are keeping the Investor/Trader distinction. The new limit will be 15 trades per month. If you make more than 15, you are a Trader.
Weekly Prizes
(overall):
| 1st Place | $ 500 |
| 2nd Place | $ 300 |
| 3rd Place | $ 200 |
| 4th Place | $ 100 |
| 5th Place | $ 75 |
| 6th Place | $ 50 |
| 7th Place | $ 40 |
| 8th Place | $ 30 |
| 9th Place | $ 20 |
| 10th Place | $ 15 |
Daily Random Prize
Given to anyone who places a Trade that day: $50
New Loyalty Points Prize!
New for this contest, we will give $1,500 every month to the Survivor who earns the most Loyalty Points that month (not the Survivor with the most Loylaty Points overall).
