Grand Cup
Im surprised there's not more chat about this how's everyone feeling about it? Here's been my experience:
I didnt touch till day 2, wasnt going to participate but end of day 1 I finished trading my accounts and said "why not?"
Having alot of fun but not sure at the moment its reflecting skill as much as one would hope. To get in top 1000 you need 10k profit at this point, doing so in a couple days is gambling, but thats the game here.
I think round 2 will be a lot more interesting, I expect a lot will win with almost no profit, I'm betting a lot of the guys who will get there took a lot of risk and bought back in a few times, which I don't think will work well round 2.
I doubt ill make it to round 2, I'm up 5500 now and doubt ill make top 1000, unless I go big and get lucky, which I will if I'm not close friday. Kinda hoping a lot of those will get greedy and blow up in next day or 2 thinning out the big balances.
Overall its a nice distraction for the dead time in between serious trading, I can't really copy trade with it because the risk id take with my fundeds wouldn't add up anywhere near what it'll take to make top 1000.
I'm a little nervous about accidentally hedging, not sure if hedge rule applies to world cup account traded along funded accounts, but not gonna risk it.
Next year I think qualifiers should have trailing drawdown that never locks, this would thin out some of the gambling.