TEP 5-Days Trading Challenge – Season 2 (partnered w/ eToro)

Oct 22, 2020 Promos, TeP Education
In Partnership with eToro!

Timelines:

Start – Monday November 2, 2020 @ 9:00 PM
End – Saturday December 12, 2020 @ 4:00 AM

Awarding – Every Sunday of each week.

So since this will be a weekly challenge, every week we will start counting the trades from 10:30 PM Monday to 5:00 AM Saturday.

Timezone is +8 GMT (Manila Time)

Week over Week Ranking:
Week 1 (done): https://tmeph.com/week-1-trading-challenge-season-2/
Week 2 (done): https://tmeph.com/week-2-trading-challenge-season-2-nov-9-13-2020/
Week 3 (done): https://tmeph.com/week3-trading-challenge-season-2-nov-16-20-2020/
Week 4 (done): https://tmeph.com/week-4-trading-challenge-season-2-nov-23-27-2020/
Week 5 (ongoing): https://tmeph.com/week-5-trading-challenge-season-2-nov-30-dec-04-2020/

Prizes:

Beginner Weekly Total Prize Pool: PHP 10,000
Total Weekly Winners: 5

1st – PHP 4,000.00
2nd – PHP 2,500.00
3rd – PHP 1,500.00
4th & 5th – PHP 1,000.00

Advanced Weekly Total Prize Pool: PHP 20,000
Total Weekly Winners: 5

1st – PHP 9,000.00
2nd – PHP 4,000.00
3rd – PHP 3,000.00
4th & 5th – PHP 2,000.00

Mechanics:

1. The challenger must have an active eToro account registered under our link, funded and ready to trade.

2. Advanced traders are required to be registered in eToro for at least 3 months.

  • You can only join one category.

3. Your account name and trading activity must be public (both set to YES – https://www.etoro.com/settings/privacy).

4. You can trade stocks, Commodities, Crypto, Currencies, ETFs, and  Indices.

5. Allowed maximum trade (closed) per day is 10. This is based on US Trading Day EST – currently between 9:30 AM to 4:00 PM or 10:30 PM to 5:00 AM. Those who will break the limit will be auto disqualified. (No over-trading)

6. The max leverage allowed is x10 only. Those who will break the limit will be auto disqualified for the week.

7. We will count only the “Percentage %” gained on the closed manual trades (not counting CopyTrade transactions) based on trading history at the closing bell. Traders can trade any amount at their own RISK. Please always exercise due diligence. Your capital is at risk.

8. Any open position before Day 1, will not be counted.

9. We will try our very best to share updates from Day 1 to Day 5. They will be posted on our Discord and Facebook Group.

10. Participants are limited to 100 per Challenge.

11. In the event of a tie, the trader with the lower risk score will be the winner.

12. Top 3 winners of this challenge will no longer be allowed to participate in the following challenges. Yes, we will have more of this later.

13. Once you’re registered, you don’t have to do it again. Your account will automatically be part of the following challenges (there will be 6 weeks total).

(Rules below were added November 17, 2020 local time)
14. SOA (Statement of Account) should be sent on or before Sunday 11PM (local time) so that the whole Saturday logs will be included. So for example, your SOA date range for Week 3 should be: November 16 to 21, 2020. Send it to [email protected], email subject: ETORO SOA – WEEK # (depends on the week) – <USERNAME HERE>

Either you're on the top 5 list or NOT, you should send your SOA as there could be disqualifications and you could be the new winners. Just look at Week 2 winners! Sayang! https://tmeph.com/congratulations-to-our-week-2-trading-challenge-s2-winners/

15. DISPUTES should be sent thru PM (private message in Discord) to me on or before Tuesday 11PM (local time) of the following week. Anything sent after that will be ignored.

16. Prizes will be processed within the week. PM me in Discord if I missed yours or you are having issues, please don’t post it #trading-challenge as it could get covered and I will miss it.

Registration is OPEN:

From October 22, 2020, to November 30, 2020 (extended from November 1, 2020)

To join the 5-Days Trading Challenge, please register using the form below. If the registration form below does not work, please use this link.

By Jed

Leave a Reply

Your email address will not be published. Required fields are marked *