$80,000 prize for 2nd place in the Tradeify Grand Cup
Author shares experience of winning 2nd place and $80k in the Tradeify Grand Cup futures trading competition, emphasizing capital preservation.
Hey everyone,
Just wanted to share my recent win. I placed 2nd today in the Tradeify Grand Cup.
There was a qualification stage that had about 65,000 total participant entries. The top 1000 people were able to move forward to the bracket stage. Stage 2 was 10 rounds with half the participants getting eliminated every day. Everyday started with 50k simulated funds and we were allowed to trade futures 1v1 against our opponent. The balances updated 4x a day so you weren't always able to see how your competitor was doing. Most of my days were won by preserving capital and my opponent ended up with a major loss. If there is one lesson to take away from this competition it's how important sizing properly is and making sure you preserve your capital.
ask me anything if you're curious

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