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tisdag 1 mars 2011

Surefire Trading Systems

Surefire Trading Systems

Do You Have What It Takes To Beat Hulk Hogan (now 6th position) In This Contest That Is Completely Free Of Fees ?

Surefire Trading Challenge V4 Rules

Round 1: Registration 28 February 2011
Round 2: Demo 15 March 2011 to 15th April 2011
Round 3: Live 3 May 2011 to 3 June 2011

1. Prize Money

Prizes will be allocated to the Top 10 finalists of Live Round 3, that comply with rules, only. No prizes are awarded to Demo Round 2.

1st Place $ 10,000
2nd Place $ 5,000
3rd Place $ 3,000
4th Place $ 2,000
5th Place $ 1,000
6th Place $ 500
7th Place $ 300
8th Place $ 100
9th Place $ 100
10th Place $ 100

2.a. There will be three rounds to the competition. The 1st round will start on the 28 February 2011 enabling entrants to register. In this round, all potential competitors must register to enter the competition in order to progress to Round 2. The 2nd round will start on the 15 March 2011 and end on the 15th April 2011. This is the Demo round of the competition.

2.b. Previous winners of any cash prize at any stage in any other Surefire Trading Challenge, are not eligible to take part in this competition (SFTCV4). The organiser's decision(s) on whether such person or others can partake based on their submitted system, method, strategy or EA shall be final at all times.

3. The 3rd round will start on the 3rd May 2011 and end on the 3rd June 2011. The top 20 traders from the demo round will qualify to take part in the 3rd round.

a. Each demo account will start with $1,000.
b. The maximum lot size permitted, including all open positions, is 0.5.
c. The leverage to be used is 1:500.
d. The maximum Drawdown permitted on the account for any trade or collection of trades is 49% of the account balance. Any higher percentage will result in disqualification. The organiser’s software will close all open orders on the account/platform at the point that 50% Drawdown occurs or is exceeded. Alternatively the organisers may manually close the orders and disqualify the participant.
e. All open positions must be closed on the last day of round 2.

An Expert Advisor will be provided that will display what you can trade.


Below is the schedule of activities for the SFTC V4. Please note however, that though these dates have been set, they are still subject to change according to the organizer’s discretion.

Round 1: Registration 28 February 2011
Round 2: Demo 15 March 2011 to 15th April 2011
Round 3: Live 3 May 2011 to 3 June 2011

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