Aug 2023

🎉Trading Competition Aug 2023 has ended. Congratulations to all the winners! 🎉

Check the result here! https://fulcrom.finance/trading-competition/

Trading Competition is back for our Fulcrom traders! 🏆

USD 10,000 worth of $FUL for the Top 20 Traders. Only the skilled traders can ride the wave and bring the prizes home. Are you ready for this challenge?

Trading Competition Details

⏳ Duration: Aug 2, 2023 9am UTC — Aug 16, 2023 9am UTC

📍 Where: https://fulcrom.finance/

💰Prize: USD 10,000 worth of $FUL for the top 20 traders on the leaderboard

📝 How to participate?

1. Connect your crypto wallet with Fulcrom Finance

2. Fund your account

• No min/max limit on how much to trade during the trading competition

• No additional entry fee or changes for you to join the competition.

3. Start trading

• Simply open position(s) of your desired pairs as usual. Both market order or limit order will be counted into your Trading Score.

• Your trading score will be earned automatically*. The more trading score you earned, the higher you rank on the leaderboard.

4. Check your performance

• Visit our leaderboard to check your rank against the other traders

*Trading score will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC.

📜 Rules

To ensure a fair trading competition for all participants, please take note of and follow the rules below:

• Only trades made during the competition period will be counted towards the trading volume competition.

• The use of bots or any attempts at market manipulation are forbidden and may result in disqualification.

• The competition organizer reserves the right to disqualify any participant who violates the competition rules.

• The competition organizer reserves the right to change the competition format, rules, or prizes at any time without prior notice.

• Participants are responsible for any tax liabilities arising from the prizes they receive.

• Fulcrom Finance reserves the right to make the final decision upon any dispute.

🧮 How is Trading Score calculated?

Below is the Trading Score formula we use for the competition. Pick your strategy to get the highest Trading Score!

Each trade PnL% = PnL before fees / collateral of each trade

Trading Score = Sum of [each trade: (PnL %) * sqrt(volume)]

For example, you performed 3 trades:

Trade 1: PnL 10% , volume 50K Trade 2: PnL -2%, volume 10K Trade 3: PnL 7%, volume 12K

Your trading score would be:

10% * sqrt(50K) — 2% * sqrt(10K) + 7% * sqrt(12k)

By using higher leverage on trades where you feel confident, you can increase your probability of winning the competition.