UPDATE POSTPONED:
Due to turmoil in the markets Ive decided to postpone the start of the contest for one week sorry for the delay.
This will give a chance for those interested to get ready.
In the mean time will run a steemit recruitment contest for 25 SBD.
Contest - Steemit Recruitment - 25 SBD - Bonus 5SBD to a random resteemer .
I've noticed many Steemians giving trading advice and guidance so i decided to make this contest to see who gives the best tips and guidance and provide a nice prize for doing so.
I will be using a point system to take account of multiple factors to try to make it fair as possible due to the amount of cryptos that have gained thousands of percentiles doesn't necessarily mean that trading advice giving is the best and tips could come from anywhere.
Points will be given on :
- General Presentation.
- Explanation of factors considered.
- Time that prices are forecast earlier will score higher, price movement already begun less.
- % gained on forecasts.
- Entry and Exit points given and accuracy of.
- Vote by other Steemians.
30 points with 5 points each category.
If anyone can think of any more factors to consider please let me know
Contest will run for a month with a prize of $5 SBD given for top each week.
Scoring will begin on Wednesday 6th September 9PM GMT (UTC 0) 3pm EST (UTC- 5).
Ranking will be posted every Wednesday with prize sent then.
Depending on amount of entries will be 1st prize only with less than 15 1st 2nd 3rd after.
$5 SBD will be given to a user who submits an entry that is in the top 3 at the finish on the 4th of October.
Disqualification and entry requirements
Accounts made after the start date or to be found to belong to the same user will not be considered.
Accounts that are found to be copying trades and information from online or other users will be disqualified.
If you have any other suggestion for rules that might make this contest fairer please let me know
If anyone would like to judge this contest with me i will accept 2 judges and pay $10SBD at contests end.
Update:
Due to interest and question on by @pjprivett and to make the contest more inclusive of fledgling traders I've decided to add another category :
Top Newcomer
Points will be given on
- Showing an understanding of indicators used.
- Accuracy of price entries/exits.
For this category entrants must have given either basic, very little or no trading analysis/tips in the past.
Prize will be $25SBD.
Winner will be chosen at the contests end so will give all users the chance to learn from the more experienced traders and try at Trading Analysis price prediction themselves.
Update 2 :
Changed explanation of indicators to General Presentation and Explanation due to suggestion by @heroic15397.
--
Update 3 :
Changed types of indicators = Explanation of factors considered.
Trades given with an early price-forecast before price movement . =Time that prices are forecast earlier will score higher, price movement already begun less.
removed, Accuracy of trades for the duration of.
added = vote by other Steemians
Upvoted and Resteemed by xx-votesplus, the dropAhead curation team!
Do you want more earnings?
By doing things above you will give us more STEEM POWER (SP) to give YOU more earnings.
Keep up the good work!
Most recent post: Moving #25_votes_plus to Discord
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Are you going to make the scoring public or just post a score?
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Scoring will be public and reasons will be giving and will be open to dispute if anyone feels are inaccurate
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Interesting contest, I'll be following closely!
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I will share this article you have...
Thanks,
@kennyroy
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Thanks for the support @kennyroy :)
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This is a fantastic contest!
Great idea, sounds very complicated but should be great for the community none the less!
Looks like you got some big boys who agree so thats promising!
I will give you a follow to see how this goes.
Best regards~*~
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Thanks @quinneaker,
I made the scoring extensive as to eliminate possibility of fraud.
For the main prize points are given also for presentation explanations so will be of some learning benefit also.
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Yes I noticed how well thought out and dynamic the contest is. I look forward to seeing it and even if it is slow for the first month I think this could turn out to be very popular in this community so stick with it!
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Yes! This sounds like an interesting contest to follow! I wish I outdo throw my hat in the ring, but alas, a novice.... upvoting and resteeming for sure! Looking forward to some awesome advice! STEEM ON!
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Thanks for the vote and resteem @pjprivett 😉
I've added another category Top Newcomer if you'd like to learn from the more experienced traders who are already giving advice on steemit or who will be entered, and try for a prize of 25SBD.
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Sounds very interesting!
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This looks like fun! Best to all the entrants!
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My sentiments exactly =)>
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Thank you for sharing this with us.. but I have a question... hmm i want to participate but since my level is low I am wondering if it is the good time for me to enter a contest... because I do not like to be disappointing if i do not win.. if you see what i mean...
I know the importance is to participate.. but what will i gain if i do not win it?
My motivation and determination is very high when I want something... thank you in advance...
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hey @dreamgirll12,
whether low or high level all can enter even if you dont win either contest you would gain some bit of knowledge in crypto and trading by participating.
It is a contest for $100 SBD not everyone will win would be nice to give all participants something but would diminish rewards and would be a giveaway not a contest.
There will be two separate contests with one as top newcomer trader for $25SBD MIN which will run a month as to give chance to learn from the experienced traders here already.
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goooooooood thank you
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I can join this.
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Yes is open to all
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Your post is fantastic. You are a Master Steemian! More People Should Follow You And Upvote Your post which has received a 50.00 % upvote from @binkley thanks to: @isacoin for verifying this quality post.
Please Upvote This Comment To Help Me Grow. When I Grow You Grow Too And I Can Verify More Posts.
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You Are An Excellent Steemian. This post has received a 16.13 % upvote from @steemthat Return the favor and SteemThat Person Back: @isacoin.
.
Please Upvote This Comment To Help Me Grow!
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Wonderful idea! I'll gladly watch from the sidelines and try to benefit from all the trading tips and advice!
May I suggest another category? General presentation. In order to give good guidance, a person needs to manage to put the info out in an easily digestible matter. I know it may be a bit of a subjective thing to evaluate, and it might not directly relate to trading, but it does have to with being a trading coach.
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Thanks for the great suggestion :)
I have added a General Presentation and Explanation.
This is exactly what i wanted the contest to be about experts competing and teaching other users at the same time.
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I have followed you on Steemit, please be kind enough to follow me as well.
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Count Me In !! :DD
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great to have you :)
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This post has received a 10.63 % upvote from @booster thanks to: @isacoin.
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Congratulations @isacoin!
Your post was mentioned in the hit parade in the following category:
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I´m joining as a newcomer :) where to sign.... great concept! will share with my weakish new account.
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hi @eythorhelgi,
great to have you,
the official sign up post will go out on Wednesday 13th September.
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