Surefire Trading Challenge

Hi everyone,

You may have already noticed that there’s been a major change on the Demo Round leaderboard since last night. This is because the account statements have started streaming in from the auditing team and traders that have not complied with the rules have been withdrawn. Check it out here:

http://www.traders-secret-library.com/sftcv3/

===============
WRONG LOT SIZES
===============

95% of all the traders that were disqualified were due to wrong lot size errors. Remember that if you have a wrong lot size alert on Arbitro, you need to restart by creating a new demo account if you want to continue in the current SFTC Demo trading competition here:

http://www.surefiretradingchallenge.com/sftcv3/leaderboard/

If you continue trading after you have exceeded the lot size, it is all in vain. You will have to restart with a new trading account or we cannot accept your entry in the next competition. Remember, the aim of the new challenge is to allow the traders with the highest gains over an EXTENDED period of time to get through to the next round.

It’s no use trading an account for 2-3 months when you have exceeded the lot size during the first week so please ensure that you have Arbitro enabled and you are authenticated! Arbitro will alert you if you have exceeded the lot size so you will know exactly when you need to restart. If in doubt, just drop us a line and we’ll be happy to help!

=================
SFTCV3 LIVE ROUND
=================

If you see your name on the leaderboard then we’ve probably been in touch with each other already. If not, then I urge you to contact me as soon as possible! There’s a $1000 LIVE account that could be yours along with any one of these great prizes if you finish in the top 10 at the end of the LIVE ROUND!

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

If you can see your account here on the link below then you’re really well placed at the moment and we might just ask you to come on board and trade one of our live accounts in the next round over the next day or so.

http://www.traders-secret-library.com/sftcv3/

============
BE PREPARED
============

If you have not completed the first four phases as yet then it’s in your best interest to do so before the weekend gets here. That way, if any higher ranked traders are eliminated and you move up into the Top 20, we will have no problem putting you through to the LIVE ROUND!

It’s all to play for now so stay tuned! Until next time…

Happy Trading
Wesley

Hi there,

The first cut is coming up at the close of NY session today and that means action! Some traders are going to be over the moon while others will come crashing back down to earth.

If you’re in the top 50 and already completed the Compliance Phase you have nothing to worry about. Just keep in touch and have fun as you go through the process.

Most traders have already breezed through the first phases with ease, but those that haven’t completed the Compliance phase will be withdrawn by tomorrow.

That means that a spot in the top 20 opens up and the trader that is next in line will get a shot at hopping on board to trade one of our $1000 live trading accounts!

So if you finished anywhere in the top 70 at the end of the Demo Trading round, there is still a chance to get your turn up at bat. If you’re next in line you’ll be hearing from me soon!

==========
Arbitro Lives!
==========

Even if you didn’t make it into a top position you can continue trading on the demo account you have been using throughout the demo round. Our crew will have the leaderboard up and running within the next couple of hours. Once we’re done, Arbitro will kick into gear and resume from where it left off.

Just remember to restart your platform and re-apply the EA if it does not authenticate straightaway.

Once you’re authenticated, you will find that your trading stats and the leaderboard are being updated once more. Then keep an eye out for our new site, it is going to blow your socks off!

I’ll send you more details as soon as we are ready to unveil the new site. I just know you are going to be blown away!

By this time tomorrow, we will cut the first batch of traders that do not make the cut, so stay tuned to see who gets knocked off the leaderboard and who rises to the challenge!

Happy Trading

Wesley Govender
Tournament Director

P.S. If you’re in the top 50, don’t stray too far from your mailbox tomorrow. Opportunity may come knocking!

P.P.S. Outside the top 50? Bought when you should have sold? Zigged when you should have zagged? No need to worry, just keep on trading! All will be revealed soon!

Hi everyone,

Just wanted to drop by and let you all know how things are progressing with our February 2010 Trading Challenge. We’re pretty much drawing to a close with the verification stages with the last few entrants being verified. The top positions are starting to take shape now and I’ll have an updated leader board ready for you to have a look at some time tomorrow.

A couple of the issues I have been having is with broker statements. It seems every broker has their own policy on the type of statements available to their clients.

Here’s a tip for those of you keen on entering the April 2010 Trading Challenge, always take a screenshot of your balance and the date/time on the first day of the month and always run a report on for the entire month on the last day of the month to ensure you have a record of your start and end balances.

When you enter remember to keep a close eye on your mailbox, your skype account and your telephone because I’ve been trying to get in touch with many finalists that just weren’t there to answer. It’s still a lot of fun though and I’m having a great time talking to some traders from some really interesting parts of the world.

If all goes according to plan you’ll get to meet them all soon

Stay tuned, I’ll have more news for you tomorrow!

Bye for now!
Wesley