Watching the markets can be a lonely endeavor. Just you. Your screens. And maybe a TV in the background.
But have you ever wondered how you stack up against other traders and investors? Well, now you can find out thanks to the Peeptrade Investor Trading Contest.
Peeptrade, a financial information and social networking platform, is aiming to eliminate the natural isolation that exists between traders by creating a platform for them to share their portfolios. Plus, we all know how competitive traders can be. The contest allows traders to actually see how they compare with each other.
The contest is a way for traders to see how they compare with each other.
So, how does it work?
Anybody who links their brokerage account to Peeptrade can enter. All you really have to do is sign up, upload your portfolio to the Peeptrade dashboard, and trade your account as you normally would.
The contest officially started on Monday, but traders can enter as late as September 9th. The trader with the highest Sharpe Ratio on November 1st will be declared the winner. The Sharpe Ratio will be calculated using the overnight Federal Funds Rate.
First place gets $3,000, second gets $2,000 and third gets $1,000. So get trading!
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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