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Big Mike Challenge 3 - Win $750 in prizes


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Big Mike Challenge 3 - Win $750 in prizes

  #1 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,539

Announcing the new Big Mike Challenge contest! Starts March 1, 2012 - ends March 31, 2012.

The contest will be based on Trading Journals. The point of this contest is to encourage members to create trading journals, and to reward those with the best journals (which will in turn help more members on the site improve their own trading).



I will be giving away five prizes totaling $750, as follows:
  • First place winner: $250 gift card from Amazon.com
  • Second place winner: $200 gift card from Amazon.com
  • Third place winner: $150 gift card from Amazon.com
  • Fourth place winner: $100 gift card from Amazon.com
  • Fifth place winner: $50 gift card from Amazon.com



To be eligible:
  • Be a current nexusfi.com (formerly BMT) member as of March 1st 2012.
  • Have a Trading Journal on nexusfi.com (formerly BMT). Regular or Elite section, up to you.
  • If you are posting in a non-journal section on the forum, and you want your thread to still be considered as a journal, no problem. Just post a link to your thread in this thread, and I will make sure it appears on the voting selection so long as you meet all the other requirements.
  • Make one post per day, every day, Mon-Fri, in your trading journal for the entire month of March.
  • Majority of your posts at minimum must contain at least one screen shot or video (youtube, etc) of your trades (sim or cash).
  • You need to regularly post a summary of your trading day, like a description of trades and how you did for the day, your strengths and weaknesses, etc. There must be some content in the post.
  • The post must be made on nexusfi.com (formerly BMT), not a link to your blog or other off-site location. You can post the summary content on nexusfi.com (formerly BMT) but embed a YouTube video, that is fine.
  • You must post pretty much every single day to the journal. Don't skip a few days and then post all at once.
  • You must answer peoples questions as much as possible. No "secret sauce" journals.

The winners will be chosen by a public voting poll comprised of the members on nexusfi.com (formerly BMT). Big Mike has the final say in all decisions and will act as tie-breaker if needed.

The voters will be directed to only consider the posts made within the March time frame, and to not consider the length of the journal or the content within the journal prior to March 1st. This is to keep everything as fair as possible and to only judge based on an equal amount of opportunity to make posts.

If you want to make a prize substitution, you can work it out with me at the end of the contest. I don't have a problem so long as it is simple to award the prize to you, or to make a donation to your charity of choice, etc.

Tip


Please do me a favor and encourage all your trading buddies to start a journal. Please post this on Twitter, Facebook, or on other trading sites (keeping within their rules and guidelines).




Remember to start your journal no later than March 1st! I will come back on March 1st and make a list of the eligible threads.

Mike

EDIT: APRIL 20 2012

The winners have been announced:

Post details:


Voting results:


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  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,539

Comments?

Mike

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Thanked by:
  #3 (permalink)
 
JEHs's Avatar
 JEHs 
Minneapolis, Minnesota, United States
 
Experience: Intermediate
Trading: MNQ, QQQ
Posts: 271 since Aug 2010
Thanks Given: 312
Thanks Received: 417



Big Mike View Post
Comments?

Mike

Sounds like a good time.
If I happen to post every day in March you can count me in.

You can get help from teachers, but you are going to have to learn a lot by yourself, sitting alone in a room.
Dr. Seuss
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  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,539


JEHs View Post
Sounds like a good time.
If I happen to post every day in March you can count me in.

You can skip a day here and there, but don't skip too many.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
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Lifetime Elite Membership: Sign-up for only $149 USD
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Report problems with the site: Using the NexusFi changelog thread
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Thanked by:
  #5 (permalink)
 
worldwary's Avatar
 worldwary 
Williamsburg, VA
 
Experience: Intermediate
Platform: ThinkorSwim
Trading: Stocks
Posts: 522 since Mar 2010
Thanks Given: 259
Thanks Received: 791

Good idea, look forward to reading all the journal entries!

Do we need to identify our journals in this thread to be eligible?

-----------------------------------------------------

"If you must forecast, forecast often."

-- Edgar Fiedler
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  #6 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748

I don't really mind a contest as doing a journal here has helped me immensely already. Though I agree it's a great idea and could spark more interest into doing a journal and help others like I was, initially anxious and uncomfortable or unmotivated, then found I liked or got hooked into it. I feel the journal category in a way has an effect of simulating a virtual prop firm in some small way in that the multiple journals are kind of like a team effort of mutual parallel endeavor with some degree of sharing, yet each is also working on their individual goals. And this is the best place to do a journal on the web.

Visit my NexusFi Trade Journal Reply With Quote
  #7 (permalink)
mcadvdsgn
Rockwall, tx
 
Posts: 3 since Jan 2012
Thanks Given: 1
Thanks Received: 2

Have not done a journal before but after reading Big Mike's praise of his journal experience I think it is time. I have been "trying" to read Al Brooks book on trading price action trends, reading up on the forum postings and will use the journal to track my progress (or lack of progress). Aught to be fun.

Thanks. big mike, for the opportunity to grow.

Reply With Quote
  #8 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,539


worldwary View Post
Good idea, look forward to reading all the journal entries!

Do we need to identify our journals in this thread to be eligible?

On March 1st, I'll gather up all eligible threads and make a list here. You are free to post a link as well here before then.

The main reason you need to post a link is if your journal is outside the normal two journal areas, and you still want it counted as a trading journal.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #9 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818


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  #10 (permalink)
 
Gabriyele's Avatar
 Gabriyele 
LA/CAlifornia REpublic
 
Experience: None
Platform: NT7
Trading: Chello
Posts: 3,017 since May 2011



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Last Updated on April 20, 2012


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