ENERGY ‘PREDICT THE CLOSE’ CHALLENGE
October 31, 2023
Think you’ve got what it takes to predict the daily close of the energy markets? Put your skills to the test and compete against other traders for the grand prize. You’ll be given $100 in simulated buying power to purchase Event Contracts for $CL_F or $NG and make a prediction on the daily close. The top three traders with the highest account value at market settlement will secure prizes and earn major bragging rights.
CHALLENGE OVERVIEW
Challenge opens for participation on Tuesday 10/31 at 11:30 AM CT and ends on Tuesday 10/31 at 1:30 PM CT. Winners will be determined by 5PM CT once futures markets have final settlements.
Each trader will be given simulated buying power of $100 to place their trades (using event contracts) to predict the close of the Energy Futures market(s) of their choosing. Traders may not exit out of positions once entered.
Each trade prediction that is correct will be worth $20 in the total account value, and each trade that is incorrect will be worth 0. The goal of each trader is to have the total account value by the end of the competition by predicting the market close correctly.
The top FIVE traders on the leaderboard with the highest account value will win $50 gas giftcards based on their ranking. Winners must meet the Eligibility Requirements in order to receive a prize.
- 1st – 5th Place win $50 gas giftcards
YOU HAVE BEEN REGISTERED!
Stay tuned for a follow up email on more details for the upcoming Predict the Close challenge.
FUTURES MARKETS AVAILABLE TO TRADE:
Light Sweet Crude Oil (CL) and Henry Hub Natural Gas (NG)
*NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED BY LAW. OFFERED ONLY TO LEGAL RESIDENTS OF THE UNITED STATES, AGE 18 OR OLDER. Read the Official Contest Rules here.