Commodity Traders Club Trading Resources
1995 Trading Contest: Robert Miner
Each year, Robbins Trading Company sponsors a year long trading contest for futures traders. This is a real money contest, not one of the silly hypothetical contests that are unrelated to real trading. Anyone can enter. The contest lasts for the calendar year. A minimum account size of $10,000 is required, plus a $1,000 entry fee. All of the entry fees are divided between the top three winners in each division. Last year the three divisions were professional, non-professional and system trading. I believe they are going to have a day-trading division this year. Why am I giving the Robbins trading contest a plug? They haven't requested it. I have no connections to them, other than as a customer. I'm going to enter the contest again this year and would like to see lots of contestants. The more entries, the more prize money in the pot to win. I intend to win again.
It's a mystery to me why all of the self proclaimed trading geniuses, who are so prolific with their advice in various trading publications, newsletters and advisory services don't enter the contest. Since this is the only real money, year long trading contest available, you would think it would be easy money for these folks. I entered the contest in 1993 and won first place with a 118% return on account. The prize money was a substantial bonus, as the first place winner receives half of all entry fees in each division, the balance divided 30%/20% to the second and third place.
In my opinion, Robbins provides a great service by sponsoring this contest each year. This contest provides a completely unbiased, level playing field for traders who want public recognition of their trading skills or anyone who wants to take a shot at the prize money.
Why aren't the names of the top three winners of the Robbins contest each year the same names we see so often in trading publications, as system developers, newsletter advisors, etc. who keep telling us how smart they are? Am I the only one whose business is trading education and advisory, who actually trades?
Come on guys and gals. Put up or shut up. Don't tell us how much you know, show us. For those who are interested in the 1995 Robbins Trading Company World Cup Championship of Futures Trading, contact Rita Karpel, 1-800-453-4444. As I mentioned above, I have no business or financial relationship or interest with Robbins Trading Company. There is a risk of loss in futures trading.
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