OVERVIEW
Welcome to the third year of Investa Trading League!
Today we present to you another GREAT OPPORTUNITY to hone your trading skills while getting the chance to compete and win awesome prizes.
Investa Trading League is FREE and OPEN TO ALL. There are 5 mini-competitions that comprise this year’s league and each competition will run for two (2) trading weeks from April to June 2019. Note that each league will have its own set of winners at the end of the competition. Below are the scheduled dates to participate:
Round 1: April 1 – April 12 (Ended – Click here to see the winners)
Round 2: April 22 – May 3 (Ended – Click here to see the winners)
Round 3: May 14 – May 24 (Ended – Click here to see the winners)
Round 4: June 3 – June 14 (Ended – Click here to see the winners)
Round 5: June 24 – July 5 (Ended – Click here to see the winners)
How to win the Investa Trading League?
The goal of this trading game is simple. Find opportunities and trade your best to gain the most profit and have the highest total account value at the end of two (2) trading weeks!
Winners and Prizes:
The top three (3) participants with the highest account value at the end of the trading round will be announced as the winners.
Each league’s winner will receive a corresponding cash prize as follows:
1st Place: Php 3,000
2nd Place: Php 2,000
3rd Place: Php 1,000
MECHANICS
1. Trading League will be accessed through the Investagrams Virtual Trading Platform (https://www.investagrams.com/vTrade) and participants will start with Php 100,000 virtual money to trade.
2. Participants can only trade liquid and actively trading stocks (we have filtered out which stocks fit this criteria) and have taken out illiquid names that have wide spreads that can be easily abused. The whole stock list can be accessed once you are accepted in the competition. The tradable stock list can be changed
3. Upon buying a stock, you can only sell it after 20 minutes. This will protect the competition against ‘rinse-and-repeat’ abuses on illiquid stocks that are not realistically in-line with real market mechanics.
4. To promote diversification, maximum exposure in a single stock can only be 1/3 or 33.33% of the portfolio. This requires the participant to buy at least 3 different stocks should they want to fully invest their portfolio. The system won’t allow you to allocate more than 33.33% in a single stock.
5. On buying and selling of stocks:
- Buy: You can buy the same stock for any number of times within a day (as many tranches as you want).
- Sell: You can only sell the same stock two (2) times in a day. This will be strictly observed in order to avoid abuse. For example: If you bought $ALI at 44 then sold it at 45, then you have only one (1) sell left for $ALI within the day.
6. For stocks that are 3.00 and below + (other illiquid stocks may be added):
- Twenty (20) minutes holding period if you’re taking profits (This will protect the competition against ‘rinse-and-repeat abuses’ on illiquid stocks that are not realistically in-line with real market mechanics).
- Five (5) minutes hold before you can cut loss.
7. Investagrams has the right to remove any stock from the list should it suddenly become too illiquid, abusable, and/or delisted. Furthermore, Investagrams may also add new stocks on the tradable list as new stocks become more active and tradable in the market. All changes will be announced before implementation. In such cases that a stock is to be removed, we will follow this process:
- Before removing a stock, Investagrams shall notify all the participants via the Investagrams Platform.
- The participants who have the stock in their portfolio must sell it within one (1) day after the announcement.
- Failure to sell the said stock will result to Investagrams automatically selling it at the opening price the next trading day.
8. Trading Hours: Weekdays from 9:30AM – 12:00PM and from 1:30PM-3:30PM (Same trading hours with the real PH Market. Meaning, you can’t trade during off hours and on weekends.)
9. Participant rankings are constantly updated every 10-minutes and automatically ranked by Investagrams system according to net profit gain/loss.
10. At the end of the competition, the participants with the highest net profits will win. The top 1 to 3 participants shall be announced the official winners.
11. Joining the Investagrams Trading League 2019 means that you agree with all the clauses mentioned above.
ADDITIONAL NOTES FOR PARTICIPANTS
Participants may join until Monday — April 1, 8:45 AM. Everyone will be accepted in the trading lobby, by April 1, so no need to worry. We will send you a notification once you are accepted in the trading lobby and the competition is about to begin.
Any participant who wants to include their organization’s name for them to represent is allowed and they may include it as part of their participant info (optional).