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Trading IQ Game - Teaches you how to win and uses live market data
Calibrate your ability in the game that uses real futures, forex and stock data for a beginner and expert to hone their trading skills
Read your comprehensive trade report after each 5 minute session and learn from the hints generated by the algorithmic reports. Free to play and fun to win the prizes
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| The object of trading is to win without excess risk | Trading IQ Calibration |
Learn how to be profitable with trade report tips |
| IQ > 2000 =
Elite class
trader top 0.01% IQ > 1900 = Outstanding professional trader IQ > 1800 = Expert professional trader IQ > 1500 = Good professional trader IQ > 1300 = Average professional trader IQ > 1200 = Good trader IQ > 1100 = Improving trader IQ > 1000 = Typical trader |
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IQ > 900 = Typical trader IQ > 800 = Trainee trader IQ > 700 = Beginning to show potential IQ > 600 = Practice can raise standard IQ > 500 = Showing signs of promise IQ > 400 = First signs of promise IQ > 300 = Would benefit from more study IQ < 200 = Needs to study basics IQ < 100 = Not ready to risk own capital |
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Most will not make it to this side |
Destiny is not an accident - It depends on a mindset | Never lose faith - Learning helps statistics |
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The Trading IQ Game by Roger Medcalf of Precision Trading Systems
List of innovate features in the new version which is 100% free to use Tutorial video and the finer points on how to use the game controls |
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The comprehensive trade reports generated after each 5 minute session shows you how to increase your returns and reduce your losses (See example report here) |
| Maximum draw downs shown in reports and
tables |
| Winning percent of trades shown in reports
and tables |
| Underwater bars shown in reports and tables |
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Equity curve chart plot in trade reports for each session and for
entire sessions combined Trade indication buy and sell arrows and tick marks to show trade entry and exit levels displayed on price chart just as it does in real trading Stop loss slider is easy to use to lock in your profits on each trade |
| HTML5 interface now works in any browser with
super fast loading speed and even works on mobile phones. |
| Click to view trade
reports of other members ( via World and Weekly tables ) so you can
compare your skill with other members |
| Financial ratios calculated and displayed in
table and trade report page |
| Lake ratio shown in reports and tables Click
here to read more about how lake ratio is
used as a measurement of trading performance |
| MAR ( Managed account report ) shown in
reports and tables Risk / Reward ratio shown in reports and tables. To learn more about optimal risk trading click here |
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What are the prizes on offer for playing the Trading IQ Game? |
| To the Winner of the World
Trading IQ championship for 2023.........it could be you, try it out
and see! |
| Lifetime license for MultiCharts ( value
$1495 ) |
| 1 Year Licenses for any three
products below for Tradestation, MultiCharts or NinjaTrader
You can choose from the paid products on
the product guide |
| Your name and photo on the home page for the
year of your victory |
| To the 2nd place contestant
of the World Trading IQ championship |
| 1 Year Licenses for any two products for
NinjaTrader, MultiCharts or Tradestation.
You can
choose |
| To the 3rd place contestant
of the World Trading IQ championship |
| 1 Year Licenses for one product below for
MultiCharts and NinjaTrader or Tradestation |
| To the winner of each 52 Weekly
Trading IQ contests who complete at least 15 sessions |
| 10% OFF any Precision Trading Systems
products ( full priced versions only ) |
| Those who score > 1025 Trading IQ
from at least 15 sessions |
| The following indicators shown below for
Tradestation or MultiCharts or NinjaTrader (DI only
for NinjaTrader), ( A one month license ) One
prize per week for each week you get the required score ) |
| IQ > 1200 Demand
Index |
| IQ > 1150 Insync Index |
| IQ > 1125 Volume flow Index |
| IQ > 1100 Trade volume Index |
| IQ > 1075 Money flow Index
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| IQ > 1050 Quick stick indicator
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| IQ > 1025 Precision volume |
| Before prizes are issued the following information must be provided |
Valid ID and proof of address a signed non disclosure agreement (NDA) Customer platform numbers for MultiCharts, NinjaTrader or Tradestation so the license matches your software |
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IMPORTANT NOTE Anonymous players are welcome to compete but they cannot receive prizes or feature on the hall of fame pages. If you do not provide a winners comment you cannot be put on the hall of fame pages. Licensed prizes for Precision Trading Systems products can only be provided for Tradestation, NinjaTrader or MultiCharts. |
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Trading IQ Game concepts and some tips on how to get bigger profits - Remember in trading if you lose it is entirely your fault Blaming the market is for narcissists, cowards and hypocrites. You will hear them whining after every crash, blaming "the crash" for their losses.
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Trading IQ game is 100% FREE to play Win a free the excellent MultiCharts trading platform from the games sponsors Technical analysis studies only PRICE. Its the the only thing sure to be real. In this World today we can't even trust the news to be real, just the price is real. The Technical trading IQ game will teach you the art of technical analysis in its purest form. You may find you have a gift that you were not aware of. Using this trading game will help you learn to trade if you are a beginner, improve your skills if you have some experience and if you are one of the best you can use your talent to win prizes. There are two basic methods of analysing markets for trading. Fundamental analysis - Read about the fundamental methods here Technical analysis - Read about chart reading basic methods here Fundamental analysis is the study of company reports and accounts, using economic data and broker reports to select buying or selling points. The problem with this approach is that the timing is generally arbitrary as it depends when the trader reads the reports or accounts as to when he places a trade. Another trader may view the same "great accounts" a month later and buy for the same reason at half the price or even double to price! Clearly this approach is flawed. Technical analysis involves the use of charts to choose buy and sell points, and the purpose of the Technical trading game is to practice this science in order to improve your skills. The purest technicians use 100% technical analysis and do not even read the news from the individual companies or crop reports or economic data etc. Frequently the market will sell off on good news or rise on bad news which can lead to deepening confusion. Companies often issue statements which are worded in such a way as to be incomprehensible to the reader, this is often to hide the real facts. Accounting fraud and massaged profit estimates are commonplace. Please allow up to 5 seconds to load the game |
Here you will learn how to place your stop loss a safe distance away from "the noise" of the market. Where is the exact best place to put your stop loss? This is best decided by figuring out the level that if it is touched does truly mark the cessation of the existing trend. This avoids over trading and changing your mind too often, which can lead to trader error. Learn how much capital to risk depending on these factors Your level of expertise - You confidence in the current trade - The volatility of the market The distance of your stop loss from the price. The clarity of the trend ( not noisy price action ) Expert traders know the importance of risk control. Pick you spots carefully. The Market price action over the different games will vary dramatically. If the price action does not appeal to you then wait for favourable movement before placing a trade. Understand what you can control and what you cant. You are in control of your stop loss placement You are in control of equity percent risked You are not in control of the market price. No matter how much you shout at the screen the price will goes its own way. Find your own style Trading is often a very personal process and we all have our preferences. Keep practising to find your style which suits your personality and generates high profit. Trade what you see, not what you think or feel. If you don't bet you cant win, if you lose all your money you cant bet! Practice for fun a few times until you learn how to use the game |
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Trading IQ Game FAQ Overlay image is equity curve of the trade report of player id IC5 View the report here as a model example of how to trade |
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Is this game really free to open an account and play as much as I like? Totally and utterly, completely 100% FREE TO PLAY....If however you feel ashamed to enjoy my hard work for free you can always send me a $0.05 donation. |
| What formula is
used for computing the lake ratio in the Trading IQ that shows in the
trade reports? The formula and detailed explanation of lake ratio is shown here. |
| Why does my
trading IQ rating mean in actual profit and loss terms? A rating above 1000 means you are likely to be a winning trader in reality and below 1000 means you may not make it. |
| Expert traders can attain and IQ of 2,000+
however the average trader who will most likely lose regularly will
have an IQ of 800-1200. See IQ definitions table above Are there any penalties to the Trading IQ rating if I play the competition games slowly? No, the speed settings on the game can be made as fast or slow as you like. The Trading IQ rating is not affected by speed The speed adjustment is just to help people feel comfortable to play at their own pace. Can the trading game be paused if I need to answer the phone? No, this game attempts to be as real as possible. You would not be able to pause the London stock exchange either. If something happens, it is best to exit your trade and wait until you are free to focus again. Do not close the browser in mid session or your IQ will be penalized. If I messed up in the annual competition am I allowed to re enter with a new ID? Yes you can enter as many times as you like, providing the email address you use each time is yours. Persistence is rewarded in actual trading, therefore this is replicated in the trading game. You can keep trying until you are the best in the world. Why can't I view the report of some players? They have to complete at least 15 sessions before the report is visible to other members via the World and Weekly tables. Before 15 sessions are completed it is only the logged in played that can view their report. Why did my Trading IQ drop from 1311 to 0 when playing in the weekly competition? If you lost all your equity, you will be rated zero in the competitions just as a fund manager would lose all credibility if he wiped out his account. The competitions are designed to be realistic. Sorry but this an educational tool as well as a game. The good news is it is not real money. Why did the price fall to zero during a game? My trading rating has now collapsed. Shareholders of Enron also lost 100% of their capital when it went bust as did investors in Bernie Madoff. It happens sometimes and you need to be aware of this. If you risked 100% of your account on one trade then you will eventually get wiped out sooner or later. Its realism, and you learned this lesson very cheaply compared to some.. Are there any age barriers to entering the World champion trader game? I have a very talented 14 year old son who wants to enter. Anyone can enter the world championship contest. Ages 0 to infinity. Yes he can play, but if you want him to win the prizes you can help him sign up and then the parent or guardian can contact me if he wins. If he wins the World championship you can ask him to call me when he leaves school and maybe I will give a job. Why doesn't my stop loss order get filled at the exact price? Very often the stop loss order does not get filled at the exact price in real trading either, this is a factor known as slippage and is an important part of trading. The Trading IQ game is designed to be as realistic to actual trading as possible. What happens to my IQ rating if I get disconnected during the competition games? Your IQ will be computed as if you lost 75% of your equity, this is done to prevent people who are losing heavily from exiting the game and not losing points. Also, it teaches one to be responsible, as walking away from an open trade is rather dangerous in reality. After trading 50 sessions I am locked out of playing, why is this? The trade reports would be too slow to load if infinite data was loaded so it is trimmed to 50 to keep it running fast. You can simply create another account with a 2nd email address and play 50 more sessions. |
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| Admin notes |
| Page created on September 14th 2023 - New responsive page GA4 added canonical this. 5/5 html sm links added - responsive- three way equilateral tables added |