123% profit in a week. Summary of the second week of the TMS Brokers competition

Second week of competition in the TMS Brokers competition is behind us. This time the fight turned out to be extremely fierce and even. The difference between the trader from the first and second place is only 1,5%, and to find yourself in the TOP 7 you had to generate a rate of return above 100%. With the help of future rebound on the global stock exchanges. It was the choice of indices for the main speculative goal that helped achieve spectacular results. 

Be sure to read: We know the results of the first round of the TMS Brokers competition

It was really tight in the forefront, because the difference in the rates of return between the winner and the trader from the second place was only 1,5 percent. As many as 7 the first people received a rate of return above 100 percent. Below are the results of the winning three of the past week.

1st place: Gaps 122.84%

The rate of return achieved by a trader with a nickname gaps (+ 122.84%) is really impressive. Interestingly, the transaction history consists of ... one transaction. The trader decided to open a long position on the US100 CFD (an instrument for exchange rate differences based on the Nasdaq 100 index) on Monday evening at 6985,8 points. The deal was not closed, but an increase in the index to 7420.9 points made it a leader. It's called a golden shot! 🙂

1 chart: place of opening a long position by the winner of the second week of the competition, US100, H4 interval, source: TMS Brokers

2nd place: Rafael 121.31%

Trader with nickname Rafael he also focused his attention on the stock market indices. To take second place was enough less than 10 transactions. The key, however, was the choice of the right direction. The best transaction was concluded on US500 (CFD contract, benchmarked by the popular SP500 index). The position was included at the 2753.9 level point Trader had a great sense, because the transaction opened on the minima, and the price quickly began to grow dynamically.

2 chart: the place of opening a long position by the 2nd runner-up in the second week of the competition, US500, H4 interval, source: TMS Brokers

3rd place: Majestic  116.31%

The trader with Majestic's nickname + 116% ranked third. This time the oil market was responsible for the success. The OILWTI transaction lasted less than 2 days and resulted in yields of EUR 5247 profit. The key was to catch the hole in the quotations of black gold and a little patience. The investor played counter-Christian, that is, he opened a position opposite to the prevailing tendency. This time it paid off.

3 chart: place of opening a long position by the third place winner of the second week of the competition, OILWTI, H4 interval, source: TMS Brokers