After 25 days of competing, below are a few results that would show that brokers can make lot of cash from a competition.
Traders in the competition on Feb 1, 2008 : 433
Traders in the competition on Feb 25, 2008: 253
The top down list proves that trader 246 and above have disregarded his account =gt; 433-246 gt; 187 traders or 43% of contestants have totaly disregarded their account!
Internal info I obtained shows me that traders gt;200 rank has lost over 50 percent of the accounts.
If people take the normal 90% of traders drop money, and it would be in a really competitive environment for a competition, we'd have that 433 x 0.9 = 390 traders have lost money in the competition, and 43 traders have won any $.
Top ten list proves that trader number ten has done 156 percent = gt; traders from rank 11 to 200 are ranging between -50% and 156 percent
Hence the final trader list should be like the below:
Traders A: 156 percent lt; 1-10 lt; 752%
Traders B: 0% lt; 11-43 lt; 156 percent
Traders C: -50% lt; 44-199 lt; 0%
Traders D: -99.46%lt; 200-245 lt; -50%
Traders E: -99.9lt; 264-433 lt; 99.47%
I can roughly say that by simply trading against the participants, taking into consideration that the minimum equilibrium to enter contest is 250$ (Rather than 500$) you can get:
Traders A: You would lose them against about 6500$ and pay them 6000$ prizes
Traders B: 0% lt; 11-43 lt; 156 percent you would lose against them about 6500$
Traders C: -50% lt; 44-199 lt; 0% you may win around 9500$
Traders D: -99.46%lt; 200-245 lt; -50% you may win around 8500$
Traders E: -99.9lt; 264-433 lt; 99.47% you may win 46700$
For a complete win of 46700 8500 9500-6500-6000-6500= 45700$
with Bonus free advertising along with new opened accounts with new newbie traders...