Jigsaw Trading Blog

Jigsaw Leaderboard off to a Flying Start – Well done Mr Gekko

The Jigsaw Leaderboard competition officially started on October 1st. All traders are eligible and the winner gets a $500 cash prize at the end of the month. Traders are rated using similar metrics to the “”go live” statistics used to rate traders in prop firms. We are now into week 2, so we can take a look back at the highlights of the first week. In terms of profitability, the best days from last week were:

  • Maru02 – with a profit of $12,718.45 on 3rd October (Live Account)
  • Traderkysir – with a profit of $7,865 on 5th October (private)
  • Banin17 – with a profit of $3,061.24 on the 2nd October (Live Account)

Great trading indeed. At the end of the week. the leaderboard looks like this:

As you can see, MrGekko got the top spot for the week. Win rate was not that high at just 45% but then win rate isn’t everything. What was key for MrGekko was this:

  • He kept the risk low
  • Scaled in when it was going his way
  • No big losers
  • Closed every day in the green

As we said – this is all about how a prop firm would rate you. There’s no reason you can’t swing for the fences and make money. It’s just not a fit from a consistency perspective and more likely to lead to blow ups. A prop firm would be unlikely to give you the green light. This competition is all about prop firm ratings, and consistency is the winner!

Good job MrGekko – keep this up and there will be $500 on it’s way to you at the end of this month! Great equity curve…

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Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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Jigsaw Leaderboard
Note that the Jigsaw Leaderboard contains a mixture of SIM/Live Traders. For many traders, you can click by their name to see the trades along with the SIM/Live designation.

The following is a mandatory disclaimer for SIM Trading results:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.