Main Event 2024

Embrace the adrenaline of real-market challenges and compete alongside the best in WSOT Main Event'24 - Your chance to prove your trading skills and claim victory on the global stage!

Name

Position

Tiger Nixon

System Architect

Garrett Winters

Accountant

Ashton Cox

Junior Author

Cedric Kelly

Senior Developer

Position Username WSOT Score

Supported Trading Platform

awards

Elite Trader Certification

An exclusive Elite Trader Certification recognizing your outstanding performance in the competition. Showcase your certification on your trading profiles and social media platforms, gaining credibility and attracting potential opportunities.

Verified Live Account Performance Badge

A prestigious digital badge that verifies your live account performance during WSOT Main Event'24. Display this badge on your website, social media, or trading profiles, demonstrating your skills and commitment to excellence.

Media Recognition and Interviews

Earn the opportunity to be featured in prominent financial media outlets and interviews. Share your trading success story, strategies, and insights with a global audience, further establishing your reputation as a skilled trader.

Tournament Description

WSOT Main Event 2024 Registration – 4 Easy Steps:

  1. Sign Up for WSOT: Begin your journey by creating your user profile on the World Series of Trading website. 
  2. Check Your Account Balance: Ensure your live trading account meets the minimum requirement of $5,000 to qualify for participation.
  3. Complete the Form: Fill in your trading account details within your Personal Area.
  4. Automated Entry: Once your information is verified, you’ll automatically be enrolled in the Main Event. 

WSOT Main Event 2024

Main Event Ranking

Last updated: 2023-12-11 17:00:00

Position Username WSOT Score

How we calculate WSOT Score

The WSOT Score is determined by averaging a player's rankings in three categories: Equity Performance, Profit Factor, and Sharpe Ratio. The rankings are based on the player's positions in each category, for example, 4th place in Equity Performance, 2nd place in Profit Factor, and 3rd place in Sharpe Ratio. To calculate the WSOT Score, add the positions together and divide by the number of categories (3). In the given example, the average position is (4 + 2 + 3) / 3 = 3, resulting in a WSOT Score of 3. More information here.

Position Username Equity Performance

How we calculate Equity Performance Percentage

Traders' equity performance in the tournament measures the growth of their trading accounts over time. The calculation considers starting equity and adjusts for balance operations like deposits and withdrawals. Performance percentages are calculated based on changing bases after each operation. The trader's final performance is the sum of all performance percentages, determining their rank on the leaderboard. More information here.

Position Username Normalised Profit Factor

How we calculate Normalised Profit Factor

The Normalised Profit Factor balances a trading strategy's performance by comparing total net P&L to total profits and absolute losses. It gauges how well a strategy generates returns relative to its risks, with values between -1 and 1. Positive values show profitable strategies, higher values indicating stronger profits. Negative values highlight potential areas for improvement or reevaluation.More information here.

Position Username Sharpe Ratio

How we calculate Sharpe Ratio

The Sharpe Ratio is a metric that measures the risk-adjusted performance of an investment. It's calculated by taking the difference between the account's return percentage and the risk-free percentage and dividing it by the standard deviation of the account's returns. The return percentage represents the total performance of the trading account during the tournament, while the risk-free percentage is the return of a safe asset like a Government bond. The standard deviation reflects the variability of returns over time intervals in the account's performance during the tournament. More information here.

Demo Trading Ranking

Last updated: 2024-05-20 15:30:00

Position Username WSOT Score
1Kingsunny2.00
1Bonface2542.00
2iamdivine5142.67
2ATTAforex2.67
3Huge3.67

How we calculate WSOT Score

The WSOT Score is determined by averaging a player's rankings in three categories: Equity Performance, Profit Factor, and Sharpe Ratio. The rankings are based on the player's positions in each category, for example, 4th place in Equity Performance, 2nd place in Profit Factor, and 3rd place in Sharpe Ratio. To calculate the WSOT Score, add the positions together and divide by the number of categories (3). In the given example, the average position is (4 + 2 + 3) / 3 = 3, resulting in a WSOT Score of 3. More information here.

Position Username Equity Performance Percentage
1ATTAforex442.44%
2Kingsunny78.31%
3arienzo26.25%
4Bonface25420.17%
5iamdivine5148.37%

How we calculate Equity Performance Percentage

Traders' equity performance in the tournament measures the growth of their trading accounts over time. The calculation considers starting equity and adjusts for balance operations like deposits and withdrawals. Performance percentages are calculated based on changing bases after each operation. The trader's final performance is the sum of all performance percentages, determining their rank on the leaderboard. More information here.

Position Username Normalised Profit Factor
1Bonface2540.96
2iamdivine5140.77
3Kingsunny0.70
4Huge0.65
5Suyafx0.25

How we calculate Normalised Profit Factor

The Normalised Profit Factor balances a trading strategy's performance by comparing total net P&L to total profits and absolute losses. It gauges how well a strategy generates returns relative to its risks, with values between -1 and 1. Positive values show profitable strategies, higher values indicating stronger profits. Negative values highlight potential areas for improvement or reevaluation. More information here.

Position Username Sharpe Ratio
1iamdivine5140.00
1Dbanifx0.00
1money0.00
1Lordpain0.00
1mangniang0.00

How we calculate Sharpe Ratio

The Sharpe Ratio is a metric that measures the risk-adjusted performance of an investment. It's calculated by taking the difference between the account's return percentage and the risk-free percentage and dividing it by the standard deviation of the account's returns. The return percentage represents the total performance of the trading account during the tournament, while the risk-free percentage is the return of a safe asset like a Government bond. The standard deviation reflects the variability of returns over time intervals in the account's performance during the tournament. More information here.

FAQ

  • What is WSOT Main Event'24?

    WSOT Main Event'24 is a prestigious trading competition that brings together seasoned traders to compete under real-market conditions. Participants have the chance to showcase their trading skills and strategies in a global arena.

  • How are the winners determined?

    Winners are determined based on the WSOT Score, calculated from rankings in Equity Performance Percentage, Sharpe Ratio, and Profit Factor. The participant with the lowest WSOT Score secures the top position and wins the competition.

  • Can benchmarks/investment products win the competition?

    Benchmarks and investment products undergo the same rules and ranking system but are showcased for insights and context. They do not participate in the final ranking that determines the winner.

  • What benefits do participants gain from joining the Main Event?

    Global Recognition: By showcasing their trading skills in a high-profile competition, participants gain exposure and recognition within the trading community and financial industry.

    Networking Opportunities: The Main Event provides a unique platform for traders to connect with like-minded professionals, industry experts, and potential collaborators, expanding their network.

    Skill Enhancement: Engaging in real-market conditions and competing against skilled traders and benchmarks allows participants to refine their trading strategies and improve their overall performance.

    Objective Evaluation: The WSOT Score provides an unbiased evaluation of participants' performance, ensuring a fair competition and accurate ranking.

    Verified Live Account Performance: For real traders, the Main Event provides an opportunity to showcase their verified live account performance, establishing credibility and trust within the community.

    Overall, joining the WSOT Main Event provides traders with a unique platform to showcase their expertise, gain exposure, and make valuable connections in the global trading landscape.

  • Is there a minimum account balance required for real traders?

    Yes, traders must have a minimum balance of $5,000 in their live trading account to be eligible for participation.

  • Can participants withdraw from the competition after joining?

    While participants can choose to discontinue their participation at any time, it is recommended to remain committed to the event to fully experience the competitive atmosphere and gain valuable insights.

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