In conjunction with the Superencryp Block Grand Launch on 19 December, Skipjack Corporation Opens the Game Dime Live Trading.
SKIPJACK CORPORATION News
Competition period: 01/11/2018 00:00 AM to 10/11/2018 00:00 AM (GMT+1).
Users will be ranked in terms of the total SJK volume traded on their Encryptrade MT4 traded account (including both buys and sells,) across all SJK trading pairs during the competition period.
Lord Rahman Prize: 500,000 SJK
The top trader reach minimum net equity $1 Million will be awarded 500,000 SJK!
Jack Law Prize: 300,000 SJK to Win!
Top traders reach minimum net equity $500,000: will be awarded 300,000 SJK
Dime Rank: 100,000 SJK to Win!
Top traders reach minimum net equity $250,000: will be awarded 100,000 SJK
Console Rank: 5 X Cash Prize $500 and 20,000 SJK to Win!
Five win traders with at least net equity $ 100,000 trading volume
Remember to activate your MT4
*Past Performance: Past Performance is not an indicator of future results.
The prize winners will be the eight Eligible Traders, who have neither opted out nor been disqualified, with the highest equity gain over the course of the game period.
The leader board is for indicative purposes only. Factors that may lead to ineligibility (For example, but not limited to, Margin Calls, minimum Equity and minimum executed orders) may only be factored in at the end of the contest period.
The leader board does not represent a typical contestant’s return. Positive returns are not guaranteed. All contestants have the potential to experience losses in excess of deposited funds.
Remember Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading skipjack foreign exchange with any level of leverage may not be suitable for all investors.
HOW DO I SIGN UP? AM I ELIGIBLE TO ENTER THE CONTEST?
- Every eligible client signed up MT4 SKIPJACK ENCRYPTRADE is automatically registered at the beginning of the game on 1st November. It’s that simple. Terms and Conditions apply*
- To be eligible for contest you need to have a SKIPJACK MT4 live account with a minimum equity of $500 at the beginning of the contest.
- If you do not meet the equity criteria at the beginning of the contest you are able to deposit the equity difference at any time during the period.
- If you would like to confirm if you are eligible or don’t know your start of equity then please contact our live support. email@example.com or telegram group https://t.me/OfficialSkipJackEncrypcurrency
WHAT ARE THE RULES? CAN I BE DISQUALIFIED?
- For the purposes of the Contest, the percentage equity gain will be calculated utilizing the following formula:
Net Equity = Final Day Equity Balance – Each Deposit of the game Period
- Your account equity at the start of the contest + any deposits during the period, need to equal at least $1000 USD.
- In order to qualify you need to have a minimum of 10 executed orders (any size) per game period.
- Only one account per trader will qualify, if you have multiple accounts, only the most profitable account will be considered for a prize.
- Any trader who receives a margin call during the period will be disqualified.
- Any withdrawals or transfer out of the account during the competition period will rule the account ineligible for a prize.
WHEN DOES THE CONTEST START?
The contest officially begins November 1, 2018. The game start and stop time is 00:00 GMT +1 time on the last trading day. All live account holders who are eligible are automatically registered into the contest.
The game STOPS at November 10, 2018 – 00:00 GMT+1
HOW DO I WIN?
The Skipjack Trading Contest is based on your total net equity return , calculated end of day game period.
This is simply your trading profit from the period in relation to your account equity at the start of the month game, including any mid-period deposits.
The account with the highest net equity shall win the contest based on total rank of players. This means that irrespective of your account equity you still have an equal chance to compete and win.
HOW MUCH MONEY DO I NEED IN MY ACCOUNT TO ENTER THE CONTEST?
The minimum equity required is $1000.
ARE THERE ANY OTHER CRITERIA?
Yes, you need to have 10 executed orders for the period to qualify.
AM I RESTRICTED ON TRADING STYLES, CURRENCY PAIRS OR CFDS DURING THE CONTEST?
No, all trading styles are accepted.
CAN I BE DISQUALIFED?
Yes, Withdrawing or transferring out funds from your account or receiving a “Margin Call” will disqualify an otherwise Eligible Trader from the Contest.
CAN I WIN MORE THAN ONE PRIZE?
No, only one prize is allowed per account holder or trader. For clients with multiple accounts only the best performing account will be eligible.
WILL I BE NOTIFED IF I WIN?
Yes, SKIPJACK will contact all winners within 5 business days of the end of the competition, either by phone or email. Please ensure your contact details are correct.
HOW ARE PRIZES CREDITED?
Dime prizes are credited in your Skipjack wallet and Winner will be announced during Asean Grand Launch.
For Cash prizes are credited to your bitcoin wallet.
WHEN DOES THE TRADING DAY START?
The recognized trading day for skipjack is standardized globally and always begins 1 November and ends at 10 November 00:00 GMT+1 time (London Time).
WHAT IS A MARGIN CALL?
A Margin Call is when your equity drops below your Margin Requirement and as a result one or more of your open positions are forcibly liquidated.
Margin calls often occur due to over leveraging. Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors.
Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.
- Skipjack reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.
- Participants will not be able to win multiple prizes across the whole competition.
- Rewards will be issued within 1 week after the competition during ASEAN Grand Launch.
- Risk warning: encrypcurrency investment is subject to high market risk. Please make your investments cautiously. Skipjack will make best efforts in performing the market, but will not be responsible for your investment losses.
Thanks for your support!
Source – Skipjack Encryptrade Team, UAE