Tradeslide Trading Challenge

Howdy fellow traders.

We are a 100% broker independent trading challenge, founded by risk management Quants.
Our mission is simple: to empower retail traders to deliver long-term, consistent returns.
Why? Because we hope to make money by attracting investors to mirror your trades, which will in turn offer our best challengers a chance to live off their passion.

To participate you will need to:

1. Submit your trades
2. Deliver consistent, risk adjusted returns

The challenge will start in the beginning of 2013. If you want to know more about us, you can find us:

1. www.tradeslide.com
2. Twitter @TradeSlide

Always grateful for questions and constructive feedback.

Sincerely yours,

The market owl

I imagine that you are posting this thread in order to promote your website. Sounds good but maybe you could give more information about it. There is not too much information in the web, neither in your blog. There are a lot of web services already out there, what do you mean exactly with a ¨different trading challenge¨,different from what?

Hi there javicolonbo,

thanks for reaching out - it's always great to interact with traders.

Sure, let me give you some background to why we think we've got plenty to offer:

1. Incentives
2. Opportunity

We're a money manager with a vision: we think there are many retail traders out there who have what it takes to deliver risk-adjusted returns, and who could live off their passion for trading if given a fair shot.

Our goal is to attract trading talent and channel investors' money to that talent - you can think of it as an X-factor for traders. Winners will join a crowd-sourced investment service. Our only way of making this happen is to provide our traders/challengers with the tools to win money consistently - only then will investors trust our service.

This sets us apart from many in the forex industry who offer you turning 1k into a million in a short time, knowing fully well that chances are you'll lose your balance and they'll keep their spread (and quite possibly, a good chunk of your losses). In other words, we'll only do well if our participants do well.

The second is our product: we offer a very innovative, but rigorous, process to help committed traders progress through the different stages of the challenge - just like you would in a video game.

Not as sexy as multiplying 1000 USD by 500 overnight - but a lot more reliable way to make it!

Hope this gives you a bit of an overview?

Looks promising. Just signed up. Will wait to test the beta

Thanks!

Very warm welcome to bumasoft!

Pretty sure you'll like the challenge once we go live.

BTW, I've seen you're also a broker independent mentor, and we like the contents of your site.
Stay tuned for a mentorship program:

1. Scouting program: if you attract traders who do well in our challenge, you'll earn "rights" on their talent
2. Content providers: we will share a sizeable portion of our revenues with mentors who offer high quality content to our challenge participants

So stay tuned - we may well be a good opportunity on two accounts!

Looking forward to welcoming more challengers!

Take care!

Thanks for the feedback and the nice welcome . Looking forward to testing your site and the mentorship program sounds nice too.

Best regards!

Thank you for staying honest in an environment full of the wrong temptations.

We will go live in January 2013. Would you like an invitation to our private beta?
Things won't be 100% perfect when we launch, but we'd rather get users feedback as early as possible!

Don't hesitate to contact us by private message if you want to hear further details about the mentoring program before then.
We will offer preferential conditions to mentors who trust us early on and help us attract our initial challengers.

Sure, an invitation would be great. I'm also a web developer in the background, so I know how it is with the unavoidable bugs . I'll send you feedback whenever I see an issue.

Thanks again

You can use the contact form on my website if the FF PM doesn't work. For some reason, I'm not able to private message you.

Marian, I received your e-mail. Thank you!

Sure enough, we will contact people who have volunteered to Beta test on a first come first served basis. This is particularly important since we're going to launch a very innovative trader-invites-trader invitation program that will offer very attractive incentives to those who genuinely try to help traders out, like yourself.

I will contact you in the few upcoming weeks if you wish to be one of the first to find out about the "Tradeslide: By invitation only, scheme"

Cheers

Ok, please do. Best of luck!

Conflicts of interest for mentors. If you agree with this, you might find stuff of your interest @Tradeslide or on www.tradeslide.com/blog

Have you ever wondered how people who claim to be "trader mentors" or "trading education providers" have the guts to offer "trading know-how" and post advertising banners for brokers who trade against Newbie traders?

We have, a lot. And we think it's immoral, and unfair.

The immoral bit hopefully requires no further explanation - but the unfair one does, on two accounts.

First of all it is unfair for ignorant newbies who click-through those banners. They innocently went to a website seeking education and ended up trading against a broker whose incentives are not necessarily aligned with his best interests. True, any aspiring trader with a bit of common sense who seeks education should never trust anyone who offers "free" education, and advertises for brokers. But part of the responsibility obviously lies with the sponsor of the educational site: you can't give a child a gun and expect him to behave as a grown-up. How many "infant" traders were denied a life enjoyed trading by landing on the wrong site on their step of the road to trading mastery?

The other loser are true mentors: it's extremely unfair to caring individuals who genuinely offer high quality content, in a number of ways. The first is that people with low moral standards are giving the forex industry a terrible name - it's hard these days to persuade anyone that a forex trader does not equate to casino gambler. This puts genuine mentors in the same lump as those who directly or indirectly derive economic benefit from traders' losses. Why should someone who genuinely cares like james16 or gejordan have to forgo public exposure,or advertising revenues? You won't see ANY advertising on their sites - they care about traders, put a lot of effort into their content & mentoring and built a reputation in the market over years.

Yet it's exponentially harder for them to earn their living as a genuine trading mentor than it is for some charlatan who posts copy-paste BS on a site and brands himself a mentor.

We for our part were tired of this, and decided to do something about it. At the Tradeslide challenge, it will be possible for everybody to see how good a trader really is, and more importantly, it will be possible to relate good performance to good mentors: every challenger at Tradeslide will be encouraged to choose a mentor. A true mentor, that is - not one that posts marketing for market making brokers on his site. Plus - traders will be encouraged to rate the quality of mentor's contribution. So that, together, traders can learn who's who and stop the rot that's killing the industry!!


(BTW in case you're wondering: good trading to us is not 100.000% return through 30 lucky gambles - but 10% yearly returns with 200 trades 2% worst drawdowns)

Happy weekend everybody!

Have you ever wondered if it's rational for you to hide your strategy from others?

Our view is that trading Lone Ranger style and "keeping your secret" is sub-optimal for traders with strategies that work on two accounts:
- Financial: Trading less capital than a strategy would support, leaves money on the table until the market anomaly exploited eventually fades
- Bandwidth: if your strategy really works, chances are it will enable more profitable set-ups than you can possibly take

In other words, if you really have a strategy that works, you should:
- Attract investors into funding your trading
- Educate others to deploy it, in exchange for a take on their wins.

This is precisely what Tradeslide allows you to do.

You can find more details on this and other relevant topics for daytraders in our blog, starting with a detailed coverage of this question http://www.tradeslide.com/the-lone-r...ka-day-trader/