In the VectorVest Triathlon Challenge, participants will compete in the sequential application of a VectorVest BackTest, RealTime Derby and Automated Portfolio Manager with the goal of achieving the greatest percent gain in each event of a hypothetical $100,000 portfolio. Separate cash awards will be made to the top three winners of each event and Grand Prize Awards will be made to the three participants having the highest total gain for all three events. These awards are as follows:
| WINNER |
BACKTEST |
DERBY |
PORTFOLIO |
GRAND PRIZE |
| 1st Place |
$500.00 |
$750.00 |
$1,000.00 |
$2,500.00 |
| 2nd Place |
$250.00 |
$500.00 |
$750.00 |
$1,500.00 |
| 3rd Place |
$125.00 |
$300.00 |
$500.00 |
$1,000.00 |
If a participant were to win all four 1st Place awards, they would receive a total of $4,750.00.
The first event will be a VectorVest 7 BackTest competition. All participants must use the following settings:
ACCOUNT SETTINGS: Initial Investment, $100,000.00. Commission, $9.95 per trade. Don't use margin. Do not account for interest. Execute buys/sells at next day's open.
MARKET TIMING: You may use No Timing List, Confirmed Calls, The Primary Wave, DEW or Green Light Buyer as defined by VectorVest.
AUTOMATION RULES:
DIRECTION. If you elected not to use a Timing List, you may elect to Buy Long or Sell Short throughout the test. If you elected to use a Timing List, you must choose to Buy Long on every Up signal and Go into Cash or Sell Short on every Dn signal.
SEARCH. You may elect to use any search shown in UniSearch as long as it is "Derby Ready," i.e., Stock Price - (Actual) >= 1.00, Stock AvgVol - (50 day moving) >= 100000, Stock Exchange <> I, xI, P. You may create and use your own searches as long as they are "Derby Ready." Simply save them in UniSearch and they will be available for use in BackTest.
STOP. You may elect to use any of the Stop Criteria shown in BackTest.
MORE SETTINGS. You must select, "Try to maintain 10 positions," "Try to open all 10 positions immediately," "Close any position when entering this situation," "Invest average portfolio value" and "Odd Lots."
TEST PERIOD: 03/31/2010 - 03/31/2011.
NAME/DESCRIPTION: Please put your User Name at the beginning of the name of your BackTest Portfolio.
All entries to the BackTest competition must emailed to triathlon@vectorvest.com by midnight, May 15, 2011. All participants will be permitted to enter three candidates into the BackTest competition.
Once all of the submissions have been verified, the three winners will be announced and up to 50 of the top performing entries will be added into the Derby Competition. This competition will last two months. Once the three winners of the Derby competition have been determined and announced, all 50 entries will be put into the Automated Portfolio Manager competition. This competition will last three months. At the completion of Automated Portfolio Manager competition, the three winners will be announced along with the Grand Prize winners and we will have completed The VectorVest Triathlon Challenge.
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