After completing the G.O.A.T’s first edition, in which our traders were rewarded for making larger profits, we are excited to announce another edition. This time, we will reward traders for making daily profitable trades.
Win the Contest & Get your Trading Fee back
Are you ready to test your skills and score some awesome rewards? Buckle up for Pi42’s G.O.A.T’s 2nd Edition, where consistent daily profits pave the way to glory (and rupees)!
Contest Period:
Start Date: 1st June, 2024
End Date: 30st June, 2024
The contest is for 4 weeks and one winner who is the GOAT ( Greatest of All Traders ) will be announced every week.
There will be five winners: four weekly winners and one additional winner who has performed consistently throughout June, from the 1st to the 30th.
Weekly Duration of the Contest
1st Week: 1st – 7th June
2nd Week: 8th – 14th June
3rd Week: 15th – 21st June
4th Week: 22nd – 28th June
Monthly winners Duration: 1st – 30th June
How to Participate:
- Sign Up & Suit Up: New to Pi42? No worries! Our last contest winner was someone who made their very first trade, so gear up and don’t worry if you’re new to trading! Create your account and get ready to trade. Existing users, you’re already in the game!
- 7 Days Streak: Trade Daily to participate in the contest.
- Make your portfolio Positive. Your overall realized profit and loss (P&L) should be Positive(profitable) for the defined week. Otherwise, you will miss the chance to win the grand rewards for the week.
- Your Top Trader Takes the Crown: Increase your volume to improve your chance to be the G.O.A.T.
- Claim Your Weekly Reward: The champions will receive a refund of their Trading fee for the defined week—up to ₹10,000!
But wait, there’s more!
Monthly Marathon: The Ultimate King
Feeling ambitious? Extend your profit streak throughout June! The trader who manages to achieve daily trades for all 30 days + make their portfolio positive at the end of 30th June will be crowned the “Monthly GOAT” (Greatest Of All Traders)! This ultimate champion nabs an incredible Reward: A refund of his/her Trading fee for the entire month —up to ₹50,000!
Ready to join the profit party? Stay tuned for the official contest start date and unleash your trading prowess!
Rewards:
- 4 winners of the weekly leaderboard will get a Refund on the trading fee for the week they won. With a maximum refund of ₹10,000 each
- 1 winner of the Monthly leaderboard will get a Refund on the trading fee for the entire month of June. With a maximum refund of ₹50,000 each
Selection Process:
| Duration | Reward | Selection Basis | Final Winner |
| 1st – 7th June | Refund of Trading Fee. Up to ₹10,000 | Trade Daily + Positive Realised Profit | Highest realised Profit |
| 8th – 14th June | Refund of Trading Fee. Up to ₹10,000 | Trade Daily + Positive Realised Profit | Highest realised Profit |
| 15th – 21st June | Refund of Trading Fee. Up to ₹10,000 | Trade Daily + Positive Realised Profit | Highest realised Profit |
| 22nd – 28th June | Refund of Trading Fee. Up to ₹10,000 | Trade Daily + Positive Realised Profit | Highest realised Profit |
| 1st – 30th June | Refund of Trading Fee. Up to ₹50,000 | Trade Daily + Positive Realised Profit | Highest realised Profit |
The participants, who will trade daily for the defined weeks and month
The Traders who will follow the required steps of
- Trading daily for 7 days of the defined week & making your portfolio positive to win the Weekly GOAT rewards.
- Trading daily for the entire 30 days of June & make your portfolio positive to win the Monthly GOAT rewards.
In case of a tie, the highest profit maker (Absolute number) will be declared the winner. So, increase your volume to and make bigger profits to win!
Scenarios:
- Robin traded daily from 1st to 7th June and made losses on 3rd and 4th June, but his overall realised P&L (profit & loss) is INR 15,000. So, he will be shortlisted for the 1st week’s G.O.A.T. There might be 100s of people like Robin for the particular week, and then the winner will be the one who made the highest realised Profit.
- Jubin traded six days of the week (1st to 7th June) and missed one day, but he made INR 50,000 profit. Still, he won’t be shortlisted as the winner.
- Kelvin traded daily from 1st to 7th june and made a profit ROI of 500% (i.e. invested INR 1000 margin to make INR 5000). But Robin made only 50% but he made INR 15,000 profit. In this case, Robin will be the winner as his P&L is higher than Kelvin.
Winner Announcement:
Winners will be announced within 7 business days after the contest ends. Pi42 will contact the winners via their registered email address.
General Terms:
- This contest is open to all users with a valid Pi42 account
- Participation signifies your compliance with Pi42’s Terms of Service and Trading Policy.
- Pi42 takes no responsibility for any technical issues during the contest.
- Pi42 reserves the right to modify or cancel the contest at any time without prior notice.
- Participants are solely responsible for ensuring they comply with all applicable laws and regulations related to online trading.
- Pi42 takes no responsibility for any losses incurred by participants during the contest.
- To claim the reward, winners are requested to give consent to use their Names and photographs on the Pi42 website and Social handles.
- By participating in the contest, participants agree to these terms and conditions and the decisions of Pi42, which will be final and binding.
Additional Notes:
- Prizes will be credited to the winners’ Pi42 wallets within 7 business days of the winner’s announcement.
- Pi42 reserves the right to verify the eligibility of participants and disqualify any entries deemed fraudulent or manipulative.
- This contest is not sponsored, endorsed, administered by, or associated with, any third-party platform or service.
So, sharpen your trading skills, stay focused, and get ready to make your mark on the Pi42 leaderboard!