Tradersbrain Monthly Title Giveaway Event
Description, Terms & Rules for Participation
Event Description
The Tradersbrain Monthly Title Giveaway Event awards a pre-selected title to the contestant who comes closest to accurately predicting the high, low and closing figures of the SP500 Index. Sounds easy? Not so fast. We have also added a trigger into the Giveaway Event that can get you eliminated from the competition.
Just like any trading position you may open, placing a stop is almost an automatic. In the Title Giveaway Event, we use your high and low entries as stop levels. For example, place your high too low and get taken out of the position, or competition. Since the winner of each month's Giveaway Event is the contestant with the lowest total score (see #5 of Event Rules), your objective is to get as close to the monthly high, low and final trading day close, without being 'Stopped' out of your position.
If you are the winner, Tradersbrain will mail you the title listed as the prize for the month. If you lose, don't worry, try again the next month.
Finally, the entry deadline is 5:00pm (PT) on the 5th day of the current Event month. So, if the current Event month is September, be sure to have your entry in by 5:00pm (PT), September 5. All entries received after the deadline will be discarded.
Be sure to read the Event Terms and Event Rules closely and have some fun. Good Luck!
Event Terms
1. Only individuals with shipping addresses in the continental United States may participate.
2. Only one entry per household, per month.
3. Event prize does not include shipping cost.
4. Payment for shipping ($3.99) can be made by credit card, personal check or cashier's check and must be received prior to shipment of prize.
5. Prior to shipment, Event winner is required to provide name, mailing address, billing address (if not the same as mailing address and if paying by credit card), payment method and email address. Tradersbrain will contact the winner via email at the end of each Giveaway Event cycle.
6. 'Stopped' refers to being eliminated from the competition.
7. Results are posted daily on the Tradersbrain.com website.
Event Rules
1. Entry deadline is 5:00pm (PT), on the 5th day of the Event month.
2. Participant submits their projections for the monthly High, Low, and Close of the SP 500 Index for the Event month. The High is the highest intraday price of the SP500 Index during the Event month. The Low is the lowest intraday price of the SP500 Index during the Event month. The Close is the closing price of the SP 500 Index on the last trading date of the Event month.
3. If the Participant submits a High that falls lower than the highest intraday price of the SP500 Index during the Event month, they are 'Stopped' out of the Event.
4. If the Participant submits a Low that climbs higher than the lowest intraday price of the SP500 Index during the Event month, they are 'Stopped' out of the Event.
5. Once an entry form has been submitted it cannot be changed.
6. Tradersbrain will not accept email address from: Yahoo.com, GMail.com or Email.com.
7. Final figures are calculated based on the following formula:
Participant High - Actual High = High Value
Actual Low - Participant Low = Low Value
Difference of Particpant Close to Actual Close = Close Value
(High Value + Low Value + Close Value) = Final Score
8. Lowest Final Score Wins!