Challenge rules

1-Trades

– No capital

– The Diabolos’ competition platform allows you to place orders on diabolotrading.com directly from the “SMART TRADING” section in a virtual way, also known as DEMO mode. Tou can follow the evolution of trades and the traders position in the “CHALLENGE” tab.
– No possibility to strengthen or lighten a position taken
– No eliminatory loss, meaning that a trader who takes -200% on a trade or who is the last one because of a percentage of -6000% can obviously stay in the race.
– Stop loss, Buy Limit, Sell Limit are allowed.
– We accept a maximum of 4 simultaneous trades on the same pair. (highest leverage allowed).
– No “Short Sell” orders are possible.
– Buy orders are made on all Binance pairs in the BTC counterparty.
– Unlimited number of trades.
– For each trade buy/sell 0.15% is deducted from the performance of the trade (simulation of Binance fees).

– We do not accept trades on altcoins below 90 satoshis. Particularly the round trips to win (1 to 3) satoshis, whatever the asset or the price is.

– Diabolo reserves the right not to record or to withdraw any trade that does not comply with these rules, cheating, wash trading, scalping on alts with very low values and no liquidity.

 

– 20 simultaneous trades maximum are possible – each trade uses 5% of the fictitious capital.

The trader will have to make at least 15 trades at the end of the round to qualify. (a short round trip does not count as a trade).
The trader will have to achieve at least 3% performance at the end of the round to qualify.
After 15 days, no new participants will be accepted on a current round.

The trader will have to make at least 15 trades at the end of the round to qualify. (a short round trip does not count as a trade).
The trader will need to achieve at least 3% performance at the end of the round to qualify.
After 15 days, no new participants will be accepted for a round in progress.

 

2-Winners:

– The highest winning percentage of each round designates the winner of the round, and it goes the same way for second and third place.

– The top start of each round is given by Diabolo on the telegram Challenge channel.
– The end of each round happens automatically at the end of the last second of the last minute of the last 30 days.
– At the end of each round, all open trades are automatically closed by Diabolo.
– The winner of each round is the one who finishes with the most wins (highest percentage).

– The winner of the tournament is the one who has the most regular consistency according to the formula. Average performance over the 4 ROUNDS, the heats in which the trader will not participate will be counted at 0%.

3- Team:

You can create a TEAM or join a team

BONUS PRIZE: The team with the most points at the end of the competition (October 2020) will win 1000 USDT.

Prize pool team winnings will be distributed in proportion to the performance of the team members.

Explanatory document here

 

4- Gains:

Winnings are paid to the first three within the 7 days following the end of the round.

 

Advice :

– This contest is above all a free game made on a virtual platform that tries to reproduce as well as possible the courses and assets of BINANCE.
– As it is a game, have fun and be fair play.
– Although it’s still fun, be careful by gradually increasing your stop loss, or cutting off the position to secure your gains.

PERFORMANCE CERTIFICATION

Diabolo offers traders and external investment funds the opportunity to obtain certification of their performance using blockchain technology.