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How to Play
Each player starts with a $100,000 fantasy account each month.
The aim of the game is to maximize the return on that amount by building and trading a portfolio of US listed shares.
Each player is ranked on the market value of their portfolio (value of shares plus any cash).
The Top 20 ranked players at the end of month make the Top 20 Legends List and are awarded cash prizes.
Play for consistency of performance by making the Top 20 Legends List in multiple months to multiply the monthly prize level.
NOTE: Prize draw starts after BETA version testing. Estimated 6th April 2009
Prizes are awarded in the following categories
Level 1) Monthly Prizes
1st Place .......
2nd Place .......
3rd Place .......
4th ....... 10th Place .......
11th ....... 20th Place .......
Level 2) Third or more Consecutive Month placing in the Top 20 Legends List
Multiply prize you would otherwise be awarded in the third or more consecutive month by 3.
Example:
John starts playing in February and places 50th ....... he would therefore not be awarded a prize in that month.
In March John places 3rd and therefore receives the 3rd prize and obviously makes the Top 20 Legends List.
In April John places 12th, gets a prize and makes the Legends List.
Then in May John places 2nd... because he has now made the Top 20 Legends List in three consecutive months
John will receive three times the normal prize he would have been eligible for in that third month .......
in his case 3 times the 2nd prize.
Now if John also makes the Legends List in June he will also receive three times the monthly prize.
Level 3) Grand Prize ....... 6 out of 12 consecutive months placing in Top 20 Legends List
The first person to place in the Top 20 Legends List in any 6 of a consecutive 12 month period will win the Grand Prize.
The twelve month period can start at the beginning of any month (ie not necessarily on a calendar year basis) and
the prize may be awarded before the end of a twelve month period .......
ie once six Top 20 Legends Lists have been achieved by the one user.
If two or more users achieve eligibility for the Grand Prize in the same month,
the prize will be awarded on the basis of the best overall placing for the six months
in which Top 20 Legend List status was achieved. For example, if one point is awarded for 1st place,
2 points for 2nd place and so on through to 20 points for 20th place, the points over the six eligible months
would be added and the player with the lowest number of points (ie best overall placings) would be declared the winner.
In the event of an equal number of points based on that calculation by two or more players,
the winner will be the best placed player in the sixth month of eligibility.
Only one Grand Prize will be issued. Future prize awards may be offered at the discretion of TraderLegends.com.