Jigsaw Leaderboard off to a Flying Start - Well done Mr Gekko

The Jigsaw Leaderboard competition officially started on October 1st. All traders are eligible and the winner gets a $500 cash prize at the end of the month. Traders are rated using similar metrics to the ""go live" statistics used to rate traders in prop firms. We are now into week 2, so we can take a look back at the highlights of the first week. In terms of profitability, the best days from last week were:

• Maru02 - with a profit of $12,718.45 on 3rd October (Live Account)
• Traderkysir - with a profit of $7,865 on 5th October (private)
• Banin17 - with a profit of $3,061.24 on the 2nd October (Live Account)

Great trading indeed. At the end of the week. the leaderboard looks like this:

As you can see, MrGekko got the top spot for the week. Win rate was not that high at just 45% but then win rate isn't everything. What was key for MrGekko was this:

• He kept the risk low
• Scaled in when it was going his way
• No big losers
• Closed every day in the green

As we said - this is all about how a prop firm would rate you. There's no reason you can't swing for the fences and make money. It's just not a fit from a consistency perspective and more likely to lead to blow ups. A prop firm would be unlikely to give you the green light. This competition is all about prop firm ratings, and consistency is the winner!

Good job MrGekko - keep this up and there will be $500 on it's way to you at the end of this month! Great equity curve...