EBC's Million Dollar Trading Challenge II | Tariff Chaos Fuels Market Volatility as Traders Stay Afloat

2025-04-09
Summary:

​EBC's Million Dollar Trading Challenge II has entered day 39, @fulizhiyi leads with lower profits, while @Hanxiaojie shorts the S&P 500.

EBC's Million Dollar Trading Challenge II has entered day 39, with markets thrown into disarray due to escalating tariff tensions between the United States and China. As of 12:00 PM, traders are grappling with increasingly unpredictable movements that global markets have been experiencing.


In the Dream Squad category, @fulizhiyi remains in the top spot but has seen their profits dip below $100,000. This morning, they hurriedly closed a series of short positions on gold, highlighting the psychological shifts traders experience during volatile conditions.

@Hanxiaojie's order picture

Second-place @Hanxiaojie took a different approach, pivoting from losses in gold trading to shorting the S&P 500 index—a move aimed at pursuing greater certainty amidst the turmoil.


The Rising Stars category has fared slightly better, with all top 10 traders maintaining returns above 5x. Notably, the leader has set a new record for the group by breaking through a 20x return.


@Gaoxin managed to emerge unscathed from intense gold trading battles but still holds a relatively low copy trading capital compared to other top performers. With reciprocal tariffs now fully implemented, traders who have been waiting on the sidelines may find this an opportune moment to enter the market and start copying trades.


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