Summary:
On April 24, EBC's contest saw @forexwatchbrother hit $140K profit in days, ending the duopoly. New entries raise competition intensity.
On 24 April, EBC's Million Dollar Trading Challenge II saw the once-stable duopoly at the top of the leaderboard come to an abrupt end, highlighting the ever-changing nature of the markets.
As of 11:00 AM, @forexwatchbrother has amassed $140,000 in profits in just 2 to 3 days, a feat that is nothing short of astonishing.
This trader appears to have a particular fondness for the New Zealand dollar, with active positions not only in gold but also NZD/USD and AUD/NZD. However, consistently holding large open positions does introduce a certain level of risk.
@songqiantongzi has temporarily slipped to second place, but the competition between the 2 remains extremely close. His last trade was on the 21st, and he continues to stick to his own pace, quietly waiting for the next big move in gold.
The leaderboard has also welcomed several new faces who have joined the competition recently. As we predicted, the contest is set to become even more intense in May, and the current frontrunners can't afford to be complacent.
Meanwhile, the Rising Stars category has taken a notably cautious approach lately, with most traders pausing to observe the market. The top 5 returns are all below 15x, which shows just how legendary last year's record of 116x returns by the former champion is.
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