Competitions
Welcome to the Plurex trading arena. Our Trading Competitions are designed to be the ultimate test of trading skill, creating a level playing field where your strategy's performance is all that matters. This guide explains our core philosophy and the specific mechanics of how competitions are scored.
The Core Philosophy: A True Test of Skill
Our goal is to identify and reward the best traders, regardless of their disposable capital or where they trade.
Any Exchange. Any Market. Spot and Perp: Our competitions can be configured to let traders compete together on any integrated exchange or market.
Return on Investment (ROI) is Key: We measure performance on a trade-by-trade basis, calculating the percentage PnL relative to the capital you risk in your Trading Session, not the size of your account.
Ignore the noise: Only trades for positions that were opened and closed during the competition are scored.
Free Entry: It will always be free to enter a Plurex trading competition.
Key Rules & Scoring Mechanism
To ensure transparency and fairness, all scoring is automated based on the following rules.
Trade Eligibility
Only trades that are fully managed by a Plurex Trading Session are eligible for scoring.
Currently, we only offer the Signal Trading Session, but you can send manual messages. (dedicated manual trading sessions are coming soon)
Only the oldest currently running Trading Session for each account is eligible for scoring at any point in time. You can start and stop Trading Sessions, but only 1 is eligible at a time.
Only trades for positions that were opened after the start of the competition and account entry time and closed before the competition end are considered.
Any trades executed manually on the exchange, or via other bots, will not be included in your competition score.
Performance Calculation
Your competition score is a weighted sum of the PnL from every trade closed during the competition. The "weight" of each trade is determined by its size relative to your trading session's configured Max Open Position Cost.
This ensures that the impact of a trade on your score is proportional to the capital you risked in your automated trading session, not the size of your account.
The Scoring Process
Set Your Risk: Within your Trading Session, you define a Max Open Position Cost (e.g.,
$1000). This represents the total capital your session is allowed to deploy at any one time and is the baseline for all score calculations.Size an Entry: When your session opens a position (e.g., for
$100), we know this represents a specific percentage of your total risk (in this case,$100 / $1000 = 10%).Calculate on Close: When you fully or partially close that position, we calculate the PnL for the closed portion.
Weight the Score: The PnL percentage from that close is then multiplied by its percentage of the Max Open Position Cost to determine its contribution to your overall score.
The formula for each score contribution can be summarized as:
Scoring Example
Let's walk through an example where a trader takes one position with two partial closes.
1. Setup
The trader configures their Trading Session with a Max Open Position Cost of
$1,000.The trader's competition score is 0.
2. Open Entry
The bot opens a
$100LONG position at a price of$5.00.This position represents 10% of the session's max cost (
$100 / $1000).The base size of the position is 20 units (
$100 / $5).
3. First Partial Close (Profit)
Later, the price rises to
$7.00, and the bot closes half of the position (10 units).Size of Closed Portion:
$50(10 units at the entry price of$5). This is 5% of the Max Open Position Cost.
4. Second Partial Close (Loss)
The price then drops to
$4.00, and the bot closes the remaining half of the position (10 units).Size of Closed Portion:
$50(the other half of the initial cost). This is 5% of the Max Open Position Cost.
After this single trade with two partial closes, the trader's final score is 1.0.
Getting Started
Find a Competition: Visit the Competitions Lobby and choose an active or upcoming event.
Review the Rules: Each competition has specific rules, such as eligible markets and the maximum number of accounts you can enter.
Submit Your Entry: Enter the competition by selecting the trading account(s) you wish to compete with.
Start Trading: Start an Signal Trading Session linked to your competing account.
Trade & Track: All eligible trades will be automatically tracked and scored on the leaderboard. Good luck!
Frequently Asked Questions (FAQ)
Q: What happens if I have a position open when the competition ends? A: Only trades that are opened and closed within the competition's Running status window are scored. Positions that remain open at the end will not be included in the final score.
Q: Does using higher leverage give me a better score? A: Not directly. Leverage itself is not part of the calculation. However, since leverage amplifies both gains and losses, it will directly impact your realized PnL for a given price movement, which in turn affects your Trade PnL % for that trade. High leverage increases both potential score and potential risk.
Q: Can I compete on any exchange or market? A: You can only trade on markets that are explicitly permitted in that specific competition's rules. Check the competition details for the list of eligible Exchange Markets.
Q: Why don't my manual trades show up on the leaderboard? A: To ensure a fair and verifiable scoring environment, only trades executed via a Plurex Trading Session are eligible for scoring. This lets us track the full lifecycle of an open and close.