The Bottom Line:
- Find the ETF challenge portfolio in VectorVest 7 Portfolios tab
- Enter the contest and note your entry number
- Select or build your own trading system for the competition
- Customize your trading system settings including stop loss criteria
- Monitor your progress on the leaderboard and follow the contest results
Locating the ETF challenge portfolio in VectorVest 7 Portfolios tab
Accessing the ETF Challenge Portfolio in VectorVest 7
You can locate the ETF challenge portfolio in VectorVest 7 by going to the Portfolios Tab. Within this tab, you will find options such as VectorVest portfolios, my portfolios, and contest portfolios. If you encounter any difficulties, there is a panel on the left side that allows you to navigate directly to the contest portfolios section.
Entering the ETF Challenge Competition
Once you access the contest portfolios, you should see the upcoming contest named “2024 VectorVest ETF challenge.” You can submit your trading system at any time during the contest duration. Remember that once you submit your system, no changes will be allowed. By clicking the appropriate button, you can successfully enter the contest and proceed to your contest portfolio.
Configuring and Customizing Your Trading System
Within your contest portfolio, you can either select an existing trading system or build your own. Popular ETF trading systems like REITZAs and Elliot Nets Turbo are available for selection. You also have the option to choose from your backtested trading systems. Additionally, you can customize existing trading systems by adjusting parameters like stop loss levels. Once you finalize your system, ensure it is set to your desired settings, save it, and you are ready to participate in the competition.
Entering the contest and recording your entry number
Recording Your Entry Number
Once you are in your contest portfolio, take note of your entry number at the top of the page. This number will help you identify your position within the competition lineup and track your progress as the challenge unfolds.
Configuring the Genius Feature
In your contest portfolio, you have the option to activate the Genius feature by editing your trading system. The Genius feature allows you to set parameters for position management, such as when to close positions and how frequently the system should check for updates during market hours. Make sure to choose settings that align with your trading strategy and preferences.
Creating a Custom Trading System
If you opt to build your own trading system from scratch, you can do so within your contest portfolio. Start by selecting the market timing signal you want to follow, then proceed to define search criteria and other settings based on your strategy. Ensure that your custom system meets all the competition requirements, including minimum average volume on ETFs. Once you have finalized your system, save it and get ready to participate in the ETF challenge competition.
Choosing or crafting your personal trading system for the competition
Customizing Your Personal Trading System
Once you are in your contest portfolio, you have the option to either select an existing trading system or create your own. Popular ETF trading systems like REITZAs and Elliot Nets Turbo are readily available for selection. Alternatively, you can choose from your backtested trading systems. Furthermore, you have the ability to tailor existing trading systems to your preferences by adjusting parameters such as stop loss levels. After finalizing your system, ensure that it is configured according to your desired settings, save it, and you’ll be all set to participate effectively in the competition.
Recording Your Entry Details
Within your contest portfolio, take note of your entry number displayed at the top of the page. This entry number serves as a reference point to track your position within the competition lineup and monitor your progress as the challenge progresses. Keeping track of this detail will aid in managing your trades efficiently and staying informed about your standing in the competition.
Engaging the Genius Feature
In your contest portfolio, you have the opportunity to activate the Genius feature by editing your trading system. The Genius functionality allows you to establish parameters for managing positions, including when to close positions and how frequently the system should check for updates during trading hours. It is crucial to select settings that align with your individual trading strategy and preferences to optimize your performance during the competition.
Tailoring your trading system settings, including stop loss parameters
Customizing Your Trading System Settings
Within your contest portfolio, you have the flexibility to select an existing trading system or create your own from scratch. Popular ETF trading systems like REITZAs and Elliot Nets Turbo are available for immediate use, or you can choose from your previously backtested systems. Moreover, you can personalize existing trading systems by adjusting parameters such as stop loss levels to align with your strategy. Once you have finalized your system, ensure it is configured as per your preferences, save it, and you will be all set to participate effectively in the competition.
Recording Your Entry Details
In your contest portfolio, make a note of your entry number displayed at the top of the page. This entry number serves as a reference point to track your position within the competition lineup and monitor your progress throughout the challenge. Keeping track of this detail will help you manage your trades efficiently and remain informed about your status in the competition.
Activating Position Management Features
Utilize the Genius feature in your contest portfolio by editing your trading system. The Genius functionality allows you to establish parameters for managing positions, including when to close them and how often the system should check for updates during trading hours. It is essential to select settings that match your individual trading strategy and preferences to optimize your performance during the competition.
Tracking your progress on the leaderboard and staying updated on contest results
Monitoring Your Progress on the Leaderboard
To stay updated on your performance in the competition, you can access the leaderboard within your contest portfolio. By clicking on the leaderboard option, a browser will open, directing you to the VectorVest ETF challenge contest results page. Here, you can track various metrics such as overall gains and losses, daily percentages, and details of other participants’ Market Timing Systems. Utilize this tool to gauge your standing and make informed decisions as the competition unfolds.
Staying Informed About Contest Results
Being aware of the contest results is crucial for refining your strategies and adapting to market dynamics. The leaderboard provides a comprehensive overview of the competition standings, giving you insights into successful approaches and potential areas for improvement. Regularly checking the contest results page will help you stay competitive and adjust your trading system effectively to enhance your chances of success in the ETF challenge.
Utilizing Contest Rules and Guidelines
Familiarizing yourself with the rules and guidelines of the competition is essential for navigating the ETF challenge successfully. By reviewing the established rules within the contest results page, you can ensure compliance with competition regulations and optimize your trading system accordingly. Understanding the parameters set by contestants and the competition organizers will enable you to make strategic decisions that align with the objectives of the ETF challenge.
