We know the results of the first round of the TMS Brokers investment competition

The first week of the third edition of the educational investment competition in the TMS Brokers mobile app is behind us. Choosing a market with high volatility turned out to be the key winner of the winner. It is the focus on one instrument that allowed to generate a high rate of return.

TMS Brokers competition

Let's remind that a competition in which even 5000 can be won it will last three weeks. The competition consists of general and weekly classification. This gives more opportunities to win a valuable reward. To download the application, simply enter here.

Instruments that the leaders chose

The first place was taken by the traderthat focused solely on the WTI oil market. His rate of return was up 143.08%. The transaction that shaped the entire weekly leader's portfolio lasted from early Monday hours to late Friday evening. Trade for a short time on WTI crude turned out to be a hit. One item generated over 100% profit. It should be emphasized that the winner "caught" almost the whole impulse and left the position on the minima. 

The best trade of the winner of the first week, profit of + 10 180.3 EUR, short position on the WTI oil CFD.

Trader from second place he also chose the raw material market. In addition to WTI's oil, gold was his focus. However, this instrument was only around 20 percent. all transactions. The investment portfolio of this investor had a similar structure. Here too, a good result is also largely due to a single transaction, which enriched the portfolio by more than EUR 7762. The short position on oil and strong declines in the market of this commodity in the last days of May proved to be crucial not only for the winner. The silver medalist of the first week has achieved a slightly lower rate of return: 142.04 percent.

The best trade of the runner-up of the first week, profit of + 7 EUR, short position on the WTI oil CFD.

Profile of a bronze medalist it's a bit different. He is a trader who liked mainly stock market indices and exotic currency pairs. Of all the items, the most profitable item was the short position on the USD / TRY currency pair. The trader was doing quite well in the trade of US indices, mainly NASDAQ100 (name on the US100 platform). The investor has done more than 30 transactions reaching the 112.9 return rate.

The best deal by a trader who came 3rd in week 2, profit + EUR 835.6, short position on USD / TRY.