📜 Fundamental Elevate Rules
Before diving into strategies, it's crucial to know the rules governing all Elevate tournaments:
Daily Drawdown: 5% maximum
Maximum Loss: 10% maximum (only for Elevate Swing)
Minimum Trading Days (only for Elevate Swing): 5 days
Prohibitions:
No Expert Advisors (EAs) allowed
Bot usage is not permitted
Copy trading is not accepted
Hedging is not allowed
No violations of trading policies and rules
⚠️ Important: Failure to comply with these rules may result in disqualification.
News Trading: Allowed during news events
One Account per Participant: Only one active account per person in each tournament
🏅 Champions Scale and Rewards
Your consistency and skill deserve an extraordinary reward! Each victory in Elevate (Classic or Night) grants you a 600K Challenge, but true masters can aspire to more. Learn how to scale towards the prestigious 1M PRIME Challenge:
🌟 Excellence Levels:
Two-Time Champion (2 victories): Your first opportunity to access the 1M PRIME Challenge!
Four-Time Champion (4 victories): Confirm your dominance and obtain another PRIME Challenge
Six-Time Champion (6 victories): Demonstrate your consistent mastery and receive your next million
Eight-Time Champion (8 victories): Reach maximum glory and consolidate your legacy!
Ten-Time Champion (10 victories): Become a living trading legend!
Want to go beyond? The sky is the limit! The scale continues to reward your dedication with each two additional victories. Your Elevate legacy can be as big as you want it to be. 💪
⚠️ Important!
For your victories to count on this champions scale, you must meet these conditions:
Same Modality: Victories must be in the same type of tournament
✅ 2 victories in Elevate Classic = Two-Time Champion
✅ 2 victories in Elevate Night = Two-Time Champion
❌ 1 victory in Classic + 1 victory in Night ≠ Two-Time Champion
One Account, One Champion: Only victories obtained from the same verified user account will be counted. Remember that it is strictly prohibited for a participant to compete with two or more accounts, even if owned by the same person. Victories in different accounts are not added to these titles.
💡 Important Details:
Each individual victory in Elevate guarantees a 600K Challenge
By reaching these special milestones, you can exchange your next challenge for a 1M PRIME Challenge!
Each victory in this format grants a PRIME Challenge. They do not accumulate or are saved for future occasions!
⚠️ Important: Maintain your focus on consistency and excellence. The path to championship is challenging, but the benefits are extraordinary.
🎯 Strategies to Stand Out in Elevate
1. Pre-Tournament Preparation
Analyze the Market: Study recent patterns and current trends
Practice with Simulators: Refine your strategies in conditions similar to the tournament
Establish a Plan: Define your objectives and risk limits before starting
2. Effective Risk Management
Respect Drawdown: Always keep the 5% daily limit in mind
Position Size: Adjust your trade sizes according to your risk tolerance
Dynamic Stop Loss: Adapt your stops to market volatility
3. Adaptability and Flexibility
Read the Market: Be prepared to change your strategy if market conditions change
Leverage Phases: Adjust your aggressiveness between Phase 1 and Phase 2 of the tournament or during the month for Elevate Swing
4. Winning Psychology
Stay Calm: Don't let tournament pressure affect your judgment
Learn from Each Trade: Use every operation as an improvement opportunity
Focus on the Process: Concentrate on executing your strategy well, not just on results
💡 Edition-Specific Tips
Take advantage of the high liquidity of the New York session
Keep an eye on important US economic announcements
Familiarize yourself with typical Asian session patterns
Pay attention to Asian market openings for opportunities
Develop a medium-term trading strategy
Wisely use the option to hold positions during the weekend
⚠️ Common Mistakes to Avoid
Over-leveraging: Don't risk more than necessary due to tournament pressure
Ignoring Macro Context: Don't focus only on the short term, consider the overall picture
Uncontrolled Emotions: Avoid making decisions based on fear or euphoria
Lack of Plan B: Always have a backup strategy if your main plan doesn't work
🏆 Path to Success in Elevate
Consistency: Maintain a constant and disciplined approach
Continuous Improvement: Analyze your results after each tournament and adjust your strategy
Networking: Interact with other participants to learn and share knowledge
Growth Mindset: See each tournament as a learning opportunity, regardless of the result
Remember, success in Elevate is not just about winning a tournament, but about developing skills that will serve you in your long-term trading career. Follow these rules, implement these strategies, and you'll be on the right path to stand out in Elevate and beyond. Good luck, and may your trades be successful!