03-01-2018 04:48 PM - edited 01-02-2018 11:52 AM
This competition is now closed and the thread is locked.
The second Contributor of the Month award in December was a success, with a total of £500's worth of gift vouchers and trading books given out. We want to repeat this in January as our way of saying thank you for the Communities continued involvement, assistance, market discussion, and trade idea conversation!
The rules are similar to before. We will be selecting our favorite contributor to the IG community based on both the quantity and quality of their posts. This means the winner won’t necessarily be the person who posts the most messages, but someone who has really helped to bring the community to life.
1st place (the winner) will receive a £200* gift voucher and £50* worth of trading books. **
2nd place will receive a £125* gift voucher and £50* worth of trading books. **
Ways to increase your chances of being Contributor of the Month
- There will be a higher weighting to those who answer other Community members questions and receive 'accepted solutions'. If you answer someone else's question, a mod (or the original poster) will make sure the button is clicked.
- Posting quality content across a broad range of topics.
- Asking question to IG Community, submitting feedback to IG, and generally getting involved!
3rd place will receive a £75* gift voucher.
If you're new to IG Community, or trading in general, it may be daunting to post trade ideas and market discussion. We have therefore reserved the 3rd place prize for someone who may;
- Introduces themselves to the IG Community
- Submits feedback on IG's offering (e.g. feedback on our platform, apps, deal execution etc)
- Asks any number of questions they like (e.g. how to trade, how to use a certain feature etc)
We’ll be running this throughout the calendar month of January 2018 with the winner picked at the end of the month. The winner will also have the 'Contributor of the Month' badge added to their profile and a special icon next to your name for the proceeding month so all Community members are aware of your contributions. The competition is subject to our terms and conditions.
If you have any questions please ask below.
All the best
* - Or the AUD, SGD, ZAR equivalent
** - Or a donation of the price sum equivalent to Unicef
03-01-2018 04:57 PM
Those who make money from trading are not here for any prizes, but for relief from the trading bore doom which most good traders know about.
The only thing that attracts people to forums, is money (solid trade set ups), lulz/entertainment and killing bore doom., other than IG related enquiries.
03-01-2018 07:20 PM
I think if we all together can help build a strong IG Community, share ideas, thoughts and really help bring awareness to each other on trading / investing ideas and themes then this is time well spent.
I think the most important thing is that everyone is polite to each other, not offensive, respect that we all will have different opinions and that based on the amount of experience some will have accumulated knowledge over time that can sometimes assist us above any media article (market noise) and even charts (showing what has happened - historical) but not necessarily show us what will happen next and in the future.
I wish everyone a very happy and prosperous 2018.
31-01-2018 05:35 PM
We are not here for prizes , customers /clients want to see quality content, content that be used to place trades.Unfortunately this site is getting crowded with technical analysis, most of it is unusable, something which will make it difficult to find quality trade set ups.
It is heading in the same direction as private forums, where everybody is discussing 50,000 threads of mainly useless misinformation.They are just wasting their time on it.
This sort of competition should aim for prizes with quality content with trade able analysis. This is my opinion on it.
This competition is more for the benefit of I G forum , It should be aimed at what customers required i.e trading ideas in a trading forum, it is currently IG's forum for I G. Why would you see traders wanting to read 40 different topics on technical analysis that can notbe traded by real traders?
31-01-2018 09:59 PM
Personally, I think there would be more value for people posting their own views and opinions and then explaining why they hold them. We can all look at charts and see what happened in the past. If we cannot then maybe we should not be trading on IG!
I do not look for trading ideas within the IG Community, nor would I solely rely on the IG Community for any trade suggestions. It should be our own responsibility to find suitable trading ideas and then execute them. However, there is nothing wrong is getting trading ideas or acquiring from knowledge from others based on their understanding and experience.
I agree that there should be quality content but quality to one person may differ in terms of what it means to another person. This is all down to individual perspective. There are many people who use some form of technical analysis and it may well be Oilfxpro's opinion that most of it may be unusable but let others be the judge of that. I must admit even though I do not trade FX, I found PIA analysis on GBP/JPY quite interesting and useful. I was sceptical at first but it was spot on for that particular trade. Now that does not mean PIA will get every possible trade correct.
01-02-2018 11:10 AM
Who is really interested in either opinions of others or any subjective technical analysis , profitable trading is very simple, analysis is a form of opinion.The idea is to keep trading simple K I S S without adding any more complexity.
I don't look for ideas from I g , and would not take any suggestion from any anybody else, but I don't expect seasoned skilled traders are here for lessons on technical analysis or price action trends.They can see it on the pro real time charts, without subjective opinions .
One person may find opening 50 threads of opinions on his trading style and instruments , that is quantity but not quality. Already it is difficult to find quality threads, without wasting so much time going through quantity.
I have already seen two very poor technical analysis threads, that will lose money or lost money, on this forum.Whilst there are good technical analysis threads, the recent increased activity in poor non trade able analysis has increased.In the long run traders will lose money, following these analysts, once bitten twice shy these traders will run from the forum.This is neither in the long term interests of customers or I G , who eventually will lose out on consistent spread income, in the long run.
The reason I posted here, is the prizes should be for quality, I am probably not the person who deserves any prizes, but I already see new posters aiming for quantity. we would like to see an improvement in quality.
01-02-2018 11:41 AM
Profitable trading is not very simple. In fact consistently making profits is extremely difficult. If it was simple then a lot of people would do it and be very wealthy.
Seasoned skilled traders do not have time to spend on IG's Community forum. They are too busy making millions!
I accept that quality should be more important than quantity. Also the same old information should not be repeated and posted again and again. I am sure there are lots of people who are guilty of that. On occasions I may have been guilty who knows.
However, as it is IG offering the prizes then I think it is only fair that they decide the criteria and whom to award the prizes to.