SINGAPORE,Oct. 25, 2024/PRNewswire/ -- The Alpha Trading Cup (ATC) 2024, a premier live trading competition that brought together over 1,149 traders from 22 countries across the globe, culminated in an exclusive awards ceremony onOctober 22, 2024. This event was held at 29 Media Circle,Singapore.
Hosted byNext Level Academy in collaboration with Monaxa and Ascension Profits, the Alpha Trading Cup was recognized for its unique blend of high-stakes competition and comprehensive educational experiences. Participants were tasked with trading real capital across various asset classes such as forex, indices, and stocks gaining practical, hands-on experience in navigating the financial markets while competing for a total prize pool ofUSD 44,000.
The awards night commenced with an inspiringopening speech from Chris Trikomitis, CEO of Monaxa, who emphasized the importance of innovation, strategy, and continuous learning in the trading world."In today's world, the barriers to knowledge are lower than ever, making it possible for anyone to learn and succeed, especially in trading. However, success is not random—it requires carefully crafted strategies and meticulously calculated risks. What drives us must be a relentless pursuit of improvement, and the opportunities we seek should align with our passion for creating a better future. Trading isn't just about profits; it's about having the courage to take action and the wisdom to learn from every outcome,"said Chris.
Following this, the event organizers,Sean Seahfrom Next Level Academy andTerence Tanfrom Ascension Profits, addressed the audience, reflecting on the journey of the Alpha Trading Cup and the incredible talent displayed by the participants.
To set the stage for the awards, ahighlight videowas presented, capturing the essence of the Alpha Trading Cup 2024 and showcasing memorable moments from the competition. This visual recap underscored the diversity and dedication of traders from around the world who took part in this exciting journey.
The Alpha Trading Cup 2024 featured three competition categories:
The awards night honored top performers, including the overallAlpha Trader winner,Alison Gan, who achieved a remarkable 315.19% profit.
In theAlpha Follower category,Adam De Wildeclaimed the top spot with a 21.43% return.
"By surrounding yourself with like-minded traders, joining a reliable investing community, and learning from their experiences, one will be able to craft a profitable trading strategy. With the abundance of free resources available today, it's possible to trade at your own pace and still see significant profits. The most important lesson, however, is to learn from the mistakes of others—that way, you can avoid costly losses."saidAlison Gan, the overall winner of ATC 2024.
Adam De Wilde, the winner of the Alpha Follower category, offered words of encouragement for aspiring traders:"It's crucial to follow proven trading processes. If you're unsure or low on confidence, starting with high-quality stocks that have strong fundamentals is a great way to learn. As you build more conviction and understanding, you can gradually develop your own strategies and grow as a trader."
One of the highlights of the evening was an engagingfireside chatfeaturing the top two winners of the Alpha Trader category and the CEO of Monaxa,Chris Trikomitis, moderated bySean Seah. They shared insider secrets, trading strategies, and their outlook on the financial markets for Q4 2024 and beyond. The discussion provided attendees with valuable insights into the mindset and techniques of successful traders.
"To develop yourself as a trader, you need to learn from successful strategies, test them, and adapt them to suit your own style. Too many new traders are searching for a holy grail strategy that never loses, but the key is to keep refining your approach," saidSean Seah, Founder of Next Level Academy.
Second-place overall Alpha Trader winnerEric Ongadded:"Winning the Alpha Trading Cup is a testament to the power of discipline, strategy, and continuous learning. Trading is a journey—stay patient, stay focused, and success will follow."
The evening also featured aninteractive Q&A session, where attendees could ask the panel questions about their trading methodologies, strategies, and market predictions. This segment allowed participants to engage directly with top traders and financial experts, gaining valuable perspectives for their own trading journeys.
Terence Tan, Founder of Ascension Profits, reflected on evening's success:"The Alpha Trading Cup is testimony to the determination, discipline, and diligence necessary for a trader to rise to the very top echelons of trading excellence. Success leaves clues. Model after what works. Tweak and keep going at it until you achieve the results you desire to have."
As the curtain falls on the 2024 competition, anticipation is already building for what's next. The Alpha Trading Cup continues to expand, with plans to introduce new educational initiatives and strategic partnerships that will empower more traders to hone their skills and succeed in the financial markets.
About Next Level Academy
Next Level Academy is a premier educational platform offering comprehensive training and mentorship for investors and traders.
Known for its hands-on approach and expert-led events, Next Level empowers individuals to achieve financial freedom and transform their lives through effective wealth-building strategies.
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CONTACT:Jana Ho,jana@thenextlvl.co
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SOURCE Next Level Academy
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