The contest format has been very organic since I've participated, with rule changes occuring at the end of each one. PPS and volume minimums have come down to levels that I personally don't trade at. But then again, I short stocks and the contest doesn't support that. BFD.
The spirit of the contest has to be to improve DD and make money in our actual portfolios. If someone really makes shady picks, ie, absurd spreads and voulumes, it's pretty obvious when one reviews their picks.
I agree that Mickey Mouse style picking for the sake of winning a contest is pretty silly.
The only thing sillier is getting uptight about it.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.